Sino Green Land insider reports share split, exchange
Sino Green Land Corp. director and 10% owner Wo Kuk Ching reported two non-market restructuring transactions in the company’s common stock.
Rhea-AI Filing Summary
Sino Green Land Corp. director and 10% owner Wo Kuk Ching reported two non-market restructuring transactions in the company’s common stock. A 500-for-1 reverse stock split on November 21, 2022 reduced his beneficial ownership from 380,000,000 shares to 760,000 shares. On October 1, 2023, under a Share Exchange Agreement with Sunshine Green Land Corp. SGL, he acquired 56,122,222 shares of common stock. After these adjustments, he beneficially owns 56,122,222 shares, with both events reported under transaction code J for “other acquisition or disposition,” not as open-market buys or sells.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 56,122,222 | $0.001 | $56K |
| Other | Common Stock | 379,240,000 | $0.001 | $379K |
Footnotes (2)
- F1. On November 21, 2022, a 500-for-1 reverse stock split of the Issuer's common stock was effected. As a result, the reporting person's beneficial ownership of Common Stock decreased from 380,000,000 shares to 760,000 shares. Transaction Code J is used for this disposition.
- F2. On October 1, 2023, pursuant to a Share Exchange Agreement between the Issuer and Sunshine Green Land Corp. SGL, the reporting person acquired 56,122,222 shares of Common Stock. Transaction Code J is used for this acquisition. The reporting person's previously filed Form 3 (filed on October 28, 2021) reported 380,000,000 shares of Common Stock. Following the reverse split and the share exchange acquisition, the reporting person currently beneficially owns 56,122,222 shares of Common Stock.
Key Figures
Key Terms
reverse stock split financial
beneficial ownership financial
transaction code J regulatory
other acquisition or disposition regulatory
FAQ
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What insider transactions did Wo Kuk Ching report for Sino Green Land Corp. (SGLA)?
Did the Form 4 for Sino Green Land (SGLA) show open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.