On April 5, 2022, Icon Media Holdings, Inc.entered into a definite agreement with Community Economic Capital LLC, controlled by Frank I Igwealor, (the "Seller"), and Eastwin8 Pte Ltd, Singapore ("EASTWIN8", Purchaser"), wherein Seller sold its control block preferred stock of the Company, to Purchaser, represented by Mr. David Chong as part of a mutually beneficial transaction in the Company purchased the total outstanding shares of EASTWIN8 in exchange of majority holding, the control block preferred stock. On April 5, 2022, following a change of control transaction that was completed on April 5, 2022, the Company appointed Mr. David Chong as member of the Board, CFO and Treasurer of the Company.