8-K: LZG International to wind down, consent to SEC deregistration with $12,881,640 in liabilities

LZG International has no operations and no revenue, and its known liabilities were estimated at approximately $12,881,640 as of May 25, 2026, excluding contingent liabilities including a disputed Genius Group Ltd. arbitration award. The Board determined the company has no practical alternative but to wind down its affairs and recommends an assignment of all assets for the benefit of creditors under Chapter 727, Florida Statutes. LZG will consent to revocation of its common stock registration in SEC Administrative Proceeding File No. 3-22695, after which it will no longer file periodic reports and brokers and dealers will not be permitted to effect transactions in its common stock. LZG has not filed a periodic report since its Form 10-Q for the period ended February 28, 2023.

LZG International has no operations and no revenue, and its known liabilities were estimated at approximately $12,881,640 as of May 25, 2026, excluding contingent liabilities including a disputed Geni