Marvion Inc. filings document material-event disclosures for a Nevada corporation with common stock reported under symbol MVNC. Recent Form 8-K reports cover stock purchase agreements, settlement and share issuance agreements, debt-to-equity conversions, and changes to the company’s equity capitalization.
The filings describe financing and balance-sheet actions involving common stock issuances, including investor stock purchases, equity settlement of obligations related to United Warehouse Management Limited, and conversion of company debt owed to its sole officer and director. The records also disclose registered security information, transaction exhibits, governance context, and subsidiary-related obligations within Marvion’s logistics and warehousing operating structure.
Marvion Inc. (MVNC) has obtained written consent from holders of approximately 86.42% of its voting power to approve several major corporate actions without a stockholder meeting. The company will implement a 1‑for‑100 reverse stock split of its issued and outstanding common stock, followed by a reduction of authorized capital from 300,000,000,000 shares (270,000,000,000 common; 30,000,000 preferred) to 1,000,000,000 shares (970,000,000 common; 30,000,000 preferred). The company also plans to change its name to United KSK Corporation and adopt the 2026 Stock Incentive Plan reserving 590,000 shares plus an evergreen increase feature. One director, Chan Sze Yu, is elected to the board, and advisory say‑on‑pay and say‑on‑frequency votes are approved, though no meeting will be held because the written consents already satisfy Nevada law and Exchange Act requirements.
Marvion Inc. is implementing several major corporate actions approved on August 11, 2026 by its board and holders of approximately 86.42% of voting power. The company will effect a 1‑for‑100 reverse stock split of its outstanding common stock, reducing issued shares while keeping par value and relative ownership percentages the same, aside from fractional-share treatment.
Immediately around the reverse split, authorized capital will be cut from 300,000,000,000 shares (270,000,000,000 common, 30,000,000 preferred) to 1,000,000,000 shares (970,000,000 common, 30,000,000 preferred). Marvion will also change its name to United KSK Corporation and adopt the 2026 Stock Incentive Plan, initially reserving 590,000 common shares with an automatic annual increase of up to 2.5% of shares outstanding, as determined by the board.
Control is highly concentrated: as of August 11, 2026, Young Chi Kin Eric and Chan Sze Yu together represented voting power equivalent to 2,032,770,282 common shares, sufficient to approve all actions by written consent. The company discloses unsecured, non‑interest‑bearing advances from these insiders, earnout-related share issuances to them, and that its sole director and CEO received cash compensation of $12,475 in 2025. The board currently has no independent directors, no audit or compensation committees, and has not yet adopted a code of ethics.
Marvion Inc. is a Nevada holding company whose logistics, warehousing and financial consulting operations are conducted through wholly owned subsidiaries in Hong Kong and the British Virgin Islands, so investors hold stock in the U.S. parent and rely on cash transfers from these subsidiaries. The company highlights extensive legal and regulatory risks tied to doing business in Hong Kong and potential PRC oversight, including possible future approval requirements, currency controls, data-security rules and the HFCAA framework, any of which could impair operations, foreign investment and the trading or value of its securities.
For the quarter and six months ended June 30, 2026, Marvion generated net revenues of $1.05M and $1.86M, up from $0.89M and $1.53M in 2025, with net income of $97,282 and $174,891. Operating cash flow improved to $512,412. However, the balance sheet shows total liabilities of $8.76M, a shareholders’ deficit of $3.41M, and a working capital deficit of $3.89M, leading management to disclose substantial going concern uncertainty and dependence on shareholder support, external borrowings and additional financing.
Marvion Inc. reported a profitable quarter for the three months ended March 31, 2026, while still operating with a substantial shareholders’ deficit and going concern uncertainties. Revenue rose to $803,742 from $641,023 a year earlier, driven mainly by its Hong Kong supply chain segment, which provides logistics and warehousing services.
Net income increased to $77,609 compared with $6,977 in the prior-year quarter, and operating cash flow improved to $374,329. Cash and cash equivalents were $727,304, versus total liabilities of $8,978,591, leaving a shareholders’ deficit of $3,510,719.
The company highlights significant legal and regulatory risks tied to its structure as a Nevada holding company with operations in Hong Kong and the British Virgin Islands, including potential PRC policy shifts, currency controls, and tax exposure. It has made no dividends or cash transfers with subsidiaries to date and does not expect to pay dividends in the foreseeable future. Management acknowledges a working capital deficit and dependence on shareholder support and future financing to remain a going concern.
Marvion Inc. (MVNC), a Nevada holding company with operating subsidiaries in Hong Kong and the British Virgin Islands, reports strong growth in its logistics, warehousing, consulting and solar power businesses for the year ended December 31, 2025.
Group revenue reached $3,471,329 with net income of $345,083, compared with 2024 revenue of $1,544,108 and a net loss of $733,633, showing a shift to profitability. The company ended 2025 with $762,322 in net cash, current assets of $1,260,904 and current liabilities of $5,435,649, highlighting liquidity pressure despite improved results.
Operations center on Hong Kong logistics and warehousing through UWMC and its subsidiaries, plus business consulting and solar power sales that generate HKD 150,000 per quarter through 2033. The filing details extensive legal, regulatory, tax, foreign exchange and PRC/Hong Kong policy risks, as well as dependence on a few major customers and significant control by preferred shareholders.
Marvion Inc. entered into two stock purchase agreements on January 2, 2026. Under these agreements, Kwok Ho Luen agreed to buy $150,000 of common stock and Chan So Yin agreed to buy $200,000 of common stock at $0.0308 per share, the five-day average closing price on and before December 30, 2025.
Based on this price, Kwok is expected to purchase 4,870,130 shares and Chan 6,493,506 shares of Marvion’s common stock. The agreements are attached as exhibits and together represent a committed equity investment at a market-based pricing reference.
Marvion Inc. entered into a Settlement and Share Issuance Agreement with Star Warehouse Engineering Limited. The company agreed to issue 15,816,576 shares of its common stock to Ng Chun Man as “Settlement Shares” at a price of $0.0321 per share. These shares are being issued as full payment of a $3,950,000 debt owed by United Warehouse Management Limited, a wholly owned subsidiary of Marvion, to Star Warehouse.
The per-share price was based on the seven-day average closing price of Marvion’s common stock immediately before the agreement date. The company’s Board of Directors approved the agreement on December 30, 2025, and the full contract is included as an exhibit for reference.
Marvion Inc. disclosed that it entered into a Stock Purchase Agreement with investor Mak Pak Fai Ray on December 16, 2025. Under this agreement, the investor will purchase $200,000 of Marvion’s common stock at a price of $0.0268 per share, which is described as the average closing price for the prior 15 trading days through December 15, 2025. This transaction provides new cash to the company in exchange for newly issued common shares under a negotiated agreement with a single investor.
Marvion Inc. entered into a Debt to Equity Conversion Agreement with its sole officer and director, Chan Sze Yu. The company agreed to issue 14,992,504 shares of common stock at a price of $0.03335 per share to Mr. Chan. In exchange, Marvion will fully settle its outstanding debt obligation of $500,000 owed to him. The per share price was based on the fifteen-day average closing price of the common stock immediately before the agreement date. The company’s Board of Directors approved this conversion on December 1, 2025.
Marvion Inc. (MVNC) reported strong top-line growth and a modest profit. Q3 2025 revenue was $948,104 versus $390,275 a year ago, lifting gross profit to $391,360. The quarter posted net income of $5,098 compared with a prior-year loss. For the nine months, revenue reached $2,478,895 (vs. $1,019,593) and net income was $119,876 (vs. a loss of $300,458).
The balance sheet remains highly leveraged. Total liabilities were $10,253,447 against assets of $4,898,465, resulting in a shareholders’ deficit of $5,354,982. Cash was $397,864. During 2025, the company issued 31,430,316 common shares to settle consultancy fees, adding $562,603 to additional paid-in capital. Related-party financing was significant, with amounts due to a director of $1,500,363 and to a shareholder of $1,204,156. The earn-out payable increased to $2,000,000. Operating cash flow was $99,343, while investing used $826,413; financing provided $788,965.
The company operates in Hong Kong through subsidiaries and highlights regulatory and structural risks tied to Hong Kong/PRC policies. As of November 12, 2025, common shares outstanding were 340,389,151.