BioForce Nano holder buys 79.6% stake for $400K
BIOFORCE NANOSCIENCES HOLDINGS, INC.
Rhea-AI Filing Summary
BIOFORCE NANOSCIENCES HOLDINGS, INC. (BFNH) now has a new controlling shareholder. Nexus Capital Investments, Inc., a Wyoming corporation, reported beneficial ownership of 26,700,000 shares of BFNH common stock, representing 79.6% of the class, acquired in a private transaction for a $400,000 purchase price funded from its operational working capital.
Nexus Capital reports sole and shared voting and dispositive power over these shares and indicates that no other person has rights to dividends or sale proceeds from them. Nexus and BFNH state that they reserve the right in the future to pursue mergers or acquisitions, asset sales or transfers, management and board changes, and capital structure changes, but do not announce any specific current plans.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
beneficially owned financial
Sole Voting Power financial
Sole Dispositive Power financial
Schedule 13D regulatory
working capital financial
FAQ
What percentage of BIOFORCE NANOSCIENCES (BFNH) does Nexus Capital now own?
What future actions does Nexus Capital say it may consider regarding BFNH?
When did the BFNH ownership change triggering this Schedule 13D occur?
AI-generated analysis. How Rhea-AI works. Not financial advice.