Luboa Group, Inc.
LBAO
Other OTC1.00
USD
- -
- -
CIK
0001586452
ISIN
US5492661047
CUSIP
549266104
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Full Time Employees
- 25
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Bldg # 21 of Intelligence & Wealth Ctr Jiaxing People's Republic of China 314000
- IPO Date
- Mar 1, 2019
- CIK
- 0001586452
- Similar Companies
- Business
- Luboa Group, Inc. (LBAO) operates as a non-reporting shell company that underwent a holding company reorganization in November 2022 with Ultimate Holdings Group, Inc., a Nevada corporation trading under the ticker UHGI on OTC Markets; following the tax-free merger pursuant to NRS 92A.180 et seq., LBAO serves as the surviving predecessor entity with its assets and liabilities retained separately while Ultimate Holdings Group functions as a blank check vehicle seeking mergers, acquisitions, or business combinations with unidentified domestic or foreign targets across any industry or geography. The company offers no specific products or services, maintaining no operations, subsidiaries, or revenue-generating activities; its principal objective centers on pursuing long-term growth through a single business combination rather than short-term earnings, with analysis of opportunities supervised by related successor management without restrictions on related-party transactions. Headquartered effectively through its successor at 2-18-23 Nishiwaseda, Shinjuku-Ku, Tokyo, Japan 162-0051 following the 2022 reorganization, the original LBAO entity traces to pre-2022 incorporation as a Nevada non-reporting company with nominal assets and no defined business plan. Recent major changes include the November 15, 2022, reorganization where each LBAO share converted one-for-one into Ultimate Holdings Group common stock, resulting in approximately 611.6 million shares outstanding and cancellation of cross-held subsidiary shares to establish Ultimate Holdings Group as a stand-alone entity; a April 21, 2023, share purchase agreement transferred 493.9 million shares (80.75% control) from CRS Consulting, LLC to SKYPR LLC for $330,000, triggering a change in control with Ryohei Uetaki appointed as sole officer and director of Ultimate Holdings Group, replacing Paul Moody. The company reports no ongoing operations or target identifications as of its fiscal year ended July 31, 2024 10-K filing, qualifying as an emerging growth company and shell under SEC definitions with reliance on officer capital contributions for minimal expenses.