# Hestia Insight Inc. (HSTA) — divestiture/asset_sale [completed]
Source: SEC API (secapi.ai) · situation sit_d926009c653e5bd51ddb · retrieved 2026-08-11T16:11:57.711Z

## Overview
Hestia Insight Inc. is a Nevada corporation engaged in management consulting services that owned a wholly-owned subsidiary, Hestia Investments Inc., which held operating assets, bank accounts, brokerage accounts, and operational contracts.

On April 25, 2026, Hestia Insight Inc. entered into a Strategic Divestiture & Settlement Agreement with Edward C. Lee, its Chairman and President, to transfer 100% of the equity interests of its wholly-owned subsidiary Hestia Investments Inc. to Lee in full satisfaction of a $500,000 compensation liability owed for six years of service without cash salary or standard executive benefits. The transaction closed on July 31, 2026, and included all underlying operating assets, bank accounts, brokerage accounts, and operational holdings. As additional consideration for the Company's stockholders, the subsidiary and Lee granted shareholders of record as of April 30, 2026 a right to receive 20% of the subsidiary's net earnings, calculated in accordance with U.S. GAAP, payable annually for 24 months following the closing date.

## Terms
- Counterparty: Edward C. Lee · Deal value: $500,000

## Key dates
- Completed 2026-07-31

## Timeline
- 2026-08-03 · 8-K (0001683168-26-005916): 8-K - Hestia Insight Inc. — *Hestia Insight Inc. is a Nevada corporation engaged in management consulting services that owned a wholly-owned subsidiary, Hestia Investments Inc., which held operating assets, bank accounts, brokerage accounts, and operational contracts.* On April 25, 2026, Hestia Insight Inc. entered into a Strategic Divestiture & Settlement Agreement with Edward C. Lee, its Chairman and President, to transfer 100% of the equity interests of its wholly-owned subsidiary Hestia Investments Inc. to Lee in full satisfaction of a $500,000 compensation liability owed for six years of service without cash salary or standard executive benefits. The transaction closed on July 31, 2026, and included all underlying operating assets, bank accounts, brokerage accounts, and operational holdings. As additional consideration for the Company's stockholders, the subsidiary and Lee granted shareholders of record as of April 30, 2026 a right to receive 20% of the subsidiary's net earnings, calculated in accordance with U.S. GAAP, payable annually for 24 months following the closing date.
  https://www.sec.gov/Archives/edgar/data/1813603/0001683168-26-005916.txt

## Citations
- 0001683168-26-005916 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000168316826005916