Leung Tin Lung David - 13 Apr 2021 Form 4 Insider Report for New Momentum Corp. (NNAX)

Signature
/s/ Leung Tin Lung David
Issuer symbol
NNAX
Transactions as of
13 Apr 2021
Net transactions value
$0
Form type
4
Filing time
17 Oct 2022, 21:59:15 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNAX Common Stock Disposed to Issuer -169,000,000 -70% 70,813,213 13 Apr 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NNAX Series A Preferred Stock Other $0 +1 $0.000000 1 13 Apr 2021 Common Stock 1 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 13, 2021, the Company entered into a Stock Purchase Agreement (the "Agreement") with Leung Tin Lung David, pursuant to which the Company sold to Mr. Leung one share of Series A Preferred Stock in exchange for 169,000,000 shares of common stock of the Company. The Company subsequently canceled and returned to its authorized capital stock the 169,000,000 shares of common stock purchased from Mr. Leung. The Agreement was approved by the Board of Directors in accordance with Rule 16-3(e).
F2 N/A