Chan Sze Yu - 12 Sep 2024 Form 4 Insider Report for Marvion Inc. (MVNC)

Signature
/s/ CHAN Sze Yu
Issuer symbol
MVNC
Transactions as of
12 Sep 2024
Net transactions value
+$480,000
Form type
4
Filing time
19 Nov 2024, 08:22:19 UTC
Previous filing
29 Aug 2024
Next filing
06 Feb 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVNC Common Stock Other $480,000 +17,777,778 $0.0270 17,777,778 12 Sep 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

On August 15, 2024, Marvion Inc., a Nevada corporation (the "Company"), United Warehouse Management Corp., a British Virgin Island corporation ("UWMC") and eleven shareholders of UWMC entered into a Share Exchange Agreement (the "SEA") pursuant to which the shareholders of UWMC agreed to transfer to the Company 4,000 shares of UWMC, constituting all of the issued and outstanding securities of UWMC, in exchange for 148,148,150 shares of common stock of the Company, par value $0.0001 per share (the "Acquisition Shares"). The Reporting Person is one of such eleven shareholders and received his securities in connection with such share exchange.