v3.26.3
Subsequent Events
12 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Subsequent Events

12. Subsequent Events

 

In accordance with ASC 855-10, the Company has evaluated events and transactions occurring after June 30, 2026, the date of the balance sheet, through September 22, 2026, the date these financial statements were issued, for potential recognition or disclosure.

 

Appointment of Directors

On July 2, 2026, the Board of Directors of the Company appointed David Gaertner and David Mutina to serve as members of the Company's Board of Directors. Each of Mr. Gaertner and Mr. Mutina will serve until his successor is duly elected and qualified or until his earlier resignation or removal in accordance with the Company's Articles of Incorporation and Bylaws.

Mr. Gaertner, age 42, has served as a Business Development Manager for a technology company since 2018. Previously, he held positions in business operations and strategic development. The Board believes that Mr. Gaertner's experience in technology business development and operations qualifies him to serve as a member of the Board.

Mr. Mutina, age 44, has served as a Project Manager at Y Soft since 2018. From 2013 to 2018, he held positions related to software implementation and technology operations. The Board believes that Mr. Mutina's experience in project management and technology operations qualifies him to serve as a member of the Board.

There are no arrangements or understandings between either Mr. Gaertner or Mr. Mutina and any other person pursuant to which either individual was appointed as a director of the Company. There are no transactions involving either Mr. Gaertner or Mr. Mutina requiring disclosure under Item 404(a) of Regulation S-K. In addition, there are no family relationships between Mr. Gaertner or Mr. Mutina and any of the Company's other officers or directors. At the time of their appointments, neither Mr. Gaertner nor Mr. Mutina was appointed to any committee of the Board of Directors. The Company has not entered into any compensatory arrangement with either Mr. Gaertner or Mr. Mutina in connection with his service as a director.

The foregoing description is qualified in its entirety by reference to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 6, 2026.

Cancellation of Shares

On September 3, 2026, the Board of Directors of the Company unanimously approved the cancellation and retirement of 1,500,000 restricted common shares held by the Company's officer and 5%+ shareholder, Ilona Andzejevska. The shares were voluntarily surrendered to the Company for no consideration and delivered to the Company's transfer agent for cancellation and retirement. The cancellation and retirement were affected in accordance with applicable Nevada law and the Company's governing documents.

F-14

The cancellation did not involve the issuance of any securities or the payment of any consideration by the Company and did not result in a change of control of the Company.

Following the cancellation, the Company had 5,447,400 shares of common stock issued and outstanding, as confirmed by the Company's transfer agent.

The foregoing description is qualified in its entirety by reference to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 4, 2026.