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Ishizuka Koichi's Form 4 filing

WB Burgers Asia, Inc. · filed Sep 17, 2021

Accession no.
0001599916-21-000214
Filed
Sep 17, 2021
Trade date
Aug 30-Sep 14, 2021
Filing delay
18 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions. It was filed 18 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Ishizuka KoichiCIK 0001825080Director, Officer (CEO, CFO, President), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 30, 2021Common StockPPurchaseAcquired+101,363,636$0.00$0153,698,686Direct
Sep 14, 2021Common StockJOtherAcquired+500,000,000–F1–653,698,686Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Denotes ownership held by Koichi and White Knight Co., Ltd. collectively. On September 14, 2021, the issuer entered into an "Acquisition Agreement" with White Knight Co., Ltd., whereas the issuer issued 500,000,000 shares of restricted common stock to White Knight Co., Ltd., in exchange for 100% of the equity interests of WB Burgers Japan Co., Ltd., a Japan Company.

Referenced by the price of 1 transaction in Table I.

Remarks

White Knight Co., Ltd. is a Japan Company owned and controlled by Mr. Koichi Ishizuka. On August 30, 2021, White Knight Co., Ltd., sold 101,363,636 shares of restricted common stock of the issuer to Koichi Ishizuka. On September 14, 2021, the issuer entered into an "Acquisition Agreement" with White Knight Co., Ltd., whereas the issuer issued 500,000,000 shares of restricted common stock to White Knight Co., Ltd., in exchange for 100% of the equity interests of WB Burgers Japan Co., Ltd., a Japan Company. Collectivelly, White Knight Co., Ltd. and Koichi Ishizuka retain 1,000,000 shares of Series A Preferred Stock, and 653,698,686 shares of common stock as of September 21, 2021.

Read the full filing on SEC EDGAR (opens in a new tab)