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ZK International (NASDAQ: ZKIN) raises about $20M in completed private placement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

ZK International Group closed a previously announced private placement with non-U.S. investors. The company sold 40,040,000 ordinary shares at US$0.50 per share, raising an aggregate of approximately US$20,020,000. Payment was made in either U.S. dollars or cryptocurrencies, at the company’s discretion, and all shares have now been issued to the purchasers.

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Insights

ZK International completed a private share sale raising about US$20,020,000 in new equity.

ZK International Group has consummated a private placement with non-U.S. investors, issuing 40,040,000 ordinary shares at US$0.50 each. The transaction brings in approximately US$20,020,000 of new equity capital, which strengthens the balance sheet but increases the share count.

The consideration could be paid in U.S. dollars or cryptocurrencies, at the company’s discretion, showing flexibility in funding sources. The filing confirms that all closing conditions were satisfied and that the full 40,040,000 ordinary shares have been issued, making the capital raise fully effective as of this report.

 

 

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 March 2026

 

Commission File Number: 001-38146

 

ZK INTERNATIONAL GROUP CO., LTD.

(Exact name of registrant as specified in its charter)

 

c/o Zhejiang Zhengkang Industrial Co., Ltd.

No. 678 Dingxiang Road, Binhai Industrial Park

Economic & Technology Development Zone

Wenzhou, Zhejiang Province,

People’s Republic of China 325025

Tel: +86-577-86852999

(Address and telephone number of registrant’s principal executive offices)

 

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 ☐

 

 

 

 

 

  

Closing of a Private Placement Transaction

 

As previously disclosed in the Form 6-K dated February 27, 2026, ZK INTERNATIONAL GROUP CO., LTD. (the “Company”) entered into certain securities purchase agreement (the “SPA”) with certain non-U.S. investors (collectively, the “Purchasers”) pursuant to which the Company agreed to sell to the Purchasers an aggregate of 40,040,000 ordinary shares, no par value per share (the “Ordinary Shares”), of the Company at a price of US$0.50 per share to purchase an aggregate of 40,040,000 Ordinary Shares, for the aggregate purchase price of approximately US$20,020,000, which purchase price should be paid by the Purchasers in US$ fiat money or in cryptocurrencies, in the sole discretion of the Company (the “Offering”).

 

Upon satisfying all closing conditions, as of the date of this Form 6-K, the Offering has been consummated by the Company, and the Company has completed the private placement closing and issued an aggregate of 40,040,000 Ordinary Shares to the Purchasers. The form of the SPA was furnished as Exhibit 99.1 to the Form 6-K dated March 02, 2026.

 

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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.

 

Dated: March 19, 2026

  

  ZK INTERNATIONAL GROUP CO., LTD.
     
  By: /s/ Ruihong Ma
  Name:  Ruihong Ma
  Title: Chief Executive Officer

 

 

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FAQ

What transaction did ZK International Group (ZKIN) complete in this Form 6-K?

ZK International Group completed the closing of a private placement with non-U.S. investors. It issued 40,040,000 ordinary shares at US$0.50 per share, confirming that all closing conditions were met and the transaction is now fully consummated.

How much capital did ZK International Group (ZKIN) raise in the private placement?

The company raised an aggregate purchase price of approximately US$20,020,000 through the private placement. This amount reflects 40,040,000 ordinary shares sold at US$0.50 per share to non-U.S. investors under the securities purchase agreement.

What price per share did ZK International Group (ZKIN) agree in the private placement?

ZK International Group agreed to sell its ordinary shares at US$0.50 per share in the private placement. This fixed price applies to the entire 40,040,000 ordinary shares issued to the non-U.S. purchasers under the securities purchase agreement.

How were investors allowed to pay for ZK International Group (ZKIN) shares?

The purchase price could be paid either in U.S. fiat currency or in cryptocurrencies. The choice of payment method was at the sole discretion of ZK International Group, giving the company flexibility in how it received the approximately US$20,020,000 proceeds.

Who participated in the ZK International Group (ZKIN) private placement?

The private placement involved certain non-U.S. investors referred to as the purchasers. They entered into a securities purchase agreement with ZK International Group to acquire 40,040,000 ordinary shares for an aggregate consideration of approximately US$20,020,000.

Is the ZK International Group (ZKIN) private placement now fully closed?

Yes. The company states that all closing conditions have been satisfied and the offering has been consummated. ZK International Group has completed the private placement closing and issued the full 40,040,000 ordinary shares to the non-U.S. purchasers.
ZK International Group

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