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EDTK holders approve super-voting Series B shares and potential issuance

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Skillful Craftsman Education Technology Limited reported the results of its extraordinary general meeting. Shareholders approved designating 4,000,000 authorised but unissued shares as Series B Preference Shares, each carrying 200 votes per share, subject to the Certificate of Designation. Immediately following that designation becoming effective, shareholders also approved a Securities Purchase Agreement with Mr. Xuejun Ji and the issuance of 4,000,000 Series B Preference Shares to him pursuant to that agreement.

The company stated that, as of this report, it has not entered into the agreement with Mr. Ji and no Series B Preference Shares have been issued. These approvals outline the capital and voting structure changes that may occur once the designation is effective and the agreement is executed.

Positive

  • None.

Negative

  • None.

Insights

Shareholders cleared super-voting Series B prefs and a potential issuance to a single investor; execution remains pending.

Shareholders approved a new class of Series B Preference Shares that carry 200%-style voting weight per share (200 votes each) and separately approved an issuance of 4,000,000 of these shares to Mr. Xuejun Ji, contingent on the designation taking effect and the parties entering the purchase agreement.

If completed, concentrating high-vote shares with one holder could materially influence voting outcomes. Actual impact depends on when the designation becomes effective and whether the agreement is executed, as the company states no shares have been issued as of this October 2025 report.

 

 

 

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 October 2025

 

Commission file number: 001-39360

 

 

 

SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED

 

 

 

7th Floor, West Lobby, Building 7B

Shenzhen Bay Science and Technology Ecological Park

Nanshan District, Shenzhen, Guangdong Province, China

(Address of Principal Executive Offices)

 

 

 

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

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On October 10, 2025, Skillful Craftsman Education Technology Limited (the “Company”) held an extraordinary general meeting of the Company at 10:00 a.m., local time, at 7th Floor, West Lobby, Building 7B, Shenzhen Bay Science and Technology Ecological Park, Nanshan District, Shenzhen, Guangdong Province, China (the “Meeting”). At the Meeting, the shareholders of the Company: (i) in an ordinary resolution, approved to designate 4,000,000 authorised but unissued preference shares of par value US$0.0002 as “Series B Preference Shares” such that the holder of a Series B Preference Share shall have 200 votes for every Series B Preference Share of which he is the holder subject to the Certificate of Designation attached thereto as Annex A to the proxy statemen (“Share Designation”), and (ii) immediately following the Share Designation becoming effective, in an ordinary resolution, approved the Securities Purchase Agreement (the “Agreement”) by and between the Company and Mr. Xuejun Ji, attached as Annex B to the proxy statement and the issuance of 4,000,000 Series B Preference Shares to Mr. Xuejun Ji, pursuant to the Agreement (the “Series B Preference Share Issue”, and together with the Certificate of Designation and Agreement, the “Series B Preference Share Transaction”). As of the date of this report, the Company and Mr. Xuejun Ji have not entered the Agreement yet and none of the Series B Preference Shares have been issued.

 

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SIGNATURE

 

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.

 

  SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED
  (Registrant)
   
  By: /s/ Bin Fu
  Name: Bin Fu
  Title: Chief Executive Officer

 

Date: October 16, 2025

 

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Skillful Craftsman Ed Tech Ltd

NASDAQ:EDTK

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15.45M
7.92M
50.25%
3.72%
0.02%
Education & Training Services
Consumer Defensive
Link
China
Shenzhen