8-KFiled Sep 16, 8:00 PM ET
CXJ GROUP CO., Ltd Sells 124,000 Unregistered Shares, Raises $72.9K
$ECXJ · CXJ GROUP CO., LtdResearch Summary
AI-generated summary of this SEC filing
CXJ GROUP CO., Ltd Sells 124,000 Unregistered Shares, Raises $72.9K
What Happened
- CXJ GROUP CO., Ltd (ECXJ) filed an 8-K on September 17, 2026 (Item 3.02) announcing a private subscription agreement with purchaser Suwen Wang. Under the agreement the company issued and sold an aggregate of 124,000 shares of its common stock at $0.588 per share, generating net proceeds of $72,912 that were delivered to the company for working capital.
Key Details
- Purchaser: Suwen Wang.
- Shares issued: 124,000 shares of common stock (par value $0.001 per share).
- Price and proceeds: $0.588 per share; net proceeds of $72,912 to the company.
- Filing: The Subscription Agreement was filed as an exhibit to the Form 8-K.
Why It Matters
- The filing documents a small private capital raise that provides immediate working capital to the company.
- Because the shares were sold in an unregistered transaction, they increase the company’s issued common stock outside a public offering; investors should be aware of the additional shares outstanding and can review the filed Subscription Agreement for full terms.