Community Redevelopment Inc. Completes Asset Acquisition
Ticker: CRDV · Form: 8-K · Filed: 2025-05-02T00:00:00.000Z
Sentiment: neutral
Topics: acquisition, assets, redevelopment
TL;DR
CRDI just bought assets, formerly Crosswind Renewable Energy, on Jan 31st. Big move for land developers.
AI Summary
Community Redevelopment Inc. announced the completion of an acquisition of assets on January 31, 2025. The company, formerly known as Crosswind Renewable Energy Corp, is a land subdivider and developer based in Milford, MA.
Why It Matters
This filing indicates a significant strategic move by Community Redevelopment Inc. to expand its asset base, potentially impacting its future growth and market position.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, valuation, and market reception, which could impact the company's financial performance.
Key Players & Entities
- Community Redevelopment Inc. (company) — Registrant
- Crosswind Renewable Energy Corp (company) — Former company name
- January 31, 2025 (date) — Date of earliest event reported
- Milford, MA (location) — Principal executive offices
FAQ
What specific assets were acquired by Community Redevelopment Inc.?
The filing does not specify the exact nature or value of the assets acquired, only that the completion of an acquisition or disposition of assets occurred.
What was the effective date of the asset acquisition?
The earliest event reported, which includes the completion of the acquisition, was January 31, 2025.
What is the primary business of Community Redevelopment Inc.?
Community Redevelopment Inc. is classified under Standard Industrial Classification as LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552].
Has Community Redevelopment Inc. always operated under this name?
No, the company was formerly known as Crosswind Renewable Energy Corp, with previous name changes including STEALTH MEDIALABS INC and KIDSTOYSPLUS COM INC.
Where are Community Redevelopment Inc.'s principal executive offices located?
The principal executive offices are located at 9 C Medway Road #214, Milford, MA 01757.
From the Filing
0001683168-25-003053.txt : 20250502 0001683168-25-003053.hdr.sgml : 20250502 20250502130701 ACCESSION NUMBER: 0001683168-25-003053 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250131 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Community Redevelopment Inc. CENTRAL INDEX KEY: 0001084551 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 852629422 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26439 FILM NUMBER: 25906977 BUSINESS ADDRESS: STREET 1: 9 C MEDWAY ROAD STREET 2: #214 CITY: MILFORD STATE: MA ZIP: 01757 BUSINESS PHONE: 774-573-9114 MAIL ADDRESS: STREET 1: 9 C MEDWAY ROAD STREET 2: #214 CITY: MILFORD STATE: MA ZIP: 01757 FORMER COMPANY: FORMER CONFORMED NAME: Crosswind Renewable Energy Corp DATE OF NAME CHANGE: 20210119 FORMER COMPANY: FORMER CONFORMED NAME: STEALTH MEDIALABS INC DATE OF NAME CHANGE: 20020924 FORMER COMPANY: FORMER CONFORMED NAME: KIDSTOYSPLUS COM INC DATE OF NAME CHANGE: 19990617 8-K 1 community_8k2.htm CURRENT REPORT Community Redevelopment Inc 8-K false 0001084551 0001084551 2025-01-31 2025-01-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): January 31, 2025   COMMUNITY REDEVELOPMENT INC. (Exact name of registrant as specified in its charter)   Oklahoma 000-26439 85-2629422 (State of incorporation) (Commission File Number) (IRS Employer No.)   9 C Medway Road #214 Milford , MA 01757 (Address of principal executive offices and Zip Code)   (410) 224-3500 (Registrant's telephone number, including area code)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of Each Class Trading Symbol Name of Each Exchange on Which Registered N/A N/A N/A   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company    ☒      If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐               ITEM 2.01 – Acquisition of INCUED INC.   On January 31 st , 2025, the Board of Directors of the Company approved the merger of INCUED, Inc. a Delaware corporation located at 220 West Illinois Street, Suite# 2505, Chicago, IL 60654. INCUED, Inc. is in the business of software application and software analytical tools company.                                                     2