LZG International Plans Wind-Down Through Assignment for Benefit of Creditors

• LZG International’s board determined the company must wind down, recommending an assignment of all assets for creditors’ benefit as the most cost-effective option.
• Known liabilities totaled approximately $12.88 million as of May 25, 2026, excluding contingent liabilities such as Genius Group’s disputed claim.
• Liabilities substantially exceed assets; the company has no operations or revenue, with limited funds remaining.
• The board will consent to revocation of its common stock registration, ending periodic SEC reporting and barring broker-dealer transactions in the stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lzg International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-009633), on November 10, 2026, and is solely responsible for the information contained therein.