{"schema_version":"secwatch.filing_event.v1","accession":"0001949864-25-000016","form_type":"8-K","ticker":"MGNC","cik":"0001949864","company_name":"Mag Magna Corp","filed_at":"2025-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.549339+00:00","generated_at":"2026-05-19T09:18:07.256963+00:00","sec_items":["5.01","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Wang Gang acquires 79.65% control of Mag Magna Corp.; appointed CEO and sole director","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001949864-25-000016","json":"https://secwatch.observer/filing/0001949864-25-000016.json","markdown":"https://secwatch.observer/filing/0001949864-25-000016.md","text":"https://secwatch.observer/filing/0001949864-25-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1949864/000194986425000016/0001949864-25-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1949864/000194986425000016/report_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T09:18:07.256963+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ec3068eb95898db8041b1338ee40aad8ab34089","claim":"Mag Magna Corp underwent a change of control involving Wang Gang for $564,380.50 in cash (closed 2025-06-04).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1949864/000194986425000016/0001949864-25-000016-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Wang Gang"},{"label":"Consideration","value":"$564,380.50 in cash"},{"label":"Closing","value":"2025-06-04"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}