secwatch.observer — SEC 8-K summary
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Issuer:     MicroCloud Hologram Inc. (HOLO)
CIK:        0001841209
Form:       8-K
Filed at:   2021-09-13T23:59:59+00:00
Accession:  0001829126-21-009924
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Path Acquisition enters $450M merger with MC Hologram; expects closing Q1 2022
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- MC Hologram valued at $450M; MC stockholders to receive ~44.5M shares, representing ~84% of combined entity.
- Merger expected to close in Q1 2022, subject to Golden Path shareholder approval and conditions including $5M net tangible assets.
- Post-closing name change to MicroCloud Hologram Inc.; board will have 5 members, 4 nominated by MC.
- Lock-up: 50% of shares restricted for 6 months or until $12.50 closing price for 20 days; remaining 50% locked 6 months.
- Issuance of 380,000 ordinary shares to Peace Asset Management as compensation for sourcing the target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841209/000182912621009924/0001829126-21-009924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841209/000182912621009924/goldenpathacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-21-009924

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer