Welcome to our dedicated page for HiTek Global SEC filings (Ticker: HKIT), 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.
Hitek Global Inc. filings document the disclosure record of a Cayman Islands foreign private issuer operating as a China-based information technology consulting and solutions provider. Form 6-K reports cover material events involving Class A ordinary shares, share-consolidation approvals, Nasdaq trading matters, annual general meeting materials, and capital-raising arrangements under shelf registration statements.
The company’s SEC record also includes disclosures tied to at-the-market sales agreements, registered direct offering documents, prospectus supplements, Form F-3 shelf registrations, and Form S-8 registration activity. These filings describe capital structure, securities issuance mechanics, governance approvals, incorporation-by-reference matters, and risk language associated with its public-company financing and reporting obligations.
HiTek Global Inc. is implementing a 1-for-25 reverse split of its Class A ordinary shares, effective July 6, 2026, which will reduce issued and outstanding Class A shares from 19,996,492 to 799,860. Class B ordinary shares will remain at 8,192,000 outstanding.
At the effective time, every 25 issued and unissued Class A ordinary shares will automatically combine into one share, and the par value will change from $0.015 to $0.375 per share. Any fractional shares will be rounded up to the nearest whole share at the participant level.
The company’s total authorized share capital will stay at US$316,000, reclassified into 800,000 Class A ordinary shares, 150,000,000 Class B ordinary shares, and 10,000,000 preference shares. HiTek’s Class A shares will continue trading on the Nasdaq Capital Market under “HKIT” on a split-adjusted basis starting July 6, 2026, with new CUSIP G45139139.
Hitek Global Inc. has called its 2026 annual general meeting for July 29, 2026 at 9:00 p.m. Eastern time, with shareholders of record at 4:00 p.m. Eastern time on June 3, 2026 entitled to vote. The board is asking investors to re-appoint all five current directors and to ratify Wei, Wei & Co., LLP as independent auditor for the year ending December 31, 2026.
A key proposal would amend authorized share capital by subdividing each Class A ordinary share on a 1:3,750 ratio, changing 800,000 Class A shares of par value US$0.375 into 3,000,000,000 Class A shares of par value US$0.0001, while keeping authorization for 150,000,000 Class B ordinary shares and 10,000,000 preference shares. Subject to that change, the board also seeks authority, for up to two years, to implement one or more consolidations of Class A shares at ratios up to 1‑for‑6,000.
Shareholders are also being asked to approve changing the company’s name from “Hitek Global Inc.” to “Biddance AI Systems, Inc”, and to approve a transfer by way of continuation from the Cayman Islands to the British Virgin Islands, with new BVI‑law memorandum and articles. An adjournment proposal would allow the chair to postpone the meeting if more time is needed to gather votes. The board unanimously recommends voting in favor of all eleven proposals.
HiTek Global Inc. Schedule 13G shows L1 Capital Global Opportunities Master Fund, Ltd. reports beneficial ownership of 112,800 Class A Ordinary Shares, representing 9.99% of the class. The filing states this amount reflects 85,000 Class A Ordinary Shares and 27,800 Pre-Funded Warrants subject to a 9.99% beneficial ownership limitation. It cites 1,016,474 Class A Ordinary Shares outstanding per the issuer's prospectus and a Form 6-K. The filing names David Feldman and Joel Arber as directors of the reporting fund and notes customary disclaimers regarding beneficial ownership attribution.
HiTek Global Inc. insider Jane Street Group, LLC and affiliates reported mixed open-market trades in Class A Ordinary Shares. On June 4, 2026, they sold 169,820 shares at $0.33 per share, leaving 67,718 shares indirectly held. On June 2, 2026, they executed a series of smaller open-market purchases and sales around $1.66–$1.75 per share, resulting in total reported purchases of 1,093 shares and sales of 2,611 shares that day. Footnotes state their beneficial ownership rose above 10% of HiTek Global’s Class A Ordinary Shares on June 2, and after these transactions their beneficial ownership is below 10%.
HiTek Global Inc. completed a registered direct offering of 4,000,000 Class A ordinary shares, or pre-funded warrants in lieu, at $2.00 per security, together with ordinary warrants. The deal generated $8,000,000 in gross proceeds before fees and expenses.
Each warrant has a $4.5678 exercise price and is exercisable for approximately 3.8 Class A ordinary shares. The company will pay a 7.0% cash fee on gross proceeds plus $100,000 in expenses to the placement agent. Class A ordinary shares outstanding were 846,474 before the transaction and are 19,996,474 after, assuming full exercise of all pre-funded warrants and warrants.
Hitek Global Inc. is registering up to 19,150,000 Class A Ordinary Shares in a registered direct offering pursuant to a June 2, 2026 Securities Purchase Agreement. The offering consists of 170,000 Class A Ordinary Shares, 3,830,000 Pre-Funded Warrants (each exercisable for one Class A share at $0.015) and accompanying warrants that could underlyingly issue up to 15,150,000 Class A Ordinary Shares through a zero price exercise feature.
The public purchase price per Class A Ordinary Share is $2.00, the aggregate subscription amount is up to $8,000,000, estimated net proceeds are approximately $7.16 million, and Placement Agent compensation equals 7.0% of gross proceeds. The offering and warrant mechanics include cashless and zero-price exercises, a Floor Price of $1.5751, and potential non-cash proceeds from warrant exercises.
HiTek Global Inc. disclosed that entities affiliated with Jane Street Group, LLC have become ten percent owners of its Class A Ordinary Shares. The Form 3 reports that the reporting group now beneficially owns 239,056 Class A Ordinary Shares indirectly.
The shares are held directly by Jane Street Capital, LLC and Jane Street Global Trading, LLC and indirectly by Jane Street Group, LLC. This filing establishes their status as significant shareholders but does not describe specific individual buy or sell transactions.
HiTek Global Inc. is carrying out a 1-for-3 reverse split of its Class A ordinary shares, effective May 29, 2026. Every three issued and unissued Class A shares will be combined into one share, and the shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market under the symbol HKIT on that date.
After the reverse split, the par value of each Class A share will change from $0.005 to $0.015, with fractional shares rounded up to the nearest whole share. The company expects Class A shares outstanding to move from 2,324,420 to 774,807, while Class B shares outstanding will remain at 8,192,000. Total authorized share capital will stay at $316,000.
HiTek Global Inc. filed an initial ownership report for Chief Technology Officer Shi Bo on Form 3. This filing establishes his status as an officer subject to insider reporting rules but does not list any share transactions or current holdings, and it records no purchases, sales, or derivative exercises.
HiTek Global Inc. filed an initial ownership report for director Zhang Zizhao on Form 3. The filing identifies Zhang as a director of the company and shows no reported transactions, no derivative positions, and no listed holdings in the summarized data.