8-K
filed January 9, 2024, 6:59 PM ET
CIK 0001653876
M&A
confidence high
sentiment neutral
materiality 0.85
Qiao Future Technology acquires controlling stake in Momentous Holdings for $275k; CEO and entire board replaced
MOMENTOUS HOLDINGS CORP.
- Acquisition of 10M Series A Preferred shares for $275k closed Dec 28; each preferred converts to 10 common shares.
- David Lazar resigned as President, CEO, CFO, Treasurer, Secretary, and sole Director effective Dec 28.
- Chen Yongjin appointed President, Secretary, Treasurer; Pan Zhongjian appointed CEO on Dec 29.
- Company plans to rename to Qiao Future Technology Inc. as announced in press release.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Chen Yongjin was appointed as President, Secretary and Treasurer at MOMENTOUS HOLDINGS CORP..
- Action
- appointed
- Role
- President, Secretary and Treasurer
Exact text from the filing
appointed Mr. Chen Yongjin as President, Secretary and Treasurer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David Lazar resigned as President, Chief Executive Officer at MOMENTOUS HOLDINGS CORP..
- Action
- resigned
- Role
- President, Chief Executive Officer
Exact text from the filing
Mr. David Lazar, president, chief executive officer, treasurer, chief financial officer, Secretary and the sole member of the Board of Directors (the “Board”), resigned from all of his positions with the Company and the resignations became effective on December 28, 2023.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
MOMENTOUS HOLDINGS CORP.: The Company filed a Certificate of Designation with the Nevada Secretary of State, setting forth the terms of the Series A Preferred Stock, effective October 17, 2023 (effective 2023-10-17).
- Change
- charter amendment
- Effective
- 2023-10-17
Exact text from the filing
On October 17, 2023, the Company filed a Certificate of Designation with the Nevada Secretary of State, setting forth the terms, rights, obligations and preferences of the Series A Preferred Stock. The Certificate of Designation became effective with the Nevada Secretary of State upon filing.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
MOMENTOUS HOLDINGS CORP.: The Company filed an Amended and Restated Articles of Incorporation with the Nevada Secretary of State, effective October 11, 2023 (effective 2023-10-11).
- Change
- charter amendment
- Effective
- 2023-10-11
Exact text from the filing
On October 11, 2023,the Company filed an Amended and Restated Articles of Incorporation with the Nevada Secretary of State. The Amended and Restated Articles of Incorporation became effective with the Nevada Secretary of State upon filing.
View on SEC.gov
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