---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-004778"
form_type: "8-K"
ticker: null
cik: "0000787496"
company_name: "UBUYHOLDINGS INC"
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:53:29.486376+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# AEI Capital acquires 95% voting control; CEO and board replaced

## Summary
- AEI Capital acquired 10M Series A-1 Pref shares (100% of class, 95% voting power).
- All prior officers and directors resigned; John Tang Honjian appointed as CEO, CFO, Secretary, and Director.
- New CEO John Tang Honjian leads AEI Capital Group, AUM >$500M, background in M&A and IPO.
- Transaction closed June 20, 2024, effective June 24, 2024; purchased with personal funds.

## SEC filing metadata
- accession: 0001829126-24-004778
- form_type: 8-K
- cik: 0000787496
- company_name: UBUYHOLDINGS INC
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/ubuyholdings_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-004778
- JSON: https://secwatch.observer/filing/0001829126-24-004778.json
- Plain text: https://secwatch.observer/filing/0001829126-24-004778.txt

## Key facts
- Executive change
  John Tang Honjian was appointed as Director at UBUYHOLDINGS INC.
  - Action: appointed
  - Role: Director
  source text: the Board appointed John Tang Honjian to fill a vacancy on the Company’s Board of Directors caused by the resignation of Mr. David Lazar
  evidence_url: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm
- Executive change
  John Tang Honjian was appointed as Secretary at UBUYHOLDINGS INC.
  - Action: appointed
  - Role: Secretary
  source text: the Board appointed Mr. Honjian as President/CEO and CFO and as Secretary
  evidence_url: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm
- Executive change
  John Tang Honjian was appointed as President/CEO at UBUYHOLDINGS INC.
  - Action: appointed
  - Role: President/CEO
  source text: the Board appointed Mr. Honjian as President/CEO and CFO and as Secretary
  evidence_url: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm
- Executive change
  David Lazar resigned as Director at UBUYHOLDINGS INC.
  - Action: resigned
  - Role: Director
  source text: the Board appointed John Tang Honjian to fill a vacancy on the Company’s Board of Directors caused by the resignation of Mr. David Lazar
  evidence_url: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm
- Executive change
  John Tang Honjian was appointed as CFO at UBUYHOLDINGS INC.
  - Action: appointed
  - Role: CFO
  source text: the Board appointed Mr. Honjian as President/CEO and CFO and as Secretary
  evidence_url: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm
- M&A Transactions
  UBUYHOLDINGS INC underwent a change of control involving AEI Capital Ltd. (closed 2024-06-20).
  - Action: change of control
  - Counterparty: AEI Capital Ltd.
  - Closing: 2024-06-20
  source text: On June 20, 2024 (the “Closing Date”), and effective on June 24, 2024 (the “Effective Date”), David Lazar (the “Seller”) and AEI Capital Ltd. (the “Purchaser”) entered into a Stock Purchase Agreement (the “SPA”) dated May 16, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/787496/000182912624004778/0001829126-24-004778-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.