Research Reports

Summary

JX Luxventure Group Inc entered into a Debt Exchange Agreement dated March 26, 2026, with Sun Lei, its CEO, interim CFO, and co-Chairperson, to issue 2,100,000 shares of common stock in exchange for cancellation of $6,270,600 of approximately $12,450,000 in outstanding unsecured loans. The transaction is subject to board and majority shareholder approval, Nasdaq listing clearance, and SEC Form 6-K filing.

Key takeaways

Agreement dated March 26, 2026, between JX Luxventure Group Inc and Sun Lei
Sun Lei holds approximately $12,450,000 in Total Outstanding Debt as of agreement date
Issuance of 2,100,000 common shares ($0.0001 par value) for $6,270,600 Loan Cancellation Amount
Closing conditions include Nasdaq listing approval, board approval, majority shareholder approval, and Form 6-K filing
Transaction exempt under Section 3(a)(9) of Securities Act
Pre-exchange capitalization: 7,176,831 common shares issued and outstanding