LIVING 3D HOLDINGS, INC. (OTCBB:CCSG) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
As used in this report, “we”, “us”, “our”, and the
“Company” refer to Living 3D Holdings, Inc., a Nevada
corporation.
Effective as of December 30, 2016, the Company, Sugar Technology
Group Holdings Corporation, a British Virgin Islands corporation
(“SUGAR-BVI”), and each of the shareholders of SUGAR-BVI (the
“SUGAR-BVI Shareholders”) entered into a Share Acquisition and
Exchange Agreement (the “Agreement”) to which the Company will
acquire from the SUGAR-BVI Shareholders all 100 shares of the
SUGAR-BVI $1.00 par value common stock (the “SUGAR-BVI Common
Stock”) that are issued and outstanding in exchange (the “Share
Exchange”) for the issuance by us of an aggregate of 30,000,000
shares of our $0.001 par value common stock (the “Company Common
Stock”) to the SUGAR-BVI Shareholders.
If the Share Exchange is consummated, SUGAR-BVI will become a
wholly-owned subsidiary of the Company. SUGAR-BVI focuses on the
research and development of a printing e-commerce platform which
seeks to integrate web application with product manufacturing to
increase productivity and efficiency.
The consummation of the Share Exchange is subject to certain
terms and conditions customary for transactions of this type.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d). Exhibits.
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Exhibit Number
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Description
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99.1 |
Share Acquisition and Exchange Agreement by and among Living 3D Holdings, Inc., Sugar Technology Group Holdings Corporation (“SUGAR-BVI”), and All of the Shareholders of SUGAR-BVI dated as of December 30, 2016. |
About LIVING 3D HOLDINGS, INC. (OTCBB:CCSG)
Living 3D Holdings, Inc. is engaged in the design, development, production, sale and marketing of auto stereoscopic three dimensional (3D) technology products, services and solutions. The Company is an integrated company that targets intersection of 3D technology and business. The Company provides technical and support services of 3D in software development, contents production and hardware configuration to a range of industries, including entertainment, education, consumer electronics, medical diagnosis, scientific research and, in particular, media and advertising. It is also engaged in computer software development with operations in Hong Kong and Mainland China. The Company markets its 3D technologies and products under its Living 3D brand in the People’s Republic of China (PRC). It focuses on the research and development of e-commerce platform, mobile game and virtual reality application. Its e-commerce platform seeks to integrate Web application with product manufacturing. LIVING 3D HOLDINGS, INC. (OTCBB:CCSG) Recent Trading Information
LIVING 3D HOLDINGS, INC. (OTCBB:CCSG) closed its last trading session at 0.510 with shares trading hands.