Givbux Global Partners, Inc. entered into a binding letter of intent to acquire Sentaida Tire Company Limited (OTCPK:SDTC) in a reverse merger transaction on November 22, 2019. Givbux Global Partners, Inc. signed a definitive share exchange agreement to acquire Sentaida Tire Company Limited in a reverse merger transaction on January 15, 2020. Pursuant to the agreement, Sentaida will acquire all of the issued and outstanding shares of common stock of GivBux in exchange for shares of Sentaida common stock.

A 1-for-20 reverse split of Sentaida'ss common stock will be effective January 15, 2021. GivBux Global Partners, Inc. will operate as a wholly owned subsidiary of GivBux, Inc. Sentaida will focus all resources and efforts to the continuation of GivBux's current and future operations. Upon completion of the agreement, Sentaida will be restructured, change its name to GivBux, Inc. and apply for a new stock symbol.

As of January 15, 2021, Financial Industry Regulatory Authority, Inc. (FINRA) has approved the name change from Sentaida Tire Company, Ltd. to GivBux, Inc. as well as a 1-for-20 reverse split.