On October 26, Starbox Group And Its Subsidiary, Starbox International Entered Into A Share Sale Agreement With The Current Shareholders Of ProSeeds Limited To Acquire 100% Of The Issued And Paid-Up Share Capital In Exchange For 12M Shares Valued At $12M
On October 26, Starbox Group And Its Subsidiary, Starbox International Entered Into A Share Sale Agreement With The Current Shareholders Of ProSeeds Limited To Acquire 100% Of The Issued And Paid-Up Share Capital In Exchange For 12M Shares Valued At $12M
- SEC Filing
-美国证券交易委员会备案
On October 26, 2023, Starbox Group Holdings Ltd., a Cayman Islands company (the "Company"), as the issuer, and its wholly owned subsidiary, Starbox International Ltd., a British Virgin Islands company ("Starbox International"), as the purchaser, entered into a share sale agreement (the "Share Sale Agreement"), with the three current shareholders of ProSeeds Limited (collectively, the "ProSeeds Shareholders"), as the sellers, with respect to ProSeeds Limited, a company incorporated in Seychelles ("ProSeeds").
2023年10月26日，作为发行人的开曼群岛公司星盒集团控股有限公司（“公司”）及其全资子公司、英属维尔京群岛公司Starbox International Ltd.（“Starbox International”）作为买方签订了股票出售协议（“股票销售协议”），ProSeeds Limited的三位现任股东（统称 “ProSeeds股东”）卖方，涉及在塞舌尔注册的公司ProSeeds Limited（“ProSeeds”）。
Pursuant to the Share Sale Agreement, Starbox International agreed to acquire 100,000 shares, of ProSeeds (the "Sale Shares"), representing 100% of the issued and paid-up share capital in ProSeeds, from the ProSeeds Shareholders. In consideration for the sale of Sale Shares, the Company agreed to issue to the ProSeeds Shareholders, an aggregate of 12,000,000 ordinary shares (per share price US$1.00) of the Company with an aggregate value of US$12,000,000 (the "Consideration Shares"). The Consideration Shares will be issued to the ProSeeds Shareholders on a closing date as may be agreed upon among the Company, Starbox International, and the ProSeeds Shareholders, subject to the satisfaction by the ProSeeds Shareholders of their obligations under the Share Sale Agreement.
根据股票销售协议，Starbox International同意从ProSeeds股东手中收购ProSeeds的10万股股份（“出售股份”），占ProSeeds已发行和实收股本的100％。作为出售股份的对价，公司同意向ProSeeds股东发行公司总计12,000,000股普通股（每股价格为1.00美元），总价值为12,000,000美元（“对价股”）。对价股将在公司、Starbox International和ProSeeds股东可能商定的截止日期向ProSeeds股东发行，前提是ProSeeds股东履行其在股票销售协议下的义务。
The foregoing description of the Share Sale Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Share Sale Agreement, which is filed as Exhibit 10.1 to this Form 6-K.
上述对股票销售协议的描述并不完整，而是参照作为本表格6-K附录10.1提交的股票销售协议的全文进行了全面限定。
The Share Sale Agreement and the transactions contemplated thereby were approved and authorized by the board of directors of the Company on October 26, 2023.
股票销售协议及其所考虑的交易已于2023年10月26日获得公司董事会的批准和授权。