Marvion Inc. Settles $3.95 Million Debt With Share Issuance

Reuters
Dec 31, 2025
<a href="https://laohu8.com/S/MVNC">Marvion Inc.</a> Settles $3.95 Million Debt With Share Issuance

Marvion Inc. has announced a debt settlement agreement with Star Warehouse Engineering Limited. Under the terms of the agreement, Marvion will issue 15,816,576 shares of its common stock at a price of $0.0321 per share to Ng Chun Man. This issuance serves as full payment for a $3,950,000 debt owed by Marvion's wholly owned subsidiary, United Warehouse Management Limited, to Star Warehouse. The per share price was determined based on the seven-day average closing price of Marvion’s stock preceding the agreement, which was approved by the company's Board of Directors on December 30, 2025.

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