BGM Group Ltd. Enters Transaction Agreement
Ticker: BGM · Form: 6-K · Filed: Nov 29, 2024 · CIK: 1779578
Sentiment: neutral
Topics: corporate-event, name-change, transaction-agreement
TL;DR
BGM Group Ltd. signed a deal on Nov 27, 2024. Formerly Qilian International.
AI Summary
On November 27, 2024, BGM Group Ltd. entered into a transaction agreement. The company, formerly known as Qilian International Holding Group Ltd., is based in Chengdu, People's Republic of China, and operates in the pharmaceutical preparations sector.
Why It Matters
This filing indicates a significant corporate event for BGM Group Ltd., potentially impacting its future business operations and strategic direction.
Risk Assessment
Risk Level: medium — The filing is a routine 6-K report, but the nature of the 'transaction agreement' is not detailed, introducing some uncertainty.
Key Players & Entities
- BGM Group Ltd. (company) — Filer of the report and party to the transaction agreement
- Qilian International Holding Group Ltd (company) — Former name of BGM Group Ltd.
- November 27, 2024 (date) — Date the transaction agreement was entered into
- Chengdu, People's Republic of China (location) — Principal executive office location
FAQ
What is the nature of the transaction agreement entered into by BGM Group Ltd. on November 27, 2024?
The filing does not specify the details of the transaction agreement, only that one was entered into on November 27, 2024.
When did BGM Group Ltd. change its name from Qilian International Holding Group Ltd?
The company changed its name from Qilian International Holding Group Ltd. on October 21, 2024.
Where is BGM Group Ltd. located?
BGM Group Ltd.'s principal executive office is located at No. 152 Hongliang East 1st Street, No. 1703, Tianfu New District, Chengdu, 610200, People's Republic of China.
What is BGM Group Ltd.'s Standard Industrial Classification code?
BGM Group Ltd.'s Standard Industrial Classification code is 2834, which corresponds to Pharmaceutical Preparations.
What type of report is this filing?
This filing is a Form 6-K, which is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Filing Stats: 971 words · 4 min read · ~3 pages · Grade level 12.8 · Accepted 2024-11-29 09:00:45
Key Financial Figures
- $0.00833335 — A ordinary shares with a par value of US$0.00833335 per share of the Company (the “ C
- $2.0 — ares ”), at a purchase price of US$2.0 per share of the Consideration Shares.
Filing Documents
- tm2429674d1_6k.htm (6-K) — 18KB
- tm2429674d1_ex99-1.htm (EX-99.1) — 257KB
- 0001104659-24-123920.txt ( ) — 276KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: November 29, 2024 BGM Group Ltd By: /s/ Chen Xin Name: Chen Xin Title: Chief Executive Officer