---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-026391"
form_type: "8-K"
ticker: "ETS"
cik: "0002053641"
company_name: "Elite Express Holding Inc."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T15:14:47.868976+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Elite Express raises $8M via private placement of 32M shares at $0.25 each

## Summary
- Stock Purchase Agreement with 8 non-U.S. investors for 32,000,000 shares at $0.25/share, gross proceeds $8M.
- Shares are unregistered, offered under Regulation S exemption; no U.S. person participation allowed.
- Closing expected within 90 days of March 10, 2026, subject to Nasdaq approval if required.
- Beneficial ownership capped at 9.99% for any purchaser; shares are restricted securities.
- Proceeds to be used at management's discretion for general corporate purposes.

## SEC filing metadata
- accession: 0001104659-26-026391
- form_type: 8-K
- ticker: ETS
- cik: 0002053641
- company_name: Elite Express Holding Inc.
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2053641/000110465926026391/0001104659-26-026391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2053641/000110465926026391/tm268578d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-026391
- JSON: https://secwatch.observer/filing/0001104659-26-026391.json
- Plain text: https://secwatch.observer/filing/0001104659-26-026391.txt

## Key facts
- Material Agreements
  Elite Express Holding Inc. entered into Stock Purchase Agreement with eight non-U.S. investors valued at aggregate gross proceeds of $8,000,000 (effective 2026-03-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: eight non-U.S. investors
  - Value: aggregate gross proceeds of $8,000,000
  - Effective: 2026-03-10
  source text: On March 10, 2026, Elite Express Holding Inc., a Delaware corporation (the “Company” ), entered into a Stock Purchase Agreement (the “Purchase Agreement” ) with eight non-U.S. investors (the “Purchasers” ), pursuant to which the Company agreed to issue and sell in a private placement offering (the “Private Placement” ) an aggregate of 32,000,000 shares (the “Shares” ) of the Company's Class A Common Stock, $0.000001 par value per share, at a purchase price per share of $0.25, for aggregate gross proceeds of $8,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2053641/000110465926026391/0001104659-26-026391-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.