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: 001-42767
J-Star
Holding Co., Ltd.
(Registrant’s
Name)
7/F-1,
No. 633, Sec. 2, Taiwan Blvd.,
Xitun
District, Taichung City 407,
Taiwan
(R.O.C.)
(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.
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
On
May 26, 2026, J-Star Holding Co., Ltd. (the “Company”) issued a press release announcing “J-Star Holding Subsidiary
Receives Central Bank of Taiwan Authorization to initiate $60 Million Sovereign-Backed Financing Framework through designated
banks for proposed U.S. Solid-State Battery Expansion ($122.5 Million Project)”. This press release is furnished
herewith as Exhibit 99.1.
Exhibits.
The
following exhibits are being filed herewith:
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release, dated May 26, 2026. |
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.
| |
J-Star
Holding Co., Ltd. |
| |
|
| |
By: |
/s/
Jing-Bin Chiang |
| |
Name: |
Jing-Bin
Chiang |
| |
Title: |
Chief
Executive Officer |
| |
|
|
| Date:
May 26, 2026 |
|
|
Exhibit
99.1
J-Star
Holding Subsidiary Receives Central Bank of Taiwan Authorization to initiate $60 Million Sovereign-Backed Financing Framework
through designated banks for U.S. Solid-State Battery Expansion ($122.5 Million Project)
Funding
framework supports development of a US$122.5 million advanced battery manufacturing facility in Baytown, Texas under YMA(TX) INC.
Taichung
City, Taiwan – May 26, 2026 -- J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), today
announced that its subsidiary YMA Corporation has received formal authorization from the Central Bank of Taiwan to initiate
under the Sovereign-Backed financing framework for the Company’s strategic U.S. infrastructure expansion initiative
under YMA(TX) INC.
Pursuant
to the formal authorization from Central Bank of Taiwan, the Company is preparing to select a designated domestic banking institution to proceed
with the formal application process for a $60 million U.S. dollar loan facility. The financing is intended to support the
development of a 100MWh solid-state battery (“SSB”) manufacturing line in Baytown, Texas, within the Greater Houston
industrial corridor.
The
planned manufacturing facility will operate under YMA(TX) INC. and represents a total projected infrastructure investment of approximately
US$122.5 million.
Project
Overview
| ● | Project
Anchor: Construction and deployment of a 100MWh solid-state battery manufacturing line in
Baytown, Houston, Texas |
| ● | Operating
Entity: YMA(TX) INC. |
| ● | Total
Facility Value: US$122,500,000 |
| ● | Central
Bank Financing Allocation: US$60,000,000 |
| ● | Financing
Structure: U.S. currency loan facility authorized under Central Bank of Taiwan regulatory
guidelines for strategic overseas infrastructure investment and advanced manufacturing expansion |
Under the administrative framework
outlined by the Central Bank of Taiwan, the Company’s selected domestic designated bank will initiate the formal
submission process., to Central Bank of Taiwan for the U.S. currency loan release and subsequent cross-border remittance to YMA(TX)
INC.
“Receiving
formal authorization with respect to this financing framework marks an important milestone in executing our long-term U.S.
expansion strategy,” said Jonathan Chiang, CEO and Chairman of J-Star Holding. “The planned Baytown facility is designed
to establish a highly automated solid-state battery manufacturing platform capable of supporting critical domestic sourcing initiatives
across aerospace, commercial drone, and electric vehicle markets. We believe this project positions YMA(TX) INC. to become an important
part of a resilient North American advanced energy supply chain while reinforcing our commitment to scalable, high-tech manufacturing
infrastructure in the United States.”
The
Company’s management team is currently finalizing bank selection criteria and coordinating with financial and regulatory stakeholders
to advance the financing process. J-Star expects to continue providing material updates through future SEC filings and Nasdaq disclosures
as additional milestones are achieved.
About
J-Star
J-Star
Holding Co., Ltd. (NASDAQ: YMAT) is a holding company with operations conducted through subsidiaries in Taiwan, Hong Kong, and Samoa
with its headquarters in Taiwan. J-Star’s predecessor group was established in 1970, and has accumulated over 50 years of know-how
in material composites industry. J-Star develops and commercializes the technology on carbon reinforcement and resin systems. With decades
of experience and knowledge in composites and materials, J-Star is able to apply its expertise and technology to design and manufacture
a great variety of lightweight, high-performance carbon composite products, ranging from key structural parts of electric bicycles and
sports bicycles, rackets, automobile parts to healthcare products. Visit j-starholding.com and ymacorp.com to learn more.
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 other factors discussed in the “Risk Factors” section of the final 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 J-Star 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.
Contact:
Matt
Chesler, CFA
FNK
IR
646-809-2183
investor@j-starholding.com
