LiquidValue Dev Completes 05 Real Estate & Construction Acquisition
Ticker: WNHK · Form: 8-K · Filed: Jan 10, 2024 · CIK: 1503658
| Field | Detail |
|---|---|
| Company | Liquidvalue Development Inc. (WNHK) |
| Form Type | 8-K |
| Filed Date | Jan 10, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $5,033,390.04 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: acquisition, real-estate, corporate-action
TL;DR
**LVDev just bought 05 Real Estate & Construction, expanding its real estate footprint.**
AI Summary
LiquidValue Development Inc. (LVDev) completed the acquisition of all outstanding shares of 05 Real Estate & Construction on January 4, 2024. This means LVDev, a real estate company, has fully integrated 05 Real Estate & Construction into its operations. For investors, this acquisition could signal LVDev's strategic expansion in the real estate sector, potentially leading to increased revenue or market share, but also carries integration risks.
Why It Matters
This acquisition signifies LiquidValue Development Inc.'s expansion within the real estate sector, potentially impacting its future growth trajectory and financial performance.
Risk Assessment
Risk Level: medium — Acquisitions always carry integration risks, and the filing provides no financial details of the transaction, making it hard to assess the immediate impact.
Analyst Insight
An investor should monitor LiquidValue Development Inc.'s next earnings report for details on the financial impact and integration progress of the 05 Real Estate & Construction acquisition.
Key Players & Entities
- LiquidValue Development Inc. (company) — the registrant completing the acquisition
- 05 Real Estate & Construction (company) — the acquired entity
- January 4, 2024 (date) — date of the acquisition completion
Forward-Looking Statements
- LiquidValue Development Inc. will see an increase in its real estate assets and operational scale. (LiquidValue Development Inc.) — high confidence, target: 2024-12-31
- The integration of 05 Real Estate & Construction will present operational challenges for LiquidValue Development Inc. (LiquidValue Development Inc.) — medium confidence, target: 2024-06-30
FAQ
What was the specific event reported by LiquidValue Development Inc. in this 8-K filing?
LiquidValue Development Inc. reported the completion of the acquisition of all outstanding shares of 05 Real Estate & Construction on January 4, 2024.
When did LiquidValue Development Inc. complete the acquisition mentioned in the filing?
The acquisition was completed on January 4, 2024, which is also the date of the earliest event reported in the filing.
What is the business address of LiquidValue Development Inc. as stated in the filing?
LiquidValue Development Inc.'s business address is 4800 Montgomery Lane, Suite 210, Bethesda, MD 20814.
What was LiquidValue Development Inc.'s former company name before SeD Intelligent Home Inc.?
Before SeD Intelligent Home Inc., LiquidValue Development Inc. was formerly known as HOMEOWNUSA, with a name change date of 20101015.
Is LiquidValue Development Inc. considered an emerging growth company according to this filing?
The filing indicates that LiquidValue Development Inc. has not checked the box to confirm if it is an emerging growth company, meaning it is not explicitly stated as one.
Filing Stats: 446 words · 2 min read · ~1 pages · Grade level 11.7 · Accepted 2024-01-10 16:48:03
Key Financial Figures
- $5,033,390.04 — n expenses, equaled a combined total of $5,033,390.04. The sale of the lots closed on January
Filing Documents
- form8-k.htm (8-K) — 30KB
- 0001493152-24-001964.txt ( ) — 193KB
- lvdw-20240104.xsd (EX-101.SCH) — 3KB
- lvdw-20240104_lab.xml (EX-101.LAB) — 33KB
- lvdw-20240104_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
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. LiquidValue Development Inc. Date: January 10, 2024 By: /s/ Rongguo Wei Name: Rongguo Wei Title: Co-Chief Financial Officer