Welcome to our dedicated page for Mag Magna SEC filings (Ticker: MGNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Mag Magna Corp (MGNC) SEC filings, offering insight into how the company reports its poultry farming technology and agricultural solutions business. Mag Magna Corp is identified in its filings as a Wyoming corporation and an emerging growth company, with operations linked to intelligent poultry farming systems, livestock automation, and antibiotic-free farming solutions.
Through this filings page, users can review annual reports (Form 10-K), quarterly reports (Form 10-Q), and current reports (Form 8-K) as they become available from the EDGAR system. For example, MGNC has filed notifications of late filing on Form NT 10-Q, explaining delays in completing financial statements for certain quarters. An 8-K filing dated December 29, 2025 details a change in the company’s independent registered public accounting firm, including the resignation of Mac Accounting Group & CPAs, LLP and the appointment of Boladale Lawal & Co.
Investors can use these documents to understand Mag Magna Corp’s corporate structure, accounting relationships, and compliance with periodic reporting requirements. Forms NT 10-Q outline the company’s reasons for delayed filings and its expectations for completing quarterly reports. Current reports on Form 8-K can highlight material events such as auditor changes and other significant corporate developments.
Stock Titan’s platform enhances these filings with AI-powered summaries that explain key sections in plain language, helping readers interpret complex disclosures. Users can quickly identify important items in 10-K and 10-Q reports, and review 8-K filings for notable changes affecting MGNC. Real-time updates from EDGAR ensure that new Mag Magna Corp filings, including any future Forms 4 related to insider transactions or proxy statements on executive matters, are added to this page as they are filed.
Mag Magna Corp. reported changes to its Board of Directors. On February 9, 2026, Director Michael D. Noonan resigned from the Board for personal reasons, effective immediately, while continuing to serve as Chief Financial Officer. The company stated his resignation did not involve any dispute or disagreement over its operations, policies, or practices.
The Board filled three existing vacancies by appointing Gonca Demir, an international business executive with healthcare and real estate experience, Daniel Marcus, a veteran financial markets and legal professional, and Nicholas Gregory, a founder and CEO in the cryptocurrency industry. Demir brings multi-jurisdictional operational experience, Marcus adds trading platform and regulatory expertise, and Gregory contributes digital asset and blockchain knowledge.
Mag Magna Corp. signed a purchase agreement to acquire mineral rights over 21 parcels in Illinois and three mining claims in Arizona. The agreed price is $300,000 in cash plus 2,000,000 common shares at a deemed $5.00 per share, for a total of $10.3 million. Cash will be paid in staged installments through the second anniversary of closing, and the seller keeps a 2% net smelter return royalty on future production. The company must spend at least $100,000 in 2026 and $200,000 in 2027 on exploration.
The board has shifted the company’s plan of business from chicken farming to acquiring and developing rare earth minerals, with all future capital directed to this strategy. Governance changes include issuing one Series X Preferred Share to majority holder Harpreet Sangha, expanding the board from one to three directors, appointing Jamal (Jamie) Khurshid and Michael D. Noonan as directors, and naming Khurshid as CEO/President/Secretary and Noonan as CFO/Treasurer. The company also adopted Amended and Restated Articles of Incorporation with broad indemnification for directors and officers and Amended and Restated Bylaws to update its governance framework.
Mag Magna Corp. reported a change in control and leadership. On December 24, 2025, Harpreet Sangha purchased 4,500,000 common shares from Wang Gang under a stock purchase agreement, giving him approximately 77.20% of the company’s outstanding common stock and voting control. The total purchase price was $415,000, with $240,000 paid in cash at closing and $175,000 via a secured promissory note due within 60 days and collateralized by the acquired shares.
In connection with the transaction, Wang Gang resigned as President, Chief Executive Officer, Treasurer, Secretary and Director. Harpreet Sangha became the company’s sole director and was appointed President, Chief Executive Officer, Treasurer and Secretary. The filing states there were 5,829,047 shares outstanding as of the date referenced, with Sangha owning the same 4,500,000 shares both as a principal shareholder and as the only officer and director.
Mag Magna Corp. filed its quarterly report for the period ended October 31, 2025, showing it has shifted away from poultry-farming consulting and is preparing to focus on acquiring and developing rare earth mineral properties. The company reported no revenue for the six months ended October 31, 2025, compared with $21,334 a year earlier, and a net loss of $97,714, widening its accumulated deficit to $218,738. Total assets were $113,090, mainly prepaid expenses and intangible assets, against liabilities of $157,102, leaving a stockholders’ deficit of $44,012. Management states there is substantial doubt about the company’s ability to continue as a going concern and plans to rely on future financing and stock issuances. Subsequent events include two changes in control, authorization of 500,000,000 common and 1,000,000 preferred shares, creation of a super-voting Series X Preferred Stock, issuance of one Series X share to the new controlling shareholder, and a $300,000 cash plus 2,000,000-share mineral rights purchase agreement with required exploration spending in 2026 and 2027.
Mag Magna Corp. reported a change in its independent registered public accounting firm. On November 14, 2025, Mac Accounting Group & CPAs, LLP resigned as the company’s auditor, after having served for the fiscal years ended April 30, 2025 and 2024 and reviewing the quarter ended July 31, 2025. The company states there were no disagreements with Mac Accounting Group on accounting principles, financial statement disclosures, or audit procedures, and no reportable events as defined under SEC rules.
On December 2, 2025, the company appointed Boladale Lawal & Co. as its new independent registered public accounting firm. Mag Magna Corp. indicates it did not previously consult Lawal & Co. on specific accounting treatments, potential audit opinions, or matters involving disagreements or reportable events. A confirming letter from Mac Accounting Group agreeing with the company’s description of the circumstances is included as an exhibit.
Mag Magna Corp. (MGNC) filed its Q1 FY2026 10‑Q for the quarter ended July 31, 2025. The company reported $0 revenue and a net loss of $90,425 versus a $14,026 loss a year ago, driven by higher general and administrative expenses of $90,425 (vs. $19,321). Management disclosed “substantial doubt” about the company’s ability to continue as a going concern.
Total assets were $120,379 (mainly $111,034 in intangible assets), liabilities were $157,102, and stockholders’ deficit was $36,723. Cash was reported as $0; operating cash use was $66,507, funded by net related‑party advances of $66,507.
On June 4, 2025, control changed hands: Wang Gang acquired 4,500,000 shares for $564,380.50 (about 77.20% of outstanding) and additional 142,372 shares for $17,846.50. A $137,000 related‑party loan forgiveness increased additional paid‑in capital. The company’s disclosure controls and procedures were deemed not effective. Common shares outstanding were 5,829,047 as of November 13, 2025.