EOS Inc. (OTCMKTS:EOSS) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective May 3, 2017, we entered into a definitive agreement
under which EOS acquired all issued and outstanding shares of
Emperor Star International Trade Co., Ltd. (Emperor Star or the
Company), a Taiwanese corporation. The acquisition was carried
out in accordance with a Share Purchase and Sale Agreement dated
May 3, 2017 (the Purchase Agreement) among our company and Mr.
Yang Yu Cheng in consideration of USD$30,562 in cash.
The description of the terms and conditions of the Purchase
Agreement set forth herein does not purport to be complete and is
qualified in its entirety by reference to the full text of the
Purchase Agreement attached as Exhibit 10.3 to this Current
Report on Form 8-K and incorporated herein by this reference.
DESCRIPTION OF BUSINESS
Corporate History and Background
Emperor Star was incorporated in Taiwan in November 2015. The
company distributes highly innovative personal care products and
ecologically friendly cleaning products in Taiwan with plans to
expand distribution to China, Malaysia, and Thailand.
Products
Emperor Stars product line includes anti-aging products that
address the key signs of aging to reinvigorate and provide
youthful energy. The company also distributes a line of
ecologically friendly cleaning products that gently wash fruits
and vegetables, laundry, dishes, and more.
Employees
Emperor Star currently has 4 full time employees.
ITEM 9.01 EXHIBITS
Exhibit Number |
Exhibit Description |
|
10.1 |
Financial Statements of the Business Acquired |
|
Audited financial statements of Emperor Star for the year |
||
10.2 |
Pro-forma Financial Information |
|
Unaudited pro forma financial information for EOS Inc. as |
||
10.3 |
Share Purchase and Sale Agreement dated as of May 3, 2017 |
About EOS Inc. (OTCMKTS:EOSS)
EOS Inc is a company with a principal business of marketing and distributing in Taiwan skin care products manufactured by A.C. (USA) Inc., which is located in the City of Industry, California. Those products consist of masks and serums.. The company was founded in April 2015 and is located in Taipei City, Taiwan.