4//SEC Filing
Force International Holdings Ltd 4
Accession 0001753571-18-000003
CIK 0001634293other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 2:39 PM ET
Size
14.5 KB
Accession
0001753571-18-000003
Insider Transaction Report
Form 4
Force International Holdings Ltd
10% Owner
Transactions
- Other
Common Shares
2016-10-28+16,657,300→ 17,134,000 total(indirect: See Footnote 4) - Sale
Common Shares
2016-04-01$0.00/sh−140,000$280→ 19,860,000 total(indirect: See Footnote 1) - Sale
Common Shares
2017-07-07$0.02/sh−2,240,000$38,080→ 14,894,000 total(indirect: See Footnote 5) - Sale
Common Shares
2018-09-26$0.00/sh−14,894,000$25,320→ 0 total(indirect: See Footnote 6) - Sale
Common Shares
2016-08-09$0.10/sh−3,300$330→ 19,856,700 total(indirect: See Footnote 2) - Other
Common Shares
2016-10-28−19,000,000→ 856,700 total(indirect: See Footnote 3)
Footnotes (6)
- [F1]Force International Holdings Ltd., ("Force Holdings" or the "Reporting Person") at the time of the transaction reported was a 100% owner of e-Learning Laboratory Co., Ltd. ("e-Learning"), which at the time of the transaction reported, was a 74.5% owner of the Issuer.
- [F2]The Reporting Person's indirect ownership was reduced when e-Learning sold 3,300 of its common shares of the Issuer to unrelated parties.
- [F3]On October 28, 2016, the Issuer, with the approval of its Board of Directors and majority shareholders, authorized the cancellation of 19,000,000 shares of common stock of the Issuer owner by e-Learning. e-Learning consented to the cancellation.
- [F4]One October 28, 2016, the Issuer authorized a 1:20 forward split of its shares of common stock.
- [F5]e-Learning sold 2,240,000 of its shares of common stock of the Issuer reducing the Reporting Person's indirect ownership to 14,894,000 common shares.
- [F6]On September 26, 2018, Force Internationale Ltd., the wholly owned parent of the Reporting Person entered into a Share Purchase Agreement with the Reporting Person's wholly owned subsidiary, e-Learning. Under this Share Purchase Agreement, e-Learning transferred its 14,894,000 shares of common stock of the Issuer to Force Internationale Ltd. As consideration for the transfer, Force Internationale Ltd. paid $26,000.00 to e-Learning.
Documents
Issuer
Exceed World, Inc.
CIK 0001634293
Entity typeother
IncorporatedHong Kong
Related Parties
1- filerCIK 0001753569
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 2:39 PM ET
- Size
- 14.5 KB