Global Seed Corporation (OTCMKTS:GLBD) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On October 1, 2019, Global Seed Corporation, a Texas corporation (the “Company”), entered into a share exchange agreement (the “Share Exchange Agreement”) with Well Benefit International Limited (“Well Benefit”), a British Virgin Islands company, and all of the shareholders of Well Benefit (the “Shareholders”) to acquire all the issued and outstanding capital stock of Well Benefit in exchange for the issuance to the Shareholders an aggregate of 252,874,025 restricted shares of the Company’s common stock (the “Reverse Merger”). The Reverse Merger is exptecd to be closed by the end of October 2019.
The foregoing description of the Share Exchange Agreement does not purport to be complete and is qualified in its entirety by reference to the Share Exchange Agreement, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits |
| 10.1 | Share Exchange Agreement by and among Global Seed Corporation, Well Benefit International Limited and the shareholders of Well Benefit International Limited dated October 1, 2019 |
Global Seed Corp Exhibit
EX-10.1 2 f8k100119ex10-1_globalseed.htm SHARE EXCHANGE AGREEMENT BY AND AMONG GLOBAL SEED CORPORATION,…
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About Global Seed Corporation (OTCMKTS:GLBD)
Global Seed Corporation is engaged principally in the distribution of a monthly journal. The Company’s product is the Global Seed Journal. Global Seed Journal is a monthly journal, which will be published in Chinese for its presentation of Asian community news, advertising content, and articles written by contributors. The Company’s journal is intended for men and women at the 18 to 65 age group. The Company offers various sections in its journal to target Chinese speaking advertisers and readers in Houston, Texas. The Company’s journal includes a section for the buying and selling of homes in Texas. The Company’s journal includes a section for travel agencies. The Company’s journal also includes a section for restaurant advertisers; a section for promotion of special dishes from various restaurants; a section for an entertainment guide, and a section for business advertisement.