StageWise Strategies Corp. has officially completed a major acquisition, transforming into TEG Overseas, Inc. This strategic move is expected to significantly enhance the company's position in the hospitality and exhibition sectors in Uzbekistan.

The acquisition, finalized on October 13, 2026, involved the purchase of 99.99999012% of the participatory interests in TEG SPV LLC, a company based in Uzbekistan. This transaction was executed through a Share Exchange Agreement with TEG SPV and its owners, Tourism and Entertainment Group LLC and Ms. Irodakhon Abduvakhitova.

As a result of this acquisition, TEG SPV has become a wholly-owned subsidiary of the newly named TEG Overseas, Inc. The company now operates several key assets, including the Hilton Tashkent hotel, a Wyndham-branded hotel in Bukhara, and the Central Asian Expo exhibition center in Tashkent.

This acquisition positions TEG Overseas, Inc. to capitalize on the growing hospitality market in Uzbekistan, which has seen increased interest from both domestic and international travelers. The company aims to leverage its new assets to enhance guest experiences and expand its brand recognition in the region.

Background

StageWise Strategies Corp., now TEG Overseas, Inc., is classified under the SIC code 7374, which pertains to Services-Computer Processing & Data Preparation. The company trades under the ticker symbol TEGO on the OTC exchange. It has been operating as an emerging growth company, focusing on innovative solutions in the tech sector.

What the Filing Says

The recent SEC filing details the completion of the Share Exchange Agreement, stating, "Pursuant to the Share Exchange Agreement, on October 13, 2026, a closing was held at which the transaction...was consummated." The filing emphasizes that the company acquired a significant stake in TEG SPV, which will now serve as its primary business focus.

Impact

This acquisition is likely to impact various stakeholders, including existing shareholders, employees, and customers of both StageWise and TEG SPV. The integration of TEG SPV's assets into TEG Overseas, Inc. is expected to create new job opportunities and enhance service offerings in the hospitality sector.

What's Next

The filing does not specify what happens next, but it indicates that the company will take necessary actions to comply with Uzbek law regarding the registration of the new ownership structure.