UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
(a/k/a PHILUX GLOBAL GROUP INC.)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction | (Commission | (IRS Employer | ||
of incorporation) | File Number) | Identification No.) |
(Address of principal executive offices) | (Zip Code) |
Registrant’s
telephone number, including area code:
N/A
(Former name or former address, if changed since last report)
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):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
Precommencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
Precommencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
OTC Markets |
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
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 provide pursuant to Section 13(a) of the Exchange Act. ☐
SECTION 8 - OTHER EVENTS
Item 8.01 Other Events.
1. Investment Funding Partnership Agreement for US $49,400,000 between Atlantic Trust Finance Ltd. and Philux Global Group, Inc.
On March 25, 2025, Philux Global Group, Inc. (the “Receiver”) signed an Investment Funding Partnership Agreement (the “Agreement”) with Atlantic Trust Finance Ltd., an Isle of Man, United Kingdom company (the” Principal Funding Provider” to manage a total principal amount of US$ 49,400,000 (“the Investment Funds”) for investment in select projects, especially the Asian Diamond Exchange (ADE) and the International Financial Center (IFC) projects in Vietnam, the geomagnetic energy technology by Philux Global Energy, Inc. (www.philuxge.com, US Patent and Trademark Office Provisional Patent Application No. 63/655846), and Tin Thanh Group’s development program centered around energy, fuel, transport and environment, for a period of ten years and may be extended up to fifteen years.
The Principal Funding Provider declares that the Investment Funds were generated from normal commercial activities and that they are clean funds, all documents for proof of existence are true and sincere, without vices and in full responsibility and perjury.
The Receiver hereby certifies that neither itself nor any of its principals is involved in any activities relating to crime, drug, terrorism or money laundering in connection with this or any other transactions.
According to the Agreement, the Receiver shall remit forty percent of the net annual profit from the Investment Funds to the Principal Fund Provider and be entitled to an annual management fee 5% of the assets under management and an additional 2% for expenses during the course of the investment preparation.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
Due to the nature of confidentiality and non-disclosure agreement, a copy of the Investment Funding Partnership Agreement will be submitted directly to the Securities and Exchange Commission under separate cover.
Exhibit No. | Description | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
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.
Dated: April 11, 2025
PHI GROUP, INC. | ||
(Registrant) | ||
By: | /s/ Henry D. Fahman | |
Henry D. Fahman | ||
Chairman and CEO |