TEG Overseas 8-K/A: Uzbekistan Registration Complete, New Board Seated, Fiscal Year Changed to December 31
Summary
TEG Overseas filed an 8-K/A confirming Uzbekistan has registered its ownership of TEG SPV, seating a new five-member board and changing its fiscal year to December 31 — the post-closing details of the reverse merger reported October 14.
Key Events · M&A and Partnerships · STWI
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Uzbek Registration Completed
The unified state register of legal entities of Uzbekistan now records the Company as a participant of TEG SPV, completing the mandatory-law step required for the transfer of the Participatory Interests to be effective.
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New Board Seated, Three Resign
Temur Zokirov, Bahtiyor Kadirov and Elina Davidyan resigned; Anita Mendiratta (Chair), Wesley T. Davis, Marc William Kasher, Richard Nolan Sharko and Irodakhon Abduvakhitova commenced service, with four deemed independent under OTCQB standards.
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Committees and Officer Roles Set
Audit (Sharko chair), Compensation (Kasher chair) and Nominating/Governance (Kasher chair) committees established; Zokirov continues as CFO and adds Treasurer, Sopiev continues as CEO and adds President.
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Fiscal Year Changed to December 31
The Board approved moving the fiscal year end from September 30 to December 31 on October 14, 2026, resetting the reporting calendar.
Analysis · STWI · Technology
This amendment closes the loop on the reverse merger reported two days earlier. The key new fact: Uzbekistan's unified state register has now recorded TEG Overseas as a participant of TEG SPV — the mandatory-law step that had not yet occurred when the original 8-K was filed. That means the company now officially owns the operating business rather than merely having signed for it. The filing also puts names and structure behind the change of control: three legacy directors resigned, five TEG SPV designees took their seats (four independent under OTCQB standards), and the three standing committees were formed. The fiscal year moves from September 30 to December 31, which resets the reporting calendar and will make the next quarterly filing a transition period. As for the newly filed exhibits — the Hilton Tashkent City franchise and the Wyndham Bukhara services, trademark sublicense and assignment agreements — these are the first look at the actual hotel contracts underpinning the business. Note the context this lands in: the predecessor entity's last 10-Q/A disclosed zero cash, going-concern doubt and severe internal control weaknesses, so the governance build-out and the operating contracts are the substance investors should weigh against that baseline.
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At the time of this filing, STWI was trading at $0.47 on OTC in the Technology sector. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.