Securetech Innovations, Inc. 8-K

What Happened
Securetech Innovations, Inc. (SCTH) filed an 8-K reporting two material items: a capital increase in its majority-owned Chinese subsidiary Zhejiang Jizhu Technology Co., Ltd. and an issuance of common stock as consultant compensation. On April 6, 2026, Jizhu completed a registered capital increase from RMB 11,110,974 to RMB 11,341,952 after Xiangshan Hongri Equity Investment Fund Partnership (L.P.) invested RMB 5,000,000 (approx. US$730,000). As a result, Securetech’s indirect ownership of Jizhu decreased from ~90.0% to ~88.2%. Separately, on April 10, 2026 the company issued 15,326 shares of common stock to two independent consultants as payment for services, valued at $75,112 total (≈$4.90 per share), issued under exemptions to registration.

Key Details

• Jizhu capital increase: RMB 5,000,000 (≈US$730,000) invested on April 6, 2026; Securetech’s indirect stake fell from ~90.0% to ~88.2%.
• Consultant stock issuance: 15,326 common shares issued April 10, 2026, aggregate value $75,112 (~$4.90/share).
• Securities treatment: Consultant shares issued relying on Section 4(a)(2) and Rule 506(b) (unregistered); recipients represented they are accredited investors.
• Company totals (as of April 10, 2026): 17,092,694 common shares issued and outstanding; 19,725 Series A Preferred shares outstanding.

Why It Matters
The Jizhu capital injection brings approximately $730k of new cash into the operating subsidiary, which can support its operations or growth, but it also slightly diluted Securetech’s indirect ownership (a ~1.8 percentage-point decrease). The consultant share issuance is a relatively small dilution to public shareholders (15,326 shares ≈ 0.09% of common shares outstanding). Both items are factual changes to the company’s capital structure and ownership; Securetech states it does not view the ownership reduction as a disposition of a significant amount of assets outside the ordinary course of business. Investors should note the unregistered nature of the consultant shares and the change in subsidiary ownership when assessing capitalization and control.