secwatch.observer — SEC 8-K summary
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Issuer:     SHARING ECONOMY INTERNATIONAL INC. (SEII)
CIK:        0000819926
Form:       8-K
Filed at:   2026-08-03T21:12:44+00:00
Accession:  0001477932-26-004679
Event type: m_and_a
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 2.01, 3.02, 5.01, 5.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sharing Economy International completes reverse acquisition of Light Across, an EV startup; issues 4.998B shares
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- Issued 4,998,838,436 shares (80% of post-deal total) to acquire all Light Across shares; Light Across becomes wholly-owned subsidiary.
- Ximing Huang (CEO/Chairman) acquires 65.6% beneficial ownership; Johnny Chen (CFO) acquires 11.5%.
- Light Across has minimal revenue ($80k in 2025), net loss of $102k, and going concern doubt from auditors.
- Light Across is an EV engineering/design company with no commercial vehicle production yet; plans US production.
- Company now has only 2 non-employee officers; expects to need additional funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/819926/000147793226004679/0001477932-26-004679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/819926/000147793226004679/seii_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-004679

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer