Global Asset Management Completes Acquisition
Ticker: GAMG · Form: 8-K · Filed: Sep 30, 2025 · CIK: 55234
Sentiment: neutral
Topics: acquisition, corporate-action
TL;DR
GAM just bought something, details TBD.
AI Summary
Global Asset Management Group, Inc. announced the completion of an acquisition on September 29, 2025. The filing does not specify the target of the acquisition or any financial details related to the transaction.
Why It Matters
This filing indicates a significant corporate action, the completion of an acquisition, which could impact the company's future growth and market position.
Risk Assessment
Risk Level: medium — The acquisition is a significant event, but the lack of specific details about the target and financial terms introduces uncertainty.
Key Players & Entities
- Global Asset Management Group, Inc. (company) — Filer
- September 29, 2025 (date) — Date of earliest event reported
- 0000055234 (company) — Central Index Key
FAQ
What was acquired by Global Asset Management Group, Inc.?
The filing states that an acquisition was completed, but does not specify the name of the acquired entity.
What is the date of the acquisition completion?
The earliest event reported, the completion of the acquisition, occurred on September 29, 2025.
What is the Central Index Key for Global Asset Management Group, Inc.?
The Central Index Key for Global Asset Management Group, Inc. is 0000055234.
Where is Global Asset Management Group, Inc. incorporated?
Global Asset Management Group, Inc. is incorporated in Wyoming.
What is the business address of Global Asset Management Group, Inc.?
The business address is 1505 Monroe Street, Suite 1505, Rockville, MD 20852.
Filing Stats: 1,597 words · 6 min read · ~5 pages · Grade level 12.5 · Accepted 2025-09-30 16:19:01
Key Financial Figures
- $6,700,000 — s". It was acquired in August, 2025 for $6,700,000, and is currently being renovated for a
- $12,910,000 — e upon completion has been appraised at $12,910,000. (1) 5320 8 TH Street N.W. This pro
- $10,000,000 — nits. It was acquired in July, 2023 for $10,000,000. The Units were built in 1927, and are
- $2,000,000 — renovation at a final projected cost of $2,000,000. Upon completion of the renovations, th
- $19,900,000 — e upon completion has been appraised at $19,900,000. (1) 3628 Georgia Ave. N. W. This p
- $3,000,000 — 2025 for an aggregate purchase price of $3,000,000. (1) These Appraisals have been prepa
Filing Documents
- kens_8k.htm (8-K) — 34KB
- 0001477932-25-007242.txt ( ) — 140KB
- kens-20250929.xsd (EX-101.SCH) — 5KB
- kens-20250929_lab.xml (EX-101.LAB) — 13KB
- kens-20250929_cal.xml (EX-101.CAL) — 1KB
- kens-20250929_pre.xml (EX-101.PRE) — 8KB
- kens-20250929_def.xml (EX-101.DEF) — 2KB
- kens_8k_htm.xml (XML) — 3KB
01 Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets. ACQUISITION OF DC RENTAL PORTFOLIO CORP. On September 29, 2025, Global Asset Management Group, Inc. completed the acquisition of DC Rental Portfolio Corp. ("DC Rental") pursuant to a Share Exchange Agreement dated February 6, 2025. The Company acquired 100% of the issued and outstanding capital stock of DC Rental in exchange for 250,000,000 shares of its Common Stock issued to the shareholders of DC Rental. The transaction was conducted as a private placement under Rule 4(a)(2) of the Securities Act of 1933 and applicable state Blue Sky laws. The shares issued are subject to standard restrictive legends and stop-transfer instructions. Organized pursuant to the laws of the District of Columbia, DC Rental, through its wholly-owned subsidiaries, owns or is in the process of acquiring various income producing multi-family residential housing units located in the District of Columbia. The Company is currently in negotiations and anticipates that it will acquire two additional multi-family housing properties in the Fourth Quarter of 2025. Mr. John Murray, the President of the Company, has been appointed President of DC Rental Portfolio Corp. The foregoing summary of the Share Exchange Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the full text of the Share Exchange Agreement, which was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on February 7, 2025, and is incorporated herein by reference. ABOUT DC RENTAL PORTFOLIO CORP.: DC Rental Portfolio Corp. was incorporated under the laws of the District of Columbia in July, 2025. Through its three Limited Liability Company subsidiaries, DC Rental is a real estate development company which is focused on providing affordable housing solutions for low to moderate income households, initially in t
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLOBAL ASSET MANAGEMENT GROUP, INC. Dated: September 30, 2025 By: /s/ John Murray Name: JOHN MURRAY Title: President 4