Zheng Dai - May 23, 2022 Form 4 Insider Report for WeTrade Group Inc. (WETG)

Role
Chairman of the Board, Director, 10%+ Owner
Signature
/s/ Zheng Dai
Stock symbol
WETG
Transactions as of
May 23, 2022
Transactions value $
$0
Form type
4
Date filed
12/6/2022, 03:30 PM
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WETG Common Stock Other $0 -81.8M -61.02% $0.00 52.3M Apr 13, 2022 Holding through Future Science and Technology Co. Ltd F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 13, 2022, Zheng Dai entered into that certain Share Exchange Agreement, pursuant to which the Company and Zheng Dai have cancelled 81,844,294 shares of Common Stock without any consideration. Upon completion of the transaction, the shares of Zheng Dai have been decreased from 134,134,584 shares to 52,290,290 shares as of May 23, 2022.

Remarks:

On April 13, 2022, Zheng Dai entered into that certain Share Exchange Agreement, pursuant to which Zheng Dai has cancelled 81,844,294 shares of Common Stock with no consideration. Upon completion of the transaction, the shares of Zheng Dai have been decreased from 134,134,584 shares to 52,290,290 shares as of May 23, 2022.