Jingbo Technology Reports Material Agreements & Control Changes
Ticker: SVMB · Form: 8-K · Filed: Dec 12, 2024 · CIK: 1647822
| Field | Detail |
|---|---|
| Company | Jingbo Technology, Inc. (SVMB) |
| Form Type | 8-K |
| Filed Date | Dec 12, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $22,032,891 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, acquisition, equity-sale, change-of-control
Related Tickers: JBG
TL;DR
Jingbo Tech (JBG) filed 8-K: material agreements, asset deals, equity sales, and change of control all happened Dec 9th.
AI Summary
Jingbo Technology, Inc. (formerly SavMobi Technology Inc.) filed an 8-K on December 12, 2024, reporting on events that occurred on December 9, 2024. The filing indicates a material definitive agreement, completion of an acquisition or disposition of assets, unregistered sales of equity securities, and changes in control of the registrant. The company is incorporated in Nevada and its fiscal year ends on February 28.
Why It Matters
This 8-K filing signals significant corporate actions, including potential acquisitions or divestitures and changes in control, which could impact the company's strategic direction and shareholder value.
Risk Assessment
Risk Level: medium — The filing mentions unregistered sales of equity and changes in control, which can introduce uncertainty and potential risks for investors.
Key Players & Entities
- Jingbo Technology, Inc. (company) — Registrant
- SavMobi Technology Inc. (company) — Former company name
- December 9, 2024 (date) — Earliest event reported
- December 12, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
FAQ
What specific material definitive agreement was entered into by Jingbo Technology, Inc. on December 9, 2024?
The filing indicates the entry into a material definitive agreement but does not provide specific details about the agreement itself in the provided text.
What assets were acquired or disposed of by Jingbo Technology, Inc. on December 9, 2024?
The filing states the completion of an acquisition or disposition of assets, but the specific details of the assets involved are not provided in the text.
What were the circumstances surrounding the unregistered sales of equity securities by Jingbo Technology, Inc. on December 9, 2024?
The filing notes unregistered sales of equity securities occurred on December 9, 2024, but the specifics of these sales are not detailed in the provided text.
What changes in control of Jingbo Technology, Inc. were reported as of December 9, 2024?
The filing confirms changes in control of the registrant occurred on December 9, 2024, but the nature and specifics of these changes are not elaborated upon in the provided text.
When does Jingbo Technology, Inc.'s fiscal year end?
Jingbo Technology, Inc.'s fiscal year ends on February 28.
Filing Stats: 1,120 words · 4 min read · ~4 pages · Grade level 12.3 · Accepted 2024-12-12 17:00:19
Key Financial Figures
- $0.001 — 0,000 shares of common stock, par value $0.001 per share (the "Common Stock") of the C
- $22,032,891 — dent on long-term loan in the amount of $22,032,891 (the "Debt") owed to Shaoxing Keqiao. F
Filing Documents
- form8-k.htm (8-K) — 47KB
- ex23-1.htm (EX-23.1) — 3KB
- ex99-1.htm (EX-99.1) — 42KB
- ex99-2.htm (EX-99.2) — 382KB
- ex99-3.htm (EX-99.3) — 251KB
- ex23-1_001.jpg (GRAPHIC) — 34KB
- 0001493152-24-049819.txt ( ) — 1016KB
- svmb-20241209.xsd (EX-101.SCH) — 3KB
- svmb-20241209_lab.xml (EX-101.LAB) — 33KB
- svmb-20241209_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
Management's Discussion and Analysis of Financial Condition and Results of Operations of Xinghe
Management's Discussion and Analysis of Financial Condition and Results of Operations of Xinghe 99.2 Historical audited financial statements of Xinghe Technology Limited for the years ended February 29, 2024 and February 28, 2023 and historical unaudited condensed financial 99.3 Unaudited pro forma combined financial statements of Xinghe Technology Limited for the six months ended August 31, 2024 and for the year ended February 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Jingbo Technology, Inc. Date: December 12, 2024 By: /s/ Guowei Zhang Guowei Zhang, Chief Executive Officer 3