Decent Holding Inc. (DXST) chair lifts voting control to 90.5% with share buy

Rhea-AI Filing Summary

Decent Holding Inc. reported that Chairman Dingxin Sun entered into a share subscription agreement with the company, purchasing 400,000 Class B ordinary shares at $2.00 per share. The transaction, a direct issuance by the company, closed on June 1, 2026.

After this purchase, Mr. Sun beneficially owns 321,040 Class A ordinary shares and 600,000 Class B ordinary shares, giving him approximately 90.5% of the company’s total voting power. The subscription agreement is filed as Exhibit 10.1.

Positive

• None.

Negative

• Chairman’s voting control rises to 90.5%, meaning one insider can effectively determine most shareholder decisions, which may reduce the practical influence of minority shareholders on corporate governance outcomes.

Insights

Corporate governance analyst

Chairman’s new share purchase concentrates voting control at 90.5%.

The chairman, Dingxin Sun, subscribed for 400,000 new Class B ordinary shares at $2.00 per share, providing fresh equity capital to Decent Holding Inc.. This is an issuance from the company, not an open-market trade.

Following the transaction, Mr. Sun holds 321,040 Class A and 600,000 Class B shares, representing about 90.5% of total voting power. Such a high voting concentration can limit the influence of minority shareholders on key decisions, as the chairman can effectively determine most shareholder votes on his own.

The subscription agreement is attached as Exhibit 10.1, documenting the terms, including the May 21, 2026 agreement date and June 1, 2026 closing. Future governance outcomes will largely reflect the chairman’s preferences given this voting structure.

Key Figures

New Class B shares purchased: 400,000 shares Purchase price per share: $2.00 per share Total subscription amount: $800,000 +3 more

6 metrics

New Class B shares purchased 400,000 shares Purchased by chairman under share subscription agreement

Purchase price per share $2.00 per share Class B ordinary shares subscription price

Total subscription amount $800,000 400,000 Class B shares at $2.00 each

Post-transaction Class A holdings 321,040 shares Class A ordinary shares beneficially owned by chairman

Post-transaction Class B holdings 600,000 shares Class B ordinary shares beneficially owned by chairman

Chairman’s voting power 90.5% of total voting power Beneficial ownership after subscription

Key Terms

Form 6-K, foreign private issuer, share subscription agreement, Class A ordinary shares, +2 more

6 terms

Form 6-K regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

foreign private issuer regulatory

"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

share subscription agreement financial

"entered into a share subscription agreement (the “Subscription Agreement”)"

A share subscription agreement is a written contract in which an investor agrees to buy a specific number of a company's shares at an agreed price and under stated conditions. It matters to investors because it spells out who pays what, when shares are issued, and any protections or obligations for both sides—like a detailed purchase order that clarifies ownership, timing and potential dilution risk so investors know exactly how their stake will be created and protected.

Class A ordinary shares financial

"321,040 Class A ordinary shares and 600,000 Class B ordinary shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Class B ordinary shares financial

"purchased 400,000 Class B ordinary shares from the Company"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

voting power financial

"representing approximately 90.5% of the total voting power of the Company"

Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.

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Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number: 001-42482

DECENT HOLDING INC.

4^th Floor & 5^th Floor North Zone, Dingxin Building

No. 106 Aokema Avenue,

Laishan District, Yantai, Shandong Province

People’s Republic of China 264003

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

On May 21, 2026, Decent Holding Inc. (the “Company”), a Cayman Islands exempted company, entered into a share subscription agreement (the “Subscription Agreement”) with Dingxin Sun, the Chairman of the Company. Pursuant to the terms of the Subscription Agreement, Mr. Sun purchased 400,000 Class B ordinary shares from the Company at a purchase price of $2.00 per share. The transaction closed on June 1, 2026. A copy of the Subscription Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Following the closing of the transaction, Mr. Sun beneficially owns, directly or indirectly through Decent Limited, 321,040 Class A ordinary shares and 600,000 Class B ordinary shares of the Company, representing approximately 90.5% of the total voting power of the Company.

1

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, thereunto duly authorized.

	Decent Holding Inc.
Date: June 1, 2026	By:	/s/ Haicheng Xu
	Name:	Haicheng Xu
	Title:	Chief Executive Officer

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Exhibit Index

Exhibit No.		Description
10.1		Share Subscription Letter, dated May 21, 2026

3

FAQ

What transaction did Decent Holding Inc. (DXST) report in this 6-K?

Decent Holding Inc. reported a share subscription in which Chairman Dingxin Sun purchased 400,000 Class B ordinary shares at $2.00 per share from the company. The deal was agreed on May 21, 2026 and closed on June 1, 2026.

How much new capital did Decent Holding Inc. receive from the chairman’s subscription?

The company received $800,000 in new equity capital from Chairman Dingxin Sun. This comes from issuing 400,000 Class B ordinary shares at $2.00 per share directly from the company, as described in the share subscription agreement attached as Exhibit 10.1.

How many shares of Decent Holding Inc. does Chairman Dingxin Sun own after the transaction?

After the transaction, Chairman Dingxin Sun beneficially owns 321,040 Class A ordinary shares and 600,000 Class B ordinary shares. These holdings are owned directly or indirectly through Decent Limited, as detailed in the 6-K filing’s ownership disclosure section.

What percentage of Decent Holding Inc.’s voting power does the chairman now control?

Following the subscription, Chairman Dingxin Sun controls approximately 90.5% of Decent Holding Inc.’s total voting power. This high concentration of voting rights gives him effective control over shareholder decisions requiring a vote, including major corporate actions.

What is the price per share in Decent Holding Inc.’s share subscription with the chairman?

The purchase price for the chairman’s subscription is $2.00 per Class B ordinary share. At this price, his acquisition of 400,000 Class B shares results in a total subscription amount of $800,000, paid directly to the company for newly issued shares.

Where can investors find the detailed terms of Decent Holding Inc.’s share subscription agreement?

The detailed terms are in the share subscription letter filed as Exhibit 10.1. This exhibit, dated May 21, 2026, is incorporated by reference in the 6-K and outlines the conditions, pricing, and closing details of the chairman’s share purchase.

Filing Exhibits & Attachments

1 document

Agreements & Contracts

• EX-10.1 EXHIBIT 10.1 7.4 KB