Sharing Economy International sells 1 share of Series B preferred stock to CEO Huang in unregistered offering
Reuters2026/08/17 20:17- 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.
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