STOCK TITAN

Masonglory agrees to $1M private share sale

Net proceeds are intended to fund further Target equity purchases, while the size and consideration for any additional stake remain under negotiation.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Masonglory Ltd (MSGY) agreed to sell 667,000 Class A ordinary shares in a private placement at US$1.50 per share, for aggregate gross proceeds of US$1,000,500 before offering expenses. The company expects to complete the closing as soon as practicable, subject to customary closing conditions. At closing, each of the four purchasers will also receive, for no additional consideration, a Series A warrant for up to 166,750 shares at US$1.30 per share and a Series B warrant for up to 166,750 shares at US$1.10 per share. Both warrant series are exercisable from issuance and have a two-year term from issuance.

Masonglory intends to use net proceeds to fund continued acquisition of equity interests in Beta Beteiligungs und Besitz GmbH. A share swap agreement entered into on August 12, 2026 is for the acquisition of a 20% equity interest; the percentage and consideration for any additional interest remain under negotiation, and no definitive agreement has been entered into. The shares and warrants will be issued in an offshore transaction without Securities Act registration and will constitute restricted securities.

Filing Explained

The filing adds that the four purchasers are unaffiliated with Masonglory and, immediately after the planned closing, no individual purchaser will hold 5% or more of its voting power; this sets a disclosed ceiling on each buyer’s post-closing voting stake, while closing remains subject to customary conditions.

Class A ordinary shares in private placement 667,000 shares Shares the purchasers agreed to buy
Purchase price US$1.50 per share Private placement price
Aggregate gross proceeds US$1,000,500 Before deducting offering expenses
Series A warrant Up to 166,750 shares per purchaser Exercise price: US$1.30 per share
Series B warrant Up to 166,750 shares per purchaser Exercise price: US$1.10 per share
Warrant term Two years From the date of issuance
Target equity interest 20% Interest covered by the share swap agreement entered into on August 12, 2026
private placement financial
"in a private placement (the “Private Placement”)"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Series A warrant financial
"a Series A warrant to purchase up to 166,750 Class A Ordinary Shares"
A Series A warrant is a contract issued alongside a company’s early funding round that gives the holder the right to buy a set number of shares later at a fixed price. Think of it like a coupon that lets an investor purchase stock at today’s agreed price even if the company’s value rises; it can boost potential upside for the warrant holder and create dilution for existing shareholders, so investors watch them when assessing ownership and future share value.
Series B warrant financial
"a Series B warrant to purchase up to 166,750 Class A Ordinary Shares"
A Series B warrant is a tradable right issued alongside a Series B funding round that lets its holder buy a specified number of company shares at a fixed price for a set period. It matters to investors because exercising the warrant increases the total shares outstanding (dilution) and can be a cheap way to gain ownership if the company’s value rises — think of it like a coupon to buy stock later at today’s price.
restricted securities regulatory
"will constitute “restricted securities”"
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
share swap agreement financial
"entered into a share swap agreement to acquire a 20% equity interest"
A share swap agreement is a contract where one group of shareholders exchanges their shares in a company for shares in another company or in a combined entity, often used during mergers, acquisitions, or restructurings. It matters to investors because it changes who owns and controls companies and can affect the value, voting power, and future profits for shareholders — like trading collectible cards that change which team you belong to and what those cards are worth.

FAQ

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

How much is MSGY raising in the private placement?

Masonglory agreed to sell 667,000 Class A ordinary shares at US$1.50 per share, for aggregate gross proceeds of US$1,000,500 before offering expenses. The company expects closing as soon as practicable, subject to customary closing conditions.

What are the terms of MSGY's warrants?

At closing, each purchaser will receive, for no additional consideration, a Series A warrant for up to 166,750 shares at US$1.30 per share and a Series B warrant for up to 166,750 shares at US$1.10 per share. Both are exercisable from issuance and have a two-year term from issuance.

What stake is MSGY acquiring in Beta Beteiligungs und Besitz GmbH?

Masonglory entered into a share swap agreement on August 12, 2026 to acquire a 20% equity interest in the Target. The percentage and consideration for any additional equity interests remain under negotiation, and no definitive agreement for that additional acquisition has been entered into.

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

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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 September, 2026

 

Commission File Number: 001-42728

 

Masonglory Limited

(Registrant’s Name)

 

Room 8, 25/F, CRE Centre

889 Cheung Sha Wan

Kowloon, Hong Kong

(Address of Principal Executive Offices)

 

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

 

Form 20-F ☒               Form 40-F ☐

 

 

 

 

 

 

When used in this Form 6-K, unless otherwise indicated, the terms “the Company,” “Masonglory,” “we,” “us” and “our” refer to Masonglory Limited and its subsidiaries.

 

Entry into a Material Definitive Agreement.

 

On September 25, 2026, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with four investors (collectively, the “Purchasers”), pursuant to which the Purchasers agreed to purchase from the Company, in a private placement (the “Private Placement”), an aggregate of 667,000 Class A ordinary shares of the Company, par value US$0.0008 each (the “Class A Ordinary Shares”), at a purchase price of US$1.50 per share, for aggregate gross proceeds to the Company of US$1,000,500, before deducting offering expenses.

 

In addition, for no additional consideration, each Purchaser will receive at the closing of the Private Placement (i) a Series A warrant to purchase up to 166,750 Class A Ordinary Shares at an exercise price of US$1.30 per share (collectively, the “Series A Warrants”) and (ii) a Series B warrant to purchase up to 166,750 Class A Ordinary Shares at an exercise price of US$1.10 per share (collectively, the “Series B Warrants”, and together with the Series A Warrants, the “Warrants”). The Warrants are exercisable from the date of issuance and have a term of two years from the date of issuance.

 

The Company expects to complete the closing of the transactions contemplated by the Securities Purchase Agreement as soon as practicable, subject to the satisfaction of customary closing conditions, and to issue the Class A Ordinary Shares and the Warrants to the Purchasers at the closing.

 

The Company intends to use the net proceeds from the Private Placement to fund the continued acquisition of equity interests in Beta Beteiligungs und Besitz GmbH, a private limited liability company organized under the laws of the Republic of Austria (the “Target”). As previously reported in the Company’s Report of Foreign Private Issuer on Form 6-K furnished to the Securities and Exchange Commission (the “SEC”) on August 13, 2026, on August 12, 2026, the Company entered into a share swap agreement to acquire a 20% equity interest in the Target. The specific percentage of additional equity interests in the Target to be acquired and the consideration therefor are still under negotiation between the Company and the Target, and no definitive agreement in respect thereof has been entered into as of the date of this report.

 

The Class A Ordinary Shares to be issued in the Private Placement, the Warrants and the Class A Ordinary Shares issuable upon exercise of the Warrants have been and will be issued and sold in an offshore transaction without registration under the Securities Act of 1933, as amended (the “Securities Act”), in reliance on the exemptions from the registration requirements of the Securities Act, and will constitute “restricted securities” that may not be offered, sold, pledged or otherwise transferred except in accordance with applicable transfer restrictions. Each Purchaser has represented to the Company that it is not affiliated with the Company or any of its directors or officers, and immediately following the closing of the Private Placement, no Purchaser will hold five percent (5%) or more of the aggregate voting power of the Company.

 

The foregoing description of the Securities Purchase Agreement and the Warrants does not purport to be complete and is qualified in its entirety by reference to the full text of the Securities Purchase Agreement and the forms of the Warrants.

 

On September 28, 2026, the Company issued a press release announcing the transactions contemplated by the Securities Purchase Agreement. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 6-K.

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.

  Description
99.1   Press Release, dated September 28, 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.

 

    Masonglory Limited
                                     
Date: September 28, 2026 By: /s/ Jinyu XIE                                      
    Name: Jinyu XIE
    Title: Chief Executive Officer, Co-chairman of the Board and Director

 

2

 

 

 

Exhibit 99.1

 

Masonglory Limited Announces US$1.0 Million Private Placement to Fund Continued

Acquisition of Equity Interests in Beta Beteiligungs und Besitz GmbH

 

HONG KONG, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Masonglory Limited (the “Company”) (Nasdaq: MSGY), a subcontractor providing wet trades services and other ancillary services in Hong Kong, today announced that on September 25, 2026, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with four investors (collectively, the “Purchasers”), pursuant to which the Purchasers agreed to purchase from the Company, in a private placement (the “Private Placement”), an aggregate of 667,000 Class A ordinary shares of the Company, par value US$0.0008 each (the “Class A Ordinary Shares”), at a purchase price of US$1.50 per share, for aggregate gross proceeds to the Company of approximately US$1.0 million (US$1,000,500), before deducting offering expenses.

 

In addition, for no additional consideration, each Purchaser will receive at the closing of the Private Placement a Series A warrant to purchase up to 166,750 Class A Ordinary Shares at an exercise price of US$1.30 per share and a Series B warrant to purchase up to 166,750 Class A Ordinary Shares at an exercise price of US$1.10 per share (collectively, the “Warrants”). The Warrants are exercisable from the date of issuance and have a term of two years from the date of issuance.

 

The Company expects to complete the closing of the transactions contemplated by the Securities Purchase Agreement as soon as practicable, subject to the satisfaction of customary closing conditions, and to issue the Class A Ordinary Shares and the Warrants to the Purchasers at the closing.

 

The Company intends to use the net proceeds from the Private Placement to fund the continued acquisition of equity interests in Beta Beteiligungs und Besitz GmbH, a private limited liability company organized under the laws of the Republic of Austria (the “Target”), which is engaged in the trading and distribution of construction materials, principally bathtubs, hot tubs and swim spas, in Continental Europe. As previously announced on August 13, 2026, the Company entered into a share swap agreement on August 12, 2026 to acquire a 20% equity interest in the Target. The specific percentage of additional equity interests in the Target to be acquired and the consideration therefor are still under negotiation between the Company and the Target, and no definitive agreement in respect thereof has been entered into as of the date of this press release. The Company will make further announcement(s) in respect of the foregoing as and when appropriate.

 

The Class A Ordinary Shares to be issued in the Private Placement, the Warrants and the Class A Ordinary Shares issuable upon exercise of the Warrants have been and will be issued and sold in an offshore transaction without registration under the Securities Act of 1933, as amended, in reliance on applicable exemptions from registration, and will constitute “restricted securities”. Each Purchaser has represented to the Company that it is not affiliated with the Company or any of its directors or officers. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About Masonglory Limited

 

Founded in 2018 in Hong Kong, Masonglory Limited is a subcontractor providing wet trades services and other ancillary services to property developers and Hong Kong government. As a registered specialist trade contractor (plastering-group 2) since 2020, the Company provides customers with comprehensive wet trades works solutions, which principally include: (i) plastering on floors, ceilings, and walls; (ii) tile laying on internal and external walls and floors; (iii) brick laying; (iv) floor screeding; and (v) marble works. For more information, please visit: https://www.masontech.com.hk/; https://ir.masontech.com.hk/

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

 

For more information, please contact:

 

Masonglory Limited

 

Investor Relations Department

 

Email: services@wealthfsllc.com

Filing Exhibits & Attachments

1 document

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