On December 27, 2018, Honetech Inc, a Samoa company, consummates the purchase of 2,499,800 shares of common stock of Vivic Corp (“Company”) from Yoel Rosario Duran for the price of $151,984.80 and 1,999,800 shares of common stock of the Company from Dmitriy Perfilyev for the price of $151,984.80 pursuant to the share purchase agreements entered on December 21, 2018. Upon the consummation of these transactions, Hontech Inc became the controlling shareholder of the Company. Honetech Inc used its company working capital to purchase these shares.
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