- CEO
- Ann Peng
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6141 186th Street Fresh Meadows NY United States of America 11365
- IPO Date
- Sep 10, 2015
- Business
- Universal Global Hub Inc. (UGHB) operates as a shell company focused on identifying and acquiring a profitable operating business through mergers, asset purchases, or similar transactions, with no current significant operations or revenue generation. Founded in 2012 by Michael R. Rosa and headquartered in Fresh Meadows, New York, the company previously conducted business via its sole subsidiary Enviromart Industries Inc., which provided environmental waste packaging products and solutions including hazardous and non-hazardous waste packaging; that subsidiary was sold to Rosa in March 2016 in exchange for the surrender of 13.6 million shares and assumption of liabilities. In October 2017, control shifted when Eastone Equities LLC acquired approximately 90% of outstanding common stock for $295,000 from selling stockholders, followed by a name change from Ecard Inc. to Universal Global Hub Inc. in March 2021. The company, led by CEO and Chairman Ann Peng since late 2021, maintains a lean structure with about 10 employees and trades on the OTC markets with minimal market capitalization around $10,000; it targets domestic or foreign private companies seeking public market access via reverse mergers or similar structures without commencing substantive operations itself. No recent partnerships, funding rounds, acquisitions, product launches, or strategic expansions have been reported in 2024 or 2025, reflecting its ongoing dormant status as a blank check entity.