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Fuse Science, Inc. 8K

0001683168-26-005603

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A Nevada court appointed a receiver over insolvent Fuse Science, Inc., replaced its prior management, transferred control preferred shares, and authorized the receiver to take over and potentially wind down the company to protect creditors.

Fuse Science, Inc. filed an amended list and Nevada state business license application reflecting a Clark County District Court order dated June 17, 2026, appointing Peter D. Downey as court‑supervised receiver of the insolvent company, with broad authority to take control of all corporate assets and operations, investigate and unwind prior share and asset transactions, manage or wind down the business, and protect creditors, including enforcing a $643,471 judgment held by plaintiffs; in connection with this receivership, all prior officers and directors (including Lei Zhang, Meihua Xu, and Minming Yang) resigned, Downey and Irina Veselinovic were appointed as the new President/Treasurer/Chairman and Secretary, respectively, and 100,000 preferred “Class D (control block)” shares were transferred to Fransys Consulting Inc. pursuant to court order, with instructions to update the transfer agent, the Nevada Secretary of State, and OTC Markets.

Filing Facts

CIK
842722
Ticker
-
Form
8K
Source Type
sec
Accession
0001683168-26-005603
Alert Tier
8
Fuse Science, Inc. 8K | ATTN