Visionary Holdings Inc. Enters Material Definitive Agreement
Ticker: GV · Form: 6-K · Filed: Jan 31, 2025 · CIK: 1892274
| Field | Detail |
|---|---|
| Company | Visionary Holdings Inc. (GV) |
| Form Type | 6-K |
| Filed Date | Jan 31, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.5 million, $1 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-actions, filing-update
TL;DR
Visionary Holdings Inc. signed a big deal on Dec 30, 2024. Details to follow.
AI Summary
Visionary Holdings Inc. entered into a material definitive agreement on December 30, 2024. The company, previously known as Visionary Education Technology Holdings Group Inc., is incorporated in Canada and operates in the educational services sector. Its principal executive offices are located in Toronto, Ontario.
Why It Matters
This filing indicates a significant contractual development for Visionary Holdings Inc., which could impact its business operations and future financial performance.
Risk Assessment
Risk Level: medium — The filing mentions a material definitive agreement, but the specifics of the agreement are not detailed, leaving potential risks unknown.
Key Players & Entities
- Visionary Holdings Inc. (company) — Registrant
- December 30, 2024 (date) — Date of material definitive agreement
- Visionary Education Technology Holdings Group Inc. (company) — Former company name
- Toronto, Ontario, Canada (location) — Principal executive offices
FAQ
What type of material definitive agreement did Visionary Holdings Inc. enter into?
The filing states that Visionary Holdings Inc. entered into a material definitive agreement on December 30, 2024, but does not specify the nature of the agreement.
When was Visionary Holdings Inc. previously known as Visionary Education Technology Holdings Group Inc.?
Visionary Holdings Inc. was formerly known as Visionary Education Technology Holdings Group Inc. prior to a name change on February 8, 2024.
Where are Visionary Holdings Inc.'s principal executive offices located?
The principal executive offices of Visionary Holdings Inc. are located at 105 Moatfield Dr. Unit 1003, Toronto, Ontario, Canada M3B OA2.
What is the fiscal year end for Visionary Holdings Inc.?
The fiscal year end for Visionary Holdings Inc. is March 31.
Does Visionary Holdings Inc. file annual reports under Form 20-F or 40-F?
Visionary Holdings Inc. files annual reports under Form 20-F.
Filing Stats: 473 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2025-01-31 17:24:11
Key Financial Figures
- $1.5 million — UBX Agreement, the Company will invest $1.5 million in exchange for a 51% equity interest i
- $1 million — nsea Agreement, the Company will invest $1 million in exchange for a 51% equity interests
Filing Documents
- visionary_6k.htm (6-K) — 15KB
- visionary_ex0401.htm (EX-4.1) — 29KB
- visionary_ex0402.htm (EX-4.2) — 40KB
- 0001683168-25-000632.txt ( ) — 86KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No Description 4.1 English Translation of Cooperation Agreement with UBX Technology Inc. dated December 30, 2024 4.2 English Translation of Cooperation Agreement with Gensea International Co. Limited dated December 30, 2024 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. By: /s/ Xiyong Hou January 31, 2025 Name: Title: Xiyong Hou Chief Executive Officer 3