Invech Holdings (IVHI) CEO sells 88.3M shares in control shift
Rhea-AI Filing Summary
Woods-Leo Alexander Mackinze, then CEO, CFO, president, secretary, treasurer and 10% owner of Invech Holdings, Inc., sold 88,000,000 Common and 300,000 Series A Preferred shares to an unaffiliated purchaser for an aggregate $290,000, about $0.0033 per share across both classes. The stock purchase closed on August 3, 2026, when a change in control occurred. Effective that date he resigned all officer and director roles and now beneficially owns 2,000,000 Common shares, under ten percent of the class and no longer subject to Section 16.
Positive
- None.
Negative
- Leadership and control change: Former CEO, CFO, president, secretary, treasurer and 10% owner sold 88,300,000 shares in a change-of-control transaction at about $0.0033 per share and resigned all roles on August 3, 2026.
Insider Trade Summary
Net Seller: 88,300,000 shares
Net Sell
2 txns
Insider
Woods-Leo Alexander Mackinze
Role
CEO CFO Pres. Scty. Treasurer
Sold
88,300,000 shs ($291K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 88,000,000 | $0.0033 | $290K |
| Sale | Series A Preferred Stock F1 | 300,000 | $0.0033 | $990.00 |
Holdings After Transaction:
Common Stock — 2,000,000 shares (Direct);
Series A Preferred Stock — 0 shares (Direct)
Footnotes (1)
- F1. Explanation of Responses: (1) The Series A Preferred Stock is not convertible into, and carries no right to acquire, any other class of securities. Under Rule 16a-1(c) it is therefore not a derivative security and is reported on Table I rather than Table II.
Key Figures
Common shares sold: 88000000 shares
Series A Preferred shares sold: 300000 shares
Aggregate purchase price: $290,000
+3 more
6 metrics
Common shares sold
88000000 shares
Sale of Common Stock on 2026-08-03 by reporting person
Series A Preferred shares sold
300000 shares
Sale of Series A Preferred Stock on 2026-08-03
Aggregate purchase price
$290,000
Total consideration for 88,300,000 shares sold under Stock Purchase Agreement
Allocated price per share
$0.0033 per share
Pro rata price for each Common and Series A Preferred share sold
Common shares owned after sale
2000000 shares
Beneficial ownership of Common Stock following reported transactions
Change-of-control closing date
2026-08-03
Date escrow closed and change in control of issuer occurred
Key Terms
Stock Purchase Agreement, pari passu, change in control, Section 16, +1 more
5 terms
Stock Purchase Agreement financial
"pursuant to a Stock Purchase Agreement dated July 17, 2026"
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.
pari passu financial
"the Series A Preferred Stock ranks pari passu with the Common Stock"
An instruction that different claims, securities, or creditors are treated equally and share rights or payments on the same priority level. For investors, it means their position will be paid or have voting power alongside others in the same class rather than being favored or subordinated—think of several people standing in one bus line who all get on together rather than some cutting ahead. That parity affects expected recovery in reorganizations, dividend order, and relative risk.
change in control regulatory
"the date on which the change in control of the Issuer occurred"
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.
Section 16 regulatory
"and is no longer subject to Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-1(c) regulatory
"Under Rule 16a-1(c) it is therefore not a derivative security"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Woods-Leo Alexander Mackinze report for IVHI?
He reported selling 88,000,000 shares of Common Stock and 300,000 shares of Series A Preferred Stock to an unaffiliated purchaser under a Stock Purchase Agreement that closed on August 3, 2026, triggering a change in control of Invech Holdings.
Did this IVHI Form 4 involve a change in control and when did it occur?
Yes. The sale of 88,300,000 shares to an unaffiliated purchaser closed on August 3, 2026. The shares were held in escrow pending closing conditions, and that closing date is stated as the date the change in control of the issuer occurred.
What positions did Mackinze hold at Invech Holdings (IVHI) and what changed?
He was CEO, CFO, president, secretary and treasurer, as well as a 10% owner. Effective August 3, 2026, after the change-of-control closing, he resigned from all officer and director positions with Invech Holdings, Inc., ending his management roles.
Was the IVHI Form 4 transaction executed under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not marked as true, and there is no footnote indicating that the sales were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan, so the filing does not describe them as plan-based trades.
How is IVHI’s Series A Preferred Stock characterized in this Form 4?
The reporting person sold 300,000 Series A Preferred shares. A footnote explains the Series A Preferred is not convertible into any other class, carries no right to acquire other securities, and under Rule 16a-1(c) is not a derivative security, so it appears in Table I.