Kuber Resources Corp. Enters Material Definitive Agreement
Ticker: KUBR · Form: 8-K · Filed: Nov 8, 2024 · CIK: 1081834
| Field | Detail |
|---|---|
| Company | Kuber Resources Corp (KUBR) |
| Form Type | 8-K |
| Filed Date | Nov 8, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $100.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
TL;DR
Kuber Resources Corp. signed a big deal on Nov 4th. Details to follow.
AI Summary
Kuber Resources Corp. entered into a material definitive agreement on November 4, 2024. The company, formerly known as UONLIVE CORP, CHINA WORLD TRADE CORP, and TXON INTERNATIONAL DEVELOPMENT CORP, is incorporated in Nevada and has its principal executive offices in Admiralty, Hong Kong.
Why It Matters
This filing indicates a significant new contract or partnership for Kuber Resources Corp., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, but the specifics of the agreement and its potential impact are not yet detailed, introducing uncertainty.
Key Players & Entities
- Kuber Resources Corp (company) — Registrant
- UONLIVE CORP (company) — Former Company Name
- CHINA WORLD TRADE CORP (company) — Former Company Name
- TXON INTERNATIONAL DEVELOPMENT CORP (company) — Former Company Name
- November 4, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Kuber Resources Corp.?
The filing states that Kuber Resources Corp. entered into a material definitive agreement on November 4, 2024, but does not provide specific details about the agreement itself.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on November 4, 2024.
What are the former names of Kuber Resources Corp.?
Kuber Resources Corp. was formerly known as UONLIVE CORP, CHINA WORLD TRADE CORP, and TXON INTERNATIONAL DEVELOPMENT CORP.
In which state is Kuber Resources Corp. incorporated?
Kuber Resources Corp. is incorporated in Nevada.
Where are Kuber Resources Corp.'s principal executive offices located?
Kuber Resources Corp.'s principal executive offices are located at 1113 Lippo Centre Tower 2, 89 Queensway, Admiralty, K3.
Filing Stats: 510 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-11-08 17:00:46
Key Financial Figures
- $100.00 — d to Chuang Fu in 2018, in exchange for $100.00 USD. The cancellation of the Series B P
Filing Documents
- y1182408k.htm (8-K) — 22KB
- ex10_1.htm (EX-10.1) — 13KB
- 0001214659-24-018631.txt ( ) — 204KB
- kubr-20241104.xsd (EX-101.SCH) — 3KB
- kubr-20241104_lab.xml (EX-101.LAB) — 33KB
- kubr-20241104_pre.xml (EX-101.PRE) — 22KB
- y1182408k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive
Item 1.01 Entry into a Material Definitive Agreement. On November 4, 2024, Kuber Resources Corporation (the "Company") entered into a Stock Cancellation Agreement with Chuang Fu Qu Kuai Lian Technology (Shenzhen) Limited ("Chuang Fu"), for the cancellation of 150,000 shares of Series B Preferred Stock, $.001 par value per share (the "Series B Preferred Stock") which were issued to Chuang Fu in 2018, in exchange for $100.00 USD. The cancellation of the Series B Preferred Stock will enable the Company to have a more desirable capital stock structure. Upon the cancellation of the Series B Preferred Stock the Company will have zero shares of Series B Preferred Stock issued and outstanding. A copy of the Stock Cancellation Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K, and the descriptions of the material terms of the Stock Cancellation Agreement in this Item 1.01 are qualified in their entirety by reference to such Exhibit, which is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 10.1 Stock Cancellation Agreement, dated November 4, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. November 8, 2024 Kuber Resources Corporation /s/ Raymond Fu By: Raymond Fu Title: Chief Executive Officer -2-