SUIC Worldwide Holdings Ltd. 8K

SUIC Worldwide Holdings Ltd. closed an equity-for-equity share exchange on July 10, 2026 to acquire a 51% controlling interest in Vision Renu Corporation, issuing 30 million shares and providing unaudited pro forma combined financials reflecting the transaction.

On July 10, 2026, SUIC Worldwide Holdings Ltd. completed a share exchange transaction to acquire a 51% controlling interest in Taiwan-based Vision Renu Corporation in an equity-for-equity deal, issuing 30,000,000 shares of SUIC common stock as sole consideration, implying an enterprise value of approximately $50 million for Vision Renu and resulting in recognition of substantial goodwill, establishment of a 49% non-controlling interest, and preparation of Article 11 Regulation S-X unaudited pro forma condensed combined financial statements showing the merger as if it had occurred as of December 31, 2025 for balance sheet purposes and January 1, 2025 for operating results. The transaction is accounted for as an in-substance reverse recapitalization of Vision Renu by SUIC with SUIC as the accounting acquirer, and the pro forma adjustments eliminate Vision Renu’s historical equity, record the new equity issuance and non-controlling interest, and allocate a portion of Vision Renu’s net loss and other comprehensive income to minority shareholders, while cautioning that the pro forma figures are preliminary, subject to change, and not necessarily indicative of future performance or actual post-closing results.

Filing Facts

CIK

1394108

Ticker

-

Form

8K

Source Type

sec

Accession

0001477932-26-005334

Alert Tier

8