Invech buys SportyPick platform for 5M restricted shares
Invech Holdings, Inc. agreed on April 18, 2026 to acquire the website and total code of the sports betting platform www.sportypick.com from Arpita Day under an Asset Purchase Agreement.
Rhea-AI Filing Summary
Invech Holdings, Inc. agreed on April 18, 2026 to acquire the website and total code of the sports betting platform www.sportypick.com from Arpita Day under an Asset Purchase Agreement. In exchange, the company issued 5,000,000 restricted shares of common stock to Day.
The Asset Purchase Agreement closed on April 21, 2026, when the assets were transferred and the shares were issued. Invech also formed a wholly owned Nevada subsidiary, Sporty Pick, Inc., to hold the acquired platform. The share issuance was conducted as an unregistered private offering under Section 4(a)(2) and/or Rule 506 of Regulation D. Invech also highlighted that material information may be shared on its website and its X (Twitter) account in addition to SEC filings and other channels.
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Insights
Invech buys a sports betting platform using 5M restricted shares.
Invech Holdings, Inc. is using equity rather than cash to acquire the SportyPick sports betting platform from an individual seller. The consideration is 5,000,000 restricted common shares, suggesting a meaningful but unquantified level of dilution for existing shareholders.
The deal closed within days of signing, and Invech formed a wholly owned subsidiary, Sporty Pick, Inc., to house the acquired assets, indicating a focused legal structure around this business line. The transaction was executed as a private placement under Section 4(a)(2) and Rule 506 of Regulation D, so no public capital was raised.
Invech also emphasized that material updates may appear on its website and X account in addition to filings and press releases. Subsequent disclosures in future company filings may provide financial details on revenue, costs, or strategic plans for integrating and monetizing the SportyPick platform.
8-K Event Classification
Key Figures
Key Terms
Asset Purchase Agreement financial
Section 4(a)(2) regulatory
Rule 506 of Regulation D regulatory
emerging growth company regulatory
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.