KRW 36.8B share placement approved by Wing Yip Food Holdings (WYHG)

Rhea-AI Filing Summary

Wing Yip Food Holdings Group Limited held its 12th Extraordinary General Meeting on August 6, 2026, where shareholders approved two capital-related resolutions. As of the July 14, 2026 record date, 12,582,732 shares were issued, of which 12,581,166 carried voting rights, and 5,740,816 shares were represented, meeting quorum.

Shareholders first authorized the Board of Directors, under the Articles of Association, to issue and allot new shares, bonds and other securities. They also approved a private placement of 23,000,000 new ordinary shares at KRW 1,600 per share, for total proceeds of KRW 36,800,000,000 (HKD 194,698,693.20). The shares are to be subscribed by three named investors, with payment due August 6, 2026 and issuance expected around September 7, 2026, and will be subject to a one-year lock-up. Proceeds are earmarked across procurement costs, marketing expenses and research and development over 2026, 2027 and thereafter.

Filing Explained

Shareholders approved 23,000,000 new shares against 12,582,732 currently issued; if issued, the share count will increase and existing holders’ percentage ownership will decrease. The filing expects issuance on September 7, 2026, subject to Hong Kong registration and other regulatory filings.

Key Figures

Issued shares as of record date: 12,582,732 shares Voting shares outstanding: 12,581,166 shares Treasury shares: 1,566 shares +8 more

11 metrics

Issued shares as of record date 12,582,732 shares As of record date July 14, 2026

Voting shares outstanding 12,581,166 shares Shares carrying voting rights as of July 14, 2026

Treasury shares 1,566 shares Treasury shares excluded from voting rights

Shares present at EGM 5,740,816 shares Constituted quorum, 45.63% of total voting shares

New shares approved for placement 23,000,000 shares Aggregate new ordinary shares to be issued by private placement

Issue price per new share KRW 1,600 Subscription price in the private placement

Total issue size KRW 36,800,000,000 Aggregate proceeds from private placement

Total issue size (HKD) HKD 194,698,693.20 Hong Kong dollar equivalent of placement proceeds

Procurement costs allocation 14,720 million KRW Working capital procurement costs 2026 onward

Marketing expenses allocation 14,720 million KRW Working capital marketing expenses 2026 onward

R&D allocation 7,360 million KRW Research & development spending from placement proceeds

Key Terms

Extraordinary General Meeting, private placement, treasury shares, lock-up period, +1 more

5 terms

Extraordinary General Meeting regulatory

"convened the 12th Extraordinary General Meeting of the Company"

private placement financial

"approved the issuance of 23,000,000 new ordinary shares by way of 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.

treasury shares financial

"12,581,166 shares carried voting rights (excluding 1,566 treasury shares)"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

lock-up period financial

"will be subject to a lock-up period of one (1) year"

A lock-up period is a fixed time after a stock offering during which company insiders and early investors are legally barred from selling their shares. It matters because when that restriction expires a large block of previously locked-up shares can enter the market at once, potentially lowering the stock price or spiking trading volume—like opening a floodgate—so investors monitor these dates to anticipate price moves and manage risk.

working capital financial

"Working Capital | Procurement Costs | 5,888 million KRW"

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

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

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FAQ

What did Wing Yip Food (WYHG) shareholders approve at the August 6, 2026 EGM?

Shareholders approved two key resolutions: broad authority for the Board to issue new securities and a private placement of 23,000,000 new ordinary shares. Both resolutions passed unanimously among shares voted, representing 45.63% of total voting shares outstanding.

How large is Wing Yip Food (WYHG)’s new share private placement and at what price?

The private placement covers 23,000,000 new ordinary shares at KRW 1,600 per share, for total proceeds of KRW 36,800,000,000 (HKD 194,698,693.20). All shares will be issued on identical terms to three named subscribers.

Who are the subscribers in Wing Yip Food (WYHG)’s private placement?

Three investors will subscribe: Wang Tingfeng for 13,000,000 shares, Wong Sio Chan for 5,000,000 shares, and Zhao Jin Hua for 5,000,000 shares. Together they will take all 23,000,000 new ordinary shares.

How will Wing Yip Food (WYHG) use the KRW 36.8B in proceeds from the placement?

Proceeds of KRW 36,800 million are allocated to working capital: procurement costs (14,720 million KRW), marketing expenses (14,720 million KRW) and research & development (7,360 million KRW) spread across 2026, 2027 and subsequent years.

What are the timing and lock-up terms for Wing Yip Food (WYHG)’s new shares?

Payment for the new shares is due on August 6, 2026, with issuance expected on or about September 7, 2026, subject to Hong Kong registration and regulatory filings. The New Shares will be subject to a one-year lock-up period and delivered via the Korea Securities Depository.

What were Wing Yip Food (WYHG)’s outstanding and voting shares at the record date?

As of July 14, 2026, Wing Yip Food had 12,582,732 issued shares, including 1,566 treasury shares. Shares with voting rights totaled 12,581,166, of which 5,740,816 were present at the Extraordinary General Meeting.

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 August 2026

Commission File Number: 001-42407

Wing Yip Food Holdings Group Limited

No. 9, Guanxian North Rd

Huangpu Town, Zhongshan City

Guangdong, People’s Republic of China 528429

(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 ☐

Results of Extraordinary General Meeting

On August 6, 2026, at 10:00 a.m. at E-room Center, 22 Uisadang-daero, Yeongdeungpo-gu, Seoul, Korea, Wing Yip Food Holdings Group Limited (the “Company”) convened the 12th Extraordinary General Meeting of the Company (the “EGM”). The Company hereby reports the results of the EGM.

As of the record date of July 14, 2026, determined pursuant to Article 128 of the Articles of Association of the Company (the “Articles of Association”), the total number of issued shares was 12,582,732, of which 12,581,166 shares carried voting rights (excluding 1,566 treasury shares). Shareholders holding 5,740,816 shares were present at the EGM, constituting a quorum. The chairman declared the EGM duly convened and proceeded to the consideration of the following resolutions, each of which was duly approved.

The resolutions approved at the EGM and the voting results are summarized below.

Resolution No. 1 — Authorization to the Board of Directors to Issue New Shares, Bonds and Other Securities

The Company proposed that, pursuant to Article 8(b) of the Articles of Association and the circumstances specified therein (including the applicable allottees, where relevant), full authority to issue and allot new shares, bonds and other securities be delegated to the Board of Directors.

This resolution was duly approved by the following vote: 5,740,816 shares voted in favor (representing 45.63% of the total voting shares outstanding and 100.00% of the shares voted), 0 shares voted against and 0 shares abstained.

Resolution No. 2 — Approval of the Private Placement of New Shares

The shareholders approved the issuance of an aggregate of 23,000,000 new ordinary shares (the “New Shares”) by way of private placement to the following subscribers on the following terms:

Subscriber		Number of Shares				Amount (KRW)				Amount (HKD)
WANG TINGFENG			13,000,000				20,800,000,000				110,047,087.46
WONG SIO CHAN			5,000,000				8,000,000,000				42,325,802.87
ZHAO JIN HUA			5,000,000				8,000,000,000				42,325,802.87
Total			23,000,000				36,800,000,000				194,698,693.20

The New Shares will be issued at a price of KRW 1,600 per share for a total issue size of KRW 36,800,000,000 (HKD 194,698,693.20). Payment is due on August 6, 2026, with the New Shares expected to be issued on September 7, 2026, subject to the progress of Hong Kong registration and other regulatory filing procedures. The New Shares will be delivered through the Securities Agency Department of the Korea Securities Depository (KSD) and will be subject to a lock-up period of one (1) year.

The intended use of proceeds is as follows:

Purpose		Description		2026		2027		After 2027		Total
Working Capital		Procurement Costs		5,888 million KRW		5,888 million KRW		2,944 million KRW		14,720 million KRW
Working Capital		Marketing Expenses		5,888 million KRW		5,888 million KRW		2,944 million KRW		14,720 million KRW
Working Capital		Research & Development		2,944 million KRW		2,944 million KRW		1,472 million KRW		7,360 million KRW
Total				14,720 million KRW		14,720 million KRW		7,360 million KRW		36,800 million KRW

This resolution was duly approved by the following vote: 5,740,816 shares voted in favor (representing 45.63% of the total voting shares outstanding and 100.00% of the shares voted), 0 shares voted against and 0 shares abstained.

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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.

	Wing Yip Food Holdings Group Limited
Date: August 6, 2026	By:	/s/ Xiantao Wang
	Name:	Xiantao Wang
	Title:	Director and Chairman of the Board

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