White Knight Co., Ltd. - 04 Oct 2022 Form 4 Insider Report for WB Burgers Asia, Inc.

Role
10%+ Owner
Signature
Koichi Ishizuka, Chief Executive Officer
Issuer symbol
N/A
Transactions as of
04 Oct 2022
Net transactions value
-$6,944
Form type
4
Filing time
06 Oct 2022, 10:43:40 UTC
Previous filing
08 Jul 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBBA Common Stock Sale $3,472 -3,472,222 -0.65% $0.001000* 533,645,437 04 Oct 2022 Direct F1
transaction WBBA Common Stock Sale $3,472 -3,472,222 -0.65% $0.001000* 530,173,215 04 Oct 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 4, 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 3,472,222 shares of restricted common stock of the issuer, respectively, to two separate Japanese Citizens. The total amount of shares sold was 6,944,444 shares of restricted common stock. 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 530,173,215 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.