# Invech Holdings, Inc. (IVHI) — divestiture/asset_sale [completed]
Source: SEC API (secapi.ai) · situation sit_03233d0c010066730a7e · retrieved 2026-08-11T16:11:58.031Z

## Overview
Invech Holdings, Inc. is a Nevada corporation that previously owned a software-as-a-service real estate rental property management marketplace platform operated at www.paragonrentals.ai, which was divested and spun out to the former majority shareholder as a condition of the change of control.

On July 17, 2026, Alexander M. Woods-Leo, the majority shareholder of Invech Holdings, Inc., entered into a Stock Purchase Agreement to sell his control block of 88,000,000 shares of Common Stock and 300,000 shares of Series A Preferred Stock to Stephen Ken Adair for a total purchase price of $290,000. The transaction closed on August 3, 2026, with the Paragon Assets (a SaaS real estate rental property management platform) spun out to Woods-Leo as a condition of closing. The Series A Preferred Stock confers 80% of total voting power, thereby transferring voting control of the Company to Adair. Woods-Leo resigned from all officer and director positions effective August 3, 2026, and Adair was appointed as President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary, and Director.

## Terms
- Counterparty: Stephen Ken Adair · Deal value: $290,000 · Consideration: cash · Stake: 75.9%

## Key dates
- Completed 2026-08-03

## Timeline
- 2026-08-03 · 8-K (0001683168-26-005918): 8-K - Invech Holdings, Inc. — *Invech Holdings, Inc. is a Nevada corporation that previously owned a software-as-a-service real estate rental property management marketplace platform operated at www.paragonrentals.ai, which was divested and spun out to the former majority shareholder as a condition of the change of control.* On July 17, 2026, Alexander M. Woods-Leo, the majority shareholder of Invech Holdings, Inc., entered into a Stock Purchase Agreement to sell his control block of 88,000,000 shares of Common Stock and 300,000 shares of Series A Preferred Stock to Stephen Ken Adair for a total purchase price of $290,000. The transaction closed on August 3, 2026, with the Paragon Assets (a SaaS real estate rental property management platform) spun out to Woods-Leo as a condition of closing. The Series A Preferred Stock confers 80% of total voting power, thereby transferring voting control of the Company to Adair. Woods-Leo resigned from all officer and director positions effective August 3, 2026, and Adair was appointed as President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary, and Director.
  https://www.sec.gov/Archives/edgar/data/1009919/0001683168-26-005918.txt

## Citations
- 0001683168-26-005918 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000168316826005918
