Starbox Group Enters Software Purchase Agreement
Ticker: STBXF · Form: 6-K · Filed: Jun 14, 2024 · CIK: 1914818
| Field | Detail |
|---|---|
| Company | Starbox Group Holdings Ltd. (STBXF) |
| Form Type | 6-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.20, $5,800,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: software-agreement, business-development
TL;DR
Starbox Group inks software deal with Bardi Equity Limited.
AI Summary
On June 14, 2024, Starbox Group Holdings Ltd. announced it entered into a software purchase agreement with Bardi Equity Limited. The agreement involves its indirect wholly owned subsidiary, Irace Technology Limited, as the purchaser.
Why It Matters
This agreement signifies a potential expansion or integration of software capabilities for Starbox Group, which could impact its operational efficiency and service offerings.
Risk Assessment
Risk Level: low — The filing is an announcement of a standard business agreement and does not contain immediate financial risks.
Key Players & Entities
- Starbox Group Holdings Ltd. (company) — Issuer and parent company
- Bardi Equity Limited (company) — Counterparty to the agreement
- Irace Technology Limited (company) — Purchaser subsidiary
- June 14, 2024 (date) — Date of agreement
FAQ
What is the nature of the software being purchased?
The filing does not specify the nature of the software being purchased.
What is the financial value of the software purchase agreement?
The filing does not disclose the financial terms or value of the software purchase agreement.
What is the jurisdiction of Starbox Group Holdings Ltd.?
Starbox Group Holdings Ltd. is a Cayman Islands company.
What is the role of Irace Technology Limited in this agreement?
Irace Technology Limited is the purchaser in the software purchase agreement.
When was the software purchase agreement entered into?
The software purchase agreement was entered into on June 14, 2024.
Filing Stats: 618 words · 2 min read · ~2 pages · Grade level 15.2 · Accepted 2024-06-14 17:10:15
Key Financial Figures
- $0.20 — 0 ordinary shares (per share price of US$0.20) of the Company with an aggregate value
- $5,800,000 — he Company with an aggregate value of US$5,800,000 (the “Consideration Shares”
Filing Documents
- form6-k.htm (6-K) — 24KB
- ex10-1.htm (EX-10.1) — 244KB
- ex10-2.htm (EX-10.2) — 130KB
- ex10-3.htm (EX-10.3) — 29KB
- ex10-1_001.jpg (GRAPHIC) — 1KB
- ex10-2_001.jpg (GRAPHIC) — 1KB
- 0001493152-24-023923.txt ( ) — 430KB
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, thereunto duly authorized. Starbox Group Holdings Ltd. Date: June 14, 2024 By: /s/ Lee Choon Wooi Name: Lee Choon Wooi Title: Chief Executive Officer