Huadi International Group Co., Ltd. SEC Filings

Huadi International Group Co., Ltd., a Cayman Islands holding company with operating subsidiaries in China, has filed a Form F-3 shelf registration to offer, from time to time, ordinary shares and other securities with an aggregate initial offering price of up to $100,000,000. The company may sell these securities in one or more offerings through various methods, with specific terms to be detailed in future prospectus supplements; any primary public offering while its public float remains below $75,000,000 is limited to no more than one-third of the $3,919,393 public float in any 12‑month period.

The business consists primarily of manufacturing and selling industrial stainless steel piping products, with revenues concentrated in China and the United States, and 14,319,182 ordinary shares outstanding as of the prospectus date. Huadi highlights that investors are buying shares of a Cayman holding company, not the PRC operating entities, and details extensive risks from PRC regulatory changes, foreign-exchange controls, and the Holding Foreign Companies Accountable Act that could restrict capital-raising or lead to delisting. The company has received a Nasdaq notice for failing the $1.00 minimum bid requirement and has until January 11, 2027 to regain compliance, while remaining an emerging growth company, a foreign private issuer, and a controlled company.

Huadi International Group Co., Ltd. reported that on July 14, 2026 it received a notice from the Nasdaq Capital Market stating that its ordinary shares no longer meet Nasdaq's minimum bid price requirement because the closing bid was below $1.00 per share for 30 consecutive business days under Listing Rule 5550(a)(2). The notice does not immediately impact the listing, and the shares continue to trade on Nasdaq under the symbol HUDI.

Huadi has an initial compliance period of 180 calendar days, until January 11, 2027, to regain compliance by achieving a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If it remains non-compliant, the company may qualify for an additional 180-day period if it meets other listing standards and submits a plan to cure the deficiency, potentially including a reverse stock split completed at least 10 business days before the end of the applicable compliance period. The company states it is monitoring its share price and considering available options to maintain its Nasdaq listing.

Huadi International Group Co., Ltd. reported weaker results for the six months ended March 31, 2026, moving from profit to loss as demand softened and financing needs rose. Revenue fell to about $24.5 million, down roughly 16% from about $29.4 million a year earlier, as China’s construction slowdown, global unrest and lower average selling prices hurt sales.

Gross profit dropped to about $2.9 million and margin shrank to 11.77% from 13.90%, while higher interest expense turned prior net interest income into net expense. The period swung from net income of about $0.2 million to a net loss of about $1.1 million, or a basic and diluted loss of $0.08 per share. To fund higher inventories, capital spending and working capital, Huadi increased total borrowings to about $21.6 million, up from about $12.2 million at September 30, 2025, and used more cash in investing activities, mainly for new machinery and construction in progress.

Xiang Jianping reported acquisition or exercise transactions in this Form 4 filing.

Huadi International Group Co., Ltd. reported that its Chief Financial Officer, Xiang Jianping, received a grant of 20,000 Ordinary Shares on April 9, 2026 as part of his compensation. The shares were issued at a stated price of $0.00 per share, reflecting a non-cash equity award. Following this grant, Xiang Jianping directly holds 80,000 Ordinary Shares. According to the underlying employment agreement dated December 8, 2022, he is entitled to 20,000 Ordinary Shares annually as compensation for each calendar year of service as CFO.

Huadi International Group Co., Ltd. disclosed the initial holdings of its Chief Financial Officer, Xiang Jianping, in a Form 3 filing. The filing reports direct ownership of 60,000 Ordinary Shares of the company. This is an initial ownership report rather than a new buy or sell transaction.

Huadi International Group Co., Ltd. director and ten percent owner Wang Jueqin has filed an initial statement of beneficial ownership. The filing reports indirect ownership of 1,664,000 Ordinary Shares of Huadi through Yongqiang Maituo Limited, a British Virgin Islands company.

According to the disclosure, Wang Jueqin is deemed to beneficially own these shares and has sole voting and dispositive power over all shares held by Yongqiang Maituo Limited. This Form 3 establishes his significant equity stake and control over these shares but does not report any recent share purchases or sales.

Huadi International Group Co., Ltd. director Huang Jiancong has filed an initial Form 3, which is a required statement of beneficial ownership for insiders. The filing reports no transactions in the company’s securities and shows no derivative positions disclosed at this time.

Huadi International Group Co., Ltd. reported that Li Songlin has become a Section 16 reporting person as a director of the company. This Form 3 filing establishes his initial insider reporting status with the SEC, but does not list any specific share holdings or recent transactions.

Huadi International Group Co., Ltd. executive Wang Huisen, the Chief Executive Officer of the company trading under ticker HUDI, has filed an initial Form 3 as a reporting person. This filing is an ownership disclosure and does not report any share purchases, sales, or other transactions.