Form 8-K

8-K — OFA Group

Accession: 0001493152-26-015235

Filed: 2026-04-06

Period: 2026-03-31

CIK: 0002036307

SIC: 8711 (SERVICES-ENGINEERING SERVICES)

Item: Entry into a Material Definitive Agreement

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-10.1 (ex10-1.htm)

EX-99.1 (ex99-1.htm)

GRAPHIC (ex99-1_001.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: form8-k.htm · Sequence: 1

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0002036307

2026-03-31

iso4217:USD

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): March 31, 2026

OFA

GROUP

(Exact

name of registrant as specified in its charter)

Cayman

Islands

001-42592

98-1824417

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

No.)

609

Deep Valley Drive, Suite 200 Rolling Hills, CA

92074

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (800) 418-5160

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under

any of the following provisions (see General Instruction A.2. below):

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Class

A Ordinary Shares, $0.001 par value per share

OFAL

The

Nasdaq Capital Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01. Entry into a Material Definitive Agreement.

March 31, 2026, OFA Group, Inc. (the “Company”) entered into a Real World Asset Tokenization Service Agreement (the

“Agreement”) with MD Queens Development LLC, or its designated special purpose vehicle (the “Client”),

in connection with a proposed mixed-use real estate development project located in Long Island City, New York (the “Project”).

Pursuant

to the Agreement, the Company, through its Hearth RWA tokenization platform, will provide certain blockchain-based tokenization infrastructure

and related technology services in connection with the Project. Such services include, among other things, the design and technical creation

of digital tokens representing interests in a designated special purpose vehicle associated with the Project, development and deployment

of smart contracts, digital asset registry infrastructure, integration of project-related documentation, and implementation of certain

compliance-enabled technical features.

Under

the Agreement, the Company is entitled to receive an aggregate platform technology fee of $15,000,000. The fee is payable in two milestone-based

installments, consisting of (i) an initial installment equal to 50% of the total fee upon execution of the Agreement and delivery of

certain initial platform architecture and configuration materials and (ii) a second installment equal to the remaining 50% upon initiation

of deployment of smart contracts, platform infrastructure and token issuance setup, and full platform integration, in each case subject

to invoicing and the other terms and conditions of the Agreement. The Agreement provides that the fee constitutes compensation solely

for technology and tokenization infrastructure services and is not contingent upon the success of any capital raising, token sale, or

investment activity.

The

Agreement further provides that the Company’s role is limited to technology infrastructure and platform services. The Agreement

states that the Company will not act as an issuer, broker-dealer, placement agent, investment adviser, exchange operator, or fundraising

intermediary in connection with the Project or any digital assets issued in connection therewith, and that the Client will remain solely

responsible for securities law compliance, offering structure, investor-related activities, and related matters.

The

Agreement contains customary representations and warranties, confidentiality obligations, indemnification provisions, limitations of

liability, and termination provisions. The Agreement will remain in effect until completion of the services described therein, unless

earlier terminated in accordance with its terms.

The

foregoing description of the Agreement is qualified in its entirety by reference to the full text of the Agreement, which is filed as

Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item

7.01. Regulation FD Disclosure.

April 6, 2026, the Company issued a press release announcing its entry into the Agreement. A copy of the press release is furnished as

Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference into this Item 7.01.

The

information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes

of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the

liabilities of that section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended,

or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item

9.01. Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

Description

10.1

Real World Asset Tokenization Service Agreement, dated March 31, 2026, by and between OFA Group, Inc. and MD Queens Development LLC (or its designated special purpose vehicle).

99.1

Press Release, dated April 6, 2026.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Date:

April 6, 2026

OFA

Group

By:

/s/

Li Hsien Wong

Name:

Hsien Wong

Title:

Chief

Executive Officer

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit

10.1

INTELLECTUAL

PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

and Between

Office

for Fine Architecture Limited

and

Alan

To AI Consultancy Co. Limited

Effective

Date: March 31, 2026

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

This

Intellectual Property Assignment and Co-Ownership Agreement (this “Agreement”) is dated as of March 31, 2026 (the “Effective

Date”), by and between Office for Fine Architecture Limited, a company incorporated under the laws of Hong Kong, whose registered

office is at Unit B, 16/F., Easy Tower, 609 Tai Nan West Street, Cheung Sha Wan, Hong Kong (“Buyer”), and Alan To AI Consultancy

Co. Limited, a company incorporated under the laws of Hong Kong, whose registered office is at Unit 03, 11/F, 383 King’s Road,

North Point, Hong Kong (“Seller”). Buyer and Seller are sometimes referred to individually as a “Party” and collectively

as the “Parties”.

RECITALS

Buyer and Seller are parties

to that certain Co-Development Agreement, dated as of May 23, 2025 (the “Co-Development Agreement”), pursuant to which

Seller agreed to provide certain co-development services relating to the QIKBIM system and related deliverables.

Pursuant to the Co-Development

Agreement, Buyer and/or its affiliates have paid to Seller an aggregate amount of US$11,994,800 as of the Effective Date in connection

with the development of the QIKBIM system and related deliverables (the “Historical Payments”), and an unpaid amount of

US$2,998,700 remains outstanding as of the Effective Date in respect of the Co-Development Agreement (the “Final Installment”),

which the Parties have agreed in this Agreement shall be paid by Buyer to Seller on or before December 31, 2026.

The Parties have considered

the Independent Valuation Report and, through arm’s-length commercial negotiation, now desire that, in lieu of Buyer holding

only a time-limited exclusive license and purchase option structure, Buyer shall acquire, and Seller shall assign to Buyer, a 50% undivided

co-ownership interest in the Acquired IP (as defined below), while Buyer shall retain sole and final governance and commercialization

authority as set forth herein.

The Parties further desire

to provide that the Historical Payments and the Final Installment shall be credited and applied toward the negotiated Purchase Price

for the Acquired Interest, and that the remaining balance of the Purchase Price shall be payable by Buyer to Seller as supplemental

deferred consideration in accordance with this Agreement.

The Parties further acknowledge

that the acquisition of the Acquired Interest and the related governance arrangements shall become effective on the Effective Date,

notwithstanding that the Final Installment and the Supplemental Consideration may be paid after the Effective Date in accordance with

this Agreement.

NOW,

THEREFORE, in consideration of the mutual covenants, agreements, representations and warranties contained herein, and intending to be

legally bound, the Parties agree as follows:

ARTICLE

I. DEFINITIONS

“Acquired

Interest” means the fifty percent (50%) undivided co-ownership interest in the Acquired IP assigned by Seller to Buyer pursuant

to Section 2.1.

“Acquired

IP” means all right, title and interest owned or controlled by Seller in and to the QIKBIM system relating to, incorporating,

enabling or required for the United States standards and Hong Kong standards adaptation and commercialization version, including, to

the extent owned or controlled by Seller, all source code, object code, scripts, rule engines, models, algorithms, APIs, repositories,

data structures, technical documents, deployment materials, test materials, manuals, architecture diagrams, product documentation, branding

elements used for the QIKBIM Business, all updates, upgrades, modifications, derivative works, improvements and enhancements thereof,

and all Seller-owned or Seller-controlled rights necessary to use, operate, maintain, modify and commercialize the QIKBIM Business; provided

that the Acquired IP shall not be limited solely to the user-interface adaptation layer and shall include all Seller-owned or Seller-controlled

rights necessary for the practical operation and commercialization of the QIKBIM Business. For the avoidance of doubt, Excluded IP shall

not form part of the Acquired IP, except to the extent Seller is required under this Agreement to ensure Buyer’s continuous practical

ability to exercise the rights granted herein.

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STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

“Affiliate”

means, with respect to any Person, any other Person that directly or indirectly controls, is controlled by, or is under common control

with, such Person.

“Business

Day” means any day other than a Saturday, Sunday or public holiday on which licensed banks are generally open for business

in Hong Kong.

“Buyer-Funded

Development Amounts” means all amounts funded, advanced or incurred by Buyer or any of its Affiliates after the Effective Date

for the development, maintenance, enhancement, hosting, remediation or commercialization of the Acquired IP or the QIKBIM Business, to

the extent not reimbursed by Seller.

“Closing”

means the consummation of the transactions contemplated by this Agreement, which shall occur simultaneously with the execution and delivery

of this Agreement unless otherwise expressly provided herein.

“Co-Development

Agreement” has the meaning set forth in Recital A.

“Historical

Payments” means the aggregate amount of all amounts actually paid by Buyer and/or any of its Affiliates to Seller under the

Co-Development Agreement as of the Effective Date, in the amount of US$11,994,800.

“Final

Installment” means the fixed unpaid balance in the amount of US$2,998,700 outstanding as of the Effective Date in respect of

the Co-Development Agreement, which the Parties have agreed pursuant to this Agreement shall be paid by Buyer to Seller on or before

December 31, 2026.

“Supplemental

Consideration” means US$2,506,500, being the portion of the Purchase Price remaining after application of the Historical Payments

and the Final Installment.

“Independent

Valuation Report” means the valuation report prepared by the mutually acknowledged third-party valuation advisor in respect

of the fair value of the applicable QIKBIM IP and related rights, which report the Parties have considered as a reference point in determining

the Purchase Price through arm’s-length commercial negotiation.

“Net

Monetization Proceeds” means all gross cash proceeds actually received by either Party from the licensing, sublicensing, commercialization,

distribution, monetization, enforcement or other exploitation of the Acquired IP, less: (a) third-party commissions, channel fees and

transaction taxes actually borne; (b) out-of-pocket enforcement costs; and (c) Buyer-Funded Development Amounts to the extent recoverable

in accordance with Section 5.2.

“Permitted

Seller Fundamental Matters” means only the following limited matters requiring Seller’s prior written consent: (a) any

amendment to the 50/50 economic split of Net Monetization Proceeds expressly set forth in this Agreement; (b) any voluntary sale of all

or substantially all of the Acquired IP to an unrelated third party; (c) any voluntary abandonment of all material rights in the Acquired

IP without replacement; and (d) any written amendment or arrangement that would require Seller to contribute any additional capital or

other funding obligation in respect of the Acquired IP or the QIKBIM Business, or that would reduce Seller’s express fifty percent

(50%) economic sharing rights, in each case other than as expressly provided in this Agreement. For the avoidance of doubt, Permitted

Seller Fundamental Matters shall be interpreted narrowly and shall not include any right to participate in day-to-day operational, technical,

budgetary, product, customer, pricing, licensing, channel, branding, compliance or commercialization decisions.

Page 2

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

“Person”

means any natural person, corporation, company, partnership, trust, governmental authority or other legal or business entity.

“QIKBIM

Business” means the business of developing, marketing, licensing, maintaining, improving and commercializing the QIKBIM system

and related products and services globally.

“Seller

Retained Interest” means the fifty percent (50%) undivided co-ownership interest in the Acquired IP retained by Seller after

Closing, subject in all respects to this Agreement.

“Underlying

Rights” means all third-party or upstream rights, licenses, consents, source-code access rights, tools, algorithms, modules,

components, services and other rights necessary for the Acquired IP and the QIKBIM Business to function, to be maintained, to be modified

and to be commercialized as contemplated by this Agreement.

ARTICLE

II. SALE AND ASSIGNMENT; PURCHASE PRICE; CLOSING

2.1

Assignment of Acquired Interest.

Subject

to the terms and conditions of this Agreement, at the Closing Seller hereby irrevocably sells, assigns, transfers, conveys and delivers

to Buyer, and Buyer hereby acquires from Seller, the Acquired Interest, free and clear of all liens, encumbrances, security interests,

pledges, options, claims and restrictions of any nature other than those created by this Agreement. The assignment effected by this Section

2.1 shall include, without limitation, a present assignment of all applicable rights to sue and recover for past, present and future

infringement, misappropriation or other violation of the Acquired IP to the extent relating to the Acquired Interest.

2.2

Purchase Price.

The

aggregate purchase price for the Acquired Interest (the “Purchase Price”) shall be US$17,500,000. The Parties acknowledge

that the Purchase Price was determined through arm’s-length commercial negotiation informed by, and with reference to, the Independent

Valuation Report, together with the Parties’ assessment of the development status, commercialization prospects, capital requirements,

risk allocation and strategic value of the QIKBIM Business.

2.3

Escrow; Application of Historical Payments; Final Installment; Supplemental Consideration.

On the Effective Date and automatically without any further action by either Party, the Historical Payments shall be credited and applied,

dollar-for-dollar, against the Purchase Price. Buyer shall pay the Final Installment of US$2,998,700 to Seller on or before December

31, 2026 pursuant to the agreement of the Parties set out in this Agreement, and upon such payment the Final Installment shall be credited

and applied against the Purchase Price. Buyer shall further pay to Seller the Supplemental Consideration of US$2,506,500 on or before

December 31, 2026. Any unpaid Final Installment or Supplemental Consideration not paid when due shall accrue simple interest from the

due date until paid at a rate of three percent (3%) per annum or the maximum rate permitted by applicable law, whichever is lower. For

the avoidance of doubt, any delay or failure by Buyer to pay any portion of the Purchase Price when due shall not unwind, rescind or

automatically reverse the assignment of the Acquired Interest effected on the Effective Date, and Seller shall be entitled to pursue

recovery of the unpaid amount, accrued interest and any other remedies available under this Agreement or applicable law. The Parties

agree that the Historical Payments, the Final Installment and the Supplemental Consideration together constitute full satisfaction of

the Purchase Price.

As part of the transaction arrangement contemplated by this Agreement, Buyer shall deposit US$880,000 (the “Escrow Amount”)

into an escrow account designated by Buyer promptly following the execution of this Agreement. The Escrow Amount shall constitute part

of, and not in addition to, the Purchase Price and shall be credited against the Supplemental Consideration when released to Seller.

Unless otherwise agreed by the Parties in writing, the Escrow Amount shall be held in escrow and released to Seller on or before December

31, 2026 pursuant to the written instructions of Buyer and Seller.

Page 3

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

2.4

Effective Date; Simultaneous Signing and Closing.

The

execution of this Agreement and the Closing shall occur on the Effective Date. The Closing and the transfer of the Acquired Interest

and the control package contemplated hereby shall be deemed effective as of 12:01 a.m. Hong Kong time on the Effective Date, notwithstanding

that the Final Installment may be paid after the Effective Date in accordance with Section 2.3.

2.5

Closing Deliveries.

the Closing, Seller shall deliver or cause to be delivered to Buyer: (a) such executed confirmatory assignments and other instruments

as Buyer may reasonably require to perfect the assignment contemplated hereby; (b) complete source-code repository access, administrator-level

credentials, repository lists and branch / version history materials then available to Seller; (c) the principal deployment guides, architecture

documents, admin manuals, user manuals, API materials and test / UAT materials then available to Seller; (d) an officer’s certificate

covering authority, bringing down in all material respects the accuracy of Article VII as of the Closing, confirming that Seller is not

aware of any exception not previously disclosed in writing to Buyer before the Effective Date, and further confirming title, no undisclosed

restrictions, no hidden lockout or disabling functionality and no conflicting grants; (e) the contributor and contractor IP assignment

confirmations and open-source / third-party component list then available to Seller, together with written confirmation regarding any

required third-party consents; and (f) the transition-support and knowledge-transfer package contemplated by Article VI, including the

key personnel list, support contacts, hosting / server / data storage / key / access-rights inventory and contingency arrangements then

available to Seller.

ARTICLE

III. NATURE OF CO-OWNERSHIP; SCOPE OF RIGHTS; RELATIONSHIP TO PRIOR AGREEMENTS

3.1

Nature of Co-Ownership.

Following

the Closing, Buyer and Seller shall hold the Acquired IP as contractual co-owners in the percentages set forth herein. Such co-ownership

shall constitute an undivided co-ownership of rights solely as provided in this Agreement and shall not create any partnership, joint

venture, fiduciary relationship or other association between the Parties except as expressly set forth herein.

3.2

Buyer Control Overrides Default Co-Ownership Rules.

The

Parties expressly agree that any statutory, common-law or equitable default rule that might otherwise require joint consent or equal

management rights among co-owners shall be contractually displaced by the terms of this Agreement. Without limiting the foregoing, Buyer

shall have the sole and final decision-making authority set forth in Article IV, and Seller’s rights with respect to the Acquired

IP shall be limited to the economic and expressly reserved consent rights set forth herein.

3.3

Supersession and Amendment of Prior Arrangements.

of the Effective Date, this Agreement amends, restates, replaces and supersedes, solely with respect to the Acquired IP and the transactions

contemplated hereby, the option-to-purchase mechanics, exclusivity and license mechanics, acquisition-cost conversion mechanics, treatment

and agreed payment timing of the Final Installment, governance arrangements and any other provisions of the Co-Development Agreement

and any related side letters or oral understandings that are inconsistent with this Agreement. For the avoidance of doubt, only the following

provisions of the Co-Development Agreement shall continue in effect after the Effective Date, and only to the extent not inconsistent

with this Agreement: confidentiality obligations, accrued payment obligations arising prior to the Effective Date, and any provisions

that expressly survive termination by their terms or by applicable law. In the event of any conflict between this Agreement and the Co-Development

Agreement with respect to the Acquired IP or the QIKBIM Business, this Agreement shall control.

Page 4

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

3.4

Seller Obligation to Deliver Sufficient Rights.

Notwithstanding

any carve-out for Excluded IP or third-party-owned background technology, Seller shall remain responsible for using commercially reasonable

efforts to enable Buyer to receive and continuously exercise the rights expressly granted under this Agreement, including the rights

reasonably necessary to use, access, operate, maintain, modify, improve, host, deploy, market, license, sublicense and otherwise commercialize

the Acquired IP and the QIKBIM Business as contemplated by this Agreement. To the extent any Underlying Right is required for the foregoing

and is within Seller’s control or contractual reach, Seller shall use commercially reasonable efforts to provide, preserve or procure

continuation of such Underlying Right and shall promptly notify Buyer of any material issue of which Seller becomes aware.

3.5

No Implied Reservation Against Buyer.

Any

right not expressly reserved to Seller in this Agreement shall be deemed vested in or controlled by Buyer for governance and operational

purposes. In the event of any ambiguity, this Agreement shall be interpreted in a manner that gives effect to the Parties’ agreed

commercial allocation of rights, namely Buyer’s governance and operational control over the Acquired IP and the QIKBIM Business

and Seller’s economic rights expressly set forth in this Agreement.

ARTICLE

IV. GOVERNANCE; ABSOLUTE CONTROL; RESTRICTIONS; CALL RIGHT

4.1

Buyer Sole and Final Authority.

From

and after the Effective Date, Buyer shall have the sole and final right, power and authority to manage, control and direct all operational,

technical, strategic and commercial matters relating to the Acquired IP and the QIKBIM Business, including, without limitation: (a) product

roadmap; (b) feature prioritization; (c) technical architecture; (d) source-code branch control; (e) software releases and deployment

timing; (f) further development, modification, enhancement and derivative works; (g) branding and naming; (h) pricing, discounts and

commercial terms; (i) customer contracting, channel arrangements and distribution strategy; (j) licensing and sublicensing; (k) litigation

and enforcement strategy; (l) settlement strategy; (m) cloud deployment and hosting; (n) data governance and system security; (o) budgets

and resource allocation; (p) support models; and (q) compliance and public-company process relating to the Acquired IP and the QIKBIM

Business.

4.2

Limited Seller Consent Matters.

Seller

shall not have any veto, approval or consultation right with respect to any matter except for the Permitted Seller Fundamental Matters.

For the avoidance of doubt, no day-to-day operational, budgetary, technical, product, customer, channel, licensing, pricing or compliance

matter shall constitute a Permitted Seller Fundamental Matter, and Buyer’s determination shall control in any case of uncertainty.

4.3

Seller Negative Covenants.

Without

Buyer’s prior written consent, Seller shall not, directly or indirectly: (a) transfer, assign, sell, pledge, encumber or otherwise

dispose of the Seller Retained Interest; (b) grant or purport to grant any license, sublicense, commercialization right, access right

or similar right to any third party with respect to the Acquired IP; (c) challenge the validity, enforceability or ownership of the Acquired

IP or this Agreement; (d) use the Acquired IP or any substantially similar derivative thereof to compete with the QIKBIM Business; (e)

take or omit to take any action that would impair Buyer’s practical control of the Acquired IP or the QIKBIM Business; or (f) create

or permit any restriction or adverse claim affecting the Acquired IP or Buyer’s exercise of rights hereunder.

Page 5

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

4.4

Buyer Call Right.

Buyer

shall have the irrevocable option (the “Call Right”), exercisable by written notice to Seller, to acquire all or any portion

of the Seller Retained Interest upon the occurrence of: (a) any material breach by Seller of this Agreement; (b) any attempted transfer

or encumbrance of the Seller Retained Interest in violation of this Agreement; (c) any failure, interruption, suspension, revocation

or dispute relating to any Underlying Right that materially impairs the Acquired IP or the QIKBIM Business; (d) any insolvency event

relating to Seller; or (e) any event that materially impairs Buyer’s practical control of, or ability to commercialize, the Acquired

IP or the QIKBIM Business. The purchase price for any exercise of the Call Right shall be the then-current fair value of the applicable

interest as determined by an independent valuer, less any amounts that are then due and unpaid to Buyer or that have been finally determined

by agreement of the Parties, arbitral award or court order to be subject to indemnification or set-off in favor of Buyer.

4.5

Buyer Sublicensing and Global Commercialization Rights.

Buyer

shall have the unrestricted right, in its sole discretion, to use, reproduce, modify, improve, host, market, distribute, commercialize,

license, sublicense and otherwise exploit the Acquired IP and the QIKBIM Business globally, directly or through any Affiliate, channel

partner, reseller, customer, integration partner or other third party, subject only to applicable law.

4.6

Future Improvements and Automatically Included Rights.

Any

modifications, updates, upgrades, derivative works, improvements and enhancements to the Acquired IP developed solely by or for Buyer

after the Effective Date using Buyer-funded resources, and not jointly developed with Seller (other than ordinary Transition Support

by Seller under Article VI), shall be owned exclusively by Buyer and shall not automatically form part of the Acquired IP. Any modifications,

updates, upgrades, derivative works, improvements or enhancements developed jointly by or for the Parties, or developed by or for Seller

after the Effective Date, that relate to the Acquired IP or the QIKBIM Business shall automatically be included in the Acquired IP and

be subject to the co-ownership percentages and governance mechanics set forth in this Agreement. Buyer shall continue to possess sole

governance rights over all such jointly developed or Seller-developed future developments and improvements.

ARTICLE

V. ECONOMICS; FUNDING; BOOKS AND RECORDS

5.1

Economic Sharing.

Subject

to Section 5.2 and any other express provisions of this Agreement, Net Monetization Proceeds shall be shared fifty percent (50%) to Buyer

and fifty percent (50%) to Seller. Buyer shall control invoicing, collection, accounting and remittance with respect to the Acquired

IP and the QIKBIM Business, and shall provide Seller with a quarterly statement of Net Monetization Proceeds and amounts payable, if

any, to Seller. Upon not less than fifteen (15) Business Days’ prior written notice, and not more than once in any calendar year,

Seller may, at Seller’s expense and through an independent accountant bound by customary confidentiality obligations, review Buyer’s

books and records solely to verify the quarterly statements and distributions under this Article V. If such review identifies an underpayment

to Seller of more than five percent (5%) for the period reviewed, Buyer shall promptly pay the shortfall and reimburse Seller for its

reasonable out-of-pocket review costs.

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STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

5.2

Buyer-Funded Development and Recovery Mechanics.

Unless

and until the Parties agree otherwise in writing, all Buyer-Funded Development Amounts that are directly attributable to the QIKBIM Business,

commercially reasonable in amount and documented in Buyer’s books and records shall be treated as preferred recoverable advances

and shall be recouped by Buyer from Net Monetization Proceeds prior to any 50/50 distribution to Seller. Any future amendment to the

funding mechanics shall be effective only if set forth in a written instrument signed by both Parties.

5.3

Tax Reporting and Administrative Control.

Buyer

shall have sole responsibility for maintaining the principal books and operational records relating to the Acquired IP and the QIKBIM

Business. The Parties shall cooperate in good faith regarding any tax reporting consequences of the co-ownership structure; provided,

however, that Buyer shall control the timing and content of any public-company accounting, valuation and disclosure position relating

to this Agreement.

5.4

No Implied Obligation to Fund by Seller.

Except

as expressly agreed in a written amendment signed by both Parties, Seller shall have no obligation to contribute additional cash funding

after the Effective Date, and any decision by Buyer to continue funding development, maintenance or commercialization shall not diminish

Buyer’s sole governance rights.

ARTICLE

VI. TRANSITION SUPPORT; KNOWLEDGE TRANSFER; CONTINUITY

6.1

Transition Support Period.

Seller

shall provide transition support, technical cooperation, bug fixes, troubleshooting, maintenance support, deployment support, knowledge

transfer and handover assistance for a period of twenty-four (24) months following the Effective Date (the “Transition Support

Period”). Such support shall include all services reasonably necessary to ensure continuity of operation, maintenance, modification

and commercialization of the Acquired IP and the QIKBIM Business.

6.2

Service Levels.

During

the Transition Support Period, Seller shall maintain qualified personnel capable of responding to critical issues affecting production

use or material customer functionality within two (2) hours after notice and shall use commercially reasonable best efforts to resolve

such issues as promptly as possible, consistent with enterprise software support standards. Seller shall not suspend service, throttle

access, withhold personnel, lock repositories, disable systems, remove dependencies or otherwise impair continuity of operation.

6.3

Knowledge Transfer and Delivery of Materials.

Seller

shall provide to Buyer all source materials, run-books, deployment guides, system architecture descriptions, change logs, repository

lists, administrator credentials, hosting and access inventories, documentation, model notes, training records, testing records and other

know-how reasonably necessary for Buyer and its designees to fully understand, maintain and operate the Acquired IP and the QIKBIM Business.

6.4

Further Assurances for Underlying Rights.

During

the Transition Support Period, Seller shall use commercially reasonable efforts, at its sole cost and expense, to obtain, maintain, renew

and preserve the Underlying Rights that are within Seller’s control or contractual reach and that are reasonably necessary for

the then-current operation, maintenance and support of the QIKBIM Business. Seller shall not knowingly take any action that would materially

impair such Underlying Rights and shall promptly notify Buyer of any written notice of termination, suspension or material restriction

affecting any such Underlying Right.

Page 7

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

ARTICLE

VII. REPRESENTATIONS AND WARRANTIES OF SELLER

7.1

Organization; Authority.

Seller

is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and has full corporate power

and authority to execute, deliver and perform this Agreement and the transactions contemplated hereby. This Agreement has been duly authorized,

executed and delivered by Seller and constitutes a legal, valid and binding obligation of Seller enforceable against Seller in accordance

with its terms.

7.2

Title; Sufficiency of Rights.

Seller

owns, controls or is contractually entitled to use, and at Closing will own, control or be contractually entitled to use, the rights

that Seller reasonably believes are necessary to assign the Acquired Interest and to permit Buyer to exercise the rights expressly granted

under this Agreement, in each case subject to the terms of any third-party arrangements disclosed by Seller to Buyer in writing prior

to the Effective Date. To Seller’s knowledge, the Acquired Interest is being transferred free and clear of all liens, claims, encumbrances,

pledges, options, royalties, reversion rights, security interests and restrictions other than those created by this Agreement or disclosed

in writing to Buyer prior to the Effective Date.

7.3

No Conflict; No Additional Consents Required.

The

execution, delivery and performance of this Agreement by Seller do not and will not: (a) conflict with any organizational document of

Seller; (b) conflict with, violate, result in a breach of, or give rise to any termination, acceleration, penalty, additional payment,

loss of rights or consent requirement under any material contract or arrangement binding upon Seller in a manner that would reasonably

be expected to materially impair Seller’s ability to perform this Agreement; or (c) violate any applicable law or court order in

any material respect. To Seller’s knowledge, no consent, waiver or authorization of any third party is required in order for Buyer

to receive and exercise the rights expressly granted under this Agreement other than those expressly disclosed by Seller to Buyer in

writing prior to the Effective Date.

7.4

Contributors; Contractors; Open Source.

Seller’s knowledge and based on Seller’s current books and records, all employees, contractors, consultants and other Persons

who contributed to the Acquired IP on behalf of Seller have executed agreements that Seller reasonably believes assign to Seller the

rights necessary for Seller to perform this Agreement. Seller has disclosed to Buyer all material open-source software or third-party

code of which Seller is aware that is incorporated into the Acquired IP and subject to copyleft, source-disclosure, patent retaliation

or similar restrictive obligations, together with the component list, version information (if known), general use case and applicable

license type (if known), in each case to the extent known to Seller. To Seller’s knowledge, no such materials materially impair

the rights expressly granted to Buyer hereunder, except as expressly disclosed by Seller to Buyer in writing prior to the Effective Date.

7.5

No Hidden Restrictions; No Harmful Code.

The

Acquired IP does not contain any undisclosed time bomb, kill switch, backdoor, lockout code, undisclosed remote-disable function, malicious

code or other hidden restriction that could impair Buyer’s or any authorized user’s use, maintenance, hosting, deployment

or commercialization of the Acquired IP or the QIKBIM Business. Seller has further disclosed in writing all material known defects, manual

intervention points and operational dependencies on Seller or upstream support that are material to the practical operability of the

Acquired IP.

Page 8

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

7.6

Underlying Rights and Continuous Operability.

Seller’s knowledge as of the Effective Date, Seller has in place, or is contractually entitled to receive, the Underlying Rights

reasonably necessary for the Acquired IP and the QIKBIM Business to operate in substantially the manner currently conducted by Seller,

subject to the terms of applicable third-party arrangements disclosed to Buyer in writing prior to the Effective Date. Seller has not

received any written notice that any such Underlying Right will be terminated, suspended or materially restricted, except as disclosed

in writing to Buyer prior to the Effective Date. During the Transition Support Period, Seller shall use commercially reasonable efforts

to support continuity of such Underlying Rights in accordance with Section 6.4.

7.7

No Claims; No Notices.

There

is no pending or, to Seller’s knowledge, threatened claim, action, arbitration, investigation, notice, interruption, material customer

complaint or data / security incident alleging that the Acquired IP or the exploitation thereof infringes, misappropriates or otherwise

violates any third-party right, or that Seller lacks sufficient title or rights to enter into this Agreement, except as expressly disclosed

by Seller to Buyer in writing prior to the Effective Date.

7.8

Completeness of Disclosure.

Seller

has disclosed to Buyer all material facts, restrictions, dependencies, claims, gaps and risks known to Seller that could reasonably be

expected to affect Buyer’s practical control of, or ability to use, operate, maintain, modify, support or commercialize, the Acquired

IP or the QIKBIM Business, including all information and materials delivered by Seller to Buyer in connection with Buyer’s due

diligence review and the transactions contemplated hereby.

7.9

No Other Licenses Granted.

Except

as disclosed in writing to Buyer, Seller has not granted and is not obligated to grant any license, sublicense, co-ownership right, security

interest or other exploitation right to any third party with respect to the Acquired IP that would conflict with Buyer’s rights

under this Agreement.

ARTICLE

VIII. REPRESENTATIONS AND WARRANTIES OF BUYER

8.1

Organization; Authority.

Buyer

is duly organized, validly existing and in good standing under the laws of Hong Kong and has full corporate power and authority to execute,

deliver and perform this Agreement. This Agreement has been duly authorized, executed and delivered by Buyer and constitutes a legal,

valid and binding obligation of Buyer enforceable against Buyer in accordance with its terms.

8.2

No Conflict.

The

execution, delivery and performance of this Agreement by Buyer do not and will not conflict with Buyer’s organizational documents

or any material contract binding upon Buyer, except where such conflict would not reasonably be expected to prevent the consummation

of the transactions contemplated hereby.

Page 9

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

ARTICLE

IX. INDEMNIFICATION; SET-OFF; SPECIFIC PERFORMANCE

9.1

Seller Indemnification.

Seller

shall defend, indemnify and hold harmless Buyer, its Affiliates and each of their respective directors, officers, employees, agents,

successors and assigns (collectively, the “Buyer Indemnified Parties”) from and against any and all losses, damages, liabilities,

deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs and expenses (including reasonable attorneys’

fees and costs of investigation) incurred or suffered by any Buyer Indemnified Party arising out of or resulting from: (a) any breach

of any representation, warranty, covenant or agreement of Seller contained in this Agreement; (b) any defect in title, chain of rights

or sufficiency of rights relating to the Acquired IP or any Underlying Right; (c) any actual or alleged infringement, misappropriation

or other violation of any third-party intellectual property or proprietary right resulting from the Acquired IP, the Underlying Rights

or the QIKBIM Business; (d) any interruption, suspension, withdrawal, lapse, revocation or material reduction in scope of any Underlying

Right, in each case to the extent arising from (i) Seller’s breach of this Agreement, or (ii) any fact, event or circumstance existing

as of the Effective Date and not disclosed by Seller to Buyer in writing prior to the Effective Date; (e) any hidden lockout, disabling

code, backdoor or undisclosed restriction in the Acquired IP; or (f) any Excluded IP or upstream rights issue that materially impairs

Buyer’s ability to exercise the rights contemplated hereby, in each case to the extent not disclosed by Seller to Buyer in writing

prior to the Effective Date.

9.2

Buyer Indemnification.

Buyer

shall defend, indemnify and hold harmless Seller from and against losses arising out of or resulting from any breach of any representation,

warranty, covenant or agreement of Buyer contained in this Agreement.

9.3

Special Indemnity Nature.

The

matters described in clauses (b) through (f) of Section 9.1 are hereby designated as fundamental and special indemnity matters. No general

cap, basket, deductible or other limitation shall apply to such matters unless expressly stated in a written amendment executed by Buyer.

9.4

Set-Off Rights.

Without

limiting any other rights or remedies available to Buyer, Buyer may set off any indemnifiable amount or other amount owed by Seller against

any amounts otherwise payable by Buyer to Seller under this Agreement or otherwise in connection with the Acquired IP or the QIKBIM Business.

9.5

Specific Performance; Injunctive Relief.

The

Parties acknowledge that a breach of Article III, Article IV, Article VI, Article VII or Section 9.1 by Seller could cause irreparable

harm to Buyer for which monetary damages alone would be an inadequate remedy. Accordingly, Buyer shall be entitled to specific performance,

injunctive relief and other equitable remedies, without proof of actual damages and without posting bond, in addition to any other remedy

available at law or in equity.

9.6

Survival.

The

representations, warranties and covenants of Seller relating to title, sufficiency of rights, Underlying Rights, hidden restrictions,

contributors and no-conflict matters shall survive indefinitely. All other representations, warranties and covenants shall survive for

the maximum period permitted by applicable law unless otherwise expressly limited herein.

Page 10

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

ARTICLE

X. CONFIDENTIALITY; PUBLICITY; PUBLIC COMPANY COOPERATION

10.1

Confidentiality.

Each

Party shall keep confidential the existence, contents and terms of this Agreement and all non-public information received from the other

Party in connection herewith, except to the extent disclosure is required by applicable law, regulation, stock exchange rule, court order

or professional duty, in which case the disclosing Party shall, to the extent legally permissible, give prior notice to the other Party

and reasonably cooperate regarding the timing and content of such disclosure.

10.2

Public Announcements and SEC / Exchange Disclosure.

Buyer

shall have the sole right to determine the timing, manner and content of any public announcement, securities filing, stock exchange filing,

investor communication or other public-company disclosure relating to this Agreement, the Acquired IP or the QIKBIM Business. Seller

shall not issue any public statement concerning this Agreement or the transactions contemplated hereby without Buyer’s prior written

consent, except as required by law.

10.3

Audit, Valuation and Compliance Cooperation.

Seller

shall reasonably cooperate with Buyer and Buyer’s auditors, valuation advisors, legal counsel, bankers and other representatives

in connection with purchase price allocation, valuation support, accounting analysis, internal control review, disclosure analysis, public-company

reporting, litigation and enforcement matters, and shall promptly furnish such records, schedules, confirmations and documentary materials

as Buyer may reasonably request, including by way of authorized written confirmation, internal summary table, repository export, screenshot

set or system-generated report where a standalone formal document does not exist.

ARTICLE

XI. MISCELLANEOUS

11.1

Notices.

All

notices, requests, consents, claims, demands, waivers and other communications under this Agreement shall be in writing and shall be

deemed given when delivered personally, sent by internationally recognized courier, or transmitted by electronic mail (with confirmation

of transmission), to the addresses set forth below (or to such other address as a Party may designate by notice):

to Buyer:

Office

for Fine Architecture Limited

Unit

B, 16/F., Easy Tower, 609 Tai Nan West Street, Cheung Sha Wan, Hong Kong

Attention:

Keith Chong

Email:

keith@ofacorp.com

to Seller:

Alan

To AI Consultancy Co. Limited

Unit

03, 11/F, 383 King’s Road, North Point, Hong Kong

Attention:

Alan To

Email:

at@alanto.ai

11.2

Assignment.

Buyer

may assign this Agreement, in whole or in part, to any Affiliate or in connection with any reorganization, financing, merger, asset sale

or other strategic transaction involving Buyer or the QIKBIM Business. Seller may not assign, delegate or otherwise transfer this Agreement

or any right or obligation hereunder without Buyer’s prior written consent, and any purported transfer in violation of this Section

11.2 shall be void.

Page 11

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

11.3

Entire Agreement; Amendment.

This

Agreement, together with the certificates and instruments delivered hereunder, constitutes the entire agreement between the Parties with

respect to the subject matter hereof and supersedes all prior and contemporaneous negotiations, understandings and agreements, whether

written or oral, to the extent related to such subject matter. No amendment, supplement or waiver of this Agreement shall be effective

unless set forth in a written instrument signed by Buyer and Seller.

11.4

Waiver; Cumulative Remedies.

failure or delay by either Party in exercising any right, power or remedy under this Agreement shall operate as a waiver thereof. All

rights and remedies provided in this Agreement are cumulative and not exclusive of any rights or remedies available at law or in equity.

11.5

Severability.

any term or provision of this Agreement is determined to be invalid, illegal or unenforceable, the remaining provisions of this Agreement

shall remain in full force and effect, and the invalid, illegal or unenforceable provision shall be deemed modified so as to be valid

and enforceable to the maximum extent permitted by law while preserving the Parties’ original economic and legal intent as closely

as possible.

11.6

Governing Law.

This

Agreement and all disputes or claims arising out of or relating to this Agreement, its subject matter or its formation shall be governed

by and construed in accordance with the laws of the Hong Kong Special Administrative Region, without regard to any choice-of-law or conflict-of-law

rule that would require the application of the law of any other jurisdiction.

11.7

Dispute Resolution.

Any

dispute, controversy or claim arising out of or relating to this Agreement, including any question regarding its existence, validity,

interpretation, performance, breach or termination, shall be referred to and finally resolved by arbitration seated in Hong Kong and

administered by the Hong Kong International Arbitration Centre (“HKIAC”) under the HKIAC Administered Arbitration Rules in

force when the Notice of Arbitration is submitted, subject to the Arbitration Ordinance (Cap. 609) of Hong Kong. The tribunal shall consist

of one (1) arbitrator. The language of the arbitration shall be English. The Parties agree that any interim or conservatory measures

may be sought from any court of competent jurisdiction.

11.8

Counterparts; Electronic Signatures.

This

Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one

and the same instrument. Signatures delivered by electronic transmission or in portable document format (PDF) shall be deemed effective

as original signatures.

11.9

Interpretation.

The

headings in this Agreement are for reference only and shall not affect interpretation. The words “include,” “includes”

and “including” shall be deemed to be followed by “without limitation.” The word “or” is not exclusive.

Drafting presumptions that ambiguities are to be resolved against the drafting Party shall not apply to this Agreement.

Page 12

STRICTLY CONFIDENTIAL | QIKBIM INTELLECTUAL PROPERTY ASSIGNMENT AND CO-OWNERSHIP AGREEMENT

WITNESS WHEREOF, the Parties have caused this IP Assignment and Co-Ownership Agreement to be executed by their duly authorized representatives

as of the Effective Date.

OFFICE FOR FINE ARCHITECTURE LIMITED

ALAN TO AI CONSULTANCY CO. LIMITED

By:

Name:

Keith Chong

Name:

Alan To

Title:

Chief Technology Officer

Title:

Founder and Managing

Director

Page 13

EX-99.1

Filename: ex99-1.htm · Sequence: 3

Exhibit

99.1

OFA

Group Announces $15 Million RWA Tokenization Agreement for $1 Billion Long Island City Development

Rolling

Hills, California – April 6, 2026 — OFA Group, Inc. (NASDAQ: OFAL) (“OFA” or the “Company”),

a technology-driven architecture, real estate, and digital asset infrastructure company, today announced the execution of a Real World

Asset (RWA) tokenization service agreement through its proprietary Hearth RWA Tokenization Platform with MD Queens Development LLC.

The

agreement relates to a major mixed-use development project located in Long Island City, New York, with an estimated stabilized value

of approximately $1 billion. The project involves the redevelopment of an existing warehouse site into a premier residential and commercial

tower.

Contracted

Platform Revenue

Under

the terms of the agreement, OFA will provide end-to-end blockchain-based tokenization infrastructure for the project and will receive

a total platform technology fee of $15 million.

The

fee:

● Is

contractually secured under a signed agreement

● Is

not contingent upon capital raising, token sales, or investment performance

● Represents

compensation solely for technology and infrastructure services

The

payment is structured in milestone-based installments aligned with platform deployment and smart contract integration phases.

This

engagement provides near-term revenue visibility and reflects the Company’s ability to monetize its RWA infrastructure platform

through institutional-grade projects.

The

Company has received the first payment in accordance with the terms of the agreement.

Project

and Tokenization Structure

The

Long Island City project is expected to undergo tokenization at the pre-development stage, enabling early-stage capital structuring through

blockchain-based infrastructure.

Digital

tokens created under the platform are intended to represent interests in a designated special purpose vehicle (SPV) associated with the

project, rather than direct ownership of the underlying real estate asset.

Scope

of Services

Through

its Hearth platform, OFA will provide a comprehensive suite of technology services, including:

● Design

and creation of digital tokens

● Development

and deployment of smart contracts

● Digital

asset registry infrastructure

●  Integration

of project-related documentation

● Compliance-enabled

technical features, including transfer restrictions and identity verification frameworks

The

Company’s role is strictly limited to providing technology infrastructure. OFA does not act as an issuer, broker-dealer, placement

agent, investment adviser, or exchange operator, and does not participate in investor solicitation, fundraising, or custody of funds

or tokens.

All

securities law compliance, offering structure, and investor-related activities remain the sole responsibility of the client and its advisors.

Strategic

Significance

This

agreement represents a meaningful step in the commercialization of OFA’s RWA platform and highlights increasing institutional interest

in integrating blockchain-based infrastructure into large-scale real estate development.

engaging at the pre-development phase, the Company is positioned to support next-generation capital formation models while maintaining

a clear, compliance-focused role as a technology provider.

Management

Commentary

Larry

Wong, CEO of OFA Group, commented:

“This

agreement reflects continued progress in the adoption of blockchain infrastructure for real-world assets. We are pleased to support a

project of this scale and to demonstrate how our Hearth platform can deliver secure, compliant, and scalable tokenization solutions for

institutional-grade developments.”

About

OFA Group, Inc.

OFA Group, Inc. (NASDAQ: OFAL) is a technology-driven architecture, real estate, and digital asset infrastructure company operating at

the intersection of AI, construction, and blockchain.

Through

its Hearth platform, OFA provides non-custodial real world asset tokenization infrastructure, enabling compliant digital asset representation

for institutional-grade projects while maintaining a strictly technology-focused role.

Forward-Looking

Statements

This

press release contains forward-looking statements, including statements regarding expected project value, anticipated platform deployment,

and potential future revenue. These statements are subject to risks and uncertainties, including regulatory developments, project execution

risks, and market conditions. Actual results may differ materially from those expressed or implied.

Contact

Investor

Relations

OFA

Group

Email:

info@ofacorp.com

Website:

www.ofacorp.com

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Name of the Exchange on which a security is registered.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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