Elite Express Holding Inc. filings document a newly public last-mile delivery company with Class A common stock registered on Nasdaq. The company’s 8-K reports furnish quarterly and fiscal-year results, press-release exhibits, operating-expense commentary tied to public-company compliance, and capital-structure disclosures.
The filing record also covers Nasdaq listing-compliance notices, material financing agreements, and governance changes involving directors, board committees, and finance leadership. As an emerging growth company, ETS filings frame its reporting status, securities registration, and public-company governance obligations.
Elite Express Holding Inc. (ETS) reported third-quarter revenue of $766,422 for the three months ended August 31, 2026, up 20.9% from $633,865 a year earlier. Gross profit was $95,759, compared with $6,817, and gross margin was 12.5%, versus 1.1%.
General and administrative expenses increased 570.9% to $1,017,024 from $151,600, largely due to professional fees, payroll and franchise taxes. Net loss widened to $760,138 from $185,881. For the nine months ended August 31, revenue was $2,298,549 versus $1,956,258, and net loss was $3,403,184 versus $498,484; operating cash use was $4,741,858 versus $640,210.
During the quarter, ETS entered into additional loans with unrelated third-party borrowers totaling $1.9 million at 5% annual interest, maturing in 12 months and secured by personal guarantees from the borrowers’ shareholders or chief executive officers. Effective June 1, 2026, maturity dates for remaining outstanding loans from the original portfolio were extended to November 30, 2026, at 5% annual interest.
Elite Express Holding Inc. reported revenue of $766,422 for the three months ended August 31, 2026, up 20.9% from a year earlier, and $2,298,549 for the nine months, up 17.5%. Nine-month gross profit was $334,161, compared with a $7,588 gross loss a year earlier; net loss was $3,403,184, compared with $498,484. Quarterly net loss was $760,138 versus $185,881.
FedEx remained the sole customer, accounting for 100% of revenue. Operating cash use was $4,741,858 for the nine months, and cash was $3,003,589 as of August 31, 2026. Loans receivable were $11,549,811 at that date. A private placement closed June 4, 2026, issuing 32,000,000 Class A shares at $0.25 each for $8,000,000 in gross proceeds. The company’s unallocated shelf would permit, following effectiveness, offerings with an aggregate offering price of up to $300,000,000; it had not been declared effective and no securities had been sold under it.
Elite Express Holding Inc. is seeking to register a shelf offering of securities with an aggregate offering price of up to $300,000,000, for one or more offerings from time to time. The securities may include Class A common stock, preferred stock, debt securities, warrants, rights and units, alone or in combination. Specific offering terms and the use of net proceeds will be described in prospectus supplements. Sales may be made directly or through agents, dealers or underwriters.
Through its wholly owned subsidiary JAR Transportation, Elite Express provides last-mile delivery services in California; FedEx is its only customer under an Independent Service Provider agreement. Class A and Class B shares generally vote together, with one vote per Class A share and 15 votes per Class B share.
Elite Express Holding Inc. (ETS) reports the results of its 2026 Annual Meeting of Stockholders held on September 2, 2026. Stockholders approved the 2026 Stock Incentive Plan, which authorizes an initial reserve of 6,000,000 Class A and 2,000,000 Class B common shares for equity and cash-based awards to employees, directors and consultants, subject to annual increases and other adjustments under the plan.
All five director nominees—Huan Liu, Yidan Chen, Huaqin He, Jianing Lu and Huanhuan Tian—were re-elected, each receiving about 101.4 million votes for, with small numbers of votes against and abstentions, and 1,133,134 broker non-votes on the election items. Stockholders also ratified the appointment of Audit Alliance LLP as independent registered public accounting firm for the fiscal year ending November 30, 2026, with 102,590,571 votes for, 5,379 against and 3 abstentions.
Elite Express Holding Inc. (ETS) filed a universal shelf registration to offer, from time to time, up to $300,000,000 of securities, including Class A common stock, preferred stock, debt securities, warrants, rights and units. These securities may be issued in one or more primary offerings, with specific terms detailed in future prospectus supplements.
The company qualifies as a smaller reporting company and emerging growth company and is using a shelf process that allows flexible timing and structures for capital raising. Under General Instruction I.B.6, public primary offerings are limited so long as public float is below $75,000,000. ETS’s Class A common stock trades on the Nasdaq Capital Market under the symbol “ETS.”
Elite Express is a Delaware holding company whose wholly owned subsidiary, JAR Transportation Inc., provides last‑mile delivery services in California, primarily under an Independent Service Provider agreement with FedEx.
Elite Express Holding Inc. reported that Nasdaq has notified the company it has regained compliance with the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2). Nasdaq confirmed the Class A common stock maintained a closing bid of at least $1.00 per share for 10 consecutive business days and stated the matter is now closed.
The company had previously received a deficiency notice on October 31, 2025 after the closing bid stayed below $1.00 per share for 30 consecutive business days and was granted two 180-day compliance periods through October 26, 2026 to cure the issue.
Elite Express Holding Inc., a last‑mile delivery provider, reported second quarter 2026 revenue of $726,829, an increase of $96,579 or 15.3% from the prior‑year quarter. Activity‑based services contributed most revenue, while fixed revenue grew, helped by higher weekly service charge rates under its FedEx ISP agreement.
Cost of revenue rose more slowly, lifting gross profit to $81,037 and gross margin to 11.1%, up from 2.9% a year earlier. However, operating expenses jumped to $2,856,072, including $2,150,000 in research and development and sharply higher general and administrative costs related to public‑company requirements.
The company recorded a net loss of $2,532,942 for the quarter, versus a loss of $107,604 a year ago, and a six‑month net loss of $2,643,046. As of May 31, 2026, cash stood at $5,235,991, loans receivable were $9,649,811, and total stockholders’ equity was $18,548,821.
Elite Express Holding Inc., a FedEx‑exclusive last‑mile delivery provider in California, generated $726,829 of revenue for the quarter ended May 31, 2026, up 15.3% year over year, and $1,532,127 for the six‑month period, up 15.9%. Better cost control and higher volume shifted results from a prior‑year gross loss to a six‑month gross profit of $238,402.
Intensive investment in technology sharply increased losses. The company recorded a six‑month net loss of $2,643,046 (vs. $312,603 a year earlier), driven by $2.15M of R&D expense for a proprietary, AI‑enabled logistics platform and higher general and administrative costs. Operating activities used $4,344,650 of cash, but an $8.0M Class A share private placement and interest from $9.65M of loans receivable lifted cash to $5,235,991 and stockholders’ equity to $18,548,821 as of May 31, 2026. All revenue continues to come from FedEx under an ISP agreement renewed through January 1, 2027, so performance remains highly dependent on that single relationship.
Elite Express Holding Inc. is holding a virtual annual stockholder meeting on September 2, 2026 to vote on three key items: re-election of five directors, ratification of Audit Alliance LLP as independent registered public accounting firm for the fiscal year ending November 30, 2026, and approval of the 2026 Stock Incentive Plan.
As of July 10, 2026, the company had 44,550,005 shares of Class A common stock and 4,166,667 shares of Class B common stock outstanding. The proposed 2026 Stock Incentive Plan would authorize up to 6,000,000 Class A shares and 2,000,000 Class B shares for equity awards and includes an annual increase feature tied to 15% of shares outstanding, subject to the overall authorized share limit.
The board has determined that three directors are independent and has audit, compensation, and nominating/governance committees composed entirely of independent members. Related-party loans from the chairman were fully repaid, and stockholders are provided detailed voting mechanics, including treatment of broker non-votes and abstentions for each proposal.
Elite Express Holding Inc. filed a Form 3 insider report identifying Hua Ye as an officer, with the specific title referenced in the remarks section. The filing does not list any common stock or derivative transactions and shows no derivative positions in the derivative summary.