Rebel Holdings Limited intends to acquire Rebel Group, Inc. (OTCBB:REBL) in a reverse merger transaction on January 8, 2015. The completion of acquisition is contingent on satisfaction of Rebel Group's due diligence investigation on Rebel FC, Rebel FC providing U.S. GAAP audited financial statements for the past two fiscal years and the subsequent interim period and Rebel FC entering into acquisition documents that are satisfactory to Rebel GroupRebel Holdings Limited entered into a share exchange agreement to acquire Rebel Group, Inc. (OTCBB:REBL) in a reverse merger transaction on January 30, 2015. As per the terms of the agreement, Rebel Group, Inc. issued an aggregate of 20.7 million common shares as consideration comprising 90% stake in Rebel Group, Inc. The transaction will result in Rebel Holdings Limited owning 90% of the issued and outstanding common stock of Rebel Group, Inc. Upon completion of the transaction, Rebel Group, Inc. will become subsidiary of Rebel Holdings Limited. In a related transaction, Rebel Group entered into an Equity transfer agreement to sell 100% stake in Moxian Intellectual Property Limited to Moxian China, Inc. for $6.8 million. Darren Ofsink of Ofsink, PLLC acted as legal advisor for Rebel Holding Limited.

Rebel Holdings Limited completed the acquisition of Rebel Group, Inc. (OTCBB:REBL) in a reverse merger transaction on January 30, 2015.