{"schema":"rootz.ai/sec-company/v1","layer":0,"identity":{"name":"AIRWA INC.","cik":"0001674440","ticker":"YYAI","exchange":"Nasdaq","sic":"7370","sic_description":"Services-Computer Programming, Data Processing, Etc.","state_of_incorporation":"DE","headquarters":null,"founded":null,"ipo_date":null,"status":"active"},"summary":"PART I The Acquisition On March 18, 2024, the Company entered into a share purchase agreement (the Purchase Agreement) and a share exchange agreement (the Exchange Agreement) to acquire 70% of Yuanyu Enterprise Management Co., Limited (YYEM) from Mr. Hongyu Zhou, the sole shareholder of YYEM (YYEM Seller) for a combined $56 million (the Acquisition). $16.5 million of this amount was paid in cash on March 20, 2024, pursuant to the Purchase Agreement to acquire 20% of YYEM. 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