Bong Lau Acquires 43.8% Stake in Intelligent Living Application Group Inc.

This filing details Bong Lau's beneficial ownership of Intelligent Living Application Group Inc. as of March 20, 2026. Mr. Lau, CEO and Chairman, holds 234,000 ordinary shares, 200,000 Series A preferred shares, and 1,000,000 Series B preferred shares. These holdings, after accounting for potential conversion of preferred shares and a 1-for-10 share consolidation, represent approximately 43.8% of the company's outstanding ordinary shares. The Series A shares have 20 votes each and are convertible into ordinary shares, while Series B shares have 50 votes each and are also convertible. Mr. Lau was granted stock awards for Series A shares on February 19, 2025, and entered into an employment agreement on August 5, 2025, with an annual compensation of $204,000 and an award of 10,000,000 Series B preferred shares. The employment agreement has a five-year term. The filing also notes that Mr. Lau has not been convicted in criminal proceedings or been a party to civil proceedings in the last five years.