Filing Details
- Accession Number:
- 0001753571-18-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-10-05 14:39:52
- Reporting Period:
- 2016-04-01
- Accepted Time:
- 2018-10-05 14:39:52
- 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 |
---|---|---|---|---|---|---|---|
1753569 | Ltd Holdings International 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 3 |
Common Shares | Acquisiton | 2016-10-28 | 16,657,300 | $0.00 | 17,134,000 | No | 4 | J | Indirect | See Footnote 4 |
Common Shares | Disposition | 2017-07-07 | 2,240,000 | $0.02 | 14,894,000 | No | 4 | S | Indirect | See Footnote 5 |
Common Shares | Disposition | 2018-09-26 | 14,894,000 | $0.00 | 0 | No | 4 | S | Indirect | See Footnote 6 |
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 3 |
No | 4 | J | Indirect | See Footnote 4 |
No | 4 | S | Indirect | See Footnote 5 |
No | 4 | S | Indirect | See Footnote 6 |
Footnotes
- Force International Holdings Ltd., ("Force Holdings" or the "Reporting Person") at the time of the transaction reported was a 100% owner of e-Learning Laboratory Co., Ltd. ("e-Learning"), which at the time of the transaction reported, was a 74.5% owner of the Issuer.
- The Reporting Person's indirect ownership was reduced when e-Learning sold 3,300 of its common shares of the Issuer to unrelated parties.
- 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 owner by e-Learning. e-Learning consented to the cancellation.
- One October 28, 2016, the Issuer authorized a 1:20 forward split of its shares of common stock.
- e-Learning sold 2,240,000 of 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., the wholly owned parent of the Reporting Person entered into a Share Purchase Agreement with the Reporting Person's wholly owned subsidiary, e-Learning. Under this Share Purchase Agreement, e-Learning transferred its 14,894,000 shares of common stock of the Issuer to Force Internationale Ltd. As consideration for the transfer, Force Internationale Ltd. paid $26,000.00 to e-Learning.