Mag Magna Corp (MGNC): M&A transaction — Mag Magna Corp. changes control: Harpreet Sangha acquires 77.2% stake, appointed CEO

Mag Magna Corp

Harpreet Sangha acquired 4,500,000 shares (77.20% stake) from Wang Gang for $415,000 (cash $240k + note $175k).
Wang Gang resigned as President, CEO, Treasurer, Secretary and Director.
Harpreet Sangha appointed Sole Director, President, CEO, Treasurer and Secretary.
Sangha previously served as officer/director of China Dongsheng (CDSG) and Barrel Energy (BRLL).
Change in control effective December 24, 2025; report filed January 27, 2026.

item 5.01 item 5.02

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Mag Magna Corp underwent a change of control involving Harpreet Sangha for $415,000.00 (closed 2025-12-24).

Action: change of control
Counterparty: Harpreet Sangha
Consideration: $415,000.00
Closing: 2025-12-24

Exact text from the filing

of the outstanding shares of the Company’s common stock and constitute voting control of the Company. The total consideration paid by Mr. Sangha for the Control Shares was $415,000.00, paid $240,000 by delivery of cash at the closing and $175,000.00 by delivery of a secured promissory note at the closing, with such note due and payable on or before the

View on SEC.gov

5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Mag Magna Corp filing history →

Source: SEC EDGAR

accession 0001683168-26-000554

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.