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AiRWA (NASDAQ: YYAI) sells 4.2M new shares to chairman for $5.8M cash

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

AiRWA Inc. entered a securities purchase agreement with its chairman, Hongyu Zhou, to sell 4,215,000 shares of common stock at $1.37 per share in a private transaction. The new shares will represent about 10% of AiRWA’s outstanding common stock after the deal closes, which is expected on or about January 20, 2026. The sale is expected to generate approximately $5,774,550 in gross proceeds, which the company plans to use for working capital and general corporate purposes, and potentially for acquisitions. The shares are being issued as unregistered securities under exemptions including Section 4(a)(2), Rule 506(b) of Regulation D, and/or Regulation S.

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Insights

AiRWA raises $5.8M from its chairman in a 10% equity issuance.

AiRWA Inc. agreed to sell 4,215,000 shares of common stock at $1.37 per share to its chairman, Hongyu Zhou, in a private transaction. The company states that these shares will account for about 10% of its outstanding common stock after the deal, indicating a meaningful but not extreme level of dilution for existing holders.

The transaction is expected to bring in about $5,774,550 of gross proceeds, which AiRWA plans to use for working capital, general corporate purposes, and potentially acquisitions, though it notes there are currently no definitive acquisition plans. Because the buyer is the chairman, this capital raise also concentrates ownership further with an insider, which can affect governance dynamics.

The company relies on exemptions including Section 4(a)(2), Rule 506(b) of Regulation D, and/or Regulation S to issue the shares without registration. Closing is expected on or about January 20, 2026, so subsequent disclosures after that date may provide more detail on how the new capital is deployed and any follow-on strategic actions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

January 14, 2026

Date of Report (Date of earliest event reported)

 

AiRWA INC.

(Exact name of registrant as specified in its charter)

 

Delaware   1-41423   61-1789640
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

74 E. Glenwood Ave., #320

Smyrna, DE 19977

(Address of principal executive offices, including Zip Code)

 

(646) 453-0678

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   YYAI   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On January 14, 2026, AiRWA Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Hongyu Zhou, the Chairman of the Company, pursuant to which the Company agreed to sell to Mr. Zhou 4,215,000 shares of common stock of the Company, par value $0.001 per share (the “Common Stock”), at a purchase price of $1.37 per share of Common Stock (the “Transaction”). The Common Stock purchased in the Transaction constitutes approximately 10% of the Company’s outstanding Common Stock following the Transaction.

 

The Transaction is expected to close on or about January 20, 2026, and the gross proceeds are expected to be approximately $5,774,550. The Company intends to use the net proceeds from the Transaction for working capital and other general corporate purposes and may also use it for acquisitions, although there are currently no definitive plans to acquire any specific entities or assets.

 

The Transaction was conducted in reliance on Section 4(a)(2) of, and/or Rule 506(b) of Regulation D and/or Regulation S promulgated under, the Securities Act of 1933, as amended.

 

The foregoing description of the Purchase Agreement is not complete and is qualified in its entirety by reference to the full text of the form of Purchase Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 3.02. Unregistered Sales of Equity Securities.

 

The information provided in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 3.02.

 

Item 9.01 Financial Statements and Exhibits.

 

The following exhibits are furnished with this Form 8-K:

 

Exhibit No.   Description
10.1   Securities Purchase Agreement, dated January 14, 2026, by and between AiRWA Inc. and Hongyu Zhou
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this Current Report on Form 8-K other than statements of historical fact are forward-looking statements. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and the negative of such terms or other similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are based on the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those projected in any forward-looking statements due to numerous risks and uncertainties. Information regarding the foregoing and additional risks may be found in the section entitled “Risk Factors” in documents that the Company files from time to time with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this Current Report on Form 8-K, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

 

 

 

 

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 hereunto duly authorized.

 

  AiRWA INC.
  a Delaware corporation
     
Dated: January 15, 2026 By: /s/ Thomas Tarala
    Thomas Tarala
    Chief Executive Officer

 

 

 

FAQ

What transaction did AiRWA (YYAI) announce with its chairman?

AiRWA Inc. entered a securities purchase agreement to sell 4,215,000 shares of its common stock to its chairman, Hongyu Zhou, at $1.37 per share in a private transaction.

How much money will AiRWA (YYAI) receive from the new share sale?

AiRWA expects to receive approximately $5,774,550 in gross proceeds from selling 4,215,000 shares of common stock at $1.37 per share.

How dilutive is the new issuance for AiRWA (YYAI) shareholders?

The company states that the shares purchased in the transaction will represent approximately 10% of AiRWA’s outstanding common stock following the transaction.

How does AiRWA (YYAI) plan to use the proceeds from this stock sale?

AiRWA intends to use the net proceeds for working capital and other general corporate purposes and may also use them for acquisitions, although it currently has no definitive plans to acquire specific entities or assets.

When is the AiRWA (YYAI) private placement expected to close?

The transaction is expected to close on or about January 20, 2026, subject to the terms of the securities purchase agreement.

Are the new AiRWA (YYAI) shares being registered with the SEC?

No, the shares are being issued as unregistered securities in reliance on exemptions including Section 4(a)(2), Rule 506(b) of Regulation D, and/or Regulation S under the Securities Act of 1933.
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