STOCKHOLDERS EQUITY |
9 Months Ended |
|---|---|
Apr. 30, 2025 | |
| STOCKHOLDERS EQUITY | |
| STOCKHOLDERS' EQUITY | 8. STOCKHOLDERS’ EQUITY
The Company has 75,000,000 shares of commons stock authorized.
On April 30, 2024, upon the incorporation of the Company, Jervey Choon, subscribed 3,800,000 shares of common stock at par value of $0.0001 per share for a total subscription value of $380.
During the nine months ended April 30, 2025, the Company issued an aggregate of 2,150,000 shares of its common stock at a subscription price of $0.015 per share, for total gross proceeds of $32,250.
As of April 30, 2025, one shareholder had not yet remitted payment for their share subscription. The related subscription amount has been recorded as a subscription receivable and presented as a deduction from stockholders’ equity, rather than as an asset. The outstanding proceeds were received in May 2025, and the subscription receivable was subsequently eliminated. The corresponding cash inflow will be reflected in the Company’s statement of cash flows in the next quarterly reporting period.
As of April 30, 2025, the Company has 5,950,000 shares of common stock issued and outstanding. |