KUBR 8-K
Kuber Resources Corp (KUBR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Securities registered pursuant to Section 12(b) of the Act: None
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Item 8.01 Other Events
On June 18, 2024, Kuber Resources Corporation (the “Company”) received notice from its majority shareholder Uonlive (Hong Kong) Limited (“Uonlive”), a Hong Kong company, of a transfer of all of its 111,282,948 shares of restricted common stock as part of a restructuring of its holdings. Uonlive’s common stock shares represent approximately 83.9% of the Company’s outstanding common stock. Mr. Raymond Fu (“Mr. Fu”), the Company’s current President and Chief Executive Officer, is currently serving as the sole director and controlling shareholder of Uonlive. As part of the restructuring, Uonlive transferred 81,153,948 restricted shares to Storming Dragon Limited (“Storming Dragon”), a BVI company of which Mr. Fu has voting and dispositive control. Additionally, as part of the restructuring Uonlive transferred an aggregate 30,129,000 shares of restricted common stock by gift to seven parties, none of whom are affiliates of the Company or own 5% or more of the issued and outstanding shares of the Company’s voting stock as the result of the transfer. Following the transfers by Uonlive, Mr. Fu, through Storming Dragon, retains control of 61.2% of the Company’s common stock. As such the Company has determined that no change in control event has occurred as a result of the transfers.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
June 25, 2024
| Kuber Resources Corporation | ||
| /s/ Raymond Fu | ||
| By: | Raymond Fu | |
| Title: | Director |
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