OFA Group acquires 50% stake in QIKBIM AI system for $17.5M with operational control

Filed April 6, 2026 · Period ending March 31, 2026 · ~1 min read

Key Changes

• high

  Subsidiary acquired 50% co-ownership of QIKBIM intellectual property for $17.5M total, with $12M already paid and $5.5M due by December 31, 2026. QIKBIM is an AI system with US and Hong Kong standards versions.

  Item 1.01 verify on EDGAR →
• high

  Despite 50/50 ownership split, OFA has sole operational control over all key decisions including product roadmap, pricing, customer contracts, and commercialization. Seller's consent rights are narrowly limited.

  Item 1.01 verify on EDGAR →
• medium

  Revenue will be split 50/50 after OFA first recovers certain development costs it funded. OFA controls all invoicing, collections, and financial operations for the QIKBIM business.

  Item 1.01 verify on EDGAR →