Londax Corp. Reports Change in Control; New CEO Appointed

What Happened

• Londax Corp. (OTC: LDXC) filed an amended Form 8‑K/A reporting a change in control: Alpha Investment Inc. purchased 2,002,035 shares of the Company's common stock, with payments made in tranches starting March 9, 2026 and a final payment/closing on July 13, 2026. As a result, Alpha Investment holds approximately 76% of issued and outstanding shares and can unilaterally control board elections and shareholder matters.
• Effective June 29, 2026, former sole officer and director Giorgi Loloshvili resigned. Directors Mariami Togonidze and Ani Vashakidze also resigned. Following these resignations, Jon S. Cummings IV was appointed Chief Executive Officer, Treasurer, Secretary and Sole Director.
• The Company also changed its principal address and books & records location from Limassol, Cyprus to 201 E. Fifth St., Suite 1900, Cincinnati, OH 45202, effective July 13, 2026.

Key Details

• Shares sold: 2,002,035 common shares to Alpha Investment Inc.
• Ownership post-transaction: Alpha Investment holds ~76% of outstanding common stock.
• Transaction timing: tranches began March 9, 2026; final payment/closing deemed July 13, 2026.
• Leadership changes: Giorgi Loloshvili resigned (effective June 29, 2026); Jon S. Cummings IV appointed CEO/Treasurer/Secretary and Sole Director.

Why It Matters

• A change in control and ~76% ownership by Alpha Investment gives the new majority holder the power to control the board, approve shareholder matters, and direct corporate strategy — material governance and control changes for investors.
• The appointment of a new sole director and CEO means management and oversight will be consolidated under Jon S. Cummings IV; investors should monitor forthcoming disclosures (board composition, executive plans, related-party arrangements, and any strategy updates).
• The company’s relocation of its principal address and records to Cincinnati may affect investor communications and filings; note the filing was an amended 8‑K correcting the original report.