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Advanced Biomed (NASDAQ: ADVB) secures $6,925,549 subsidiary repayment deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Advanced Biomed Inc. entered into a Supplemental Agreement related to its previously announced spin-off of Advanced Biomed (HK) Limited. The Hong Kong subsidiary acknowledged that it owes the company an aggregate $6,925,549, reflecting its accounts receivable as of the original spin-off date and the new agreement date.

Under this Supplemental Agreement, Advanced Biomed (HK) Limited irrevocably agrees to repay the entire debt on or before the first anniversary of January 26, 2026. This supplements the prior deal in which Advanced Biomed agreed to sell 100% of the Hong Kong subsidiary’s shares for an aggregate purchase price of US$23,000. The board of directors unanimously approved the Supplemental Agreement.

Positive

  • None.

Negative

  • None.

Insights

Neutral but clarifying move to formalize a $6.9M intercompany receivable.

Advanced Biomed documents that Advanced Biomed (HK) Limited owes it $6,925,549, tied to accounts receivable, and sets a firm repayment deadline within one year after January 26, 2026. This strengthens clarity around an existing balance rather than creating new exposure.

The Supplemental Agreement amends the earlier spin-off, where the Hong Kong unit’s shares were sold for US$23,000, by adding this repayment obligation. With unanimous board approval and no new operating commitments disclosed, this looks like a neutral but orderly housekeeping step for investors.

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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

 

January 26, 2026

Date of Report (Date of earliest event reported)

 

Advanced Biomed Inc.

(Exact name of Company as specified in its charter)

 

Nevada   001-42548   87-2177170
(State or other jurisdiction   (Commission File Number)   (IRS Employer
of Incorporation)       Identification Number)

 

No. 689-85 Xiaodong Road, Yongkang District

Tainan City, Taiwan 

(Address of principal executive offices)

 

886-6-3121716

(Registrant’s telephone number including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

 

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))

 

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

 

If 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.

 

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

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   ADVB   The Nasdaq Stock Market LLC

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

As previously disclosed on the Current Report on Form 8-K of Advanced Biomed Inc. (the “Company”), on December 23, 2025, the Company entered into an agreement (the “Spin-Off Agreement”) with an unrelated third party, Wei Ha Hui (the “Buyer”), pursuant to which the Company agreed to sell 100% of the issued and outstanding shares of Advanced Biomed (HK) Limited, a Hong Kong company and a then wholly owned subsidiary of the Company, for an aggregate purchase price of US$23,000, subject to the terms and conditions set forth in the Agreement.

 

On January 26, 2026, the Company entered into a Supplemental Agreement (the “Supplemental Agreement”) with Advanced Biomed (HK) Limited and the Buyer in connection with the Spin-Off Agreement.

 

Pursuant to the Supplemental Agreement, Advanced Biomed (HK) Limited acknowledged and agreed that, as of the date of the Spin-Off Agreement and as of the date of the Supplemental Agreement, Advanced Biomed (HK) Limited was and is indebted to the Company in an aggregate amount of $6,925,549  (the “Debt”). Such amount reflects the accounts receivable of the Advanced Biomed (HK) Limited as of the date of the Spin-Off Agreement and as of the date of the Supplemental Agreement. Advanced Biomed (HK) Limited irrevocably agrees to repay the Debt in full on or before first (1st) anniversary of the date of the Supplemental Agreement. The Supplemental Agreement supplements and amends the Spin-Off Agreement solely to reflect the foregoing repayment obligation.

 

The Supplemental Agreement and the consummation of the transaction contemplated thereby have been unanimously approved by the Company’s board of directors.

 

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Supplemental Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

  

Item 9.01 Financial Statement and Exhibits.

 

Exhibit No.   Description
10.1*   Supplemental Agreement between Advanced Biomed Inc., Advanced Biomed (HK) Limited, and Wei Ha Hui dated January 26, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

* Portions of this exhibit (indicated by asterisks) have been omitted in accordance with Item 601(b)(10)(iv) of Regulation S-K. If requested by the Commission or its staff, the registrant will promptly provide on a supplemental basis an unredacted copy of the exhibit and its materiality and privacy or confidentiality analyses.

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements, including statements related to the Company’s assessment of operational risks. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties are described from time to time in the Company’s filings with the U.S. Securities and Exchange Commission. The Company disclaims any obligation to update or revise any forward-looking statements, except as required by law.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Advanced Biomed Inc.
     
Date: January 27, 2026 By: /s/ Yi Lu
    Yi Lu
    Chief Executive Officer

 

2

 

FAQ

What did Advanced Biomed Inc. (ADVB) announce in this 8-K filing?

Advanced Biomed disclosed a Supplemental Agreement tied to its spin-off of Advanced Biomed (HK) Limited. The Hong Kong subsidiary acknowledged owing $6,925,549 to the company and agreed to repay it within one year after January 26, 2026.

How much does Advanced Biomed (HK) Limited owe to Advanced Biomed Inc. (ADVB)?

Advanced Biomed (HK) Limited acknowledged indebtedness of $6,925,549 to Advanced Biomed Inc. This amount reflects the subsidiary’s accounts receivable at the time of the original spin-off agreement and at the date of the Supplemental Agreement.

When must the $6,925,549 debt to Advanced Biomed Inc. be repaid?

The Supplemental Agreement requires Advanced Biomed (HK) Limited to repay the full $6,925,549 debt on or before the first anniversary of January 26, 2026, effectively giving the subsidiary up to one year to satisfy the obligation.

What were the original spin-off terms for Advanced Biomed (HK) Limited from ADVB?

Under the earlier spin-off agreement, Advanced Biomed Inc. agreed to sell 100% of the issued and outstanding shares of Advanced Biomed (HK) Limited to buyer Wei Ha Hui for an aggregate purchase price of US$23,000, subject to agreed terms and conditions.

Did Advanced Biomed Inc. (ADVB) board approve the Supplemental Agreement?

Yes, the Supplemental Agreement and the related transactions were unanimously approved by Advanced Biomed Inc.’s board of directors, indicating full board support for formalizing the subsidiary’s $6,925,549 repayment obligation and updating the existing spin-off terms.

Who is the buyer of Advanced Biomed (HK) Limited in the ADVB spin-off?

The buyer in the spin-off of Advanced Biomed (HK) Limited is an unrelated third party named Wei Ha Hui. This party agreed to purchase 100% of the Hong Kong subsidiary’s shares under the original agreement for an aggregate price of US$23,000.
Advanced Biomed Inc.

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