Eastern International CEO to buy 200K super-voting shares

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.

Rhea-AI Filing Summary

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.

Key Figures

Series B Preferred Shares issued: 200,000 shares Purchase price per Series B Preferred Share: US$1.00 per share Aggregate purchase price: US$200,000 +3 more

6 metrics

Series B Preferred Shares issued 200,000 shares To be issued to Albert Wong under the Securities Purchase Agreement

Purchase price per Series B Preferred Share US$1.00 per share Price paid by Albert Wong for each Series B Preferred Share

Aggregate purchase price US$200,000 Total consideration for 200,000 Series B Preferred Shares

Voting rights per Series B Preferred Share 100 votes per share Votes at the general meeting attached to each Series B Preferred Share

Conversion ratio 2 Series B Preferred Shares for 1 ordinary share Conversion terms at the holder’s option

Potential ordinary shares on full conversion 100,000 ordinary shares If all 200,000 Series B Preferred Shares are converted under the 2-for-1 ratio

Key Terms

Series B Preferred Shares, Securities Purchase Agreement, special committee, convertible

4 terms

Series B Preferred Shares financial

"the Company will issue and sell 200,000 Series B Preferred Shares of the Company"

Series B preferred shares are a class of company stock issued during a later round of private financing that gives investors priority over common shareholders for payouts and protections if the company is sold or liquidated. Think of them as a VIP ticket that often includes a fixed claim on returns, possible regular payments, and the option to convert into regular shares; that mix of safety and upside helps investors assess risk and potential reward.

Securities Purchase Agreement financial

"entered into a Securities Purchase Agreement (the “Agreement”) with Mr. Albert Wong"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

special committee regulatory

"approved by the special committee of the Board and the Board of Directors"

A special committee is a group of people chosen by an organization to carefully examine a specific issue or problem, often when a decision could have significant consequences. Think of it as a task force brought together to investigate and recommend actions, ensuring that important matters are handled thoroughly and fairly. For investors, this means decisions are made with careful oversight, which can impact the organization's stability and future direction.

convertible financial

"every two Series B Preferred Shares are convertible into one ordinary share"

A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

FAQ

What transaction did Eastern International Ltd. (ELOG) announce in this Form 6-K?

Eastern International Ltd. entered into a Securities Purchase Agreement with Chairman and CEO Albert Wong to issue and sell 200,000 Series B Preferred Shares at US$1.00 per share, for an aggregate purchase price of US$200,000.

Who is buying the new Series B Preferred Shares of ELOG and at what price?

The purchaser is Albert Wong, the company’s Chairman and Chief Executive Officer. He will buy 200,000 Series B Preferred Shares at a price of US$1.00 per share, resulting in an aggregate purchase price of US$200,000.

What voting rights do ELOG’s new Series B Preferred Shares carry?

Each Series B Preferred Share carries 100 votes at Eastern International Ltd.’s general meeting. With 200,000 such shares being issued, the class provides substantial voting power relative to ordinary shares.

How are ELOG’s Series B Preferred Shares convertible into ordinary shares?

Every two Series B Preferred Shares are convertible into one ordinary share of Eastern International Ltd. at the holder’s option. The 200,000 Series B Preferred Shares issued could be converted into 100,000 ordinary shares if fully converted.

Who approved the designation and issuance of ELOG’s Series B Preferred Shares?

The designation and issuance of the Series B Preferred Shares were approved by a special committee of the Board of Directors and by the full Board of Directors of Eastern International Ltd.

What agreement governs the issuance of ELOG’s Series B Preferred Shares?

The issuance is governed by a Securities Purchase Agreement between Eastern International Ltd. and Albert Wong, dated August 27, 2026, which is included as Exhibit 10.1 to the report.

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Available on EDGAR 08/28/2026 - 04:30 PM Accepted by SEC EDGAR 08/28/2026 - 04:30 PM Learn about SEC filing dates

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 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of August 2026

Commission File Number 001-42817

eastern international Ltd.

(Translation of registrant’s name into English)

Suite 901-903, 9th Floor, Building #2, Qianwan Zhigu

Chuanhua Smart CenterScience and Technology City Block

Xiaoshan Economic and Technological Development Zone

Xiaoshan District, Hangzhou, Zhejiang Province, China 311231

(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 ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

On August 27, 2026, Eastern International Ltd., a Cayman Islands Company (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with Mr. Albert Wong, the Chairman of the Board of Directors and Chief Executive Officer of the Company (the “Purchaser”). Pursuant to the Agreement, the Company will issue and sell 200,000 Series B Preferred Shares of the Company (the “Shares”) to Mr. Wong at a price of US$1.00 per share, for an aggregate purchase price of US$200,000. Each Series B Preferred Share has 100 votes at the general meeting of the Company, and every two Series B Preferred Shares are convertible into one ordinary share of the Company at the holder’s option. The designation and issuance of Series B Preferred Shares were approved by the special committee of the Board and the Board of Directors of the Company.

The foregoing description is merely a summary of the Agreement and therefore does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated by reference herein.

2

EXHIBIT INDEX

Number		Description of Exhibit
10.1		Securities Purchase Agreement by and between Eastern International Ltd. and Albert Wong dated August 27, 2026.

3

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.

Date: August 28, 2026

	Eastern international LTD.
	By:	/s/ Albert Wong
	Name:	Albert Wong
	Title:	Chief Executive Officer

4

Filing Exhibits & Attachments

1 document

Agreements & Contracts

• EX-10.1 EX-10.1 129.5 KB