STOCKHOLDERS’ EQUITY |
9 Months Ended |
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May 31, 2026 | |
| 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.
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 consultants 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, 2026, and August 31, 2025, the Company had and shares of its common stock issued and outstanding, respectively.
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