QDM International Inc. Changes Fiscal Year End
Ticker: QDMI · Form: 8-K · Filed: Apr 10, 2024 · CIK: 1094032
| Field | Detail |
|---|---|
| Company | Qdm International Inc. (QDMI) |
| Form Type | 8-K |
| Filed Date | Apr 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: fiscal-year-change, financial-reporting
Related Tickers: QDM
TL;DR
QDM Intl (QDM) changed its fiscal year end to March 31, filed financials.
AI Summary
QDM International Inc. filed an 8-K on April 10, 2024, reporting a change in its fiscal year end to March 31. The company, formerly known as 24/7 Kid Doc, Inc., also provided financial statements and exhibits as of April 5, 2024.
Why It Matters
A change in fiscal year end can impact reporting schedules and financial analysis for investors.
Risk Assessment
Risk Level: low — This filing primarily concerns administrative changes and financial reporting, with no immediate indication of significant operational or financial distress.
Key Players & Entities
- QDM International Inc. (company) — Registrant
- 24/7 Kid Doc, Inc. (company) — Former company name
- April 5, 2024 (date) — Earliest event reported
- April 10, 2024 (date) — Filing date
- March 31 (date) — New fiscal year end
FAQ
What is the new fiscal year end for QDM International Inc.?
The new fiscal year end for QDM International Inc. is March 31.
When was this 8-K filing submitted?
This 8-K filing was submitted on April 10, 2024.
What was QDM International Inc. formerly known as?
QDM International Inc. was formerly known as 24/7 Kid Doc, Inc.
What is the state of incorporation for QDM International Inc.?
QDM International Inc. is incorporated in Florida.
What is the SIC code for QDM International Inc.?
The Standard Industrial Classification (SIC) code for QDM International Inc. is 6411, which corresponds to INSURANCE AGENTS BROKERS & SERVICES.
Filing Stats: 678 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-04-10 16:15:16
Key Financial Figures
- $0.0001 — rized shares of common stock, par value $0.0001 per share, from 200,000,000 shares to 7
Filing Documents
- ea0203509-8k_qdminter.htm (8-K) — 28KB
- ea020350901ex3-1_qdminter.htm (EX-3.1) — 10KB
- 0001213900-24-031878.txt ( ) — 208KB
- qdmid-20240405.xsd (EX-101.SCH) — 3KB
- qdmid-20240405_lab.xml (EX-101.LAB) — 33KB
- qdmid-20240405_pre.xml (EX-101.PRE) — 22KB
- ea0203509-8k_qdminter_htm.xml (XML) — 4KB
03 Amendment to Articles of
Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year On March 28, 2024, QDM International Inc. (the "Company") filed an Articles of Amendment to Articles of Incorporation of the Company (the "Amendment") with the Florida Department of State to (i) increase its authorized shares of common stock, par value $0.0001 per share, from 200,000,000 shares to 700,000,000 shares and its authorized shares of preferred stock, par value $0.0001 per share, from 5,000,000 shares to 30,000,000 shares; and (ii) effect a forward split of its issued and outstanding shares of common stock at a ratio of 10-for-1 (the "Forward Stock Split"), which became effective as of April 5, 2024. The foregoing amendments were approved by the Company's board of directors and shareholders holding approximately 60.9% of the voting power of the Company. As a result of the Forward Stock Split, each issued and outstanding share of the Company's common stock prior to the effective time of the Forward Stock Spilt are split into ten shares of common stock and the total number of issued and outstanding shares of common stock increases from 29,156,393 shares to 291,563,930 shares. The Forward Stock Split has no impact on the Company's issued and outstanding shares of preferred stock other than that the conversion rate and voting rights of our Series C Convertible Preferred Stock will be proportionately adjusted. On April 4, 2024, the Forward Stock Split was approved and announced by the Financial Industry Regulatory Authority with an effective date on April 5, 2024 at 9:00 a.m. The Company's trading symbol will remain "QDMI". The new CUSIP number for the Company's common stock following the Forward Stock Split is 74738H304. The description of the Amendment herein is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached to this Current Report on Form 8-k as Exhibit 3.1 and incorporated herein by reference. 1
01 Financial Statement and
Item 9.01 Financial Statement and Exhibits. Exhibit No. Description 3.1 Articles of Amendment to Articles of Incorporation of QDM International, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. Dated: April 10, 2024 QDM INTERNATIONAL INC. By: /s/ Huihe Zheng Name: Huihe Zheng Title: Chief Executive Officer 3