Form 6-K HiTek Global Inc. For: Aug 06
Tweet
Share
E-mail
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of August 2026
Commission File Number 001-39339
HiTek Global Inc.
(Translation of registrant’s name into English)
Unit 304, No. 30 Guanri Road, Siming District
Xiamen City, Fujian Province, People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Entry into Share Purchase Agreement
On August 3, 2026, HiTek Global Inc. (the “Company”) entered into a Share Purchase Agreement (the “SPA”) with MAI THI MY UT (the “Seller”), Ju Fu Limited, Fourth Coco Technology Limited and Beijing Fourth Coco Technology Co., Ltd. (北京四个椰子信息技术有限公司), pursuant to which the Company agreed to acquire from the Seller all of the issued and outstanding shares of Ju Fu Limited, a business company incorporated in the British Virgin Islands (“Ju Fu”) (such transaction, the “Acquisition”). Ju Fu, through its wholly owned subsidiaries, Fourth Coco Technology Limited and Beijing Fourth Coco Technology Co., Ltd. (北京四个椰子信息技术有限公司), is engaged in the advertising and digital marketing business conducted under the brand of “Beijing Fourth Coco” (四个椰子).
The aggregate consideration payable by the Company in connection with the Acquisition is US$20,000,000, consisting of (i) US$14,000,000 in cash consideration, payable in stages and in part on a deferred basis subject to the achievement of specified performance targets of Ju Fu and its subsidiaries, and (ii) 4,000,000 Class A ordinary shares of the Company (the “Consideration Shares”) valued at the stipulated amount of $6,000,000, subject to adjustment for changes to the Company’s capitalization, in each case in accordance with the terms of the SPA. Furthermore, the Consideration Shares are subject to certain performance-based lock-up, leak-out, sale-proceeds limitation, carry-forward, forfeiture, surrender and cancellation provisions as set forth in the SPA.
The Acquisition is expected to close in two tranches, with the first closing and the second closing to occur on or before the tenth and sixtieth calendar days from August 3, 2026, respectively, in each case subject to the satisfaction or waiver of the applicable closing conditions, unless otherwise agreed by the parties in writing.
The foregoing description of the SPA does not purport to be complete and is qualified in its entirety by reference to the full text of the SPA, a copy of which is furnished as Exhibit 10.1 to this Report on Form 6-K and is incorporated herein by reference.
Regulation FD Disclosure.
On August 3, 2026, the Company issued a press release announcing the Acquisition. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference.
This report on Form 6-K shall be deemed to be incorporated by reference into: (i) the registration statement on Form F-3, as amended (File No. 333-279459); and (ii) the registration statement on Form F-3 (File No. 333-281723) of the Company (collectively, and as amended from time to time, the “Registration Statements”), and into each prospectus or prospectus supplement outstanding under the Registration Statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
1
EXHIBIT INDEX
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 6, 2026
| HiTek Global Inc. | ||
| By: | /s/ Xiaoyang Huang | |
| Xiaoyang Huang | ||
| Chief Executive Officer | ||
| (Principal Executive Officer) | ||
3
ATTACHMENTS / EXHIBITS
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AB Akola Group Investor Webinar on 12M FY 2025/2026 Results – 20 August
- TonnerDrones réduit sa dette de 2 millions d'euros
- First six months 2026 interim report: sustained strategic progress and consistent financial performance. Full-year 2026 guidance for Adjusted EBITDA and Investments reiterated
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
