The $355,000 deal installs two veteran investment bankers atop a Nevada shell and clears out its sole prior officer.

July 2, 2026

Control of Stark Focus Group, Inc. has passed to MJG Polo LLC, a Delaware entity that closed its acquisition of a majority equity stake on June 25 and immediately installed a new board and executive team drawn from investment bank Lucid Capital Markets.

Under a stock purchase agreement signed June 9, MJG Polo acquired 8,300,000 common shares — roughly 83.43% of Stark Focus Group’s outstanding stock — from Compass North Holdings Limited, a UK-organized selling stockholder. The purchaser paid $355,000 for the block. The agreement carries the customary representations, warranties, covenants and indemnities, with the company and seller agreeing to backstop the buyer against certain breaches.

Leadership overhaul

The change of ownership came with a near-total turnover of the company’s officers and directors. The board voted on June 16 to expand from one seat to two, effective at closing. Cao Zhi Fen, who had held every principal role — director, president, chief executive, treasurer and secretary — stepped down, with the company stating the departure did not stem from any disagreement over its operations, policies or practices.

Stepping in:

• David I. Rosenberg — director and chairman of the board.
• John Lipman — chief executive, chief financial officer and director.

New principals

Both incoming executives come from Lucid Capital Markets. Rosenberg, 52, co-founded the firm and serves as its co-chief executive; he previously spent more than twelve years as co-president and CEO of Ladenburg Thalmann and chairs the blank-check vehicle Illumination Acquisition Corp.

Lipman, 49, is Lucid’s head of capital markets, having joined in April 2025 after more than a decade as a managing director at Craig-Hallum. His track record is heavily weighted toward special-purpose acquisition companies: he held senior roles across the Roth CH Acquisition series, whose vehicles merged with targets including PureCycle Technologies, Reservoir Media, QualTek, Tigo Energy, New Era Helium and, most recently, SharonAI.

Neither incoming executive reports family ties to existing insiders or any arrangements beyond the purchase agreement itself.