Ubuyholdings UBYHD

UbuyHoldings, Inc. is a Nevada corporation that operates as a public shell company with no specific business operations at present. The company was originally incorporated in 1985 as Java, Inc. and underwent several name changes including Wasatch International Corporation in 1995 and E-Pawn.com, Inc. after acquiring E-Pawn, Inc. in February 2000. Its subsidiary E-Pawn, Inc. once operated an Internet auction site and sought to develop complementary electronic commerce businesses under the UBUYNETWORK. COM umbrella. After filing a Form 10-K/A for the period ending May 31, 2000 on November 19, 2001 the entity became dormant and has not engaged in any active trading or manufacturing activities since that time. On July 26, 2023 a custodianship was appointed in Clark County, Nevada and Mr. David Lazar was named chief executive officer president secretary chief financial officer and chairman of the board. Following a stock purchase agreement with AEI Capital Ltd. on June 20, 2024 control of the company transferred to new officers including Mr. John Tan Honjian as chief executive officer president chief financial officer and secretary and Mr. Mohd Azham bin Azudin as chief financial officer appointed on April 16, 2025. The company currently holds no assets owns no intellectual property and maintains only a nominal office at 300 Mamaroneck Avenue Apt. 201 White Plains New York 10605. Its primary purpose is to identify and merge with an operating business that has experienced management and growth prospects in order to create value for shareholders through the issuance of its common stock. UbuyHoldings, Inc. explicitly states that it will not limit its search to any particular industry or geographic region and may pursue any business opportunity that becomes available.

UbuyHoldings, Inc. does not generate any revenue because it lacks an operating business model products or services that could produce sales. The company has reported no revenue streams in its filings and indicates that it has essentially no assets to offer to potential acquisition candidates. Its current financial activity is limited to covering ongoing operating expenses through minimal part time contributions from its officers who each devote approximately ten hours per week to company affairs. The company expects to raise any necessary capital for a future merger through debt or equity financing rather than through operational earnings. Because it has no source of recurring income its financial statements reflect only nominal expenses related to professional fees custodial costs and nominal office maintenance. Until a business combination is consummated the company will continue to rely on external funding sources to sustain its existence as a shell entity.

UbuyHoldings, Inc. holds an insignificant position within the broad market of blank check companies and shell entities that seek merger or acquisition targets. The filing notes that many established venture capital firms financial investors and special purpose acquisition companies possess considerably greater financial resources personnel expertise and technical capabilities than UbuyHoldings, Inc. can offer. As a result the company faces a significant competitive disadvantage when attempting to identify attractive business opportunities and negotiate favorable terms. Its limited access to capital and lack of a dedicated management team further reduce its ability to compete with participants that can provide substantial funding or operational support to prospective targets. The company acknowledges that it will likely be able to pursue only one potential business venture due to its constrained financial resources and that any merger will most likely result in substantial dilution of existing shareholders ownership interests. Despite these challenges UbuyHoldings, Inc. maintains that it will evaluate opportunities based on the best business judgment of its management and will consider factors such as the target’s financial health management quality growth prospects and potential for profit when deciding whether to proceed with a transaction.

As a shell company with no operating business UbuyHoldings, Inc. does not serve any customer base and has no defined market for products or services. The company has not reported any customers clients or end users in its disclosures and states that it owns no intellectual property that could be offered to third parties. Any future customer relationships would depend entirely on the nature of the business that is eventually acquired through a merger or acquisition. Until such a transaction occurs the company’s activities are confined to searching for a suitable target and maintaining minimal corporate compliance obligations. Consequently there are no specific customer names to list and the company’s current customer base can be described as non existent.