Mag Magna Corp (MGNC): M&A transaction — Wang Gang acquires 79.65% control of Mag Magna Corp.; appointed CEO and sole director

Mag Magna Corp

Wang Gang bought 4,500,000 shares (77.20%) from Oleg Bilinski for $564,380.50 cash.
Additional 142,372 shares bought from 18 shareholders for $17,846.50.
Oleg Bilinski resigned as President, CEO, Treasurer, Secretary, Director; Tomasz Anczok resigned as Director.
Wang Gang appointed as Sole Director, President, CEO, Treasurer, Secretary.
Wang Gang, 36, currently Manager at Yilong Energy Holding; will devote at least 20 hrs/week to the company.

item 5.01 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Mag Magna Corp underwent a change of control involving Wang Gang for $564,380.50 in cash (closed 2025-06-04).

Action: change of control
Counterparty: Wang Gang
Consideration: $564,380.50 in cash
Closing: 2025-06-04

Exact text from the filing

of the outstanding shares of the Company’s common stock and constitute voting control of the Company. The total consideration paid by Mr. Wang for the Control Shares was $564,380.50 in cash. Additionally, effective June 4, 2025, Mr. Wang acquired an additional 142,372 shares of the Company’s common stock from 18 Company shareholders for a total of $17,846.50

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5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Mag Magna Corp filing history →

Source: SEC EDGAR

accession 0001949864-25-000016

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