Item 8.01 Other Events.
References to "We," "Our," and "the Company," refer to Photozou Holdings, Inc.,
a Delaware Company.
On September 21, 2020, Photozou Co., Ltd., our principal controlling
shareholder, entered into a Stock Purchase Agreement (the "Agreement") with
Koichi Ishizuka, our Sole Officer and Director. Pursuant to the closing of the
Agreement on September 21, 2020, Photozou Co., Ltd. transferred to Koichi
Ishizuka 4,553,200 shares of our common stock, which represents approximately
56.9% of our issued and outstanding common stock, in consideration of
JPY6,657,917 (approximately $60,500).
Photozou Co., Ltd. was and remains owned and controlled entirely by Koichi
Ishizuka, and as result is deemed to be a related party. Given Koichi Ishizuka's
prior control of the Company through Photozou Co., Ltd., we do not believe that
this transaction is deemed to be a change in control of the Company.
The foregoing description of the Stock Purchase does not purport to be a
complete description of the terms of the Agreement and is qualified in its
entirety by the full text of the Agreement, which is filed as Exhibit 10.1
hereto and incorporated herein by reference.
Item 9.01 Exhibits.
Exhibit Number Description of Exhibit
10.1 Stock Purchase Agreement (by and between Photozou Co., Ltd. and
Koichi Ishizuka dated September 21, 2020)
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