Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PSGI | Common Stock | Sale | -$3.38M | -8.46B | -84.56% | $0.00* | 1.54B | Sep 8, 2023 | Direct |
On or about July 30, 2023, White Knight Co., Ltd., a Japanese Company, entered into an agreement with WeCapital Co., Ltd., a Japanese Company, whereas WeCapital Co., Ltd., agreed to purchase, from White Knight Co., Ltd., 8,456,000,000 shares of the Common Stock of the Issuer in exchange for approximately $3,703,704. White Knight Co., Ltd. is owned and controlled by Koichi Ishizuka. On or about September 8, 2023, the aforementioned transaction was recorded by the Company's transfer agent. This transaction resulted in a change in control of the Issuer. WeCapital Co., Ltd. is now the largest controlling shareholder of the Issuer, holding approximately 79.98% of the voting control of the Issuer. Following the above transaction, White Knight Co., Ltd., retains 1,544,000,000 shares of the Company's Common Stock. The aforementioned sale of shares was conducted pursuant to Regulation S of the Securities Act of 1933, as amended ("Regulation S"). The sale of shares was made only to non-U.S. persons (as defined under Rule 902 section (k)(2)(i) of Regulation S), pursuant to offshore transactions, and no directed selling efforts were made in the United States by the issuer or any party, a distributor, any of their respective affiliates, or any person acting on behalf of any of the foregoing.