CAMBELL INTERNATIONAL HOLDING CORP.: M&A transaction — Bitmis Corp. changes control as Yuan Xiaoyan acquires 90% voting shares; CEO David Lazar resigns
CAMBELL INTERNATIONAL HOLDING CORP.
Yuan Xiaoyan purchased 10M Series A Preferred shares for $430,000, obtaining 90% of voting rights.
David Lazar resigned as CEO, CFO, President, Treasurer, Secretary, and director effective Sept 22, 2022.
Yuan Xiaoyan appointed as CEO, President, CFO, and director; prior background includes administrative and fund management roles.
Company shares quoted on OTC Pink under symbol BIMT; no current business operations or plans disclosed.
David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director.
Appointed
Yuan Xiaoyan
Chief Executive Officer
CAMBELL INTERNATIONAL HOLDING CORP.
Effective
2022-09-22
Filed
December 5, 2022, 6:59 PM ET
Yuan Xiaoyan consented to act as the new Chief Executive Officer, President, Chief Financial Officer, and a Director of the Company.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
David Lazar resigned as Chief Executive Officer at CAMBELL INTERNATIONAL HOLDING CORP..
Action
resigned
Role
Chief Executive Officer
Exact text from the filing
David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director.
CAMBELL INTERNATIONAL HOLDING CORP. underwent a change of control involving Yuan Xiaoyan for $430,000 (closed 2022-09-22).
Action
change of control
Counterparty
Yuan Xiaoyan
Consideration
$430,000
Closing
2022-09-22
Exact text from the filing
As a result, the Purchaser became the holder of 90% of the voting rights of the issued and outstanding share capital of the Company. The consideration paid for the Shares was $430,000. The source of the cash consideration for the Shares was personal funds of the Purchasers. Other than as described below, there are no arrangements or understandings among both
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