M&A
confidence high
sentiment neutral
materiality 0.70
Atlantis Glory acquires 90% voting control of Shengshi Elevator for $400k; CEO replaced
Atlantis Glory Inc.
- Purchaser Atlantis Glory Company Limited bought 10M Series A Preferred Shares from NYJJ (HK) for $400k, gaining ~90% voting control.
- David Lazar resigned as Director, President, CEO, Secretary, and Treasurer effective January 5, 2022.
- Ms. CHENG Sau Heung appointed as President, CEO, Secretary, Treasurer, and Director effective January 5, 2022.
- Purchase price sourced from personal funds of Ms. Cheng, controlling person of Atlantis Glory.