M&A
confidence high
sentiment neutral
materiality 0.90
Alpha Investment Inc. acquires 90% of Londax Corp. in cash deal; new CEO appointed
Londax Corp.
- Alpha Investment Inc. acquired 2,002,035 shares (90% of outstanding common stock) via cash installment payments, final payment July 13, 2026.
- Former sole officer/director Giorgi Loloshvili resigned effective June 29, 2026, contingent on closing.
- Jon S. Cummings IV appointed CEO, Treasurer, Secretary, and sole Director effective July 13, 2026.
- Principal executive offices relocated from Limassol, Cyprus to Cincinnati, Ohio effective July 13, 2026.
- No compensatory arrangements or family relationships disclosed for new officer/director.