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
- 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.
- Force Internationale Ltd.'s indirect ownership was reduced when e-Learing sold 3,300 of its common shares of the Issuer to unrelated parties.
- Force Internationale Ltd.'s indirect ownership was reduced when e-Learning sold 140,000 of its shares of common stock of the Issuer.
- 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.
- On October 28, 2016, the Issuer authorized a 1:20 forward split of its shares of common stock.
- 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.
- 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
- 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.