UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
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MU Global Holding Limited
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
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Item 1.01. Entry into a Material Definitive Agreement.
On July 30, 2024, Vanguard Green investment Limited. (the “Company”) entered into certain share purchase agreement (the “Disposition SPA”) by and among Xie Ling (the “Purchaser”), MU Global Health Management (Shanghai) Limited (the “Subsidiary”) and MU Global Holding Limited (the “Seller”). Pursuant to the Disposition SPA, the Purchaser agreed to purchase the Subsidiary, in exchange for consideration of $11,975.00 (the “Purchase Price”). The Company’s board of directors (the “Board”) approved the transaction contemplated by the Disposition SPA (the “Disposition”). The Disposition closed on July 30, 2024 when all closing conditions were satisfied, including the payment of the Purchase Price, and all consents or approval required to be obtained from or made with any governmental authorities. Upon the closing of the Disposition, the Purchaser became the sole shareholder of the Subsidiary and as a result, assumed all assets and liabilities of all the subsidiaries and variable interest entities owned or controlled by the Subsidiary.
The above description of the terms of the Disposition SPA is qualified in its entirety by reference to the complete text of the Disposition SPA which is attached hereto as Exhibit 10.1.
Below is the Company’s organizational structure chart prior to the consummation of the Disposition.
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Below is the Company’s organizational structure chart after the consummation of the Disposition.
Item 9.01 Financial Statement and Exhibits
(d) Exhibits
| 10.1 | Share Purchase Agreement dated July 30, 2024 by and among the Company, Xie Ling, MU Global Health Management (Shanghai) Limited and MU Global Holding Limited | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| VANGUARD GREEN INVESTMENT LIMITED | ||
| Date: July 30, 2024 | By: | /s/ NIU YEN YEN |
| Name: | NIU YEN YEN | |
| Title: | Chief Executive Officer and Director | |
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