STOCK TITAN

Inderjit Mangat acquires control stake in IMA Tech (IMAA)

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

IMA Tech reported a change in control effective June 17, 2026. Under a stock purchase agreement, Inderjit Mangat acquired 1,500,000 shares of common stock from Wang Hui for $300,000, consisting of $75,000 in cash and a $225,000 secured note payable in two equal installments on July 15, 2026 and August 15, 2026. These shares represent about 57.47% of IMA Tech’s common stock, giving Mangat voting control. The purchased shares are pledged as collateral to Wang Hui to secure the note. In connection with the transaction, Wang Hui resigned as sole director and as all executive officers, and Mangat was appointed sole director as well as President, Chief Executive Officer, Treasurer and Secretary. Based on 2,609,878 shares outstanding, Mangat holds 57.47% and is the only officer and director.

Positive

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Negative

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Insights

Control shifts to a new owner‑manager via a leveraged stock purchase.

The report shows Inderjit Mangat acquiring 1,500,000 IMA Tech shares from Wang Hui for $300,000, gaining about 57.47% of the common stock and effective voting control. Leadership fully turns over as Mangat becomes sole director and top executive.

The purchase is partly financed with a $225,000 secured note, with the acquired shares pledged as collateral. Execution of note payments on July 15, 2026 and August 15, 2026 will be important to maintain unencumbered control; terms beyond principal and due dates are not detailed here.

IMA Tech now has a highly concentrated ownership and governance structure, with 2,609,878 shares outstanding and Mangat holding 57.47%. Future company disclosures may elaborate on strategic plans under this new control and any additional governance arrangements.

Item 5.01 Changes in Control of Registrant Governance
A change in control of the company occurred, such as through a merger, takeover, or management buyout.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Control shares purchased 1,500,000 shares Common stock acquired from Wang Hui
Ownership percentage 57.47% Portion of IMA Tech common stock represented by Control Shares
Total consideration $300,000 Paid by Inderjit Mangat for control block
Cash at closing $75,000 Portion of consideration paid in cash
Secured note principal $225,000 Purchase price financed via secured note
Installment amounts $112,500 each Note payments due July 15, 2026 and August 15, 2026
Shares outstanding 2,609,878 shares Common stock outstanding as of the referenced date
change in control financial
"Effective June 17, 2026, there occurred a change in control of IMA Tech"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
stock purchase agreement financial
"pursuant to a stock purchase agreement (the “Change-in-Control Agreement”)"
A stock purchase agreement is a legal contract that sets the terms for buying or selling shares, specifying the price, number of shares, how payment is made, and any conditions or promises each side must meet. It matters to investors because it defines who owns what, when ownership changes, and what protections or obligations attach to the deal—think of it as a detailed receipt plus the house rules that determine the financial risks and benefits of the transaction.
secured note financial
"a secured note in the principal amount of $225,000 (payable $112,500..."
A secured note is a loan-like obligation where the borrower pledges specific assets as a guarantee, so if they fail to pay, the lender can seize those assets to recover money owed. For investors, this matters because the pledged assets lower the risk of losing principal compared with unsecured debt, usually leading to clearer recovery prospects and often a different interest rate and priority in repayment if the borrower faces financial trouble.
beneficial owner financial
"The following table sets forth ... the shareholdings of (1) each person owning beneficially 5% or more"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
beneficial ownership financial
"Information relating to beneficial ownership of securities by our principal shareholders"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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false 0001980295 0001980295 2026-06-22 2026-06-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

_____________________

 

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): June 22, 2026 (June 17, 2026)

 

IMA Tech
(Exact name of registrant as specified in its charter)

 

000-56696   98-1626237
(Commission File Number)   (IRS Employer Identification Number)

 

11336 Franklin Boulevard

Elk Grove, California 95757

 

 

 

Wyoming

(Address of Principal Executive Offices   (State or other jurisdiction of incorporation or organization)

 

(916) 534-6052

(Registrant’s telephone number, including area code)

 

Room 302, Building 24, Lane 977, Jufeng Road,

Pudong New Area, Shanghai City (East Area of Huagao Er Village), China

(Former name or former address, if changed since last report)

 

 

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(s)

 

Name of each exchange

on which registered

None   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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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 5.01 Changes in Control of Registrant.

 

Effective June 17, 2026, there occurred a change in control of IMA Tech, a Wyoming corporation (the “Company”). On such date, pursuant to a stock purchase agreement (the “Change-in-Control Agreement”), Inderji Mangat acquired 1,500,000 shares of the Company’s common stock (the “Control Shares”) from Wang Hui. The Control Shares represent approximately 57.47% of the outstanding shares of the Company’s common stock and constitute voting control of the Company. The total consideration paid by Ms. Mangat for the Control Shares was $300,000, $75,000 in cash and a secured note in the principal amount of $225,000 (payable $112,500 on July 15, 2026, and $112,500 payable on August 15, 2026) delivered at the closing. As security for the payment of such secured note, the Control Shares are pledged in favor of Mr. Wang.

 

In conjunction with the Change-in-Control Agreement, on June 17, 2026, Wang Hui resigned as the Sole Director, President, Chief Executive Officer, Treasurer and Secretary of the Company and Inderjit Mangat was appointed as the Sole Director, President, Chief Executive Officer, Treasurer and Secretary of the Company.

 

Certain information regarding the background of Ms. Mangat is set forth below.

 

 

Inderjit Mangat, 65, has served as the Company’s Sole Officer and Director, since June 17, 2026. After earning a degree in Electrical Engineering from San Jose State University, San Jose, California, Ms. Mangat worked as a UNIX Network Administrator for the U.S. Department of War for over 30 years, with a top security clearance. Since leaving that position, in 2023, Ms. Mangat has owned and operated “Amar Capital Corp.”, an Elk Grove, California-based real estate firm.

 

 

 

 

 

 

The following table sets forth, as of the date of this Current Report, the shareholdings of (1) each person owning beneficially 5% or more of the Company’s outstanding common stock; (2) each executive officer of the Company, and (3) all officers and directors as a group. Unless otherwise indicated, each owner has sole voting and investment power over his securities. Information relating to beneficial ownership of securities by our principal shareholders and management is based upon information furnished by each person using beneficial ownership’ concepts under the rules of the SEC. Under these rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or direct the voting of the security, or investment power, which includes the power to vote or direct the voting of the security. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Under the SEC rules, more than one person may be deemed to be a beneficial owner of the same securities, and a person may be deemed to be a beneficial owner of securities as to which he or she may not have any pecuniary beneficial interest. Except as noted below, each person has sole voting and investment power. Except as disclosed herein, we do not have any outstanding options or other securities exercisable for or convertible into shares of our common stock. Unless otherwise indicated, the address of each person listed is c/o IMA Tech, 11330 Franklin Boulevard, Elk Grove, California 95757.

 

Name of Beneficial Owner   Title of Class   Beneficial Ownership   Percent of Class(1)
Inderjit Mangat(2)   Common Stock     1,500,000       57.47%  
All Officers and Directors as a Group (1 person)   Common Stock     1,500,000       57.47%  

 

(1) Based on 2,609,878 shares outstanding, as of the date of this Current Report.
(2) Officer and director.

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

The disclosure set forth above under Item 5.01. Changes in Control of Registrant is incorporated in this Item 5.02.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)       Exhibits.

 

Exhibit

Number

  Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

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.

 

        IMA TECH
       
Date: June 22, 2026       By:  

/s/ Inderjit Mangat

            Inderjit Mangat
            Chief Executive Officer

 

 

 

 

 

 

 

FAQ

What change in control did IMA Tech (IMAA) report on June 22, 2026?

IMA Tech reported that effective June 17, 2026, Inderjit Mangat acquired 1,500,000 common shares from Wang Hui. Those shares equal about 57.47% of outstanding stock, giving Mangat voting control and prompting a full leadership transition at the company.

How many IMA Tech shares did Inderjit Mangat acquire and what stake is it?

Inderjit Mangat acquired 1,500,000 IMA Tech common shares from Wang Hui. Based on 2,609,878 shares outstanding, this represents approximately 57.47% of the company’s common stock, giving Mangat effective control over shareholder voting and corporate decisions.

What did Inderjit Mangat pay for the IMA Tech control block of shares?

Mangat agreed to pay a total of $300,000 for the 1,500,000 IMA Tech shares. The price consists of $75,000 in cash at closing and a $225,000 secured note, payable in two $112,500 installments due July 15, 2026 and August 15, 2026.

How is the secured note for the IMA Tech share purchase structured?

The secured note totals $225,000 and was delivered at closing to Wang Hui. It requires two equal payments of $112,500, one due July 15, 2026 and the second due August 15, 2026, with the purchased control shares pledged as security.

What management changes accompanied the IMA Tech change in control?

In connection with the transaction, Wang Hui resigned as sole director and as President, Chief Executive Officer, Treasurer and Secretary. Inderjit Mangat was simultaneously appointed as the sole director and to all those officer roles, centralizing both ownership and management in one individual.

What is the current ownership position of IMA Tech’s officers and directors?

The table shows that all officers and directors as a group, consisting of Inderjit Mangat as a single person, beneficially own 1,500,000 shares of common stock. This equals approximately 57.47% of IMA Tech’s 2,609,878 shares outstanding as of the referenced date.

Filing Exhibits & Attachments

3 documents