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My City Builders (MYCB) 8-K Filings

MYCB OTC

Here are the 8-K filings from My City Builders Inc (MYCB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

An 8-K covers material events a company has to report between its quarterly reports, so if you follow MYCB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MYCB filings page.

Rhea-AI Summary

My City Builders, Inc. reported that on December 1, 2025 it completed a private placement of 1,650,000 shares of common stock. The shares were sold at $0.05 per share, providing the company with gross proceeds of $82,500, all of which has been received by the company.

The sale was conducted as an unregistered offering under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D to two accredited investors. The investors confirmed they were accredited and acquiring the shares for investment purposes, and there was no general solicitation or advertising. The shares are issued as restricted securities under Rule 144, limiting their resale, and no underwriting discounts or commissions were paid in connection with the transaction.

Rhea-AI Summary

My City Builders, Inc. entered a related‑party Asset Purchase Agreement to acquire 4 acres in Glencoe, Alabama in exchange for a secured promissory note of $350,000 at 9.5% interest with a 3‑year term, with principal and interest due on October 30, 2028. The seller, RAC Gadsden, LLC, is wholly owned within the RAC structure that owns 98.5% of the Company and is managed by Company officers/directors, highlighting affiliate involvement.

The Company plans up to 25 multi‑family units in three phases, starting with an 8‑unit duplex development. If construction of the duplex does not begin within one year of the closing date, it constitutes an Event of Default that may trigger immediate payment of all amounts due or a return of the property to the seller. The Company also reported it is no longer a “shell company” under Rule 12b‑2.