Welcome to our dedicated page for FST SEC filings (Ticker: FSTWF), 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.
FST Corp. filings document a foreign private issuer reporting on Form 6-K after a completed business combination involving Chenghe Acquisition I. Co. and Femco Steel Technology Co., Ltd. The filings include unaudited condensed consolidated financial statements, management discussion and analysis, and Inline XBRL exhibits covering assets such as cash, restricted cash, receivables, inventories, related-party balances, property and equipment, and intangible assets.
The filing record also covers governance and capital-structure matters, including director and committee changes, indemnification arrangements, annual general meeting results, approval of an equity incentive plan, and a prepaid share forward transaction connected with the post-combination ordinary shares.
FST Corp. approved a new restricted stock award program under its 2025 Equity Incentive Plan, reserving 1,340,000 ordinary shares, par value US$0.0001 per share, for future grants. These shares represent approximately 3% of the company’s issued and outstanding ordinary shares as of July 25, 2026.
Restricted stock awards will vest over three years, with one-third vesting on each of the first, second and third anniversaries of the grant date, conditioned on continued service. The Board, through its Compensation Committee, will administer the program. As of this report, no awards have been granted. The disclosure is incorporated by reference into the company’s Form S-8 and Form F-3 registration statements.
FST Corp. reported second-quarter 2026 revenue of $12,552,012, up from $11,437,270 a year earlier, driven mainly by higher aftermarket sales in steel and graphite shafts. Operating income was $259,899, compared with an operating loss of $689,488 in second-quarter 2025. The company still posted a net loss of $1,046,379, or $0.02 per share, but this narrowed from a net loss of $3,029,029, or $0.07 per share, a year ago. For the first six months of 2026, FST was profitable, earning net income of $831,189, or $0.02 per share, versus a loss of $5,827,047 in the prior-year period.
As of June 30, 2026, cash and cash equivalents were $8,221,962, total assets were $62,890,586 and total shareholders’ equity was $15,949,864. Net cash provided by operating activities was $1,148,290 for the first half of 2026, compared with net cash used of $4,315,501 a year earlier. Management believes existing liquidity, operating cash flow and credit facilities will fund requirements for the next 12 months. The board authorized a share repurchase program of up to $3.0 million of ordinary shares, to be executed at management’s discretion, reflecting confidence in the company’s long-term strategy while balancing growth investments with returning capital to shareholders.
FST Corp., a foreign private issuer, submitted Amendment No. 1 to its July 7, 2026 Form 6-K. The amendment’s sole purpose is to replace Exhibit 5.1, the legal opinion from Ogier, which was previously furnished in an incorrect form.
No other disclosures from the July 7, 2026 report are modified or updated, and the company states that the amendment does not reflect any events occurring after the original report date.
FST Corp. has entered into an at-the-market share sales agreement with H.C. Wainwright & Co., allowing it to sell ordinary shares over time with an aggregate offering price of up to $10,400,000. Any shares will be issued under its existing Form F-3 shelf registration.
Sales, if made, can occur on the Nasdaq Global Market or other trading venues and the company is not required to sell any shares. H.C. Wainwright will receive up to 3.0% of the gross sales price. FST also filed an amended prospectus supplement that replaces an earlier supplement it determined was inadvertently filed.
FST Corp. is registering an at-the-market offering to sell Ordinary Shares having an aggregate offering price of up to $10,400,000 pursuant to a Sales Agreement with H.C. Wainwright & Co., LLC dated July 6, 2026.
As of July 1, 2026, there were 44,766,003 Ordinary Shares outstanding. The prospectus supplement states net proceeds are intended for working capital and general corporate purposes, and Wainwright will receive a 3.0% commission on sales.
FST Corp. is offering, through an at-the-market (ATM) program, Ordinary Shares with an aggregate offering price of up to $10,400,000 under a Sales Agreement with H.C. Wainwright & Co., LLC. Sales may occur from time to time on Nasdaq or by other permitted methods, with Wainwright paid a 3.0% commission and acting as agent or principal.
The prospectus supplement states shares outstanding of 44,766,003 Ordinary Shares as of July 1, 2026, a public float of $38,842,201.97 as of May 18, 2026, and 14,399,985 warrants outstanding exercisable at $11.50 per share. Net proceeds are intended for working capital and general corporate purposes, and sales under the program will be subject to customary limitations and Nasdaq/SEC rules.
FST Corp. reported a strong turnaround for the quarter ended March 31, 2026, with revenue of $14.65 million, up from $10.76 million a year earlier, mainly from higher OEM business and growth at KBS Graphite. Operating income reached $2.18 million, compared with an operating loss of $0.84 million in the prior-year period, an improvement of $3.02 million. Net income attributable to shareholders was $1.87 million versus a net loss of $2.78 million, and earnings per share moved from a loss of $0.06 to a profit of $0.04 on a similar share count. Cash and cash equivalents were $7.37 million as of March 31, 2026, slightly above year-end, with current assets of $30.14 million and current liabilities of $31.50 million. Management states that existing liquidity, operating cash flows and credit facilities are expected to cover funding needs for the next 12 months.
FST Corp. director Li Houston Jesse has filed an initial Form 3, which is the required statement of beneficial ownership for new insiders. The data provided shows no reportable transactions, share purchases, sales, or derivative holdings at this time.
FST Corp. reports a change in its board leadership. On April 16, 2026, independent director Richard Qi Li resigned from the Board of Directors, and the company states he reported no disagreements regarding operations, policies, or practices.
The Board simultaneously appointed Houston Li as a new independent director to fill the vacancy. He brings investment banking and capital markets experience from roles at CBC Securities, Chenghe Acquisition III Co., Campbell Lutyens, and Morgan Stanley, and holds a Brown University degree in Applied Mathematics-Economics.
Existing independent director Huoy-Ming Yeh was appointed to the Audit Committee and the Nominating and Corporate Governance Committee, replacing Richard Li on both. The company entered into its standard-form indemnity agreement with Houston Li and confirms there are no related party transactions requiring disclosure under Item 7.B of Form 20-F.
FST Corp. files its annual Form 20-F, outlining a transformed structure and key risks. The Cayman Islands holding company now fully owns Taiwan-based Femco after completing a business combination with SPAC Chenghe and a Share Transfer Agreement, and had 44,766,003 ordinary shares outstanding as of December 31, 2025.
For 2025, FST recorded a net loss of about $1.50 million and operating cash outflows of about $1.00 million, highlighting liquidity pressure amid high leverage and ongoing funding needs. Management notes it expects to need additional capital beyond the next twelve months and may sell non-core assets or issue new debt or equity.
The report emphasizes reliance on the KBS golf shaft brand, exposure to discretionary consumer spending, intense competition, tariff and trade policy uncertainty, and significant geopolitical risk linked to Taiwan–China tensions. FST also discloses two material weaknesses in internal control over financial reporting—insufficient financial reporting resources and limited U.S. GAAP expertise—and outlines remediation steps, warning that continued deficiencies could affect reporting accuracy, investor confidence, and market access.