SUBSEQUENT EVENTS |
3 Months Ended | |||||||||
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May 31, 2025 | ||||||||||
Subsequent Events [Abstract] | ||||||||||
SUBSEQUENT EVENTS | NOTE 9 – SUBSEQUENT EVENTS
The Company has evaluated subsequent events from May 31, 2025 to the date the financial statements were issued and has determined that there are no items to disclose other than as described below.
On June 27, 2025, Rassul Sadukbayev, director of Alixo-Yolloo Corporation, who is the owner of 5,000,000 restricted shares representing 74.68% of the Company’s outstanding share capital, voluntarily decided to cancel of his restricted shares. The cancellation was made without any compensation or consideration, and in the best interest of the Company. This action resulted in a material change to the Company's capital structure and a reduction in total outstanding shares, impacting the Company’s reported shareholder equity and ownership distribution. The cancellation is effective as of June 27, 2025.
As a result of this cancellation:
On July 7, 2025 the Board of Directors of Alixo-Yolloo Corporation accepted the resignation of Roman Zhezhel from his position as Secretary of the Company, effective immediately. Mr. Zhezhel did not resign due to any disagreement with the Company on any matter relating to its operations, policies, or practices. Mr. Zhezhel continues to serve as the Company’s President, Director, Treasurer, Principal Executive, Financial and Accounting Officer.
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