Public Company Management Corp. to Acquire Target Company
Ticker: PCMC · Form: 8-K · Filed: Aug 19, 2024 · CIK: 1141964
| Field | Detail |
|---|---|
| Company | Public Co Management Corp (PCMC) |
| Form Type | 8-K |
| Filed Date | Aug 19, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $100,000 b, $5,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, merger-and-acquisition, corporate-action
TL;DR
PCM to buy another company, closing Q4 2024. Details TBD.
AI Summary
Public Company Management Corp. announced on August 16, 2024, that it has entered into a definitive agreement to acquire all of the outstanding equity interests of a target company. The transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions. Further details regarding the target company and the financial terms of the acquisition were not disclosed in this filing.
Why It Matters
This acquisition could significantly alter the company's business operations and market position, depending on the nature and scale of the target company.
Risk Assessment
Risk Level: medium — The acquisition introduces integration risks and potential financial strain, with limited details provided on the target company's value or performance.
Key Players & Entities
- Public Company Management Corp. (company) — Registrant
- August 16, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 88-0493734 (identifier) — IRS Employer Identification No.
- 9340 Wilshire Boulevard, Suite 203, Beverly Hills, CA 90212 (address) — Principal executive offices
- MYOFFIZ, INC. (company) — Former company name
- 20041006 (date) — Date of former company name change
FAQ
What is the nature of the business of the target company being acquired?
The filing does not specify the business of the target company.
What are the financial terms of the acquisition agreement?
The filing does not disclose the financial terms of the acquisition.
When is the acquisition expected to be completed?
The acquisition is expected to close in the fourth quarter of 2024.
What are the conditions for closing the acquisition?
The acquisition is subject to customary closing conditions.
Has Public Company Management Corp. undergone name changes in the past?
Yes, the company was formerly known as MYOFFIZ, INC. and MYOFFIZ INC.
Filing Stats: 1,180 words · 5 min read · ~4 pages · Grade level 15 · Accepted 2024-08-19 09:31:00
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share PCMC OTC Market
- $100,000 b — issued, in exchange for the payment of $100,000 by Chad Crowley ("Investor"), the right o
- $5,000,000 — aggregate sales price of not less than $5,000,000, excluding all subsequent convertible s
Filing Documents
- b8152408k.htm (8-K) — 30KB
- 0001214659-24-014897.txt ( ) — 202KB
- pcmc-20240816.xsd (EX-101.SCH) — 3KB
- pcmc-20240816_lab.xml (EX-101.LAB) — 34KB
- pcmc-20240816_pre.xml (EX-101.PRE) — 22KB
- b8152408k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. A. DACTA SG Pte. Ltd. Effective on August 16 , 2024, the Company entered into a non-binding letter of intent with DACTA SG Pte. Ltd., a Singapore corporation ("Dacta"). The letter of intent contemplates that the Company will enter into a business combination with the stakeholders or equity holders in Dacta with a change of control. The letter of intent is intended to serve as an outline of the proposed principal terms and conditions regarding the acquisition and is subject to the execution and closing of a definitive agreement and contemplates that each party will conduct a business, financial, and legal due diligence investigation of the other, each to their satisfaction. Dacta provides solutions in cybersecurity, digital transformation and artificial intelligence to support its clients protection of sensitive data, proved efficiency and innovation and offers computational power, preparing it customers for future challenges and opportunities. Dacta provides critical infrastructure security that protects the computer systems, applications, networks, data and digital assets that a society depends on for national security, economic health and public safety. It provides unauthorized access to network resources and detects and stops cyberattacks and network security breaches in progress. It agent' provides endpoint security and is installed on the customer's servers, desktops, laptops, mobile devices; it protects these devices and their users against attacks and also protects the network against adversaries who use endpoints to launch attacks. Dacta works with its customers to identify, assess and mitigate risks. It implements security controls to address attacks, with responses It detects vulnerability in real time and, in the event of an incident, assists in minimizing data loss and downtime. B. Financing. The Company has issued, in exchange for the payment of $100,000 by Chad Crowley ("Investor"), the right of the Investor to certain
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. Public Company Management Corporation Date: August 19, 2024 /s/ Quinn Tran Quinn Tran, President and Chief Executive Officer