4Filed Aug 3, 8:00 PM ET
Invech (IVHI) 10% Owner Woods-Leo Mackinze Sells Shares
$IVHI · Invech Holdings, Inc.Research Summary
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Invech (IVHI) 10% Owner Woods-Leo Mackinze Sells Shares
What Happened
- Woods-Leo Alexander Mackinze, a reported 10% owner of Invech Holdings, sold 88,000,000 shares of Common Stock and 300,000 shares of Series A Preferred Stock to an unaffiliated third-party purchaser. The sale closed August 3, 2026 (per a July 17, 2026 Stock Purchase Agreement) and the aggregate consideration was approximately $290k—allocated pro rata across the 88,300,000 shares, or roughly $0.0033 per share. Effective August 3, 2026, the reporting person resigned from all officer and director positions.
Key Details
- Transaction type: Sale (S)
- Dates: Stock Purchase Agreement dated July 17, 2026; transaction closed Aug 3, 2026 (reported on Form 4 filed Aug 4, 2026)
- Shares sold: 88,000,000 Common; 300,000 Series A Preferred
- Consideration: Aggregate ≈ $290,000 total; ≈ $0.0033 per share (pro rata allocation)
- Shares owned after transaction: 2,000,000 Common (now <10% of outstanding Common)
- Footnote: Series A Preferred is not convertible and was reported on Table I (per Rule 16a-1(c))
- Insider status: Following the sale and resignation, the reporting person is no longer subject to Section 16 reporting for the issuer
Context
- This was a negotiated private sale under a Stock Purchase Agreement that closed from escrow when closing conditions were met (and a change in control occurred). The size of the sale (large share volume) reflects the small per-share price; purchases of this nature are not the same signal as open-market buys by executives. The filing appears timely (filed the day after the closing).