White Knight Co., Ltd. - Mar 29, 2022 Form 4 Insider Report for WB Burgers Asia, Inc. (WBBA)

Role
10%+ Owner
Signature
Koichi Ishizuka, Chief Executive Officer
Stock symbol
WBBA
Transactions as of
Mar 29, 2022
Transactions value $
-$173,913
Form type
4
Date filed
6/29/2022, 01:42 PM
Previous filing
Mar 24, 2022
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBBA Common Stock Sale -$174K -870K -0.16% $0.20* 537M Mar 29, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 29, 2022, the largest controlling shareholder of WB Burgers Asia, Inc., White Knight Co., Ltd., a Japanese Company, owned and controlled by the sole officer and Director of WB Burgers Asia, Inc., Koichi Ishizuka, sold a total of 869,565 shares of restricted common stock of the issuer to a Japanese Citizen. The Shares were sold pursuant to Regulation S of the Securities Act of 1933, as amended.

Remarks:

Following the aforementioned transaction(s), White Knight Co., Ltd. now owns 537,117,659 shares of common stock in WB Burgers Asia, Inc. White Knight Co., Ltd. also remains the owner of 1,000,000 shares of Preferred Series A Stock of the issuer. Every share of Series A Preferred Stock has super voting rights that allows for 1,000 votes for every vote of Common Stock. White Knight Co., Ltd. remains the majority controlling shareholder of WB Burgers Asia, Inc.