Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 53

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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. Risk Factors

As a “smaller reporting
company”, we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

On March 28, 2025, the Company
entered into a Share Exchange Agreement (the “Share Exchange”) of all the issued and outstanding shares with the shareholders
of ModuLink Investment Limited (hereafter referred to as, ModuLink), a British Virgin Islands limited liability company. ModuLink and
its subsidiaries engage in the property development industry adopting modular construction technology by leveraging Modular Integrated
Construction (MiC), Atmospheric Water Generators (AWG), and Internet of Things (IoT) technology enhanced by AI to redefine property development.
Pursuant to the Share Exchange Agreement, the Company issued 2,356,712,066 shares of common stock, at a valuation of $0.0034 per share,
in exchange for all the issued and outstanding shares with the shareholders of ModuLink. The Company relied on the exemption from registration
pursuant to Section 4(2) of, and Regulation D and/or Regulation S promulgated under the Act in selling the Company’s securities
to the shareholders of ModuLink. The Share Exchange was consummated on May 1, 2025.

The foregoing description
of the Share Exchange Agreement is qualified in its entirety by reference to the Share Exchange Agreement which is filed as Exhibit 10.5
to the Registration Statement and is incorporated herein by reference.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable.

Item 5. Other Information

During the period ended June
30, 2025, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as
each term is defined in Item 408(a) of Regulation S-K.

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Item 6. Exhibits

    Exhibit No.
     
    Description

    3.1
     
    Amended and Restated Articles of Incorporation (1)
  
    3.2
     
    Bylaws (1)
  
    4.1
     
    Specimen
    certificate evidencing shares of Common Stock (2)
  
    10.1
     
    Stock Purchase Agreement Stock, dated January 22, 2025, by and among