Lakeside Holding Ltd 8-K

What Happened

• Lakeside Holding Limited (LSH) filed an 8-K (filed Jan 5, 2026) reporting that on December 29, 2025 it entered into a Securities Purchase Agreement with certain investors to sell an aggregate of 5,600,000 shares of common stock at $0.14 per share. The offering is a private placement (unregistered sale).

Key Details

• Shares offered: 5,600,000 common shares (par value $0.0001).
• Price per share: $0.14; gross proceeds of approximately $784,000.
• Use of proceeds: Company expects to use net proceeds for general corporate purposes.
• Agreement: Securities Purchase Agreement contains customary representations, warranties and covenants; form of the agreement filed as Exhibit 10.1 to the 8-K.

Why It Matters

• This private placement raises capital (about $784,000 before fees) for Lakeside, which can help fund operations or other corporate needs without a public registered offering.
• Because the sale was a private (unregistered) placement, it may dilute existing shareholders when the shares are issued and becomes effective; investors should track any related disclosures about issuance timing or placement agent fees.
• The filing provides basic deal terms but refers to the full Securities Purchase Agreement (Exhibit 10.1) for complete details.