02/03/2026 | Press release | Distributed by Public on 02/03/2026 12:19
Item 1.01 Entry into a Material Definitive Agreement.
On January 2, 2026, Marvion Inc. (the "Company") entered into Stock Purchase Agreements (collectively, the "Agreements") with each of Kwok Ho Luen ("Kwok") and Chan So Yin ("Chan") pursuant to which each of Kwok and Chan agreed to purchase One Hundred And Fifty ThousandDollars ($150,000) and Two Hundred Thousand Dollars ($200,000) worth of the Company's Common Stock, respectively, at a per share price of $0.0308, which is the five day average closing price on and before December 30, 2025. As a result, Kwok and Chan are expected to purchase 4,870,130 and 6,493,506 shares of the Company's Common Stock.
The foregoing description of the Agreements is qualified in its entirety by reference to the Agreements, which are filed as Exhibits 10.1 and 10.2, and incorporated herein by reference.