Sharing Economy Intl (SEII) 10% Owner Huang Ximing Acquires 4.10B Shares
$SEII · SHARING ECONOMY INTERNATIONAL INC.Research Summary
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Sharing Economy Intl (SEII) 10% Owner Huang Ximing Acquires 4.10B Shares
What Happened
Huang Ximing, reported as a 10% owner of Sharing Economy International, acquired 4,103,939,641 shares on August 2, 2026. The Form 4 reports the transaction as an "other acquisition or disposition (J)" at $0.00 per share (total reported value $0), indicating the shares were received in a stock-exchange transaction rather than an open-market cash purchase.
Key Details
- Transaction date: August 2, 2026; Form 4 filed August 3, 2026 (filed one day after transaction).
- Reported price per share: $0.00; reported total cash value: $0.
- Transaction code: J (other acquisition/disposition).
- Shares acquired: 4,103,939,641.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Shares were acquired pursuant to a Share Exchange Agreement dated August 2, 2026, among Sharing Economy International Inc., Light Across, Inc., and the holders of Light Across common stock.
Context
This was an issuance/stock-exchange transaction (non-cash consideration) rather than an open-market purchase or sale. For a 10% owner, such transactions often reflect structured corporate deals (e.g., share exchanges or mergers); the $0 per-share figure reflects the exchange nature reported on the Form 4, not the economic value of the shares. The filing appears timely (next-business-day report).