v3.25.3
COMMON STOCK
 6 Months Ended
Aug. 31, 2025
Equity [Abstract]  
COMMON STOCK

NOTE 4 – COMMON STOCK

 

The Company has 75,000,000 common shares authorized with a par value of $0.001 per share. In July 2021 the Company issued 5,000,000 shares of its common stock at $0.001 per share for total proceeds of $5,000 to a related party (see NOTE 5).

 

During November 2023 the Company issued 25,000 shares of common stock for cash proceeds of $500 at $0.02 per share.

 

During December 2023 the Company issued 555,000 shares of common stock for cash proceeds of $11,100 at $0.02 per share.

 

During January 2024 the Company issued 185,000 shares of common stock for cash proceeds of $3,700 at $0.02 per share.

 

During February 2024 the Company issued 930,000 shares of common stock for cash proceeds of $18,600 at $0.02 per share.

 

On June 27, 2025, Rassul Sadukbayev, former director of Alixo-Yolloo Corporation, who was the owner of 5,000,000 restricted shares representing 74.68% of the Company’s outstanding share capital, voluntarily decided to cancel 3,000,000 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:

 

  · The total number of outstanding shares of the Company was reduced from 6,695,000 shares to 3,695,000 shares.
  · Mr. Sadukbayev’s ownership was reduced from 5,000,000 shares (74.68%) to 2,000,000 shares (54.13%).

 

As of August 31, 2025, and February 28, 2025, the Company had 3,695,000 and 6,695,000 shares issued and outstanding, respectively.