Fortune Valley Treasures Completes Acquisition

TL;DR

Fortune Valley Treasures just closed a deal, filing an 8-K with acquisition details and financials.

AI Summary

On January 13, 2025, Fortune Valley Treasures, Inc. reported the completion of an acquisition. The company also entered into a material definitive agreement related to this transaction. Financial statements and exhibits pertaining to the acquisition are included in the filing.

Why It Matters

This filing indicates a significant strategic move for Fortune Valley Treasures, Inc. through the completion of an acquisition, which could impact its future business operations and market position.

Risk Assessment

Risk Level: medium — Acquisitions inherently carry risks related to integration, valuation, and market reception, which could impact the company's performance.

Key Players & Entities

• Fortune Valley Treasures, Inc. (company) — Registrant
• January 13, 2025 (date) — Date of Report
• December 19, 2024 (date) — Earliest Event Reported
• CRYPTO-SERVICES, INC. (company) — Former Company Name

FAQ

Key Financial Figures

• $250,000 — ing SPA for 100% ownership of DaXing is $250,000, payable by Purchaser by delivery of a

Filing Documents

• form8-k.htm (8-K) — 38KB
• ex10-1.htm (EX-10.1) — 104KB
• ex10-2.htm (EX-10.2) — 41KB
• 0001493152-25-001850.txt ( ) — 379KB
• fvti-20250113.xsd (EX-101.SCH) — 3KB
• fvti-20250113_lab.xml (EX-101.LAB) — 33KB
• fvti-20250113_pre.xml (EX-101.PRE) — 24KB
• form8-k_htm.xml (XML) — 3KB

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, hereunto duly authorized. Dated: January 13, 2025. FORTUNE VALLEY TREASURES, INC. By: /s/ Yuwen Li Name: Yuwen Li Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR