High-Trend International (NASDAQ: HTCO) retires 630,000 Class A shares

Rhea-AI Filing Summary

High-Trend International Group reported that it has completed the cancellation and retirement of 630,000 Class A ordinary shares that had been issued to Streeterville Capital, LLC under a securities purchase agreement dated October 29, 2025. The company previously entered into a payoff acknowledgment and termination agreement with Streeterville, under which it fully satisfied all obligations from the related financing and received the return of these shares. After the required share return and transfer procedures, the 630,000 "Pre-Delivery Shares" were cancelled and retired, reducing the number of issued and outstanding Class A ordinary shares by the same amount. The chairman stated that this is intended to optimize the capital structure, lessen potential dilution and support future business strategy execution.

Insights

Capital structure analyst

HTCO retires 630,000 shares after repaying prior financing.

High-Trend International Group has cancelled and retired 630,000 Class A ordinary shares that were previously issued in connection with a financing from Streeterville Capital, LLC. This follows a payoff acknowledgment and termination agreement under which the company satisfied all related obligations.

The transaction removes these shares from the issued and outstanding count, which the chairman links to reducing potential dilution and optimizing the capital structure. The filing does not quantify this reduction relative to total shares, so the scale of impact cannot be assessed from the excerpt alone.

Future company filings may provide additional context on overall share count and any further capital structure actions taken after this May 14, 2026 announcement.

Key Figures

Shares cancelled and retired: 630,000 Class A ordinary shares Agreement date: October 29, 2025 Announcement date: May 14, 2026

3 metrics

Shares cancelled and retired 630,000 Class A ordinary shares Pre-Delivery Shares returned by Streeterville Capital and retired

Agreement date October 29, 2025 Date of securities purchase agreement for Pre-Delivery Shares

Announcement date May 14, 2026 Date of press release announcing share cancellation

Key Terms

cancellation and retirement, securities purchase agreement, payoff acknowledgment and termination agreement, forward-looking statements, +1 more

5 terms

cancellation and retirement financial

"announces Cancellation and Retirement of 630,000 Class A Ordinary Shares"

securities purchase agreement financial

"previously issued to Streeterville Capital, LLC pursuant to a securities purchase agreement dated October 29, 2025"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

payoff acknowledgment and termination agreement financial

"entered into a payoff acknowledgment and termination agreement with Streeterville"

forward-looking statements regulatory

"This press release contains forward-looking statements within the meaning of applicable securities laws"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

safe harbor provisions regulatory

"made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995"

Safe harbor provisions are rules or legal protections that shield companies or individuals from certain penalties or liabilities when they follow specific guidelines or procedures. They provide a sense of security, encouraging compliance and innovation by reducing the fear of legal repercussions if they act in good faith. For investors, these provisions help ensure that companies are transparent and accountable without the risk of unfair punishment for honest mistakes.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number 001-41573

HIGH-TREND INTERNATIONAL GROUP
(Translation of registrant’s name into English)

60 Paya Lebar Road

#06-17 Paya Lebar Square

Singapore 409051

+ 1 (929) 666 0683 

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒     Form 40-F ☐

Exhibits

Exhibit No.		Description of Exhibit
99.1		Press Release dated May 14, 2026

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 14, 2026	HIGH-TREND INTERNATIONAL GROUP
	/s/ Shixuan He
	Shixuan He
	Chief Executive Officer
	(Principal Executive Officer)

2

Exhibit 99.1

High-Trend International Group Announces Cancellation and Retirement of 630,000 Class A Ordinary Shares

New York, May 14, 2026 / PRNewswire/– High-Trend International Group (Nasdaq: HTCO, the “Company”) today announced that it has completed the cancellation and retirement of 630,000 Class A ordinary shares (the “Pre-Delivery Shares”) that were previously issued to Streeterville Capital, LLC (“Streeterville”) pursuant to a securities purchase agreement dated October 29, 2025.

HTCO Chairman Mr. Christopher Nixon Cox stated that this transaction will help further optimize the Company’s capital structure, reduce potential dilution and provide greater flexibility for the execution of its future business strategy.

Previously, the Company had entered into a payoff acknowledgment and termination agreement with Streeterville, under which the Company fully satisfied all obligations arising from the related financing and received the return of the Pre-Delivery Shares. Following the completion of the relevant share return and transfer procedures, all 630,000 Pre-Delivery Shares have now been cancelled and retired, resulting in a corresponding reduction of 630,000 in the number of the Company’s issued and outstanding Class A ordinary shares.

About High-Trend International Group

High-Trend International Group is a global ocean transportation company with core businesses in international shipping.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as “believe,” “expect,” “anticipate,” “future,” “will,” “intend,” “plan,” “estimate” or similar expressions. Actual results may differ materially from those indicated by these forward-looking statements due to various risks and uncertainties, including but not limited to those detailed in the Company’s filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement, except as required by applicable law.

FAQ

What did High-Trend International Group (HTCO) announce in this 6-K?

High-Trend International Group announced it cancelled and retired 630,000 Class A ordinary shares previously issued to Streeterville Capital. This followed full repayment of obligations under a prior financing and reduces the number of issued and outstanding Class A ordinary shares.

How many HTCO shares were cancelled and retired in the transaction?

The company cancelled and retired 630,000 Class A ordinary shares, referred to as Pre-Delivery Shares. These shares were originally issued to Streeterville Capital under an October 29, 2025 securities purchase agreement and have now been removed from the issued and outstanding total.

Who were the cancelled High-Trend International Group shares originally issued to?

The 630,000 cancelled Class A ordinary shares were originally issued to Streeterville Capital, LLC. They were issued under a securities purchase agreement dated October 29, 2025 and later returned to the company following a payoff acknowledgment and termination agreement.

How does HTCO describe the impact of the share cancellation on its capital structure?

HTCO’s chairman stated the transaction will help optimize the company’s capital structure, reduce potential dilution and provide greater flexibility for executing its future business strategy. This is based on eliminating 630,000 previously issued Class A ordinary shares from the outstanding total.

What agreement allowed HTCO to cancel the 630,000 Pre-Delivery Shares?

The company entered into a payoff acknowledgment and termination agreement with Streeterville Capital. Under this, High-Trend International Group fully satisfied all obligations from the related financing and received the return of the 630,000 Pre-Delivery Shares, enabling their cancellation and retirement.

What business does High-Trend International Group (HTCO) operate in?

High-Trend International Group is described as a global ocean transportation company. Its core businesses are in international shipping, which means it focuses on moving goods by sea across different regions and markets worldwide.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE DATED MAY 14, 2026 4.3 KB