---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-008411"
form_type: "8-K"
ticker: "KRFG"
cik: "0000774415"
company_name: "King Resources, Inc."
filed_at: "2026-11-09T13:12:22+00:00"
generated_at: "2026-11-09T13:15:07.716193+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# King Resources unit to buy $12.3M of ceramics from Grand View, paid in KRFG stock at $0.235/share

## Summary
- Three purchase agreements dated Nov 5, 2026 with Hong Kong's Grand View Assets Management: 6 ceramics for $4,221,908, 1 for $770,445 and 12 for $7,344,385, totaling $12,336,738.
- Consideration is payable in KRFG common stock at $0.235 per share, implying roughly 52.5 million shares issued for the collectibles.
- Exhibit 10.1 Appendix B directs the $4,221,908 to Grand View ($2,864,867) plus individuals Zhou Shenglai ($1,145,946) and Yu Sheung Kwan ($211,095).
- Closing must occur within 36 months of signing; buyer Heavenly Grace Ltd may return the collectibles and terminate if it finds discrepancies before closing.
- KRFG CEO Wong Nga Yin Polin signed for both Heavenly Grace and King Resources; Grand View director Chan Chang Yuen signed for the seller.

## SEC filing metadata
- accession: 0001683168-26-008411
- form_type: 8-K
- ticker: KRFG
- cik: 0000774415
- company_name: King Resources, Inc.
- filed_at: 2026-11-09T13:12:22+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/774415/000168316826008411/0001683168-26-008411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/774415/000168316826008411/king_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-008411
- JSON: https://secwatch.observer/filing/0001683168-26-008411.json
- Plain text: https://secwatch.observer/filing/0001683168-26-008411.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.