Jerash Holdings (US), Inc. 8-K

What Happened
Jerash Holdings (US), Inc. (through its wholly owned subsidiary Jerash Garments and Fashions Manufacturing Company Limited) announced that on February 2, 2026 it received approval from the Housing Bank for Trade and Finance to purchase a manufacturing building and associated land in South Amman, Jordan. The Property is located on Property No. 1326, Basin No. 3 Abu Sawwana, Al‑Ruqaim Village. The agreed purchase price is 2,400,000 Jordanian Dinars (approximately $3,384,000), to be paid via down payment and bank financing. Jerash Garments inspected the Property, agreed to register it in its name, and will bear all ownership transfer fees. The company furnished the Property Purchase Request as Exhibit 10.1 and issued a related press release on February 5, 2026 (Exhibit 99.1).

Key Details

• Purchase price: 2,400,000 JOD (≈ $3,384,000).
• Property location: Property No. 1326, Basin No. 3 Abu Sawwana, Al‑Ruqaim Village, South Amman, Jordan.
• Timeline: Purchase request submitted Jan 20, 2026; Housing Bank approval received Feb 2, 2026; press release issued Feb 5, 2026.
• Financing/fees: Purchase to be funded by down payment and Housing Bank financing; Jerash Garments will pay all ownership transfer fees and register the Property in its name.

Why It Matters
This filing documents a material real‑estate acquisition for Jerash’s manufacturing operations, adding a fixed asset to the company through its subsidiary. Because the purchase will be financed by the Housing Bank, investors should note the company will take on bank financing (details and terms were not disclosed in the 8‑K), which may affect future liabilities, cash flow, and capital spending. Monitor future filings for financing terms, timing of closing, and any impact on production capacity or operating results.