Invech Holdings Confirms Change of Control, New Sole Officer and Director Appointed
summarizeSummary
Invech Holdings, Inc. filed an SC 14F1 detailing the recent change in control, where the majority shareholder sold a controlling stake for $350,000, leading to the appointment of Alexander M. Woods-Leo as the new sole officer and director.
check_boxKey Events
-
Majority Shareholder Sells Control Block
Small Cap Compliance, LLC sold 90,000,000 common shares (90% of outstanding) and 300,000 Series A Preferred Stock (100% of outstanding) to Alexander M. Woods-Leo for $350,000.
-
New Sole Officer and Director Appointed
Rhonda Keaveney resigned, and Alexander M. Woods-Leo was appointed as the new sole officer and director, effective February 17, 2026, following the change of control.
-
Debt Forgiveness and New Convertible Note
The former majority shareholder forgave $38,238 in debt owed by the company and entered into a new $20,000 convertible promissory note, due May 12, 2026.
auto_awesomeAnalysis
This SC 14F1 filing provides critical details following the previously announced change of control on February 17, 2026. The sale of 90% of common stock and 100% of preferred stock by the former majority shareholder for $350,000, at a price significantly below the current market, indicates a distressed valuation for the control block. The appointment of Alexander M. Woods-Leo as the new sole officer and director marks a complete leadership overhaul. This event is particularly significant given the company's recent disclosure of substantial doubt about its ability to continue as a going concern, suggesting this change is a pivotal moment for the company's future direction and potential survival. The forgiveness of $38,238 in debt by the former majority shareholder is a minor positive, but the overall transaction highlights the company's precarious financial position.
At the time of this filing, IVHI was trading at $0.15 on OTC in the Trade & Services sector, with a market capitalization of approximately $15.1M. The 52-week trading range was $0.00 to $7.90. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.