Every 8-K that Elite Express Holding Inc. (ETS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ETS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ETS filings page.
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. (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. 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. completed a private placement of 32,000,000 Class A common shares at $0.25 per share, raising $8,000,000 in gross proceeds. The shares were sold to eight non-U.S. investors under Regulation S in offshore transactions and are classified as restricted securities.
The company’s board also appointed Ye Hua as Chief Financial Officer, effective June 8, 2026. She will serve as principal financial and accounting officer under an employment agreement providing a $60,000 annual base salary, eligibility for a discretionary cash bonus, and a separate indemnification agreement.
Elite Express Holding Inc. received an additional 180-day period from Nasdaq, until October 26, 2026, to regain compliance with the exchange’s minimum bid price rule of $1.00 per share. The company previously fell out of compliance after its stock traded below this level for 30 consecutive business days.
The company remains listed on The Nasdaq Capital Market during this second compliance period. To regain compliance, its closing bid price must be at least $1.00 per share for a minimum of 10 consecutive business days. Elite Express has indicated it may use a reverse stock split, within a range already approved by stockholders, if needed.
If the company does not meet the minimum bid price requirement by October 26, 2026, Nasdaq may initiate delisting of its securities. The company states it intends to use reasonable efforts to regain and maintain compliance but cannot assure success.
Elite Express Holding Inc. reported first quarter 2026 revenue of $805,298, up 16.3% from $692,143 a year earlier, driven mainly by higher activity-based delivery revenue and a sharp increase in other pickup and delivery revenue from a one-time FedEx performance bonus.
The company moved from a gross loss of $32,407 to gross profit of $157,365 as cost of revenue fell 10.6%, helped by lower vehicle repairs and depreciation. Net loss improved to $110,104 from $204,999, aided by $198,737 of interest income on short-term loans receivable, though general and administrative expenses rose as public company costs increased. Cash decreased to $68,065 as of February 28, 2026, while loans receivable totaled $9,949,811.
Elite Express Holding Inc. entered into a Stock Purchase Agreement with eight non-U.S. investors for a private placement of 32,000,000 Class A Common shares. The shares are priced at $0.25 each, for aggregate gross proceeds of $8,000,000. Closing is expected within ninety days of March 10, 2026, or on another date agreed in writing. The transaction relies on Regulation S, with all Purchasers representing that they are non-U.S. persons and the offering conducted in offshore transactions. The unregistered shares will be treated as “restricted securities” under Rule 144.
Elite Express Holding Inc. reported full-year 2025 revenue of about $2.7 million, up 9.1% from 2024, driven mainly by higher activity-based delivery revenue under its FedEx ISP structure. Activity-based revenue reached $2.0 million, or 75.7% of total, while fixed revenue declined to $0.6 million as baseline weekly compensation fell.
Cost of revenue rose modestly, leaving a small gross profit of $18,211 versus $15,897 a year earlier. The company’s net loss widened sharply to about $2.2 million from $0.4 million, largely because general and administrative expenses increased by $1.2 million to $1.6 million on public-company legal, accounting, and governance costs, and new research and development spending reached $0.9 million as ETS invested in a B2B delivery aggregation platform.
On the balance sheet, total assets climbed to $13.7 million from $1.8 million, with cash of $1.3 million and loans receivable of about $10.0 million. These loans to third-party partners, funded from IPO proceeds, generated $191,475 of interest income. Stockholders’ equity increased to $13.2 million, reflecting substantial financing inflows alongside the higher net loss.
Elite Express Holding Inc. announced that Chief Financial Officer Robert Cook has resigned effective December 15, 2025, for personal reasons not related to any disagreement with the company’s operations, policies, or practices.
Chief Executive Officer, President, and Director Yidan Chen will serve as interim CFO and assume the principal financial officer and principal accounting officer roles while the board conducts a search for internal and external candidates to fill the vacancy. Under a resignation agreement dated December 15, 2025, Mr. Cook will receive base compensation of $3,461.54 and a one-time separation payment of $5,000 in exchange for release, confidentiality, non-disparagement, and related obligations.
Elite Express Holding Inc. (ETS) reported a board change effective November 24, 2025. Independent director Adam Eilenberg resigned from the Board and from his roles as Chairman of the Nominating and Corporate Governance Committee and member of both the Audit and Compensation Committees, citing personal reasons and no disagreement with the company’s operations, policies, or practices.
The Board, following a recommendation from the Nominating and Corporate Governance Committee, appointed Jianing Lu as an independent director, Chairman of the Nominating and Corporate Governance Committee, and member of the Audit and Compensation Committees, also effective November 24, 2025. Mr. Lu is a senior legal specialist with advanced law degrees and corporate legal, governance, and compliance experience. The company states there are no family relationships or related-party transactions involving Mr. Lu, and it has entered into a director offer letter and an indemnification agreement with him.
Elite Express Holding Inc. (ETS) announced it received a Nasdaq notice that its Class A common stock failed the $1.00 minimum bid price for 30 consecutive business days. The stock remains listed on the Nasdaq Capital Market under “ETS.”
Under Nasdaq rules, the company has 180 calendar days, until April 29, 2026, to regain compliance by having a closing bid of at least $1.00 for 10 consecutive business days. If not regained, an additional 180-day period may be available if initial listing criteria (other than bid price) are met and the company notifies Nasdaq of an intent to cure, which may include a reverse stock split. The company said it will monitor its share price and may consider available options.
Elite Express Holding Inc. announced board changes. On October 24, 2025, Francis A. Braun III resigned as an independent director, Chairman of the Compensation Committee, and member of the Audit and Nominating & Corporate Governance Committees due to personal reasons; the Board noted no disagreement with the Company’s operations, policies, or practices.
On October 28, 2025, the Board appointed Huaqin He as an independent director, Chairman of the Compensation Committee, and a member of the Audit and Nominating & Corporate Governance Committees, effective the same day. Mr. He is a professor at Fujian Agriculture and Forestry University with a Ph.D. in Agronomy and experience in data analytics and systematic research relevant to digital logistics and operational optimization. The Company executed a director offer letter and an indemnification agreement with Mr. He, filed as Exhibits 10.1 and 10.2.
Elite Express Holding Inc. (ETS) filed a Form 8-K and furnished a press release announcing its financial results for the quarter ended August 31, 2025. The press release is attached as Exhibit 99.1.
The company’s Class A common stock trades on The Nasdaq Stock Market under the symbol ETS. The report is dated October 14, 2025, and notes Elite Express as an emerging growth company.