Business Context and Reporting Period
This Form 8-K was filed by Steampunk Wizards, Inc. (Nevada) on November 1, 2016, reporting events occurring on October 26, 2016. The filing details a corporate restructuring involving a merger with a wholly-owned subsidiary, Tianci International, Inc., to effect a change of the registrant's legal name.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and structural changes rather than financial performance.
Material Changes
- Corporate Name Change: The Company entered into an Agreement and Plan of Merger to change its name from "Steampunk Wizards, Inc." to "Tianci International, Inc."
- Effective Date: The name change became effective on November 7, 2016, following the filing of Articles of Merger with the Nevada Secretary of State.
- Stock Symbol: Common stock continued to trade under the symbol "SPWZ" on OTC Markets pending the assignment of a new symbol by FINRA.
Outlook, Risks, and Management Commentary
Management indicated that the sole purpose of the merger was the name change. The Company committed to publicly announcing the new trading symbol and the effective date of the symbol change once assigned by FINRA. No specific risks, contingencies, or unusual items were disclosed in this filing.
Investor Verification Checklist
- Verify the new trading symbol assigned by FINRA for Tianci International, Inc.
- Confirm the effective date of the symbol change on OTC Markets.
- Review subsequent filings for any financial data or operational updates following the name change.