Starbox Group Completes Share Issuance and Software Acquisition
Ticker: STBXF · Form: 6-K · Filed: Feb 7, 2025 · CIK: 1914818
| Field | Detail |
|---|---|
| Company | Starbox Group Holdings Ltd. (STBXF) |
| Form Type | 6-K |
| Filed Date | Feb 7, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.55, $15,500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, share-issuance, corporate-action
TL;DR
Starbox Group Holdings Ltd. just did a share issuance and bought some software on Feb 7, 2025.
AI Summary
On February 7, 2025, Starbox Group Holdings Ltd. completed a share issuance and acquired software pursuant to a Software Purchase Agreement dated January 23, 2025. The company is incorporated in the Cayman Islands and its principal executive office is located in Kuala Lumpur, Malaysia.
Why It Matters
This filing indicates corporate actions by Starbox Group Holdings Ltd., including a share issuance and a software acquisition, which could impact its business operations and financial structure.
Risk Assessment
Risk Level: low — This is a routine 6-K filing reporting on completed corporate actions, not a material event with immediate financial implications.
Key Players & Entities
- Starbox Group Holdings Ltd. (company) — Filer of the report
- February 7, 2025 (date) — Date of share issuance and acquisition closing
- January 23, 2025 (date) — Date of the Software Purchase Agreement
- Irace Technology Limited (company) — Indirect wholly-owned subsidiary involved in the acquisition
FAQ
What was the nature of the share issuance completed by Starbox Group Holdings Ltd. on February 7, 2025?
The filing states that Starbox Group Holdings Ltd. completed a share issuance on February 7, 2025, but does not provide specific details on the number of shares or the price.
What software was acquired by Starbox Group Holdings Ltd. and through which subsidiary?
Starbox Group Holdings Ltd. acquired 'the Software' through its indirect wholly-owned subsidiary, Irace Technology Limited, pursuant to a Software Purchase Agreement dated January 23, 2025.
What is the principal executive office address of Starbox Group Holdings Ltd.?
The principal executive office of Starbox Group Holdings Ltd. is located at VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100 Kuala Lumpur, Malaysia.
Under which SEC form does Starbox Group Holdings Ltd. typically file its annual reports?
Starbox Group Holdings Ltd. indicates it files annual reports under cover of Form 20-F.
What is the SIC code for Starbox Group Holdings Ltd.?
The Standard Industrial Classification (SIC) code for Starbox Group Holdings Ltd. is 7310, which falls under SERVICES-ADVERTISING.
Filing Stats: 562 words · 2 min read · ~2 pages · Grade level 13.6 · Accepted 2025-02-07 16:05:18
Key Financial Figures
- $1.55 — A ordinary shares (per share price of US$1.55), with an aggregate value of US$15,500,
- $15,500,000 — US$1.55), with an aggregate value of US$15,500,000 as consideration for all of the rights,
Filing Documents
- form6-k.htm (6-K) — 16KB
- 0001493152-25-005384.txt ( ) — 18KB
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: February 7, 2025 By: /s/ Lee Choon Wooi Name: Lee Choon Wooi Title: Chief Executive Officer