Earth Science Tech Announces Acquisition of Zoolzy LLC

What Happened

• Earth Science Tech, Inc. (ETST) filed an 8‑K on August 19, 2026 to report completion of the acquisition of Zoolzy LLC, a Florida limited liability company.
• The seller was Mario G. Tabraue, the Company’s Chief Operations Officer and a member of the Board of Directors. The Company states the consideration involved was immaterial and did not disclose financial terms.
• Because this was a related‑party transaction, the independent members of the Board reviewed and approved the deal. A press release dated August 19, 2026 was furnished as Exhibit 99.1 under Regulation FD disclosure.

Key Details

• Acquisition completed and reported in Form 8‑K filed August 19, 2026.
• Seller: Mario G. Tabraue (COO and director) — related‑party transaction.
• Financial terms not disclosed; Company describes the amount as immaterial.
• Press release attached as Exhibit 99.1 (Regulation FD disclosure).

Why It Matters

• Related‑party transactions can raise conflict‑of‑interest concerns; the approval by independent directors is intended to confirm the terms were fair and comparable to arm’s‑length deals.
• The Company’s characterization of the consideration as immaterial indicates the transaction is unlikely to have a material effect on near‑term financial results, but investors should review the attached press release for any operational or strategic context.