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Invech Holdings (IVHI) shifts voting control to Stephen Adair and spins out Paragon assets

(Neutral)
(Neutral)
Form Type
SC 14F1

Rhea-AI Filing Summary

Invech Holdings, Inc. reports a change in control following a Stock Purchase Agreement dated July 17, 2026 between Alexander M. Woods‑Leo and purchaser Stephen Ken Adair. At the August 3, 2026 effective time, Woods‑Leo sold 88,000,000 common shares (approximately 75.9% of the 115,893,597 common shares outstanding as of July 30, 2026) and 300,000 shares of Series A Preferred Convertible Stock (100% of that class) to Adair for $290,000. The Series A Preferred, as a class, carries 80% of the company’s total voting power, so the transaction transferred voting control. Woods‑Leo resigned as sole officer and director and Adair became, and will remain after the 10‑day notice period, the company’s sole officer and director. As a condition of the change in control, the company divested and spun out its Paragon SaaS marketplace assets to Paragon Rentals, Inc., an entity controlled by Woods‑Leo, for $1.00 and other consideration, after the related acquisition note had been reduced to $225,000 and fully settled in stock.

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Filing Explained

The August 4 Schedule 14F-1 is an information statement notifying record holders of the August 3 control and management change; it requires no shareholder vote, proxy, or other action, so holders receive notice without a new approval process.

Common shares sold 88,000,000 shares Common stock sold by Alexander M. Woods‑Leo to Stephen Ken Adair under the July 17, 2026 Agreement
Preferred shares sold 300,000 shares Series A Preferred Convertible Stock sold, representing 100% of that class
Purchase consideration $290,000 Aggregate consideration paid by Stephen Ken Adair for the common and Series A Preferred shares
Common shares outstanding 115,893,597 shares Common stock issued and outstanding as of July 30, 2026
Common ownership stake 75.9% Percentage of common stock represented by 88,000,000 shares before and after the effective time
Preferred voting power 80% Series A Preferred, as a class, entitled to 80% of total voting power on all matters
Paragon Assets spin-out price $1.00 Nominal consideration paid by Paragon Rentals, Inc. for the Paragon Assets, plus other consideration
Paragon note balance $225,000 Convertible promissory note reduced to $225,000 and settled by conversion into 5,000,000 shares
Schedule 14f-1 regulatory
"This Information Statement is required by Section 14(f) ... and Rule 14f-1 promulgated thereunder."
change in control regulatory
"You are receiving this Information Statement to inform the shareholders ... of a change in control of the Company"
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.
Series A Preferred Convertible Stock financial
"300,000 shares of the Company’s Series A Preferred Convertible Stock (the “Preferred A Stock”)"
beneficial ownership financial
"The following table sets forth certain information regarding the beneficial ownership of the Company’s common stock"
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.
Paragon Assets technical
"the Company divested and spun out its Paragon Assets (the software-as-a-service marketplace platform"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What change of control is disclosed in Invech Holdings (IVHI)’s Schedule 14f-1?

Control shifted to Stephen Ken Adair, who purchased 88,000,000 common shares and 300,000 Series A Preferred shares from Alexander M. Woods‑Leo, giving him 75.9% of common equity and control of preferred voting power.

How much did the new controlling shareholder of IVHI pay for his stake?

Stephen Ken Adair paid aggregate consideration of $290,000 to acquire 88,000,000 common shares and 300,000 Series A Preferred Convertible shares of Invech Holdings, Inc. from Alexander M. Woods‑Leo under the July 17, 2026 Stock Purchase Agreement.

What voting power do IVHI’s Series A Preferred Convertible shares carry?

The Series A Preferred Convertible Stock, as a class, is entitled to votes equal to 80% of the company’s total voting power on all shareholder matters, giving its holder substantial control over corporate decisions and director elections.

What assets did Invech Holdings (IVHI) spin out in connection with the control change?

In connection with the change in control, the company divested and spun out its Paragon Assets—a SaaS marketplace at www.paragonrentals.ai and related IP—to Paragon Rentals, Inc., an entity controlled by Alexander M. Woods‑Leo, for $1.00 and other consideration.

Who will serve as the sole officer and director of Invech Holdings (IVHI) after the transaction?

Stephen Ken Adair became the sole officer and director at the effective time and will continue in that role after 10 days, serving as Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and sole director.

How many shares of IVHI are outstanding, and what is the new owner’s stake?

As of July 30, 2026, there were 115,893,597 common shares and 300,000 Series A Preferred shares outstanding. After closing, Stephen Ken Adair beneficially owns 88,000,000 common shares (75.9%) and 100% of the Series A Preferred.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 14f-1

 

INFORMATION STATEMENT

PURSUANT TO SECTION 14(f) OF THE

SECURITIES EXCHANGE ACT OF 1934

AND RULE 14f-1 THEREUNDER

 

INVECH HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

000-25553

(Commission File Number)

 

Nevada 41-4348617
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

 

1603 Capitol Ave, Suite 413 PMB 1777, Cheyenne, WY 82001

(Address of principal executive offices)

 

(302) 553-5205

(Registrant’s telephone number)

 

Copies to:

Alexander M. Woods-Leo

1603 Capitol Ave Suite 413 PMB 1777 Cheyenne WY 82001

302-553-5205

 

This Information Statement was furnished on or about August 4, 2026 to all of the stockholders of record at the close of business on August 4, 2026 of the common stock of Invech Holdings, Inc.

 

This Information Statement is required by Section 14(f) of the Securities Exchange Act of 1934, as amended, and Rule 14f-1 promulgated thereunder. You are urged to read this Information Statement carefully.

 

 

 

 

   

 

 

NO VOTE OR OTHER ACTION OF THE COMPANY’S STOCKHOLDERS

IS REQUIRED IN CONNECTION WITH THIS INFORMATION STATEMENT.

 

NO PROXIES ARE BEING SOLICITED AND

YOU ARE REQUESTED NOT TO SEND THE COMPANY A PROXY.

 

INTRODUCTION

 

You are receiving this Information Statement to inform the shareholders of Invech Holdings, Inc. (the “Company” or “IVHI”) of a change in control of the Company and a change in the majority of the board of directors of the Company (the “Board”) which occurred pursuant to that certain Stock Purchase Agreement dated July 17, 2026 (the “Agreement”) by and among Alexander M. Woods-Leo, the Company’s sole officer and director and its majority shareholder (“AWL”), and Stephen Ken Adair (the “Purchaser”).

 

CHANGE IN CONTROL

 

Pursuant to the terms of the Agreement, effective August 3, 2026 (the “Effective Time”), AWL sold 88,000,000 shares of the Company’s common stock, representing approximately 75.9% of the Company’s issued and outstanding common stock, and 300,000 shares of the Company’s Series A Preferred Convertible Stock (the “Preferred A Stock”), representing 100% of the Company’s issued and outstanding Preferred A Stock, to the Purchaser for aggregate consideration of $290,000. The Preferred A Stock, as a class, is entitled to a number of votes equal to eighty percent (80%) of the total voting power of the Company on all matters submitted to shareholders. The purchase of such shares resulted in a change of control of the Company.

 

In connection with the Agreement, on or about 10 days after the mailing of this Schedule 14f-1, Alexander M. Woods-Leo will resign as the sole officer and director of the Company, and Stephen Ken Adair will be appointed as the sole officer and director of the Company. At the Effective Time, Alexander M. Woods-Leo resigned and Stephen Ken Adair became the sole officer and director of the Company.

 

As a condition of, and in connection with, the change of control, the Company divested and spun out its Paragon Assets (the software-as-a-service marketplace platform operated at www.paragonrentals.ai, together with the related domain, code, and intellectual property) to Paragon Rentals, Inc., an entity controlled by AWL, as an excluded asset that does not form part of the assets acquired by the Purchaser.

 

 

 

 

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DIRECTORS AND EXECUTIVE OFFICERS

 

The following discussion sets forth information regarding Mr. Woods-Leo, the Company’s current sole executive officer and director, and Stephen Ken Adair, who will be appointed as the sole officer and director of the Company effective 10 days after the mailing of this Schedule 14f-1.

 

Each member of the Company’s board of directors shall serve until his or her successor is elected and qualified, or until his or her earlier resignation, death, or removal. Officers are appointed by the Board and serve at the discretion of the Board.

 

Current Executive Officer and Director:

 

Name Age Position
Alexander M. Woods-Leo 38 Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and sole Director

 

Alexander M. Woods-Leo Bio.

 

Alexander M. Woods-Leo has been at the helm of both private and public companies for almost a decade and a half. He has over 20 years of computer technology experience, over 15 years of sales and marketing experience, 10 years of banking experience, and 10 years of strategic business consulting experience. Mr. Woods-Leo is a two-time patent-awarded inventor, an app publisher on three different platforms, and has specialized experience in funding startup companies. Mr. Woods-Leo is the CEO and founder of Paragon Rentals, Inc., a SaaS property management system that allows users to list their properties for 0% commissions.

 

Officer and Director Effective 10 Days After the Mailing of this Schedule 14f-1:

 

Set forth below is certain information regarding the person who will be the sole officer and director of the Company effective 10 days after the mailing of this Schedule 14f-1.

 

Name Age Position
Stephen Ken Adair 49 Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and sole Director

 

 

 

 

 

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Stephen Ken Adair Bio.

 

Stephen Ken Adair has served as the Founder and Owner of Executive Class Travel, a Fort Worth, Texas-based travel company specializing in first-class air travel, luxury vacations, and corporate travel, since 2001. In that role, Mr. Adair has led all aspects of business development, digital marketing, sales strategy, and customer experience, and grew the business into a leading discount travel company before selling it while continuing its operations. From 2004 to 2010, Mr. Adair served as Owner and Operator of Cruise Depot in Fort Worth, Texas, a cruise sales office through which he negotiated preferred pricing arrangements and partnerships with major cruise lines and arranged luxury cruise and related first-class air travel packages for clients. From 1996 to 2001, Mr. Adair served as International Manager for Terminal A at American Airlines at the Dallas/Fort Worth Airport, where he directed operations for international flight departures and arrivals, managed a team of approximately 85 employees, and held responsibility for on-time performance, safety, regulatory compliance, and customer service. From 1991 to 1996, Mr. Adair was the Owner and Operator of Ticket Warehouse in Fort Worth, Texas, a ticket brokerage business specializing in sporting event and concert tickets, where he managed a team of approximately 10 employees and handled purchasing, sales, and customer relations.

 

Mr. Adair completed coursework in biology and music at Texas Christian University in Fort Worth, Texas, from 1998 to 2000, and at Tarrant County College in Fort Worth, Texas, from 1996 to 1998.

 

The Company believes that Mr. Adair’s experience in business ownership and development, operations management, negotiation, and team leadership qualifies him to serve as a director of the Company.

 

Board of Directors Committees

 

Currently, the Board does not have any standing audit, nominating, or compensation committees, or committees performing similar functions. The functions customarily performed by such committees have been performed by the Company’s sole director.

 

Communications with Directors

 

Stockholders may communicate with the Company’s directors by directing the communication in care of the Company at the address set forth on the front page of this Information Statement.

 

Director Independence

 

Alexander M. Woods-Leo, the Company’s current director, is not independent as defined under the applicable rules of the Securities and Exchange Commission. Upon the appointment of Stephen Ken Adair to the Board effective 10 days after the mailing of this Schedule 14f-1, such person will not be independent as that term is defined under the rules of the Securities and Exchange Commission.

 

 

 

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Involvement in Certain Legal Proceedings

 

To the Company’s knowledge, the Company’s current sole director and executive officer has not been involved in any of the following events during the past ten years, and the Company will make the same inquiry of the incoming officer and director:

 

1.the subject of any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
2.convicted in a criminal proceeding or subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
3.subject to any order, judgment, or decree, not subsequently reversed, suspended, or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending, or otherwise limiting his involvement in any type of business, securities, or banking activities;
4.found by a court of competent jurisdiction (in a civil action), the Commission, or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law; or
5.the subject of, or a party to, any sanction or order of any self-regulatory organization, registered entity, or equivalent exchange, association, entity, or organization that has disciplinary authority over its members.

 

Section 16(a) Beneficial Ownership Reporting Compliance

 

Section 16(a) of the Securities Exchange Act requires the Company’s executive officers and directors, and persons who own more than 10% of the Company’s common stock, to file reports regarding ownership of, and transactions in, the Company’s securities with the Securities and Exchange Commission and to provide the Company with copies of those filings. Based solely on the Company’s review of such forms, the Company believes that its officers, directors, and greater-than-10% beneficial owners complied with applicable filing requirements, except as may otherwise be disclosed.

 

Board Leadership Structure and Role in Risk Oversight

 

Due to the small size and early stage of the Company, the Company has not adopted a formal policy on whether the Chairman and Chief Executive Officer positions should be separate or combined.

 

EXECUTIVE COMPENSATION

 

During its last two completed fiscal years, the Company did not pay any compensation to its executive officers other than as described below under “Employment Agreements.”

 

 

 

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Employment Agreements

 

On March 27, 2026, the Company entered into an employment agreement with Alexander M. Woods-Leo to serve as its Chief Executive Officer, providing for a salary of $120,000 per year plus a five percent (5%) commission on gross sales up to $150,000, on an at-will basis. The employment agreement terminates in connection with Mr. Woods-Leo’s resignation upon the change of control described herein.

 

Outstanding Equity Awards at Fiscal Year-End

 

The Company did not have any outstanding equity awards as of December 31, 2025.

 

Director Compensation

 

No director of the Company received any compensation for services as a director for the year ended December 31, 2025. The Company has no standard arrangement to compensate directors for their services in their capacity as directors.

 

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

 

On July 17, 2026, Alexander M. Woods-Leo, the Company’s sole officer and director and majority shareholder, entered into the Agreement with the Purchaser, pursuant to which Mr. Woods-Leo sold 88,000,000 shares of common stock and 300,000 shares of Series A Preferred Stock to the Purchaser for $290,000, resulting in the change of control described herein.

 

In connection with the change of control, the Company divested and spun out its Paragon Assets to Paragon Rentals, Inc., an entity controlled by Mr. Woods-Leo, for nominal consideration of $1.00 and other good and valuable consideration. The Paragon Assets were acquired by the Company on March 3, 2026; pursuant to a Settlement Agreement dated June 1, 2026 between the Company and Andrew Chase Cochran, the related convertible promissory note was reduced to $225,000 and settled in full by conversion into 5,000,000 shares of common stock, such that no acquisition indebtedness relating to the Paragon Assets remained outstanding.

 

Other than as described in this Information Statement and the Company’s reports filed with the Commission, there have been no transactions since the beginning of the Company’s last fiscal year, and there is no currently proposed transaction, in which the Company was or is to be a participant and in which any related person had or will have a direct or indirect material interest.

 

Review, Approval or Ratification of Transactions with Related Persons

 

The Company relies on its Board to review related-party transactions on an ongoing basis to prevent conflicts of interest. The Board reviews a transaction in light of the affiliations of the director, officer, or employee involved and approves or ratifies a transaction if it determines that the transaction is consistent with the best interests of the Company.

 

 

 

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

 

The following table sets forth certain information regarding the beneficial ownership of the Company’s common stock and Series A Preferred Stock, before and after giving effect to the change of control, based on 115,893,597 shares of common stock and 300,000 shares of Series A Preferred Stock issued and outstanding as of July 30, 2026.

 

Name of Beneficial Owner Class Shares Percent
Before the Effective Time:      
Alexander M. Woods-Leo Common Stock 88,000,000 75.9%
Alexander M. Woods-Leo Series A Preferred 300,000 100.0%
After the Effective Time:      
Stephen Ken Adair Common Stock 88,000,000 75.9%
Stephen Ken Adair Series A Preferred 300,000 100.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Information Statement to be signed on its behalf by the undersigned hereunto duly authorized.

 

INVECH HOLDINGS, INC.

 

Dated: August 4, 2026

 

By: /s/ Alexander M. Woods-Leo

Alexander M. Woods-Leo

President and Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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