Filing Details

Accession Number:
0001753571-18-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-10-05 13:50:29
Reporting Period:
2016-04-01
Accepted Time:
2018-10-05 13:50:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1634293 Exceed World Inc. EXDW Blank Checks (6770) 473002566
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1753568 Ltd Internationale Force 1-23-38-6F, Esakacho
Suita-Shi
Osaka M0 00000
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Disposition 2016-04-01 140,000 $0.00 19,860,000 No 4 S Indirect See Footnote 1
Common Shares Disposition 2016-08-09 3,300 $0.10 19,856,700 No 4 S Indirect See Footnote 2
Common Shares Disposition 2016-10-28 19,000,000 $0.00 856,700 No 4 J Indirect See Footnote 1
Common Shares Acquisiton 2016-10-28 16,657,300 $0.00 17,134,000 No 4 J Indirect See Footnote 1
Common Shares Disposition 2017-07-07 2,240,000 $0.02 14,894,000 No 4 S Indirect See Footnote 6
Common Shares Acquisiton 2018-09-26 14,894,000 $0.00 14,894,000 No 4 P Direct
Common Shares Acquisiton 2018-09-26 12,700,000 $0.00 27,594,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote 1
No 4 S Indirect See Footnote 2
No 4 J Indirect See Footnote 1
No 4 J Indirect See Footnote 1
No 4 S Indirect See Footnote 6
No 4 P Direct
No 4 P Direct
Footnotes
  1. The Reporting Person, as of April 1, 2016 and until September 26, 2018, was a 100% owner of Force International Holdings Ltd. which was, during the same time period, a 100% owner of e-Learning, which as of April 1, 2016 was a 74.5% owner of the Issuer.
  2. Force Internationale Ltd.'s indirect ownership was reduced when e-Learing sold 3,300 of its common shares of the Issuer to unrelated parties.
  3. Force Internationale Ltd.'s indirect ownership was reduced when e-Learning sold 140,000 of its shares of common stock of the Issuer.
  4. On October 28, 2016, the Issuer, with the approval of its Board of Directors and majority shareholders, authorized the cancellation of 19,000,000 shares of common stock of the Issuer owned by e-Learning. e-Learning consented to the cancellation.
  5. On October 28, 2016, the Issuer authorized a 1:20 forward split of its shares of common stock.
  6. e-Learning sold 2,240,000 its shares of common stock of the Issuer reducing the Reporting Person's indirect ownership to 14,894,000 common shares.
  7. On September 26, 2018, Force Internationale Ltd. entered into a Share Purchase Agreement with its 100% owned subsidiary e-Learning Laboratory Co., Ltd, ("e-Learning") under which e-Learning transferred its 14,894,000 shares of the common stock of the Issuer to Force Internationale Ltd. in exchange for $26,000.00
  8. On September 26, 2018, the Issuer acquired Force International Holdings Ltd. from Force Internationale Ltd. and issued 12,700,000 shares of its common stock to Force Internationale Ltd. as consideration.