secwatch.observer — SEC 8-K summary
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Issuer:     Marvion Inc. (MVNC)
CIK:        0001439264
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001683168-25-009436
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marvion Inc. issues 15.8M restricted shares to settle $3.95M subsidiary debt
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- Issued 15,816,576 restricted common shares at $0.0321 per share to Ng Chun Man as full settlement of $3,950,000 debt owed by subsidiary United Warehouse Management.
- Per-share price based on 7-day average closing price of MVNC common stock prior to December 30, 2025.
- Shares are Rule 144 restricted; no anti-dilution or price adjustment mechanisms apply.
- Debt arose from engineering and warehouse services provided by Star Warehouse Engineering Limited to the subsidiary.
- Board approved agreement on December 30, 2025; settlement shares to be delivered within 30 business days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439264/000168316825009436/0001683168-25-009436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439264/000168316825009436/marvion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-009436

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