Item 8.01 Other Events.

1. Financial Investment Management Agreement/Contract between an international ultra-high-net-worth investor and Philux Global Group, Inc. (aka PHI Group, Inc.).

On November 03, 2022, the registrant (the" Investment Manager"), signed a Financial Management Agreement/Contract (the "Agreement") with an international ultra-high-net-worth investor group (the "Investor Party") to manage an investment amount (the "Investment Amount") of One Billion United States Dollars (USD 1,000,000,000) on behalf of the Investor Party for investment in select transactions and projects to be selected, advised and managed by the Investment Manager for a period of ten years. According to the Agreement, the Investment Manager shall be entitled to 15% of the Investment Amount for its own investment and benefits. In addition, the sharing of profits and dividends from the investment results of 80% of the Investment Amount will be determined by the two parties in a subsequent agreement.

Item 9.01 Financial Statements and Exhibits

Due to the nature of strict confidentiality and non-disclosure agreement, a hard copy of the Agreement will be submitted directly to the Securities and Exchange Commission.

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