---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-005745"
form_type: "8-K"
ticker: "MVNC"
cik: "0001439264"
company_name: "Marvion Inc."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T08:59:21.296014+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Marvion acquires UWMC for 148M shares plus $5.5M earn-out

## Summary
- Issued 148,148,148 common shares to UWMC shareholders in exchange for all of UWMC's 4,000 outstanding shares.
- Earn-out payments of up to $5.5M in interest-free promissory notes upon UWMC achieving net income milestones over nine 6-month periods.
- CEO Chan Sze Yu is a selling shareholder; Young Chi Kin Eric (10M Series A Preferred shares, 200 votes each) also sells.
- Closing expected on or before September 30, 2024, subject to conditions.

## SEC filing metadata
- accession: 0001683168-24-005745
- form_type: 8-K
- ticker: MVNC
- cik: 0001439264
- company_name: Marvion Inc.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1439264/000168316824005745/0001683168-24-005745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1439264/000168316824005745/marvion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-005745
- JSON: https://secwatch.observer/filing/0001683168-24-005745.json
- Plain text: https://secwatch.observer/filing/0001683168-24-005745.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.