Visionary Holdings Inc. Enters Share Purchase Agreement
Ticker: GV · Form: 6-K · Filed: Jan 10, 2025 · CIK: 1892274
| Field | Detail |
|---|---|
| Company | Visionary Holdings Inc. (GV) |
| Form Type | 6-K |
| Filed Date | Jan 10, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $100, $24 million, $2.376, $1.00, $21,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement, corporate-action, filing
TL;DR
Visionary Holdings Inc. signed a Share Purchase Agreement on Dec 4, 2024.
AI Summary
Visionary Holdings Inc. announced on January 8, 2025, that it entered into a Share Purchase Agreement on December 4, 2024. The company, formerly known as Visionary Education Technology Holdings Group Inc., is incorporated in Canada and its fiscal year ends on March 31.
Why It Matters
This filing indicates a significant corporate action, a Share Purchase Agreement, which could impact the company's structure, ownership, or future business operations.
Risk Assessment
Risk Level: low — The filing is a routine 6-K report and does not contain information that immediately suggests high risk.
Key Players & Entities
- Visionary Holdings Inc. (company) — Registrant
- December 4, 2024 (date) — Date of Share Purchase Agreement
- January 8, 2025 (date) — Date of Report
- Visionary Education Technology Holdings Group Inc. (company) — Former Company Name
- 105 Moatfield Drive, Unit 1003, Toronto, Ontario, Canada M3B 0A2 (location) — Company Address
FAQ
What is the nature of the Share Purchase Agreement?
The filing states that the Company entered into a Share Purchase Agreement on December 4, 2024, but does not provide further details on its nature or terms within the provided text.
When was Visionary Holdings Inc. formerly known as Visionary Education Technology Holdings Group Inc.?
The company changed its name from Visionary Education Technology Holdings Group Inc. on November 4, 2021.
What is the fiscal year end for Visionary Holdings Inc.?
The fiscal year end for Visionary Holdings Inc. is March 31.
What is the SEC file number for Visionary Holdings Inc.?
The SEC file number for Visionary Holdings Inc. is 001-41385.
Where is Visionary Holdings Inc. located?
Visionary Holdings Inc. is located at 105 Moatfield Drive, Unit 1003, Toronto, Ontario, Canada M3B 0A2.
Filing Stats: 699 words · 3 min read · ~2 pages · Grade level 13 · Accepted 2025-01-08 21:11:49
Key Financial Figures
- $100 — nada, for an aggregate consideration of $100. The decline in value of the two proper
- $24 million — resulted in liabilities of more than CA$24 million and operating losses for NeoCanaan This
- $2.376 — 025 (the closing price on such date was $2.376). In exchange, the two shareholders agr
- $1.00 — mon shares of the Company at a price of $1.00 per share for an aggregate consideratio
- $21,000,000 — share for an aggregate consideration of $21,000,000. It is expected that the transaction wi
Filing Documents
- visionary_6k.htm (6-K) — 15KB
- visionary_ex9901.htm (EX-99.1) — 18KB
- visionary_ex9902.htm (EX-99.2) — 9KB
- visionary_ex9903.htm (EX-99.3) — 94KB
- image_001.jpg (GRAPHIC) — 66KB
- image_002.jpg (GRAPHIC) — 117KB
- image_003.jpg (GRAPHIC) — 109KB
- image_004.jpg (GRAPHIC) — 124KB
- image_005.jpg (GRAPHIC) — 65KB
- image_006.jpg (GRAPHIC) — 38KB
- image_017.jpg (GRAPHIC) — 89KB
- image_018.jpg (GRAPHIC) — 96KB
- image_019.jpg (GRAPHIC) — 112KB
- image_020.jpg (GRAPHIC) — 66KB
- 0001683168-25-000167.txt ( ) — 1355KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No Description 99.1 Share Purchase Agreement dated December 4, 2024 99.2 Merger and Listing Agreement dated January 2, 2025 99.3 Form of Securities Purchase Agreement 2
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, thereto duly authorized. VISIONARY HOLDINGS INC. /s/ Xiyong Hou Xiyong Hou Date: January 8, 2025 Chief Executive Officer