HiTek Global Inc. SEC Filings

HiTek Global Inc. (HKIT) amended its at-the-market equity program with AC Sunshine Securities to increase the maximum aggregate offering of Class A ordinary shares from $30,000,000 to $100,000,000 under its effective shelf registration.

The amendment also reduces the sales agent’s commission from 3.5% to 3.0% of gross proceeds and introduces a 6‑month term after which the agreement will end unless earlier terminated or extended. A related amendment to the prospectus supplement now permits offerings of up to $100,000,000, or 59,523,809 Class A ordinary shares, calculated using a Nasdaq closing price of $1.68 on November 21, 2025. No shares had been sold under the program as of the amendment date.

Hitek Global Inc. is amending its at-the-market equity program to offer up to $100,000,000 of Class A Ordinary Shares on Nasdaq under its Form F-3 shelf. The company has revised its sales agreement with AC Sunshine Securities LLC to raise the ATM capacity from $30,000,000 to $100,000,000, cut the sales agent’s commission from 3.5% to 3.0% of gross proceeds, and add a six‑month term after which the agreement terminates if not ended earlier. No shares have been sold under the ATM as of this amendment. At an illustrative price of $1.68 per share, up to 59,523,809 new shares could be issued, which would raise total Class A Ordinary Shares outstanding to 80,631,173 and create immediate dilution for new investors. Net proceeds are intended for general corporate purposes, and the filing highlights risks of share-price volatility and potential pressure on the stock from future sales.

HiTek Global (HKIT) filed a Form 6-K furnishing materials for its 2025 Annual General Meeting. The submission includes a Notice of Meeting and a form of proxy card to be mailed to shareholders.

The filing is administrative in nature and centers on shareholder meeting logistics rather than operating results or transactions.

HiTek Global Inc. furnished a Form 6-K providing its unaudited condensed consolidated financial statements as of June 30, 2025 and for the six months ended June 30, 2025 and 2024, along with an accompanying Operating and Financial Review and Prospects (MD&A).

The submission includes Inline XBRL files and is incorporated by reference into the company’s effective registration statements, including its Form F-3 (File No. 333-281723) and Form S-8 (File No. 333-289245), as well as related prospectuses and supplements to the extent not superseded.

HiTek Global Inc. is offering Class A Ordinary Shares in an "at the market" offering through a sales agent at prevailing market prices to raise funds for general corporate purposes. The company trades on the Nasdaq Capital Market under HKIT. As of December 31, 2024, net tangible book value per share was $1.19; the offering would increase that value by $0.05 to an adjusted net tangible book value of $1.24, producing dilution to new investors of $0.75 per share. The prospectus highlights material risks including dependence on a VIE structure, regulatory changes in the PRC affecting VAT and ACTCS operations, the ability to secure acceptable payment methods, capital needs, and retention of key personnel including the CEO. The document incorporates periodic reports including annual Form 20-Fs and Form 6-Ks for ongoing disclosure.