ORGANIZATION AND DESCRIPTION OF BUSINESS

12 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS

Uan Power Corp. (“Uan” or “the Company”) was incorporated in the State of Nevada on May 8, 2009. Uan completed a reincorporation of our company in Delaware under the name UAN Power Corp. on November 14, 2011.

Effective September 4, 2014, the Company filed a Certificate of Amendment of Certificate of Incorporation in Delaware, wherein the Company increased its authorized share capital to 420,000,000 shares of stock which includes 400,000,000 shares of common stock, having a par value of $0.00001 per share and 20,000,000 shares of Preferred Stock, having a par value of $0.00001 per share.

The Company was originally organized to seek opportunities to manage income producing commercial and residential real estate properties in Florida and the southeastern region of the United States.

The Company’s year-end is June 30th.

On June 24, 2022 the Company filed a Definitive Information Statement to:

To authorize a reverse split of the common stock issued and outstanding on a one new share for five hundred thousand (500,000) old shares basis as of July 24, 2022.

To authorize a forward split of the common stock issued and outstanding as of July 24, 2022. Subsequent to the 1/500,000 reverse split described above, each share of post reverse split adjusted issued and outstanding Common Stock shall be forward split on a one for five hundred (500) basis such that each post reverse split old share represents 500 new shares.

To authorize the Board of Directors to change the name of the corporation to Ridgedale Holdings, Inc.

All of these actions require the approval of the Financial Industry Regulatory Authority (“FINRA”) and have not yet been approved as of the date of this filing.

The Company’s year-end is June 30th.

UAN Power Corp 10-K