DATZ World Holdings Corp. Completes Merger; New CEO Appointed

What Happened

• DATZ World Holdings Corp. (formerly LeafBuyer Technologies, ticker LBUY) filed an 8‑K reporting that it completed the previously announced merger under the Merger Agreement dated Nov. 10, 2025, by which LB Acquisition Corp. merged into RagingBull.com, LLC and RagingBull became a wholly owned subsidiary. At closing the company issued 15,000,000 newly issued common shares to the RagingBull equityholders and implemented a reverse split of its common stock at a 1‑for‑156 ratio. After the closing (reported as of June 12, 2026) RagingBull holders beneficially own approximately 95% of the company. The parties expect the Merger to qualify as a tax‑free exchange under Section 368.
• The company’s board and prior officers resigned (including Kurt Rossner, Mark Breen, Michael Goerner, Jeff Rudolph and Kristin Baca) and Anthony Bell was appointed Chief Executive Officer, Treasurer, Secretary and Director.

Key Details

• Share/ownership: 15,000,000 shares issued to RagingBull holders; 15,641,482 total common shares outstanding as of June 12, 2026. Major holders post‑deal: Jeff Bishop ~9,750,000 shares (63.9%), Jason Bond LLC 3,750,000 (23.9%), Asset Development Strategies Corp. 1,500,000 (9.9%).
• Financing and debt exchange: Company repaid $750,000 in cash to certain lenders and issued two convertible promissory notes — MFA Holdings note for $627,296 and Jeff Bishop note for $364,582; notes bear 3% interest, 5‑year maturity, convertible into common stock at $0.05 per share (subject to adjustment).
• Series A preferred sale: Sellers (K. Rossner, M. Breen, M. Goerner) sold 324,327 shares of Series A Convertible Preferred Stock to Jeff Bishop for $1,000 (per Stock Purchase Agreement dated June 1, 2026).
• Spinoff: The company sold 100% of LB Media Group LLC to Foundation AI LLC for $750,000 in cash and assigned LB Media‑related loan obligations to LB Media.

Why It Matters

• Change of control and concentration: The merger and 15,000,000 share issuance shifted control to the RagingBull stakeholders, leaving ownership highly concentrated (top holder Jeff Bishop controls a majority). That can materially affect corporate strategy, governance and voting outcomes.
• Potential dilution and capital structure shifts: Convertible notes convertible at $0.05 per share and the Series A preferred sale to a major investor create potential future dilution if conversions or preferred conversions occur. Investors should watch conversion activity, future share counts and any adjustments to conversion terms.
• Business refocus and cash moves: The LB Media spinoff for $750,000 and debt repayments were used to reorganize operations and creditor claims around the new combined business. New management under Anthony Bell and the reconstituted board signals a strategic reset that investors should monitor via upcoming disclosures and financial statements.