{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-22-001513","form_type":"8-K","ticker":null,"cik":"0001623590","company_name":"Fintech Scion Ltd","filed_at":"2022-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.475608+00:00","generated_at":"2026-06-21T11:41:52.868411+00:00","sec_items":["2.01","3.02","5.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HWGC Holdings closes acquisition of Fintech Scion, issues 101.7M shares, gaining control","bullets":["Acquired all outstanding shares of Fintech Scion in exchange for 101,666,666 shares of HWGC common stock.","Fintech becomes wholly owned subsidiary; offers payment gateway and eCommerce solutions.","Change of control: Fintech shareholders own ~51.2% of HWGC on fully diluted basis.","Company waived S-4 registration requirement; securities were unregistered in the transaction.","Financial statements and pro forma information to be filed within 71 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-22-001513","json":"https://secwatch.observer/filing/0001753926-22-001513.json","markdown":"https://secwatch.observer/filing/0001753926-22-001513.md","text":"https://secwatch.observer/filing/0001753926-22-001513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1623590/000175392622001513/0001753926-22-001513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1623590/000175392622001513/g083280_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T11:41:52.868411+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"97cc4f8c1f8949ff15e47e0cb6f0483619da8c4c","claim":"Fintech Scion Ltd completed an acquisition involving Fintech Scion Limited and the shareholders of Fintech for 101,666,666 shares of common stock (closed 2022-11-30).","evidence_excerpt":"”), the Company acquired all of the issued and outstanding ordinary shares of Fintech (the “ Fintech Shares ”) from the Fintech Shareholders in exchange for an aggregate of 101,666,666 shares of common stock of the Company (the “ Exchange Shares ”), with each Fintech Shareholder receiving a pro rata portion of the Exchange Shares based upon the total number","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1623590/000175392622001513/0001753926-22-001513-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Fintech Scion Limited and the shareholders of Fintech"},{"label":"Consideration","value":"101,666,666 shares of common stock"},{"label":"Closing","value":"2022-11-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}