Pacific Sports Exchange Inc. Reports Executive and Control Changes
Ticker: PSPX · Form: 8-K · Filed: Sep 27, 2024 · CIK: 1765651
| Field | Detail |
|---|---|
| Company | Pacific Sports Exchange Inc. (PSPX) |
| Form Type | 8-K |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance, control-change
TL;DR
Pacific Sports Exchange Inc. is changing its board and officers, signaling a potential new direction.
AI Summary
On September 23, 2024, Pacific Sports Exchange Inc. announced changes in its control and executive team. The company reported a departure of directors and officers, along with the election of new directors and appointment of certain officers. Specific details regarding the nature of the control change and the individuals involved were not fully elaborated in the provided text, but the filing indicates significant shifts in corporate governance.
Why It Matters
This filing signals a potential shift in the company's strategic direction and leadership, which could impact its future operations and stock performance.
Risk Assessment
Risk Level: medium — Changes in control and executive departures can introduce uncertainty and potential instability for a company.
Key Numbers
- 000-56466 — SEC File Number (Identifies the company's filing history with the SEC.)
- 83-1189007 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Pacific Sports Exchange Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- September 23, 2024 (date) — Date of earliest event reported
- 3055 NW Yeon Ave, #236 Portland, OR 97210 (address) — Principal Executive Offices
FAQ
What specific event triggered the 'Changes in Control of Registrant' disclosure?
The filing does not specify the exact event that triggered the change in control, only that it occurred around September 23, 2024.
Who are the new directors and officers appointed by Pacific Sports Exchange Inc.?
The filing indicates the election of directors and appointment of officers but does not name the individuals involved.
What is the primary business of Pacific Sports Exchange Inc.?
Pacific Sports Exchange Inc. is classified under RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940].
When was the report filed with the SEC?
The report was filed on September 27, 2024.
What is the company's principal executive office address?
The principal executive offices are located at 3055 NW Yeon Ave, #236, Portland, OR 97210.
Filing Stats: 641 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-09-27 17:26:14
Filing Documents
- pse_8k.htm (8-K) — 21KB
- 0001640334-24-001466.txt ( ) — 136KB
- pse-20240923.xsd (EX-101.SCH) — 6KB
- pse-20240923_lab.xml (EX-101.LAB) — 13KB
- pse-20240923_cal.xml (EX-101.CAL) — 1KB
- pse-20240923_pre.xml (EX-101.PRE) — 8KB
- pse-20240923_def.xml (EX-101.DEF) — 2KB
- pse_8k_htm.xml (XML) — 4KB
01 Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant. Effective September 23, 2024, Timothy Conte and Jennifer Whitesides, the previous officers and directors and majority shareholders of Pacific Sports Exchange Inc., a Delaware corporation (the "Company"), entered into a stock purchase agreements for the sale of an aggregate of 10,000,000 shares of Common Stock of the Company, representing approximately 70% of the issued and outstanding shares of Common Stock of the Company as of such date, to Alpine Elite Holdings Ltd., and as such it is able to unilaterally control the election of our board of directors, all matters upon which shareholder approval is required and, ultimately, the direction of our Company. Also on September 6, 2024 Mr. Conte and Ms. Whitesides resigned from all executive officer positions with the Company, including Chief Executive Officer and President, and as members of the Board, and Huang Hua Shang was appointed as Chief Executive Officer, Chief Financial Officer, Secretary and sole Director.
02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. The disclosures set forth in Item 5.01 above are incorporated by reference into this Item 5.02(a). The business background descriptions of the newly appointed officer and director is as follows: Huang Hua Shang - Chief Executive Officer and Director Mr Huang, born in 1982, attended Guangxi Yongbu Gulf University, graduated with Bachelor degree in Logistics Management. Mr Huang has been working at Baiyewang Logistics Co., Ltd since 2015 and was performing the role of an Accounts Executive from 2015 to 2018. From 2018 to February 2024, Mr Huang was the Operations Director at the company. Since February, Mr Huang has been pursuing personal interests until being appointed as CEO of Pacific Sports Exchange.
01 Other Events
Item 8.01 Other Events . Change in Address of Company Effective September 6, 2024, the Company's location and the location of the Company's books and records has changed from 2149 Rio De Janeiro Ave., Punta Gorda, FL 33983, to 3055 NW Yeon Ave, #236, Portland, OR 97210. 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. Pacific Sports Exchange Inc . Date: September 27, 2024 By: /s/ Huang Hua Shang Name: Huang Hua Shang Title: CEO 3