Company: AOAO
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001493152-25-027381
Chunk: 96

Company: Alpha One Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 96
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 (“Zhongyun BVI”) and Zhongyun BVI’s wholly-owned subsidiary, Shenzhen Zhongyun Communication Technology Co., Ltd” (“Shenzhen Zhongyun”), pursuant to the terms of a definitive share exchange agreement dated March 23, 2023.

Upon completion of the merger, all of the outstanding shares of Zhongyun BVI’s common stock were exchanged for 3,635,727

shares (given effect of the Reverse Stock Split, see Note 17) of common stock of AOAO. Prior to the merger, Shuhua Liu and her spouse directly and indirectly obtained the total 49.65% controlled of AOAO, and 50% indirectly controlled of Zhongyun BVI by Zhongyun Global International Group Limited. Shuhua Liu is the sole director of AOAO and Zhongyun BVI. Following the Merger, Shuhua Liu and her spouse directly and indirectly obtained the total 49.77% controlled of AOAO. As AOAO and Zhongyun BV were under common control at the time of the share exchange, the transaction is accounted for as a combination of entities under common control in a manner similar to the pooling-of-interests method of accounting. Immediately after completion of such share exchange, the Company has a total of 10,973,087 issued (given effect of the Reverse Stock Split, see Note 17) and outstanding shares of common stock, with authorized share capital for common shares of 450,000,000.

Consequently, the Company has ceased to fall under the definition of shell company as define in Rule 12b-2 under the Exchange Act of 1934, as amended (the “Exchange Act”) and Zhongyun BVI is now a wholly owned subsidiary.

On November 16, 2023, the former director and CEO Zhuo Wang transferred 2,841,433 shares (given effect of the Reverse Stock Split, see Note 17) to Sun Horn Limited, 605,677 shares (given effect of the Reverse Stock Split, see Note 17) to Shuhua Liu and 195,752 shares (given effect of the Reverse Stock Split, see Note 17) Xinli Chen for free.

On May 28, 2024, 3,635,727 shares (given effect of the Reverse Stock Split, see Note 17) of common stock of AOAO transferred from Zhongyun Global International Group Limited to seventy-one individuals (including Shuhua Liu 223,