Sharing Economy International sells 1 share of Series B preferred stock to CEO Huang in unregistered offering

Reuters2026/08/17 20:17

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Sharing Economy International completed an unregistered private placement of 1 share of Series B Preferred Stock to CEO and Chairman Ximing Huang.
Sale closed Aug. 11, 2026 under a director agreement dated Aug. 10, 2026, covering a three-year chairman term.
Series B carries voting power equal to 51% of outstanding common stock; convertible 1-for-1 into common stock.
Transaction relied on the Securities Act Section 4(a)(2) exemption for a non-public offering.

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. Sharing Economy 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: 0001477932-26-005134), on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sharing Economy International sells 1 share of Series B preferred stock to CEO Huang in unregistered offering

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