LAMY Reports Changes in Control and Officer/Director Moves
Ticker: LMMY · Form: 8-K · Filed: Dec 17, 2024 · CIK: 1939937
Sentiment: neutral
Topics: corporate-governance, management-change, control-change
TL;DR
LAMY's 8-K shows leadership shakeups and potential control changes.
AI Summary
LAMY, incorporated in Wyoming, filed an 8-K on December 17, 2024, reporting events as of December 6, 2024. The filing indicates changes in control of the registrant and discusses the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with compensatory arrangements for these officers. The company's principal executive offices are located at 201 Allen Street Unit 10104, New York, New York 10002.
Why It Matters
This filing signals significant corporate governance changes at LAMY, potentially impacting its strategic direction and leadership.
Risk Assessment
Risk Level: medium — Changes in control and executive departures often introduce uncertainty and potential strategic shifts.
Key Players & Entities
- LAMY (company) — Registrant
- Wyoming (jurisdiction) — State of incorporation
- 201 Allen Street Unit 10104, New York, New York 10002 (address) — Principal executive offices
FAQ
What specific event triggered the 'Changes in Control of Registrant' disclosure?
The filing does not specify the exact event but lists 'Changes in Control of Registrant' as an item of information.
Who are the directors or officers departing from LAMY?
The filing mentions the 'Departure of Directors or Certain Officers' but does not name the individuals involved.
Are there any newly elected directors or appointed officers at LAMY?
Yes, the filing indicates the 'Election of Directors' and 'Appointment of Certain Officers'.
What is the nature of the 'Compensatory Arrangements of Certain Officers' mentioned?
The filing states that information regarding 'Compensatory Arrangements of Certain Officers' will be provided, but details are not included in this excerpt.
When did the reported events, such as changes in control and director/officer changes, officially take place?
The earliest event reported is dated December 6, 2024, with the report filed as of December 17, 2024.
Filing Stats: 644 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-12-17 06:01:12
Key Financial Figures
- $335,910 — Mr. Shengwu for the Acquired Shares was $335,910 in cash, $318,410 to Mr. Witmer and $17
- $318,410 — e Acquired Shares was $335,910 in cash, $318,410 to Mr. Witmer and $17,500 to Mr. Townse
- $17,500 — 910 in cash, $318,410 to Mr. Witmer and $17,500 to Mr. Townsend. In conjunction with t
Filing Documents
- lamy_8k.htm (8-K) — 27KB
- 0001683168-24-008767.txt ( ) — 193KB
- none-20241206.xsd (EX-101.SCH) — 3KB
- none-20241206_lab.xml (EX-101.LAB) — 33KB
- none-20241206_pre.xml (EX-101.PRE) — 24KB
- lamy_8k_htm.xml (XML) — 3KB
01 Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant. Effective December 6, 2024, there occurred a change in control of LAMY, a Wyoming corporation (the "Company" ). On such date, pursuant to two separate stock purchase agreements (the "Change-in-Control Agreements" ), Zhang Shengwu acquired a total of 5,250,000 shares of the Company's common stock (the "Acquired Shares" ), 5,000,000 of the Acquired Shares from Dwight Witmer and 250,000 of the Acquired Shares from Stephen Townsend. The Acquired Shares represent approximately 64.29% of the outstanding shares of the Company's common stock and constitute voting control of the Company. The total consideration paid by Mr. Shengwu for the Acquired Shares was $335,910 in cash, $318,410 to Mr. Witmer and $17,500 to Mr. Townsend. In conjunction with the Change-in-Control Agreements, on December 6, 2024, Dwight Witmer resigned as a Director, CEO, CFO and Secretary of the Company, Stephen Townsend resigned as a Director and COO of the Company and Zhang Shengwu was appointed as the Sole Director, President, Chief Executive Officer and Secretary of the Company. Certain information regarding the background of Mr. Shengwu is set forth below. Zhang Shengwu, 32, has, since February 2020, served as CEO of Shanghai Jiuye Technology Group Co., Ltd., a China-based technology company. From February 2014 through February 2020, Mr. Zhang served as Director of Operations for Dalian Damao Surveying and Mapping Service Co., Ltd., a China-based surveying and mapping company. Until such time as the Company's level of operations increases, Mr. Zhang will devote not less than 20 hours per week on the business of the Company.
02. Departure of Directors or Certain
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The disclosure set forth above under Item 5.01. Changes in Control of Registrant is incorporated in this Item 5.02. 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 hereunto duly authorized. LAMY Date: December 17, 2024 By: /s/ Zhang Shengwu Zhang Shengwu Chief Executive Officer 3