The change of control to Alpha Investment Inc. introduces a new strategic direction under a CEO with structured finance and capital markets experience. Monitor for a potential reverse merger, capital raise, or business combination as Alpha integrates Londax as a public vehicle. The OTC listing and micro-cap status suggest high volatility — watch for a subsequent S-1 or 8-K detailing a new business plan.
Price Chart
Executive Summary
Alpha Investment Inc. acquired ~90% of Londax Corp. via a cash purchase of 2,002,035 shares from the former sole officer/director and minority holders, closing on July 13, 2026. The former sole officer/director resigned, and Jon S. Cummings IV (Chairman/CEO of Alpha) was appointed CEO, Treasurer, Secretary, and sole Director. The company also relocated its principal executive offices from Cyprus to Cincinnati, Ohio. This represents a complete change of control and management transition for a micro-cap OTC company, with no financial terms of the acquisition disclosed beyond the share count and cash consideration.
Key Facts
- Alpha Investment Inc. acquired 2,002,035 shares of Londax Corp. common stock, representing ~90% of outstanding shares.
- The acquisition was paid entirely in cash via installment payments from March 9, 2026 to July 13, 2026.
- Former sole officer/director Giorgi Loloshvili resigned effective June 29, 2026.
- Jon S. Cummings IV, Chairman/CEO of Alpha Investment Inc., appointed CEO, Treasurer, Secretary, and sole Director.
- Principal executive offices relocated from Limassol, Cyprus to Cincinnati, Ohio.
- No compensatory plan or contract was entered into with the new CEO at the time of appointment.
Financial Impact
Alpha acquired ~90% of Londax for an undisclosed aggregate cash purchase price. No per-share price or total deal value was disclosed.
Risk Factors
- No financial details of the acquisition price were disclosed, making valuation assessment impossible.
- The company is now controlled by a single entity with ~90% ownership, creating potential minority shareholder risks.
- The new CEO has no compensatory arrangement, suggesting the role may be transitional or part of a larger restructuring.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-005596 |
| Document: 0001683168-26-005596-index-headers.html | 0001683168-26-005596 |
| Document: 0001683168-26-005596-index.html | 0001683168-26-005596 |
| Document: 0001683168-26-005596.txt | 0001683168-26-005596 |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers