Financing ·
Sangrix Inc. issues 75,000 Class B shares to CEO for $32,925
BTOGSangrix Inc.
On October 21, 2026, Sangrix Inc. issued 75,000 Class B Ordinary Shares to Jinghai Jiang, its Chairman of the Board and Chief Executive Officer, at a price of $0.4390 per share for aggregate consideration of $32,925. The transaction was approved by the Board of Directors and the Audit Committee and completed pursuant to exemptions from registration under Section 4(a)(2) of the Securities Act of 1933 and Regulation S. Following the issuance, Jiang holds 100% of the outstanding Class B ordinary shares, representing approximately 35% of the total voting power of the company's issued and outstanding share capital. Sangrix Inc. operates in the biotechnology industry.