Marvion Inc. 8-K

What Happened

• Marvion Inc. (MVNC) filed an 8‑K on Dec. 31, 2025 disclosing that on Dec. 30, 2025 it entered a Settlement and Share Issuance Agreement with Star Warehouse Engineering Limited. Under the agreement the company agreed to issue 15,816,576 shares of common stock to Ng Chun Man as full payment of United Warehouse Management Limited’s $3,950,000 debt to Star Warehouse. The per‑share price used was $0.0321, based on the seven‑day average closing price immediately before the agreement. The company’s Board approved the agreement on Dec. 30, 2025.

Key Details

• Agreement date and board approval: December 30, 2025.
• Shares to be issued: 15,816,576 common shares.
• Debt settled: $3,950,000 owed by United Warehouse Management Limited (a wholly owned subsidiary).
• Price per share for the settlement: $0.0321 (seven‑day average closing price before the agreement).

Why It Matters

• The company is settling a subsidiary’s debt by issuing equity rather than paying cash, which preserves cash but increases share count.
• Issuing 15.8 million shares at $0.0321 each may dilute existing shareholders and could affect per‑share metrics; investors should monitor total shares outstanding and future capital needs.
• The agreement and related details are filed as an exhibit to the 8‑K for investors who want the full legal terms.