Ever Full Logistics Limited (EFLL) acquired Novagant Corp. (OTCPK:NVGT) from WeiQun Chen for $11.6 million in a reverse merger transaction on September 21, 2021. Upon the closing of the reverse merger, WeiQun Chen transferred all of his share capital in EFLL to the Novagant in exchange for 300 million shares of common stock of the Novagant , thus causing EFLL to become a direct wholly-owned subsidiary of the Novagant . The merger of EFLL into the Novagant results in EFLL having control of the combined entity. The Novagant now operates all of its business through EFLL in Hong Kong.

Ever Full Logistics Limited completed the acquisition of Novagant Corp. (OTCPK:NVGT) from WeiQun Chen in a reverse merger transaction on September 21, 2021.