secwatch.observer — SEC 8-K summary
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Issuer:     King Resources, Inc. (KRFG)
CIK:        0000774415
Form:       8-K
Filed at:   2026-11-05T19:50:58+00:00
Accession:  0001683168-26-008341
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

King Resources unit to buy 29 ceramic collectibles for $22.3M in stock at $0.236/share
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- Heavenly Grace, a wholly owned King Resources unit, agreed Nov 3-5, 2026 to buy 29 ceramic collectibles from three Hong Kong sellers.
- Total price is $22,261,659: $4,418,165 from Herbertini for 7 pieces, $9,062,214 from Silver Bloom for 13, and $8,781,280 from Grand View for 9.
- Consideration is payable in KRFG common stock at $0.236/share, implying about 94.3M shares issued across the three deals.
- Closings may occur up to 36 months after signing; buyer can return items and terminate if it finds discrepancies before closing.
- Silver Bloom's address is Unit 608, 6/F, Fotan Industrial Centre, 26-28 Au Pui Wan Street—same Fo Tan building as King Resources' Unit 1813 office.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/774415/000168316826008341/0001683168-26-008341-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/774415/000168316826008341/king_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-008341

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