Welcome to our dedicated page for J-Star Holding Co., Ltd. SEC filings (Ticker: YMAT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The J-Star Holding Co., Ltd. (Nasdaq: YMAT) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a foreign private issuer in the specialty chemicals and carbon composites space. J-Star files annual reports on Form 20-F and current reports on Form 6-K, which together outline its financial performance, capital structure, governance decisions, and key operational updates.
In its Form 6-K filings, J-Star furnishes interim condensed consolidated financial statements, including balance sheets, statements of comprehensive income, and details on operating revenue, cost of revenue, gross profit, operating expenses, non-operating items, and profit after income tax. These filings also present information on cash and cash equivalents, short-term and long-term loans, accounts receivable, inventories, and equity attributable to owners of the parent.
Beyond financial data, J-Star uses Form 6-K to report corporate actions and governance matters, such as the adoption of a dual class share structure, changes in authorized share capital, results of shareholder votes at general meetings, and the use of home country corporate governance practices under Nasdaq’s foreign private issuer rules. The company also discloses Nasdaq listing communications, including notices related to minimum bid price requirements and associated compliance periods.
Stock Titan enhances these filings with AI-powered tools that summarize lengthy documents like the 20-F and 6-K exhibits, highlight important changes in revenue, expenses, and equity, and help users quickly identify items related to governance, capital structure, and listing status. Users interested in YMAT can review J-Star’s filed financial statements, shareholder meeting materials, and Nasdaq correspondence to better understand the company’s carbon reinforcement and resin systems business, its risk profile, and its obligations as a Nasdaq-listed issuer.
J-Star Holding Co., Ltd. (YMAT) has filed a Form F-3 shelf registration to offer, from time to time after effectiveness, up to $150,000,000 of Class A ordinary shares, debt securities, warrants, rights and units, individually or in combination. The Class A ordinary shares are listed on the Nasdaq Capital Market under the symbol YMAT.
J-Star is a Cayman holding company whose operating subsidiaries in Taiwan, Hong Kong and Samoa develop and sell carbon-composite products, mainly structural parts for electric and sports bicycles, rackets, auto and healthcare components. Revenue was $23.8 million, $17.6 million and $9.9 million for 2023, 2024 and 2025, respectively, with bicycle parts contributing a majority of sales historically. The group has disposed of 80.5% of two former PRC manufacturing subsidiaries and is shifting toward outsourced production and planned U.S.-based, automation-driven facilities while retaining limited-scale PRC entities for trading. The prospectus highlights extensive regulatory risks tied to evolving PRC oversight of overseas listings, cybersecurity and data laws, as well as potential trading prohibitions under the Holding Foreign Companies Accountable Act if PCAOB inspections were to be restricted again.
J-Star Holding Co., Ltd. reports that Nasdaq has determined the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The decision followed a July 21, 2026 hearing at which management presented its strategic business plan.
Nasdaq’s Listing Qualifications Staff confirmed on July 28, 2026 that J-Star’s ordinary shares maintained a closing bid price of at least $1.00 per share for 10 consecutive trading sessions. J-Star remains listed on The Nasdaq Capital Market under ticker “YMAT” and is in compliance with all applicable Nasdaq continued listing requirements, but is subject to a Mandatory Panel Monitor through July 30, 2027, during which any future Nasdaq Listing Rule violation would lead directly to a delist determination without an additional grace period.
J-Star Holding Co., Ltd. will implement a 1-for-5 share consolidation of its Class A and Class B ordinary shares, effective July 10, 2026. From that date, Class A shares will trade on the Nasdaq Capital Market on a post-consolidation basis under the same symbol, YMAT, but with a new CUSIP.
The company states that the goal of this share consolidation is to help regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing. Every five shares with par value US$0.50 will be converted into one share with par value US$2.50. Fractional shares will not be issued; instead, any fractional amounts will be rounded up to the next whole share.
The consolidation will affect all shareholders uniformly and is not expected to change individual ownership percentages, other than minor effects from rounding. J-Star’s board of directors approved the action on May 8, 2026, and shareholders approved it on June 8, 2026.
J-Star Holding Co., Ltd. reported that it received a Nasdaq Staff Delisting Determination Letter on June 12, 2026 for failing to meet the $1.00 per share minimum bid price required under Nasdaq Listing Rule 5550(a)(2).
The company plans to request an oral hearing before the Nasdaq Hearings Panel under Listing Rule 5815. This request will stay any suspension of trading or delisting action while the Panel reviews the case, so J-Star’s Class A ordinary shares are expected to continue trading on the Nasdaq Capital Market under the symbol “YMAT” during the process. J-Star intends to submit a compliance plan but cautions there is no assurance of continued listing.
J-Star Holding Co., Ltd. reported that shareholders approved all six proposals at the 2026 Annual Meeting. Investors reappointed WWC, P.C. as auditor and re-elected all nominated directors. They also approved a significant share consolidation that raises the par value of both share classes to US$2.50 while reducing the number of issued shares, along with a large increase in authorized capital to US$300 million split evenly between Class A and Class B shares. Shareholders adopted a new Sixth Amended and Restated Memorandum and Articles of Association tied to these changes and authorized potential adjournment of the meeting if needed. The company reaffirmed its U.S. advanced manufacturing strategy, highlighting a proposed 100 MWh solid-state battery facility in Baytown, Texas, a US$60 million sovereign-backed financing framework authorization, and a U.S. Department of Energy grant application currently under federal review.
J-Star Holding Co., Ltd. reports that its subsidiary YMA Corporation has received formal authorization from the Central Bank of Taiwan to initiate a sovereign-backed financing framework for its U.S. expansion. The company plans to apply, via a designated Taiwan bank, for a $60 million U.S. dollar loan facility.
The loan is intended to help fund construction of a 100MWh solid-state battery manufacturing line in Baytown, Texas, operated by YMA(TX) INC. The planned facility represents a projected infrastructure investment of about US$122.5 million and is aimed at serving aerospace, commercial drone, and electric vehicle markets within the North American advanced energy supply chain.
J-Star Holding Co., Ltd. approved converting a US$8.2 million shareholder loan into equity. The loan from a family member of CEO and director Jing-Bin Chiang will be exchanged for Class A ordinary shares at a conversion price of US$4.00 per share.
The company expects to issue 2,050,000 new Class A ordinary shares, which the lender directed be held directly by Mr. Chiang. After the conversion, Mr. Chiang will hold 2,050,000 Class A ordinary shares and 6,097,183 Class B ordinary shares, giving him approximately 81.88% of the total voting power.
J-Star Holding Co., Ltd. signed a non-binding memorandum of understanding with Singapore-based White Group to help raise a proposed $100 million for its planned automated solid-state battery production facility in Baytown, Texas.
The initiative supports development of a 100 megawatt-hour solid-state battery production line targeting unmanned aerial vehicle and drone markets, building on J-Star’s strategic partnership with PSSB and a jointly submitted U.S. Department of Energy grant application. Expected financing would fund construction, automation, technology transfer, workforce training and technical milestones needed for federal funding and customer qualification.
J-Star Holding Co., Ltd. has called its annual general meeting for June 8, 2026, asking shareholders to approve auditor reappointment, director re-elections, a share consolidation, a large increase in authorized capital, and updated governing documents.
The proposed share consolidation would convert 13,953,333 issued Class A Ordinary Shares at US$0.50 par into approximately 2,790,667 Class A shares at US$2.50, and 6,097,183 issued Class B shares into approximately 1,219,437 Class B shares, with similar changes to authorized but unissued shares. This is intended to help regain compliance with Nasdaq’s US$1.00 minimum bid price rule.
Following consolidation, authorized capital would change from US$65,000,000 (6,000,000 Class A and 20,000,000 Class B shares at US$2.50) to US$300,000,000 split into 60,000,000 Class A and 60,000,000 Class B shares at the same par value, alongside adoption of a Sixth Amended and Restated Memorandum and Articles of Association.
J-Star Holding Co., Ltd. announced a strategic partnership with Patriot Green Energy Technology to develop Made-in-USA, polymer-based solid-state battery solutions for high-performance and defense applications. The plan centers on a 100 megawatt-hour modular, automated production line in Baytown, Texas focused on UAV and drone markets.
The partners have jointly applied for a U.S. Department of Energy grant and obtained a commitment letter securing land in the TGS Cedar Port Industrial Park. The project targets the $50B+ dual-use UAS battery market and aims for 100 MWh annual capacity with around 350 Wh/kg cell-level energy density, backed by ITRI-supported technology and U.S. manufacturing capabilities.