06/27/2025 | Press release | Distributed by Public on 06/27/2025 04:31
Item 1.01 Entry into a Material Definitive Agreement.
On June 24, 2025, Intelligent Hotel Group Ltd (the "Company") entered into an amendment (the "Amendment") to that certain Securities Transfer Agreement originally dated November 30, 2024 (the "Original Agreement"), by and among the Company (previously known as YCQH Agricultural Technology Co. Ltd), Ms. Min Wang, and Ms. Yixuan Yin. The entry into the Original Agreement was previously disclosed in the Company's Current Report on Form 8-K filed on December 3, 2024. The Amendment modifies certain terms of the Original Agreement, including the purchase price, closing schedule, and transfer mechanics, and was entered into in connection with mutual agreement of the parties.
The Board of Directors of the Company reviewed and approved the Amendment on June 24, 2025.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.