Sharing Economy International (SEII) 10% Owner Chen Johnny Acquires Shares

What Happened Chen Johnny, reported as a 10% owner of Sharing Economy International Inc. (SEII), acquired 724,224,643 shares on August 2, 2026. The Form 4 reports the transaction as an "other acquisition" (transaction code J) at $0.00 per share (total reported value $0), reflecting an exchange of stock rather than a cash purchase.

Key Details

• Transaction date: August 2, 2026; Form 4 filed August 3, 2026 (timely filing).
• Shares transacted: 724,224,643 shares at $0.00 per share (total $0).
• Transaction code: J (other acquisition or disposition).
• Footnote: Shares were acquired pursuant to a Share Exchange Agreement dated August 2, 2026, among Sharing Economy International, Light Across, Inc., and the Light Across common stockholders.
• Shares owned after transaction: Not specified in the provided filing.

Context

• This was not a cash purchase or sale but a stock exchange under a contractual Share Exchange Agreement (see footnote). For 10% owners, such transactions often reflect corporate restructuring or exchange arrangements rather than routine open-market insider trading.