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Londax Corp (LDXC) change in control gives Alpha 90% stake

(Very High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Londax Corp. reported a change in control after Alpha Investment Inc. consummated the acquisition of 2,002,035 shares of its common stock on July 13, 2026, giving Alpha beneficial ownership of approximately 90% of the issued and outstanding shares and effective control over board elections and stockholder decisions.

In anticipation of this closing, former sole officer and director Giorgi Loloshvili resigned effective June 29, 2026, and Jon S. Cummings IV was appointed Chief Executive Officer, Treasurer, Secretary, and sole director in connection with the transaction. Effective July 13, 2026, Londax relocated its principal executive offices from Limassol, Cyprus to Cincinnati, Ohio.

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Filing Explained

The ownership transfer is closed after final cash payment; the incoming executive had no disclosed compensation arrangement with Londax at appointment.

On July 13, 2026, the filing states that Alpha received the final cash installment and completed the acquisition, leaving it with approximately 90% ownership and control over board elections and substantially all stockholder votes.

The purchase price was paid entirely in cash through installments that began on March 9, 2026; the filing does not disclose the aggregate dollar consideration.

At the time of Jon S. Cummings IV’s appointment, Londax reported no compensatory plan, contract, or arrangement with him, and no family relationship or transaction requiring disclosure under Item 404(a).

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 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Shares acquired by Alpha 2,002,035 shares of common stock Aggregate Londax common shares acquired under Stock Purchase Agreements closing on July 13, 2026
Post-closing ownership approximately 90% of issued and outstanding common stock Beneficial ownership of Londax common stock by Alpha Investment Inc. immediately following closing
Management transition date June 29, 2026 Date when Giorgi Loloshvili resigned and Jon S. Cummings IV was appointed to all officer and director roles
CEO age 57 years Age of newly appointed Chief Executive Officer Jon S. Cummings IV
Commercial construction experience approximately seventeen years Mr. Cummings’ prior experience in commercial construction management before founding Omega Commercial Finance Corporation
change in control regulatory
"consummation of the change in control transaction described in Item 5.01"
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.
beneficially owned regulatory
"Immediately following the closing, Alpha beneficially owned approximately 90% of the Company’s issued"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
principal executive offices regulatory
"relocated its principal executive offices and the location of its corporate books"
structured finance financial
"engaged in structured finance, commercial real estate finance, and capital markets"
Structured finance is a way of turning a group of financial assets — like loans, mortgages, or receivables — into new investment products by pooling them together and slicing that pool into pieces with different levels of risk and return. For investors, it matters because these products can offer higher yields or tailored risk exposure than plain stocks or bonds, but they can also hide complexity and sensitivity to the underlying assets’ performance, so understanding what you own is key.

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

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FAQ

What change in control did Londax Corp (LDXC) disclose?

Londax Corp disclosed that Alpha Investment Inc. acquired 2,002,035 shares of its common stock, resulting in Alpha beneficially owning approximately 90% of outstanding shares and obtaining effective control over board elections and major stockholder decisions.

How many Londax Corp (LDXC) shares did Alpha Investment Inc. acquire and from whom?

Alpha acquired 2,002,035 common shares of Londax Corp under Stock Purchase Agreements with Giorgi Loloshvili, the former sole officer, sole director, and principal shareholder, together with certain minority shareholders, completing the transaction on July 13, 2026.

Who is the new CEO and director of Londax Corp (LDXC)?

Jon S. Cummings IV, age 57, became Chief Executive Officer, Treasurer, Secretary, and sole director. He also serves as Chairman and CEO of Alpha Investment Inc. and is founder, Chairman, and CEO of Omega Commercial Finance Corporation.

When did the management transition at Londax Corp (LDXC) occur?

Former sole officer and director Giorgi Loloshvili resigned and Jon S. Cummings IV was appointed to all officer and director roles effective June 29, 2026, with these changes made pursuant to and contingent on the change-in-control transaction that closed on July 13, 2026.

Where are Londax Corp’s (LDXC) principal executive offices now located?

Effective July 13, 2026, Londax Corp’s principal executive offices and corporate books and records moved from Limassol, Cyprus to 201 East Fifth Street, Suite 1900, Cincinnati, Ohio 45202, aligning the registered office with the new controlling shareholder’s U.S. base.

What level of ownership did Alpha achieve in Londax Corp (LDXC)?

Immediately after closing on July 13, 2026, Alpha Investment Inc. beneficially owned approximately 90% of Londax Corp’s issued and outstanding common stock, giving Alpha the ability to control director elections and substantially all matters submitted to stockholders.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

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): July 13, 2026

 

LONDAX CORP.
.(Exact name of registrant as specified in its charter)

 

Wyoming   333-274140   35-2807931
(State or other jurisdiction
of incorporation)
  (Commission File Number)  

(IRS Employer

Identification No.)

 

201 E. Fifth Street, Suite 1900

Cincinnati, Ohio

  45202
(Address of principal executive offices)   (Zip Code)
     
Registrant’s telephone number, including area code (513) 766-9313

 

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 (see General Instruction A.2. below):

 

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 Symbols(s)   Name of each exchange on which registered
N/A   N/A   NA

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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

 

On July 13, 2026 (the “Effective Date”), Alpha Investment Inc. (“Alpha”) consummated the acquisition of an aggregate of 2,002,035 shares of the Company’s common stock pursuant to a series of Stock Purchase Agreements entered into with Giorgi Loloshvili, the Company’s former sole officer, sole director, and principal shareholder, together with certain minority shareholders.

 

The aggregate purchase price for the shares was paid entirely in cash through a series of installment payments beginning on March 9, 2026, with the final cash payment made on July 13, 2026. Upon receipt of the final payment and completion of the transaction, the acquisition closed on the Effective Date.

 

Immediately following the closing, Alpha beneficially owned approximately 90% of the Company’s issued and outstanding common stock. As a result of such ownership, Alpha obtained the ability to control the election of the Company’s Board of Directors and the outcome of substantially all matters submitted to the Company’s stockholders for approval.

 

In anticipation of the closing of the Stock Purchase Agreements and to facilitate an orderly transition of management, effective June 29, 2026, Giorgi Loloshvili resigned as the Company's sole officer and sole director, and Jon S. Cummings IV was appointed Chief Executive Officer, Treasurer, Secretary, and sole Director of the Company. Although these management changes became effective on June 29, 2026, they were made pursuant to and in furtherance of the Stock Purchase Agreements and were contingent upon the consummation of the change-of-control transaction, which became effective upon the closing on July 13, 2026.

 

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS

 

The information set forth under Item 5.01 is incorporated herein by reference.

 

Effective July 13, 2026, simultaneously with the consummation of the change in control transaction described in Item 5.01, Jon S. Cummings IV was appointed Chief Executive Officer, Treasurer, Secretary, and sole Director of the Company.

 

Mr. Cummings, age 57, currently serves as Chairman and Chief Executive Officer of Alpha Investment Inc., a publicly traded company engaged in structured finance, commercial real estate finance, and capital markets activities. Since September 2025, he has been responsible for Alpha’s corporate management, strategic planning, regulatory reporting, financing activities, and capital markets initiatives.

 

Mr. Cummings is also the founder, Chairman, and Chief Executive Officer of Omega Commercial Finance Corporation, which he established in 2008. During his tenure, he has overseen commercial lending, structured finance transactions, mergers and acquisitions, and public company operations.

 

Prior to founding Omega Commercial Finance Corporation, Mr. Cummings spent approximately seventeen years in commercial construction management, where he held leadership positions involving project management, commercial real estate development, financing coordination, and construction operations.

 

 

 

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The Company believes that Mr. Cummings’ extensive executive leadership, public company management, structured finance, and capital markets experience qualifies him to serve as a director and executive officer of the Company.

 

At the time of his appointment, Mr. Cummings had not entered into any compensatory plan, contract, or arrangement with the Company in connection with his appointment as an executive officer or director.

 

Mr. Cummings has no family relationship with any director or executive officer of the Company and is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.

 

ITEM 8.01. OTHER EVENTS

 

Change of Principal Executive Offices

 

Effective July 13, 2026, the Company relocated its principal executive offices and the location of its corporate books and records from:

 

Yiangou Potamiti 27
Limassol, Cyprus 3010

 

to:

 

201 East Fifth Street, Suite 1900
Cincinnati, Ohio 45202.

 

 

 

 

 

 

 

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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.

 

  Londax Corp.
     
Date: July 17, 2026 By: /s/ Jon S. Cummings IV
    Jon S. Cummings IV
    Chief Executive Officer, Treasurer, Secretary, and Director

 

 

 

 

 

 

 

 

 

 

 

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Filing Exhibits & Attachments

3 documents