Marwynn Holdings, Inc. 8-K

What Happened

• Marwynn Holdings, Inc. (MWYN) filed an 8‑K on Dec 23, 2025 announcing it completed the sale of its wholly owned subsidiary, Grand Forest Cabinetry Inc., to Reli Home Décor Inc. The Purchase Agreement was signed Oct 27, 2025 and the closing occurred Dec 22, 2025, when $550,000 in cash was paid and 100% ownership of Grand Forest (all 70,000 shares) was transferred to the buyer. The buyer is a privately held company focused on flooring and home remodeling products; Marwynn notes no known legal issues involving the buyer.

Key Details

• Sale price: $550,000 in cash, paid at closing (Dec 22, 2025).
• Assets sold: 100% of Grand Forest Cabinetry Inc. (all 70,000 shares).
• Buyer: Reli Home Décor Inc.; no material prior relationships with Marwynn other than transaction discussions.
• Corporate change: Marwynn filed a Certificate of Amendment (effective Dec 22, 2025) increasing authorized common stock from 45,000,000 to 500,000,000 shares (approved by majority stockholder via written consent; Info Statement on Schedule 14C filed Dec 1, 2025).

Why It Matters

• The company converted a non‑cash asset (its subsidiary) into $550,000 cash, which affects Marwynn’s business mix and available liquidity.
• Increasing authorized shares materially expands the company’s ability to issue equity in the future for financing, M&A, or other corporate purposes. Investors should note these are structural changes — the 8‑K does not disclose how proceeds will be used or any immediate dilution; review future filings for use of proceeds, balance sheet effects, or planned share issuances.