StageWise Strategies Corp. has completed a business combination that resulted in the acquisition of 99.99999012% of the charter capital of TEG SPV LLC. The transaction, executed on October 13, 2026, involved the issuance of 183,098,434 shares of common stock to the sellers. These shares represent approximately 97.3% of the company following the exchange.
Under the terms of the Share Exchange Agreement, the company acquired the assets of TEG SPV, a limited liability company organized in the Republic of Uzbekistan. The acquired entity directly holds participatory interests in three operating subsidiaries: AKFA Dream World LLC, Cultural Landmark Hotel LLC, and CAEX LLC. AKFA Dream World operates the Hilton Tashkent hotel, Cultural Landmark Hotel operates the Wyndham Bukhara hotel, and CAEX operates the Central Asian Expo exhibition center.
As a result of the transaction, the company’s name was changed to TEG Overseas, Inc. The company’s principal business will now be the operation of these hospitality and exhibition assets in Uzbekistan. The company also intends to continue its existing search engine optimization business.
Immediately prior to the closing, the company’s controlling stockholder, Mr. Jakhongir Abidovich Artikkhodjaev, transferred his shares to TEG Parent, a seller in the transaction. Following the closing, TEG Parent owns approximately 68.30% of the outstanding common stock, and Ms. Irodakhon Abduvakhitova, the Individual Seller, owns approximately 31.14% of the outstanding common stock. Ms. Abduvakhitova was appointed as a director of the company following the closing.
The company noted that the transfer of ownership under Uzbek law is subject to registration in the unified state register of legal entities. The parties expect this registration to occur no later than October 16, 2026. Additionally, the company waived a concurrent financing condition that would have required raising at least $18,000,000 at the time of the closing.
The company’s financial statements for the fiscal year ended September 30, 2025, reflect revenues of $95,409 and a net loss of $74,758. The company reported an accumulated deficit of $112,364 and negative cash flow from operations of $74,758 for the same period.