STOCKHOLDERS’ EQUITY |
9 Months Ended | 12 Months Ended |
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May 31, 2025 |
Aug. 31, 2024 |
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| Equity [Abstract] | ||
| STOCKHOLDERS’ EQUITY | NOTE 11 STOCKHOLDERS’ EQUITY
On December 16, 2021, the Company increased the authorized common stock from shares with a par value of $ per share to shares with a par value of $ per share.
During the nine months period ended May 31, 2024, the Company issued shares of Common Stock at a per share purchase price of $ as the Offering for gross proceeds of $934,534 received in the fiscal year ended August 31,2023.
During the nine months period ended May 31, 2024, the Company issued in aggregate shares of Common Stock to 15 referral agents in consideration for their referral to the Company of certain investors.
On November 21, 2023, the Company issued, in aggregate, shares of Common Stock to two individuals in consideration for marketing services provided to the Company by Artisan Creative Studio, a marketing entity based in Malaysia.
On April 12, 2024, the Company’s board of directors unanimously resolved to effect a reverse stock split of the Company’s common stock, par value $ per share, at a ratio of 1-for-4. Following such resolution, on September 9, 2024, the Company filed a Certificate of Amendment with the Secretary of State of the State of Nevada to effect the reverse stock split, with effective on September 11, 2024.
On November 25, 2024, the Company issued, in aggregate, shares of Common Stock, representing 2.5% of the issued and outstanding shares of Common Stock, to certain project management consultant in consideration for their services in relation to the proposed initial public offering.
On November 25, 2024, the Company issued, in aggregate, shares of Common Stock, representing 3.0% of the issued and outstanding shares of Common Stock in consideration for their corporate and business development consulting services.
As a result of the 1:4 Reverse Stock Split, each 4 pre-split shares of Common Stock outstanding will automatically combine into one new share of Common Stock without any action on the part of the holders. Therefore, as of May 31, 2025, and August 31, 2024, the Company had and shares of its common stock issued and outstanding, respectively.
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NOTE 11 STOCKHOLDERS’ EQUITY
On December 16, 2021, the Company increased the authorized common stock from shares with a par value of $ per share to shares with a par value of $ per share.
During fiscal year end (“FYE”) 2023 the Company issued shares of Common Stock at a per share purchase price of $ as part of the Offering for gross proceeds of $1,068,728.
During FYE 2023, the Company received cash proceeds of $934,534 as part of the Offering, of which shares of Common Stock at per share purchase price of $ were issued on November 21, 2023. shares of Common Stock were also issued to an individual in consideration for marketing services provided to the Company during FYE 2023, and the shares were issued on November 21, 2023.
During FYE 2024, the Company issued shares of Common Stock at a per share purchase price of $ for gross proceeds of $934,555, as part of the Offering.
As such, the Company had $ shares to be issued on August 31, 2024.
During FYE 2024, the Company issued in aggregate shares of Common Stock to 15 referral agents in consideration for their referral to the Company of certain investors.
During FYE 2024, the Company issued, in aggregate, shares of Common Stock to two individuals in consideration for marketing services provided to the Company by Artisan Creative Studio, a marketing entity based in Malaysia.
On April 12, 2024, the Company’s board of directors unanimously resolved to effect a reverse stock split of the Company’s common stock, par value $ per share, at a ratio of 1-for-4. Following such resolution, on September 9, 2024, the Company filed a Certificate of Amendment with the Secretary of State of the State of Nevada to effect the reverse stock split, with effective on September 11, 2024.
As a result of the 1:4 Reverse Stock Split, each 4 pre-split shares of Common Stock outstanding will automatically combine into one new share of Common Stock without any action on the part of the holders. Therefore, as of August 31, 2024, and 2023, the Company had and shares of its common stock issued and outstanding, respectively.
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