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Azar International Corp. – ‘8-K’ for 7/8/22

On:  Monday, 7/11/22, at 6:04am ET   ·   For:  7/8/22   ·   Accession #:  1477932-22-4913   ·   File #:  333-234137

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/11/22  Azar International Corp.          8-K:5,9     7/08/22   14:215K                                   Discount Edgar/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     24K 
 2: EX-10.1     Stock Purchase Agreement                            HTML     43K 
 3: EX-99.1     Directors Resolutions                               HTML      8K 
 9: R1          Cover                                               HTML     45K 
12: XML         IDEA XML File -- Filing Summary                      XML     13K 
10: XML         XBRL Instance -- azar_8k_htm                         XML     15K 
11: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 6: EX-101.CAL  XBRL Calculations -- azar-20220708_cal               XML      8K 
 8: EX-101.DEF  XBRL Definitions -- azar-20220708_def                XML     11K 
 5: EX-101.LAB  XBRL Labels -- azar-20220708_lab                     XML     42K 
 7: EX-101.PRE  XBRL Presentations -- azar-20220708_pre              XML     28K 
 4: EX-101.SCH  XBRL Schema -- azar-20220708                         XSD     19K 
13: JSON        XBRL Instance as JSON Data -- MetaLinks               11±    17K 
14: ZIP         XBRL Zipped Folder -- 0001477932-22-004913-xbrl      Zip     21K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C: 
 i 0001787123 i false00017871232022-07-082022-07-08iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM  i 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported):  i July 8, 2022

 

 i AZAR INTERNATIONAL CORP.

(Exact Name of Registrant as Specified in its Charter)

 

 i Nevada

 

 i 333-234137

 

 i 98-1448750

(State of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

 i Carretera Turistica,  i Luperon, 12th km, No. 7,  i Grand Parada,  i Puerto Plata,  i Dominican Republic

 

 

(Address of principal executive offices)

 

(Zip Code)

 

( i 829)  i 947-5251

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 i 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 i 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  i 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  i 

 

Securities registered under Section 12(g) of the Exchange Act: None

Securities registered pursuant to Section 12(b) of the Act: None  

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which

registered

N/A

 

N/A

 

N/A

 

 

 

  

Item 5.01 Changes in Control of Registrant.

 

On July 8, 2022, as a result of a private transactions, 3,000,000 shares of common stock, $0.001 par value per share (the “Shares”) of AZAR INTERNATIONAL CORP., a Nevada corporation (the “Company”), were transferred from Hilario Lopez Vargas to Yang, Lixue (the “Purchaser”). As a result, the Purchaser became holders of approximately 77% of the voting rights of the issued and outstanding share capital of the Company and became the controlling shareholder. The consideration paid for the Shares was $350,000. The source of the cash consideration for the Shares was personal funds of the Purchaser. In connection with the transaction, Hilario Lopez Vargas released the Company from all debts owed to him.

 

Other than as described below, there are no arrangements or understandings among both the former and new control persons and their associates with respect to the election of directors of the Company or other matters. The information set forth in Item 5.02 of this Form 8-K is incorporated by reference into this Item 5.01.

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 8, 2022, the existing director and officer resigned immediately. Accordingly, Hilario Lopez Vargas, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the transfer, Yang, Lixue consented to act as the new Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director of the Company,

 

Mr. Yang, Lixue, CEO, CFO, and Director, 39, Graduated from University of Science and Technology Beijing in 2006, majoring in marketing and management. He is the president, Chief Executive Officer and chairman of the Board of Directors of the Company.

 

Mr. Yang was the CEO of Shandong Zhongying Network Technology Co. Ltd, from 2012 to 2015. He was the CEO of Zhejiang Luo Fang Technology Co., Ltd, from 2015 to 2017. After that, he founded a company called Qingdao Qingliyuan Biotechnology Co., Ltd in 2017, up to present. He was also the founder and chairman of Yizhixin Co., Ltd, from 2018 to present.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

10.1

 

STOCK PURCHASE AGREEMENT, dated July 8, 2022, by and between Hilario Lopez Vargas and Yang, Lixue

 

 

 

99.1

 

DIRECTORS RESOLUTIONS, dated July 8, 2022.

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
2

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

July 11, 2022

 

AZAR INTERNATIONAL CORP.

 

 

 

 

 

/s/ Yang, Lixue

 

By:

YANG, LIXUE

 

Title:

CEO

 

 

 
3

 


Dates Referenced Herein   and   Documents Incorporated by Reference

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Filed on:7/11/22None on these Dates
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