Sino Green Land Corp. 8-K
Research Summary
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Sino Green Land Corp. Announces $81.6K Private Placement
What Happened
Sino Green Land Corporation (SGLA) filed an 8-K on February 11, 2026 announcing it entered into and closed a private placement subscription agreement to sell 68,000 shares of its common stock at $1.20 per share for aggregate gross proceeds of $81,600. The Company said the shares were issued in reliance on exemptions from registration (Section 4(a)(2), Regulation D and/or Regulation S), with purchasers representing they are accredited investors or non‑U.S. persons. No underwriters were involved.
Key Details
- 68,000 shares of common stock sold at $1.20 per share; total proceeds $81,600.
- Offering closed on February 11, 2026.
- Sale relied on Section 4(a)(2)/Regulation D and/or Regulation S exemptions; purchasers certified accredited or non‑U.S. status.
- Company intends to use the proceeds for operating capital; sale was an unregistered private placement (Item 3.02).
Why It Matters
This filing reports a small, private capital raise that provides the company with $81,600 in operating cash. Because the offering was unregistered and sold to accredited or non‑U.S. investors, it was not a public offering and may have limited disclosure and liquidity effects; investors should note the increase in outstanding shares (68,000) and that the raise is intended for general operating needs rather than a larger strategic transaction.