Intelligent Living Appoints 2M Preferred Shares
Ticker: ILAG · Form: 6-K · Filed: Feb 11, 2025 · CIK: 1814963
Sentiment: neutral
Topics: preferred-shares, corporate-action, disclosure
TL;DR
Intelligent Living Appoints 2M Preferred Shares on Feb 6, 2025.
AI Summary
Intelligent Living Application Group Inc. announced on February 6, 2025, that its Board of Directors designated 2,000,000 Preferred Shares. The company is a Cayman Islands exempted company and filed this report on Form 6-K.
Why It Matters
The designation of preferred shares can impact the company's capital structure and future financing options.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of share designation and does not indicate immediate financial distress or significant operational changes.
Key Numbers
- 2,000,000 — Preferred Shares Designated (This represents a portion of the company's authorized share capital being set aside for specific purposes.)
Key Players & Entities
- Intelligent Living Application Group Inc. (company) — Filer of the report
- 2,000,000 (dollar_amount) — Number of Preferred Shares designated
- February 6, 2025 (date) — Date of Board of Directors' designation
FAQ
What is the purpose of designating these 2,000,000 Preferred Shares?
The filing does not specify the exact purpose for the designation of these 2,000,000 Preferred Shares, only that the Board of Directors made the designation.
When did the Board of Directors make this designation?
The Board of Directors designated the 2,000,000 Preferred Shares on February 6, 2025.
What type of company is Intelligent Living Application Group Inc.?
Intelligent Living Application Group Inc. is a Cayman Islands exempted company.
What form was this filing submitted under?
This filing was submitted under Form 6-K.
What is the SIC code for Intelligent Living Application Group Inc.?
The Standard Industrial Classification (SIC) code for Intelligent Living Application Group Inc. is 2540, which pertains to Partitions, Shelving, Lockers & Office and Store Fixtures.
Filing Stats: 748 words · 3 min read · ~2 pages · Grade level 18.4 · Accepted 2025-02-11 16:30:15
Key Financial Figures
- $0.0001 — rred shares of the Company, par value US$0.0001 each (“ Series A Preferred Shares
Filing Documents
- form6-k.htm (6-K) — 21KB
- 0001493152-25-005918.txt ( ) — 22KB
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. Intelligent Living Application Group Inc. Date: February 11, 2025 By: /s/ Bong Lau Name: Bong Lau Title: Chief Executive Officer