{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-005674","form_type":"8-K","ticker":null,"cik":"0001918694","company_name":"Medies","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.196385+00:00","generated_at":"2026-05-31T09:27:32.302292+00:00","sec_items":["5.01","5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Leong Weng Fong acquires controlling stake in MEDIES; appoints himself CEO, CFO after resignations of Tindall and Kidd","bullets":["Leong Weng Fong purchased 4,300,000 shares of common stock, gaining unilateral control of board election and shareholder matters.","Kenneth Tindall resigned as CEO, CFO, Treasurer, Director and Secretary, effective August 12, 2024.","Simon Kidd resigned as Executive Vice Chairman, effective August 12, 2024.","Leong Weng Fong appointed as CEO, CFO, Director and Secretary, effective August 12, 2024.","Tindall's resignation was not due to any disagreement with the Company's operations, policies or practices."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-005674","json":"https://secwatch.observer/filing/0001683168-24-005674.json","markdown":"https://secwatch.observer/filing/0001683168-24-005674.md","text":"https://secwatch.observer/filing/0001683168-24-005674.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/medies_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:27:32.302292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"074e4e580f","claim":"Simon Kidd resigned as Executive Vice Chairman at Medies.","evidence_excerpt":"on August 12, 2024, Mr. Simon Kidd submitted his resignation from the Company's Executive Vice Chairman role, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Executive Vice Chairman"}],"fact_type":"executive_change"},{"claim_id":"2a1bad0216","claim":"Kenneth Tindall resigned as CEO, CFO, Treasurer, Director and Secretary at Medies.","evidence_excerpt":"As of August 12, 2024, Kenneth Tindall is no longer holding the positions of CEO, CFO, Treasurer, Director and Secretary of MEDIES (the \"Company\").","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"CEO, CFO, Treasurer, Director and Secretary"}],"fact_type":"executive_change"},{"claim_id":"8b27149f30","claim":"Leong Weng Fong was appointed as CEO, CFO, Director and Secretary at Medies.","evidence_excerpt":"The Board of the Company appointed Leong Weng Fong as the new CEO, CFO, Director and Secretary, effective on August 12, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"CEO, CFO, Director and Secretary"}],"fact_type":"executive_change"},{"claim_id":"32d1688bc74e7c6139dd331cd18d25bdaaeb44d9","claim":"Medies underwent a change of control involving Leong Weng Fong (closed 2024-08-12).","evidence_excerpt":"On August 12, 2024, Leong Weng Fong acquired a controlling equity stake in MEDIES (the \"Company\") through a privately negotiated transaction.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Leong Weng Fong"},{"label":"Closing","value":"2024-08-12"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}