Filing Details

Accession Number:
0001753571-18-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-10-05 14:39:52
Reporting Period:
2016-04-01
Accepted Time:
2018-10-05 14:39:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1634293 Exceed World Inc. EXDW Blank Checks (6770) 473002566
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1753569 Ltd Holdings International Force 1-23-38-6F, Esakacho
Suita-Shi
Osaka M0 00000
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Disposition 2016-04-01 140,000 $0.00 19,860,000 No 4 S Indirect See Footnote 1
Common Shares Disposition 2016-08-09 3,300 $0.10 19,856,700 No 4 S Indirect See Footnote 2
Common Shares Disposition 2016-10-28 19,000,000 $0.00 856,700 No 4 J Indirect See Footnote 3
Common Shares Acquisiton 2016-10-28 16,657,300 $0.00 17,134,000 No 4 J Indirect See Footnote 4
Common Shares Disposition 2017-07-07 2,240,000 $0.02 14,894,000 No 4 S Indirect See Footnote 5
Common Shares Disposition 2018-09-26 14,894,000 $0.00 0 No 4 S Indirect See Footnote 6
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote 1
No 4 S Indirect See Footnote 2
No 4 J Indirect See Footnote 3
No 4 J Indirect See Footnote 4
No 4 S Indirect See Footnote 5
No 4 S Indirect See Footnote 6
Footnotes
  1. Force International Holdings Ltd., ("Force Holdings" or the "Reporting Person") at the time of the transaction reported was a 100% owner of e-Learning Laboratory Co., Ltd. ("e-Learning"), which at the time of the transaction reported, was a 74.5% owner of the Issuer.
  2. The Reporting Person's indirect ownership was reduced when e-Learning sold 3,300 of its common shares of the Issuer to unrelated parties.
  3. On October 28, 2016, the Issuer, with the approval of its Board of Directors and majority shareholders, authorized the cancellation of 19,000,000 shares of common stock of the Issuer owner by e-Learning. e-Learning consented to the cancellation.
  4. One October 28, 2016, the Issuer authorized a 1:20 forward split of its shares of common stock.
  5. e-Learning sold 2,240,000 of its shares of common stock of the Issuer reducing the Reporting Person's indirect ownership to 14,894,000 common shares.
  6. On September 26, 2018, Force Internationale Ltd., the wholly owned parent of the Reporting Person entered into a Share Purchase Agreement with the Reporting Person's wholly owned subsidiary, e-Learning. Under this Share Purchase Agreement, e-Learning transferred its 14,894,000 shares of common stock of the Issuer to Force Internationale Ltd. As consideration for the transfer, Force Internationale Ltd. paid $26,000.00 to e-Learning.