Welcome to our dedicated page for Eastern International Ltd. SEC filings (Ticker: ELOG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Eastern International Ltd. filings document the disclosure record of a Cayman Islands foreign private issuer listed on the Nasdaq Capital Market. Form 6-K reports furnish press releases, material agreements, subsidiary activity, project and contract updates, and corporate actions for a company operating in professional logistics and new energy infrastructure construction.
The filings also cover governance and capital-structure matters, including home country corporate governance exemptions under Nasdaq rules, shareholder approval practices, ordinary-share awards under the 2025 Omnibus Equity Plan, and the completed acquisition of Guizhou Minji Construction Engineering Co., Ltd. They provide formal records of subsidiary qualifications, equity compensation arrangements, and current reports submitted under the foreign private issuer framework.
Eastern International Ltd. (ELOG) reported that Chief Executive Officer and director Albert Wong purchased 200,000 Series B Preferred Shares on August 27, 2026 at $1.00 per share, held directly after the transaction. Each preferred share carries 100 votes at the general meeting and every two preferred shares are convertible into one ordinary share, implying up to 100,000 ordinary shares if fully converted. No Rule 10b5-1 trading plan is reported for this purchase.
Eastern International Ltd. (ELOG) received an updated Schedule 13D/A reporting the ownership of Chief Executive Officer and Chairman Albert Wong and Eastern Worldwide Logistics Group Inc. Wong is deemed to beneficially own 5,546,000 ordinary shares, representing 39.8% of the ordinary shares on an as-converted basis.
Eastern Worldwide Logistics Group Inc., 70% owned and directed by Wong, holds 4,266,000 ordinary shares, or 33.2% of the ordinary shares outstanding. The update also records Wong’s purchase of 200,000 Series B Preferred Shares at US$1.00 per share for an aggregate US$200,000, each carrying 100 votes and convertible at two preferred shares for one ordinary share.
Eastern International Ltd. (ELOG) reported that Nasdaq notified the company on September 10, 2026 that it no longer meets the Minimum Bid Price Requirement, because its ordinary shares closed below $1.00 for 30 consecutive trading days under Nasdaq Rule 5550(a)(2). The notice has no immediate effect on the listing. The company has 180 calendar days, until March 9, 2027, to regain compliance, which will occur if the closing bid price is at least $1.00 for a minimum of 10 consecutive business days. If still non-compliant, it may seek a further 180-day period if it meets other Nasdaq Capital Market initial listing standards and formally indicates an intention to cure, potentially through a reverse stock split. The company states it will monitor its share price and consider available options to resolve the deficiency.
Eastern International Ltd. (ELOG) entered into a Securities Purchase Agreement with its Chairman and CEO, Albert Wong, under which the company will issue and sell 200,000 Series B Preferred Shares at US$1.00 per share, for total consideration of US$200,000. Each Series B Preferred Share carries 100 votes at the company’s general meeting, and every two Series B Preferred Shares are convertible into one ordinary share at the holder’s option. The designation and issuance of the Series B Preferred Shares were approved by a special committee of the board and by the full Board of Directors. The transaction increases Albert Wong’s voting power through a new super-voting, convertible preferred class purchased directly from the company.
Eastern International Ltd. (ELOG) reported that its Board of Directors appointed K. Brice “Rick” Toussaint and Bin Zhou as new directors effective August 18, 2026. Toussaint was named Chairman of the Audit Committee and joined the Nominating and Corporate Governance and Compensation Committees. Zhou was appointed Chairman of the Compensation Committee and joined the Audit and Nominating and Corporate Governance Committees.
The Board determined that both Toussaint and Zhou qualify as independent directors under NASDAQ Rule 5605(a)(2), and that Toussaint is an audit committee financial expert under NASDAQ Rule 5605(c)(2)(A). Each entered into a director agreement providing US$2,500 per month in compensation, payable quarterly, plus expense reimbursement and customary confidentiality and non-disclosure obligations.
Eastern International Ltd. reported that two members of its Board of Directors have resigned in August 2026. On August 5, 2026, Mr. Yu-yun Tristan Kuo resigned from the Board and all Board committees, effective the same date. The company states that his resignation is not due to any disagreement with the company or the Board regarding financial or accounting policies or operations.
On August 12, 2026, Mr. Chun Pong (Colman) Chiu also resigned from the Board and all Board committees, effective as of his resignation letter. The company states that Mr. Chiu’s resignation is not the result of any disagreement with the company or the Board.
Eastern International Ltd. reported fiscal year 2026 results with total revenues of $45,631,772, up from $40,041,691 in 2025, but gross profit fell to $4,242,853. Higher selling and general and administrative expenses of $5,303,341 led to a loss from operations of $(1,060,488) and a net loss of $(1,152,103), or basic and diluted loss per share of $(0.10), compared with prior year net income of $1,780,026 and basic earnings per share of $0.17.
Total assets were $32,279,821 and total shareholders’ equity $15,194,195 as of March 31, 2026, including cash of $3,054,870 and current bank and other borrowings of $5,038,996. The Cayman holding company operates entirely through PRC subsidiaries that earn all revenues in Renminbi, faces strict PRC foreign exchange and dividend distribution rules, and highlights customer concentration risk, evolving China cybersecurity and overseas listing regulation, and the potential impact of the Holding Foreign Companies Accountable Act, while stating that required PRC business permits are currently in place and no dividends have yet been paid.
Eastern International Ltd. reported results of an Extraordinary General Meeting where shareholders approved a redesignation of existing preferred shares and an update to the company’s charter. The 1,000,000 issued preferred shares with a par value of USD0.0001 were redesignated as 1,000,000 series A preferred shares with the same rights.
Following this share redesignation, the authorised share capital became USD50,000, divided into 450,000,000 ordinary shares, 1,000,000 series A preferred shares, and 49,000,000 other preferred shares, each with a par value of USD0.0001. Shareholders also approved and adopted the Third Amended and Restated Memorandum and Articles of Association, replacing the prior version with immediate effect.
Eastern International Ltd. has called an Extraordinary General Meeting for June 22, 2026 in Hangzhou, China to vote on two governance proposals. Shareholders will consider redesignating 1,000,000 issued preferred shares into series A preferred shares and updating the company’s constitutional documents.
After the proposed share redesignation and share capital changes, authorized share capital would be US$50,000, divided into 450,000,000 ordinary shares, 1,000,000 series A preferred shares and 49,000,000 other preferred shares, all with par value US$0.0001. As of the May 21, 2026 record date, there were 12,832,000 ordinary shares and 1,000,000 preferred shares outstanding, with one vote per ordinary share and ten votes per preferred share. The Board recommends voting in favor of both the share redesignation and the Third Amended and Restated Memorandum and Articles of Association.
Eastern International Ltd. filed a report describing governance changes approved on May 18, 2026. The Board of Directors increased in size from five to seven members and appointed Chi Wing Ma and Yuanjian Zhang to fill the new seats.
Mr. Ma, age 58, has a long executive background at Chevalier International Holdings and has been assisting Chairman and CEO Albert Wong since February 2026. Mr. Zhang, age 36, has entrepreneurial and management experience in several Chinese companies and was determined to be an independent director under NASDAQ Rule 5605(a)(2).
The company entered into director agreements with both appointees on May 18, 2026. Under these agreements, Mr. Ma will receive $8,500 per month, paid monthly, and Mr. Zhang will receive $1,000 per month, paid quarterly, and both are subject to customary confidentiality and non-disclosure obligations.