OYCG 8-K
Oyocar Group Inc. (OYCG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
_____________________
FORM
_____________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 27, 2026 (
(Exact name of registrant as specified in its charter) |
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(Commission File Number) |
| (IRS Employer Identification Number) |
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(Address of Principal Executive Offices) |
| (State or other jurisdiction of incorporation or organization) |
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(Registrant’s telephone number, including area code)
Colinas Marinas, Marbellas, Villa 10
Sosua, Dominican Republic 57000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
None |
| N/A |
| N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 1.01. Entry into a Material Definitive Agreement.
On July 22, 2026, Oyocar Group Inc., a Nevada corporation (the “Company”), entered into a Letter of Intent (the “Letter of Intent”) to acquire Shanghai Zhongru Smart Energy Group (“Shanghai Zhongru”). The Letter of Intent contemplates that the Company would issue a combination of common stock and preferred stock in the acquisition. The definitive agreement is expected to be completed by approximately August 31, 2026, following the completion of certain administrative actions required by applicable Chinese law, with a closing to occur shortly thereafter.
Shanghai Zhongru, headquartered at the Shanghai International R&D Headquarters Base, specializes in the power and energy sector with water as its primary energy storage medium. With over a decade of industry expertise, the company focuses on developing electricity-to-heat conversion technologies. It serves as a comprehensive provider for energy storage, grid integration, peak shaving, and services within modem power systems; a clean energy integrator; and a manufacturer of hydro-energy storage equipment. The group has established itself as a leading contributor, innovator, and pioneer in China's new energy infrastructure initiatives.
The foregoing description of the Letter of Intent is qualified in its entirety by the full text of the Letter of Intent, which is filed as Exhibits 10.1, respectively, to, and incorporated by reference in, this Current Report.
Item 5.01. Changes in Control of Registrant.
Effective July 20, 2026, there occurred a change in control of the Company. On such date, pursuant to two separate stock purchase agreements (the “Change-in-Control Agreements”), Hoo Boon Lee acquired a total of 11,985,000 shares of the Company’s common stock (the “Control Shares”) from Jonathan Rafael Perez Peralta (as to 7,985,000 shares) and Julissa de Jesus (as to 4,000,000 shares). The Control Shares represent approximately 78.14% of the outstanding shares of the Company’s common stock and constitute voting control of the Company. The total consideration paid by Ms. Lee for the Control Shares was $565,000 in cash delivered at the closing.
In conjunction with the Change-in-Control Agreement, on July 20, 2026, Jonathan Rafael Perez Peralta resigned as the Sole Director, President and Treasurer of the Company, Julissa de Jesus resigned as Secretary of the Company and Hoo Boon Lee was appointed as the Sole Director, President, Chief Executive Officer, Treasurer and Secretary of the Company.
Certain information regarding the background of Ms. Lee is set forth below.
| Hoo Boon Lee, 43, Hoo Boon Lee is a Malaysian business professional with over 10 years of experience in business development, financial services, and client relationship management. She possesses extensive experience in corporate communication, strategic partnerships, and market expansion. With strong analytical skills and a deep understanding of the Malaysian business environment, she has successfully supported companies in developing client networks, managing partnerships, and achieving business growth objectives. Since 2021, Ms. Lee has served as Business Development Manager of a large Malaysia Financial Services Company, where her duties included developing and maintain long-term relationships with corporate clients and strategic partners. From 2017 to 2021, she served as an Investment Relations Executive of a large Malaysia Investment Advisory Firm, where her responsibilities included managing relationships with individual and institutional clients. |
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The following table sets forth, as of the date of this Current Report, the shareholdings of (1) each person owning beneficially 5% or more of the Company’s outstanding common stock; (2) each executive officer of the Company, and (3) all officers and directors as a group. Unless otherwise indicated, each owner has sole voting and investment power over his securities. Information relating to beneficial ownership of securities by our principal shareholders and management is based upon information furnished by each person using beneficial ownership’ concepts under the rules of the SEC. Under these rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or direct the voting of the security, or investment power, which includes the power to vote or direct the voting of the security. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Under the SEC rules, more than one person may be deemed to be a beneficial owner of the same securities, and a person may be deemed to be a beneficial owner of securities as to which he or she may not have any pecuniary beneficial interest. Except as noted below, each person has sole voting and investment power. Except as disclosed herein, we do not have any outstanding options or other securities exercisable for or convertible into shares of our common stock. Unless otherwise indicated, the address of each person listed is c/o Oyocar Group Inc., 23 Jalan Pulai Mesra 9, Bandar Kangkar, Pulai, 81110, Johor Bahru Johor, Malaysia.
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Name of Beneficial Owner |
| Title of Class |
| Beneficial Ownership |
| Percent of Class(1) | ||||
Hoo Boon Lee(2) |
| Common Stock |
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| 11,985,000 |
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| 78.14% |
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All Officers and Directors as a Group (1 person) |
| Common Stock |
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| 11,985,000 |
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| 78.14% |
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(1) | Based on 15,337,250 shares outstanding, as of the date of this Current Report. |
(2) | Officer and director. |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The disclosure set forth above under Item 5.01. Changes in Control of Registrant is incorporated in this Item 5.02.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number |
| Description |
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104 |
| Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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.
OYOCAR GROUP INC. | |||
| Date: July 27, 2026 | By: | /s/ Hoo Boon Lee | |
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| Hoo Boon Lee | |
| Chief Executive Officer | |||
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EXHIBIT 10.1
OYOCAR GROUP INC.
23 Jalan Pulai Mesra 9, Bandar Kangkar
Pulai, 81110, Johor Bahru Johor, Malaysia
July 22, 2026
Zhou Xiefeng
Shanghai Zhongru Smart Energy Group
LETTER OF INTENT
Sir:
This Letter of Intent summarizes certain terms under which our company (Oyocar Group Inc.) would acquire ownership of Shanghai Zhongru Smart Energy Group (“Target”) from you. This proposed transaction is sometimes referred to as the “Transaction.”
NON-BINDING TERMS
This paragraph and Sections 1 through 4 are not legally binding on either party. They would serve as the non-binding basis for an initial draft of a definitive agreement for the Transaction (the “Definitive Agreement”), which would be provided by Oyocar Group. We currently contemplate that the Definitive Agreement would include, among others, the following terms:
1. The Definitive Agreement would provide for Oyocar Group’s acquisition of the Target from you, in exchange for a combination of common stock and Series A Preferred Stock of Oyocar Group. The form of the Definitive Agreement would be determined by us, in consultation with our respective legal counsel and accountants.
2. We would attempt to negotiate and execute the Definitive Agreement by August 15, 2026, and would target the closing of the Definitive Agreement for approximately thirty (30) days thereafter, all in accordance with the terms of Definitive Agreement.
3. The Definitive Agreement would contain other terms and conditions that would be customary for transactions of this type, including customary representations, warranties, covenants and indemnities.
BINDING TERMS
This paragraph and Sections 4 through 11, which are referred to collectively as the “Binding Terms,” are the legally binding and enforceable agreements of Oyocar Group and you.
4. Exclusivity. Throughout the period that begins on the date of this Letter of Intent and ends on the date that is 60 days from the date of mutual execution of this Letter of Intent (the “Exclusivity Period”), you will not, directly or indirectly, solicit, initiate, seek or encourage any inquiry, proposal or offer from, furnish any information to, or participate in any discussions or negotiations with, any person regarding any purchase or other disposition of the Transaction.
5. Confidentiality. The terms and existence of this Letter of Intent, and the content and existence of discussions regarding the Transaction, are confidential information. Notwithstanding the foregoing, we agree that (a) disclosure regarding the content and existence of this Letter of Intent properly made under applicable securities laws shall not be a violation of this paragraph 5 and (b) you may disclose the existence and terms of this Letter of Intent to your professional service providers.
6. Expenses. Except to the extent expressly stated otherwise in the Definitive Agreement, each of Oyocar Group and you will be responsible for and bear all of its respective costs and expenses incurred at any time in connection with pursuing or consummating the Transaction.
7. No Other Obligations or Claims. Nothing herein obligates either party to enter into or continue any discussions or negotiations with, solicit or accept any proposal from or enter into any definitive agreement with, the other party. Except for the Binding Terms, unless and until a final definitive agreement between the parties regarding a transaction has been executed and delivered (or except as expressly provided in any binding written agreement that either of the parties may enter into in the future), (a) neither party will be under any legal obligation of any kind regarding such a transaction by virtue of this Letter and (b) no past or future action, course of conduct or failure to act regarding a transaction, or relating to the negotiation of the terms of a transaction or the Definitive Agreement, will give rise to or serve as a basis for any obligation or other liability on the part of either party.
8. Waiver and Amendment. No failure or delay by either party in exercising any right, power or privilege under this Letter of Intent will operate as a waiver thereof, nor will any single or partial exercise thereof preclude any other or further exercise of any right, power or privilege hereunder. No term in this Letter of Intent can be waived or amended except in a writing signed by each party.
9. Entire Agreement. Other than existing confidentiality rights and obligations in any written agreement between the parties, this Letter of Intent contains the entire agreement between the parties regarding the subject matter hereof and supersedes all prior agreements or understandings between the parties with respect thereto.
10. Counterparts. This Letter of Intent may be executed in counterparts, each of which will be deemed an original, and all of which will constitute the same agreement.
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If you are in agreement, please sign below and return a fully executed copy of this Letter of Intent to Oyocar Group.
Very truly yours,
OYOCAR GROUP INC.
| By: | /s/ Hoo Boon Lee |
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| Hoo Boon Lee |
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| Chief Executive Officer |
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AGREED AND ACCEPTED:
| By: | /s/ Zhou Xiefeng |
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| Zhou Xiefeng |
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| CEO |
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