Welcome to our dedicated page for Neolara SEC filings (Ticker: NELR), 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.
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Neolara Corp. reported a change in control and executive leadership. The previous CEO, director and majority shareholder sold 2,000,000 shares of Common Stock, representing approximately 63% of the issued and outstanding shares, to Cao Wei, giving Mr. Cao the ability to unilaterally control board elections and other shareholder matters. The prior CEO resigned from all executive and board positions. Effective the same day, Cao Wei was appointed Chief Executive Officer, Chief Financial Officer, Secretary and sole Director.
Neolara Corp. reported limited operating scale with $20,719 in current assets and a reported net loss of $23,688 for the year ended June 30, 2025. The company shows a stockholders' deficit of $(23,343) and a net decrease in cash and cash equivalents of $28,311, reflecting cash outflows during the period. Management issued 1,127,000 shares of common stock for proceeds totaling $33,810, and intangible assets are being amortized with annual amortization expense of $2,750. Related-party borrowings include a non-interest-bearing, demand loan of $90,713. The filing discloses material internal control weaknesses over cash and information technology and notes no identified cybersecurity incidents that materially affected the business. Overall, the company has limited working capital and has not established stable revenue sufficient to cover ongoing operating costs.