Luda Technology buys 4% INERI stake for $1.2M

Luda Technology Group Limited reported signing a Sale and Purchase Agreement to acquire 4% of the issued and outstanding shares of Hong Kong International New Economic Research Institute Limited (INERI) for a cash consideration of US$1.2 million.

Rhea-AI Filing Summary

Luda Technology Group Limited reported signing a Sale and Purchase Agreement to acquire 4% of the issued and outstanding shares of Hong Kong International New Economic Research Institute Limited (INERI) for a cash consideration of US$1.2 million.

INERI, founded in Hong Kong in 2019, focuses on blockchain consulting, development and maintenance, with particular emphasis on tokenization of real world assets. Luda describes the stake as a strategic equity investment that supports its diversification and exploration of emerging technologies.

Management stated they will assess ways to integrate blockchain capabilities into Luda’s trading platform to improve speed, cost efficiency and operational effectiveness, aiming to enhance value for customers and stakeholders while maintaining their core steel flanges and fittings manufacturing and trading business.

Insights

Equity capital markets analyst

Luda makes a small strategic blockchain investment to support potential platform upgrades.

Luda Technology is committing US$1.2 million for a 4% equity stake in INERI, a Hong Kong blockchain services firm specializing in tokenization of real world assets. This is framed as a strategic move rather than a financial control transaction.

The company links this investment to possible integration of blockchain into its trading platform to improve speed and cost efficiency. Execution depends on successful technical integration and practical use cases within its steel trading workflows, areas not detailed here.

Given the modest size and minority nature of the stake, this looks like an exploratory step into blockchain-enabled services. Future disclosures in company filings may clarify any concrete platform changes or revenue impacts if the collaboration deepens.

Key Figures

INERI stake acquired: 4% of issued and outstanding shares Cash consideration: US$1.2 million Form type: Form 6-K +2 more

5 metrics

INERI stake acquired 4% of issued and outstanding shares Strategic equity interest under Sale and Purchase Agreement

Cash consideration US$1.2 million Purchase price for 4% INERI stake

Form type Form 6-K Foreign private issuer report for May 2026

INERI incorporation year 2019 Year INERI was incorporated in Hong Kong

Luda operation history Over 20 years Duration of Luda’s manufacturing and trading operations

Key Terms

Sale and Purchase Agreement, strategic equity interest, tokenization of real world assets, forward-looking statements, +2 more

6 terms

Sale and Purchase Agreement financial

"announced today the execution of a Sale and Purchase Agreement (the “SPA”)"

A sale and purchase agreement is a binding written contract that sets out the exact terms under which one party sells and another buys assets or a business, much like the detailed receipt and instructions you get when buying a house. It matters to investors because it defines the price, what is included, payment timing, and any promises or protections — all of which determine future cash flows, risk, and the value of the companies involved.

strategic equity interest financial

"to acquire a strategic equity interest in Hong Kong International New Economic Research Institute"

tokenization of real world assets financial

"a pioneer specializing in the tokenization of real world assets (the “RWAs”)"

forward-looking statements regulatory

"Certain statements contained in this press release about future expectations, plans and prospects... may constitute “forward-looking statements”"

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.

Private Securities Litigation Reform Act of 1995 regulatory

"within the meaning of the Private Securities Litigation Reform Act of 1995"

Risk Factors regulatory

"and other factors discussed in the “Risk Factors” section of the preliminary prospectus"

Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Luda Technology (LUD) announce in this 6-K?

Luda Technology announced it acquired a 4% equity stake in Hong Kong International New Economic Research Institute Limited (INERI) for US$1.2 million in cash. The company describes this as a strategic investment in blockchain-related services to support its longer-term growth and technology initiatives.

How much did Luda Technology (LUD) pay for its stake in INERI?

Luda Technology paid a total cash consideration of US$1.2 million to acquire 4% of INERI’s issued and outstanding shares. Management presents this outlay as a strategic investment aimed at accessing blockchain expertise rather than a large-scale acquisition of control.

What does INERI do and why is it relevant to Luda Technology (LUD)?

INERI is a Hong Kong company, incorporated in 2019, that provides blockchain industry consulting, development and maintenance services, including tokenization of real world assets. Luda believes this expertise can support exploring blockchain-based enhancements to its trading platform and broader diversification into emerging technologies.

How does this INERI investment fit Luda Technology’s (LUD) strategy?

Luda links the INERI investment to its strategy of exploring emerging technologies and diversifying growth. Management specifically notes plans to evaluate integrating blockchain into its trading platform to improve speed, cost efficiency and operational effectiveness, complementing its established steel manufacturing and trading operations.

Does Luda Technology (LUD) gain control of INERI through this deal?

Luda Technology acquires 4% of INERI’s issued and outstanding shares, which represents a minority, non-controlling stake. The company characterizes the position as a strategic equity interest aimed at collaboration and technology exploration, rather than a full acquisition or change-of-control transaction.

What potential benefits does Luda Technology (LUD) see from blockchain integration?

Management highlights potential blockchain integration into Luda’s trading platform to enhance transaction speed, reduce costs and improve operational effectiveness. They suggest these improvements could ultimately deliver greater value to customers and stakeholders, although specific implementation details or timelines are not provided in this disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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

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Accepted by SEC EDGAR 05/28/2026 - 09:02 AM EDT Learn about SEC filing dates

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-42289

Luda Technology Group Limited

Rooms 1604-1605, 16/F, YF Life Centre

38 Gloucester Road, Wanchai

Hong Kong

(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 ☐

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

Press Release

On May 28, 2026, Luda Technology Group Limited (the “Company”) issued a press release, a copy of which is filed as Exhibit 99.1 hereto and incorporated herein by reference, announcing the acquisition of 4% of shares of Hong Kong International New Economic Research Institute Limited for a cash consideration of $1.2 million.

Exhibit Index

Exhibit No.		Description
99.1		Press Release dated May 28, 2026

1

SIGNATURES

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

	Luda Technology Group Limited
	By:	/s/ Ma Biu
	Name:	Ma Biu
	Title:	Chief Executive Officer
Date: May 28, 2026

2

Exhibit 99.1

Luda Technology Group Limited Announces Acquisition of 4% of Shares of INERI for Cash Consideration of $1.2 Million

Hong Kong, May 28, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today the execution of a Sale and Purchase Agreement (the “SPA”) to acquire a strategic equity interest in Hong Kong International New Economic Research Institute Limited (the “INERI”).

Under the SPA, Luda Technology acquired 4% of INERI’s issued and outstanding shares for a total cash consideration of US$1.2 million. This investment underscores Luda Technology’s commitment to exploring emerging technologies and diversifying its growth strategy.

About INERI

INERI was incorporated in Hong Kong in 2019 and provides comprehensive blockchain industry consulting, development and maintenance services. With extensive early-stage experiences in blockchain-enabled industries, INERI is a pioneer specializing in the tokenization of real world assets (the “RWAs”). For further information, please visit INERI’s official website: https://www.ineri.net/EN.

Management Commentary

Mr. MA Biu, the Chief Executive Officer of Luda Technology, commented: “We believe the rapid expansion of the blockchain industry presents compelling opportunities for long-term value creation. Beyond the financial merits of this investment, we will evaluate the potential to integrate blockchain technology into our trading platform, enabling greater speed, cost efficiency, and operational effectiveness. Ultimately, this will allow us to deliver enhanced value to our customers and stakeholders worldwide.”

About Luda Technology Group Limited

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda Development Limited, which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company’s business expanded further upstream when Luda (Taian) Industrial Company Limited was set up to commence the manufacturing of flanges and fittings with self-owned factory in China. We have established an operation history of over 20 years. We are principally engaged in (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products, and (ii) trading of steel pipes, valves, and other steel tubing products. We are headquartered in Hong Kong with manufacturing base in Taian City, Shandong Province of the PRC. Our sales network comprises customers from China, South America, Australia, Europe, Asia (excluding China) and North America and our customers comprise manufacturers and traders from the chemical, petrochemical, maritime and manufacturing industries. For more information, please visit https://www.ludahk.com/en.

Forward-looking Statements

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Luda Technology Group Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For media inquiries, please contact:

Luda Technology Group Limited – Investor Relations

Andrew Barwicki Inc.
Andrew J Barwicki
Email: andrew@barwicki.com
Phone: +1 516-662-9461
Website: https://ir.ludahk.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE DATED MAY 28, 2026 10.9 KB