IMA Tech 8-K

What Happened

• IMA Tech (IMAA) filed an 8-K (Items 5.01 and 5.02) reporting a change in control effective June 17, 2026. On that date Inderjit Mangat acquired 1,500,000 shares (approximately 57.47% of the 2,609,878 shares outstanding) from Wang Hui under a stock purchase agreement and was appointed the Company’s sole director and sole officer (President, CEO, Treasurer and Secretary).
• Consideration totaled $300,000: $75,000 paid in cash and a secured promissory note for $225,000 delivered at closing (payable $112,500 on July 15, 2026 and $112,500 on August 15, 2026). The Control Shares are pledged as security in favor of Wang Hui.

Key Details

• Control Shares acquired: 1,500,000 shares (57.47% of outstanding common stock).
• Purchase price: $300,000 total — $75,000 cash + $225,000 secured note (two equal installments July 15 and Aug 15, 2026).
• Governance change: Wang Hui resigned as Sole Director and all officer roles; Inderjit Mangat, age 65, appointed Sole Director and Sole Officer effective June 17, 2026.
• Security: The acquired Control Shares are pledged to the seller (Wang Hui) as collateral for the secured note.

Why It Matters

• This filing documents a clear change in control and management: a new majority owner now holds voting control and serves as the company’s sole director and officer, which can materially affect corporate strategy, operations and disclosures.
• The payment structure and pledge mean the seller retains security interest in the Control Shares until the secured note is satisfied, a detail investors should note when assessing near-term governance or ownership risk.
• Investors should watch for follow-up filings (e.g., related-party transactions, business plan updates, equity issuances or further management changes) that will provide more detail on the new owner’s plans and any impact on shareholder value.