Item 2.01 - Completion of Acquisition or Disposition of Assets.

On December 30, 2021, as part of its repurchase of unregistered securities it previously sold to Kid Castle Educational Corp., a Delaware Corporation, GiveMePower Corporation transferred its 100% interest in, and control of Alpharidge Capital, LLC ("Alpharidge"), a California Limited Liability Company, in exchange for the One (1) Million Preferred Stock of GiveMePower Corporation at par value of $0.001, which it previously sold to Kid Castle Educational Corp on September 15, 2020. This transaction was accounted for as disposition of asset/subsidiary.

Item 3.02 Unregistered Sales of Equity Securities

On December 30, 2021, GiveMePower Corporation (the "Company") entered into a stock repurchase agreement with Kid Castle Educational Corp., a Delaware Corporation that is related to our President and CEO with respect to the a repurchase of the for the One (1) Million Preferred Stock of GiveMePower Corporation at par value of $0.001, which it previously sold to Kid Castle Educational Corp on September 15, 2020, in exchange for the transfer to Kid Castle Educational Corp, of 100% interest in, and control of Alpharidge Capital, LLC (a California Limited Liability Company). The Company previously acquired Alpharidge from Goldstein Franklin, Inc. on December 31, 2019. GiveMePower intends to cancel the One (1) Million Preferred Stock immediately upon receipt.




Item 8.01 Other Events

On December 30, 2021, Givemepower Corporation, a Nevada corporation (the "Purchaser"), entered into a Securities Purchase Agreement (the "SPA"), by and among the Company, Kid Castle Educational Corp., a Delaware Corporation ("Seller"), pursuant to which, subject to the terms and conditions of the SPA, Alpharidge Capital, LLC, a wholly owned subsidiary of Givemepower Corporation will merge with and into Kid Castle Educational Corp. (the "Merger"), with Alpharidge Capital, LLC. surviving such Merger as a wholly owned subsidiary of Kid Castle Educational Corp.

The resulting effect of this transaction is that all assets and liabilities associated with Alpharidge Capital, LLC. will henceforth report under Kid Castle Educational Corp. All assets and liabilities related to Alpharidge Capital, LLC. that used to be consolidated into Givemepower Corporation financial statements will henceforth be reported into Kid Castle Educational Corp's financial statements.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits



Exhibit No.   Description
   10.1         Securities Purchase Agreement dated December 30, 2021
    104       Cover Page Interactive Data File (embedded within the inline XBRL Document)

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