Go Go Buyers, Inc. Reports Change in Control and Executive Changes
| Field | Detail |
|---|---|
| Company | Go Go Buyers, Inc. |
| Form Type | 8-K |
| Filed Date | Nov 19, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: change-of-control, executive-changes, board-changes
TL;DR
Go Go Buyers, Inc. had a change in control on 9/25/25, plus new execs and director departures.
AI Summary
Go Go Buyers, Inc. announced on September 25, 2025, a change in control of the registrant. The filing also details the departure of a director, the election of a new director, and updates on compensatory arrangements for certain officers.
Why It Matters
This filing indicates significant shifts in the company's leadership and ownership structure, which could impact its strategic direction and operational stability.
Risk Assessment
Risk Level: medium — Changes in control and executive departures can signal underlying issues or strategic shifts that introduce uncertainty.
Key Players & Entities
- Go Go Buyers, Inc. (company) — Registrant
- September 25, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 5348 Vegas Drive Las Vegas, NV, 89108 (address) — Principal Executive Offices
FAQ
What specific event triggered the change in control for Go Go Buyers, Inc.?
The filing states that a change in control of the registrant occurred, but does not specify the exact transaction or event that triggered it.
Who is the new director elected to the board of Go Go Buyers, Inc.?
The filing mentions the election of a director but does not provide the name of the individual elected.
Which officer(s) departed from Go Go Buyers, Inc.?
The filing indicates the departure of certain officers but does not name the specific individuals who departed.
What are the details of the compensatory arrangements for the officers mentioned?
The filing notes updates on compensatory arrangements for certain officers, but the specific details are not provided in this summary section.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on September 25, 2025.
Filing Stats: 586 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2025-11-19 15:42:46
Filing Documents
- ggby_8k.htm (8-K) — 20KB
- 0001842563-25-000024.txt ( ) — 175KB
- ggby-20250925.xsd (EX-101.SCH) — 3KB
- ggby-20250925_lab.xml (EX-101.LAB) — 33KB
- ggby-20250925_pre.xml (EX-101.PRE) — 22KB
- ggby_8k_htm.xml (XML) — 3KB
01 Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant. On August 20, 2025, Arturas Saladzius, the previous majority shareholder of the Company, entered into a stock purchase agreement (the "Agreement") for the sale of 3,000,000 shares of Common Stock of the Company, to Qiubing Xu. The Agreement closed on September 25, 2025. As a result of the acquisition of 3,000,000 shares of Common Stock, Qiubing Xu holds approximately 72% of the issued and outstanding shares of Common Stock of the Company, and as such it is able to unilaterally control the election of our board of directors, all matters upon which shareholder approval is required and, ultimately, the direction of our Company. Also on September 24, 2025, the previous officer and director of the company, Arturas Saladzius, resigned from all office and director positions with the Company, and Silvija Barkauskiene resigned from independent director position of the Company. Upon such resignations, Qiubing Xu was appointed as Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary, and Director of the Company.
02 Departure of Directors
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. The disclosures set forth in Item 5.01 above are incorporated by reference into this Item 5.02(a). The business background descriptions of the newly appointed officer and director is as follows: Qiubing Xu From 2012 to 2025, Mr. Qiubing Xu founded Shenzhen Huayu Investment Management Co., Ltd. and served as the company's general manager, responsible for precious metal business transactions. Mr. Xu received his bachelor degree in E-commerce and Business Management from Guangdong Ocean University in 2011.
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. GO GO BUYERS, INC Date: November 19, 2025 By: /s / Qiubing Xu Name: Qiubing Xu Title: CEO