Rocky Mountains Group control shifts to Ya Deng
Rocky Mountains Group Ltd (RMGL) reports a change in control and leadership.
Rhea-AI Filing Summary
Rocky Mountains Group Ltd (RMGL) reports a change in control and leadership. On August 20, 2026, Ya Deng purchased 19,300,000 common shares of the company at $0.015 per share from Zonghan Wu under a Stock Purchase Agreement. Following this transaction, Ya Deng holds approximately 83.2% of the voting rights on a fully diluted basis, becoming the new controlling shareholder.
On the same date, former sole officer and director Zonghan Wu resigned from all positions, and Ya Deng was appointed President, Chief Executive Officer, Secretary, Treasurer, and Director, consolidating both ownership and management control.
Positive
- None.
Negative
- None.
Filing Explained
Beyond the reported control and leadership changes, the company states that no other arrangements or understandings exist between the former and new control persons and their associates concerning director elections or other company matters.
8-K Event Classification
2 items: 5.01, 5.02
2 items
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.
Key Figures
Shares purchased: 19,300,000 shares
Purchase price per share: $0.015 per share
Par value per share: $0.0001 per share
+2 more
5 metrics
Shares purchased
19,300,000 shares
Common shares of RMGL purchased by Ya Deng from Zonghan Wu
Purchase price per share
$0.015 per share
Consideration paid for each RMGL common share in the Stock Purchase Agreement
Par value per share
$0.0001 per share
Par value of RMGL common shares referenced in the transaction
Voting rights acquired
83.2%
Approximate voting rights held by Ya Deng on a fully diluted basis after the purchase
Closing date
August 20, 2026
Date the Stock Purchase Agreement closed and management changes became effective
Key Terms
Change in Control, fully-diluted basis, par value, Emerging Growth Company
4 terms
Change in Control regulatory
"Item 5.01 Changes in Control of Registrant On August 20, 2026"
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.
fully-diluted basis financial
"approximately 83.2% holder of the voting rights... on a fully-diluted basis"
A fully-diluted basis is a way of counting a company's outstanding shares that includes not only shares already issued but also all shares that could be created from options, warrants, convertible debt, restricted stock units, and other rights. For investors, it shows what ownership percentages and per-share numbers (like earnings or valuation) would look like if every potential share were converted or exercised, similar to counting every possible slice of a pie, not just the slices already served.
par value financial
"Common Shares, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Emerging Growth Company regulatory
"Emerging Growth Company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What change in control did RMGL announce on August 20, 2026?
Rocky Mountains Group Ltd disclosed that Ya Deng acquired control by purchasing 19,300,000 common shares from Zonghan Wu, resulting in ownership of about 83.2% of the voting rights on a fully diluted basis.
What percentage of RMGL’s voting rights does Ya Deng now control?
After the share purchase, Ya Deng controls approximately 83.2% of the voting rights of RMGL on a fully diluted basis. This level of ownership makes Ya Deng the new controlling shareholder of the company.
What management changes accompanied the RMGL control transaction?
On August 20, 2026, Zonghan Wu resigned as Director, President, CEO, Secretary, and Treasurer. On the same date, Ya Deng was appointed President, Chief Executive Officer, Secretary, Treasurer, and Director of RMGL.
Is Rocky Mountains Group Ltd currently listed on a securities exchange?
RMGL reports that its securities registered under Section 12(b) show N/A for title, trading symbol, and exchange. This indicates there is no class of securities listed on a national securities exchange under Section 12(b).
AI-generated analysis. How Rhea-AI works. Not financial advice.
