Securities Purchase Agreement with Albert Wong
Eastern International Ltd. entered into a Securities Purchase Agreement with Albert Wong, the Chairman and CEO, on August 27, 2026. The agreement involves the issuance and sale of 200,000 Series B Preferred Shares to Mr. Wong at a price of US$1.00 per share, totaling US$200,000. Each Series B Preferred Share carries 100 votes and is convertible into one ordinary share at the holder's option. The transaction received approval from the Company's special committee and Board of Directors. This filing details the terms of the agreement, including representations and warranties from both the Company and the Purchaser, and outlines the conditions for the closing of the transaction. The shares are being issued under an exemption from registration requirements, with the Purchaser representing they are a non-U.S. person acquiring the shares for investment purposes.