TOYO Files VSUN Trademark Purchase and License Agreements; Press Release Attached

Rhea-AI Filing Summary

TOYO Co., Ltd. submitted a report attaching trademark agreements and a press release related to the VSUN brand. The filing lists Trademark Purchase Agreements dated September 4, 2025 between the company and Vietnam Sunergy Europe GmbH, and between Toyo Solar Company Limited and Vietnam Sunergy Joint Stock Company. It also lists Trademark License Agreements dated September 12, 2025 between the same parties, plus a press release dated September 4, 2025 titled "TOYO Co., Ltd. Acquires VSUN Brand to Drive Strategic Growth." The filing notes that schedules and annexes have been omitted and provides an officer signature.

No purchase price, financial terms, or detailed schedules are included in the text provided.

Positive

• Executed trademark purchase agreements dated September 4, 2025 indicate concrete steps toward acquiring the VSUN brand
• Trademark license agreements dated September 12, 2025 establish a framework for brand use post-acquisition
• Press release explicitly announces the acquisition, providing a public communication of corporate intent

Negative

• Missing purchase price and financial terms; no consideration or payment details are disclosed in the provided text
• Schedules and annexes omitted, so material contractual provisions and transfer mechanics are not available
• No quantitative impact disclosed on revenues, assets, or liabilities in this filing

Insights

Corporate Transactions Counsel

Agreements executed for trademark purchase and licensing; key terms are not shown.

The filing lists executed Trademark Purchase Agreements dated September 4, 2025 and Trademark License Agreements dated September 12, 2025 with Vietnam Sunergy entities, indicating contract documentation exists for the VSUN brand transfer and subsequent licensing.

Material contractual terms such as consideration, transfer mechanics, and included assets are not present because schedules and annexes are omitted; those omitted exhibits will determine legal scope and investor impact. Monitor subsequent filings or released annexes for price and exclusivity/territory clauses to assess balance-sheet and revenue effects within the next reporting cycle.

Brand Strategy Analyst

Documented brand acquisition and licensing signal a strategic IP move; disclosure is currently incomplete.

The attachment list includes a press release titled "TOYO Co., Ltd. Acquires VSUN Brand" dated September 4, 2025, plus purchase and license agreements, which together show intent to control and commercially use the VSUN trademark.

Without financial or operational details in the filing, the near-term commercial impact is indeterminate. Watch for published terms and any integration plans or license revenue schedules in future disclosures to evaluate revenue or margin implications over the next several quarters.

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 2025

Commission File Number: 001-42153

TOYO Co., Ltd

Tennoz First Tower, F16

2-2-4, Higashi-Shinagawa, Shinagawa-ku

Tokyo, Japan 140-0002

(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 ☐

TRADEMARK ACQUISITION AND LICENSE

On September 4, 2025, each of TOYO Co., Ltd, a Cayman Islands exempted company (the “Company”) and Toyo Solar Company Limited, a Vietnamese company and wholly-owned subsidiary of the Company (“TOYO Solar” and, together with the Company, the “TOYO Group”), entered into a trademark purchase agreement (each, a “Trademark Purchase Agreement”) with Vietnam Sunergy Europe GmbH, a German company and subsidiary of VSUN (as defined below) (“VSUN Europe”), and Vietnam Sunergy Joint Stock Company (“VSUN” and, together with VSUN Europe, “VSUN Group”), a Vietnamese company and our affiliate and a majority-owned subsidiary of Fuji Solar Co., Ltd, a Japanese company. Pursuant to the Trademark Purchase Agreements, VSUN Group agreed to sell to the TOYO Group its “VSUN” trademarks (the “Subject Trademarks”) registered in 12 jurisdictions, including but limited to, the United States, Canada, Vietnam and Europe, for a total purchase price of $340,000 (such transaction, the “Trademark Acquisition”).

In connection with and upon the completion of the Trademark Acquisition, on September 12, 2025, each of the Company and TOYO Solar entered into a trademark license agreement with VSUN (each, a “Trademark License Agreement”), pursuant to which the TOYO Group agreed to grant to VSUN a license for VSUN and its subsidiaries and affiliates to use the Subject Trademarks for one (1) year in connection with VSUN’s business purposes, including but not limited to, the manufacturing, promotion, advertising, distribution and sales (the “Trademark License”).

Copies of the Trademark Purchase Agreements and the Trademark License Agreements are being furnished as Exhibits 99.1, 99.2, 99.3 and 99.4 with this Report on Form 6-K. The foregoing descriptions of the Trademark Purchase Agreements and the Trademark License Agreements do not purport to be complete and are subject to, and are qualified in their entirety by, the full text of the Trademark Purchase Agreements and the Trademark License Agreements.

On September 4, 2025, the Company issued a press release to announce the Trademark Acquisition, a copy of which is being furnished as Exhibit 99.5 with this Report on Form 6-K.

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INCORPORATION BY REFERENCE

This Report on Form 6-K is hereby incorporated by reference in the Company’s registration statement on Form S-8 (File No. 333-284642) to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBIT INDEX

Exhibit No.		Description
99.1*		Trademark Purchase Agreement dated September 4, 2025, by and between the Company and Vietnam Sunergy Europe GmbH
99.2*		Trademark Purchase Agreement dated September 4, 2025, by and between Toyo Solar Company Limited and Vietnam Sunergy Joint Stock Company
99.3*		Trademark License Agreement dated September 12, 2025, by and between the Company and Vietnam Sunergy Joint Stock Company
99.4*		Trademark License Agreement dated September 12, 2025, by and between Toyo Solar Company Limited and Vietnam Sunergy Joint Stock Company
99.5		Press release dated September 4, 2025 – TOYO Co., Ltd. Acquires VSUN Brand to Drive Strategic Growth

* Schedules and annexes have been omitted.

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Signature

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.

	TOYO Co., Ltd
	By:	/s/ Junsei Ryu
	Name:	Junsei Ryu
	Title:	Director and Chief Executive Officer

Date: September 15, 2025

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FAQ

What agreements did TOYO (TOYWF) file regarding VSUN?

TOYO filed Trademark Purchase Agreements dated September 4, 2025 and Trademark License Agreements dated September 12, 2025 with Vietnam Sunergy entities.

Does the filing state the purchase price for the VSUN brand (TOYWF)?

No. The provided filing does not disclose any purchase price or financial terms.

Which counterparties are named in the trademark agreements (TOYWF)?

Counterparties listed include Vietnam Sunergy Europe GmbH and Vietnam Sunergy Joint Stock Company, plus Toyo Solar Company Limited as a party to some agreements.

Is there a public announcement about the acquisition from TOYO (TOYWF)?

Yes. The report lists a press release dated September 4, 2025 titled "TOYO Co., Ltd. Acquires VSUN Brand to Drive Strategic Growth."

Are the full agreement exhibits available in this filing for TOYWF?

No. The filing notes that schedules and annexes have been omitted from the submitted exhibits.