8-K
filed January 14, 2025, 6:59 PM ET
CIK 0001909770
other material
confidence high
sentiment neutral
materiality 0.80
KHEOBA CORP.: M&A transaction — Investor Tien Seng Tong acquires 74% stake in Kheoba Corp; CEO and board replaced
KHEOBA CORP.
- Tien Seng Tong purchased 6M shares at $0.091/share, obtaining 74% controlling stake via private transaction.
- CEO and other executive officer Gaga Gvenetadze resigned Jan 14, not due to disagreement.
- Directors Irakli Tatarishvili and Giorgi Sambadze resigned; no independent director appointed.
- Board appointed Ka Miew Hon as President, CEO, CFO, CAO, and Secretary.
- New controlling investor plans international expansion and internet business development in Asia Pacific.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ka Miew Hon was appointed as President, Chief Executive Officer, Treasurer, and Chief Financial Officer, Chief Accounting Officer and Secretary at KHEOBA CORP..
- Action
- appointed
- Role
- President, Chief Executive Officer, Treasurer, and Chief Financial Officer, Chief Accounting Officer and Secretary
Exact text from the filing
The Board of the Company appointed Mr. Ka Miew Hon (age 47) as the President, Chief Executive Officer, Treasurer, and Chief Financial Officer, Chief Accounting Officer and Secretary, effective on January 14, 2025.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Irakli Tatarishvili resigned as Director at KHEOBA CORP..
- Action
- resigned
- Role
- Director
Exact text from the filing
On January 14, 2025, Irakli Tatarishvili and Giorgi Sambadze submitted their resignation from their director positions with the Company effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Giorgi Sambadze resigned as Director at KHEOBA CORP..
- Action
- resigned
- Role
- Director
Exact text from the filing
On January 14, 2025, Irakli Tatarishvili and Giorgi Sambadze submitted their resignation from their director positions with the Company effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gaga Gvenetadze resigned as President, Chief Executive Officer, Treasurer, and Chief Financial Officer, Chief Accounting Officer, Secretary at KHEOBA CORP..
- Action
- resigned
- Role
- President, Chief Executive Officer, Treasurer, and Chief Financial Officer, Chief Accounting Officer, Secretary
Exact text from the filing
As of January 14, 2025, Gaga Gvenetadze, the President, Chief Executive Officer, Treasurer, and Chief Financial Officer, Chief Accounting Officer, Secretary of the Company, submitted his resignation from all executive officer positions effective immediately.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
KHEOBA CORP. underwent a change of control involving Mr. TIEN SENG TONG (the “Investor”) for USD 0.091 per share (closed 2025-01-10).
- Action
- change of control
- Counterparty
- Mr. TIEN SENG TONG (the “Investor”)
- Consideration
- USD 0.091 per share
- Closing
- 2025-01-10
Exact text from the filing
equity stake in KHEOBA CORP. (the “Company”) through a privately negotiated transaction. The Investor purchased 6,000,000 shares of the Company’s common stock at a price of USD 0.091 per share. This transaction was financed through the Investor’s own capital. The Purchase Agreement was fully executed and delivered. Consequently, the Investor is now able to
View on SEC.gov
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