---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-031985"
form_type: "8-K"
ticker: "ISPR"
cik: "0001948455"
company_name: "Ispire Technology Inc."
filed_at: "2024-04-11T23:59:59+00:00"
generated_at: "2026-06-04T00:11:53.848250+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ispire enters JV for e-cigarette age-verification; commits up to $9M, issues warrant to Berify

## Summary
- JV with Chemular (20%), Berify (40%), and Ispire (40%) to develop age-verification hardware and PMTA submissions.
- Ispire contributed $1M cash, committed up to $9M additional for R&D and commercialization.
- Chemular got $5M capital credit for TPMF and services; Berify got $10M capital credit for licensed assets.
- Ispire issued warrant to Berify for 111,111 shares at $9.00, exercisable immediately, expiring April 2029.

## SEC filing metadata
- accession: 0001213900-24-031985
- form_type: 8-K
- ticker: ISPR
- cik: 0001948455
- company_name: Ispire Technology Inc.
- filed_at: 2024-04-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1948455/000121390024031985/0001213900-24-031985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1948455/000121390024031985/ea0203679-8k_ispire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-031985
- JSON: https://secwatch.observer/filing/0001213900-24-031985.json
- Plain text: https://secwatch.observer/filing/0001213900-24-031985.txt

## Key facts
- Material Agreements
  Ispire Technology Inc. entered into JV Agreement with Chemular Inc., Touch Point Worldwide, Inc. d/b/a Berify, and Ike Tech LLC valued at $1 million in cash (effective 2024-04-05).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: Chemular Inc., Touch Point Worldwide, Inc. d/b/a Berify, and Ike Tech LLC
  - Value: $1 million in cash
  - Effective: 2024-04-05
  source text: ontribution, subscription, and joint venture agreement (the “JV Agreement”) with Chemular Inc., a Michigan corporation (“Chemular”), Touch Point Worldwide, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1948455/000121390024031985/0001213900-24-031985-index.htm

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