High Trend International Group (HTCO)

High-Trend International Group Announces Cancellation and Retirement of 630,000 Class A Ordinary SharesMay 14, 2026 4:30 PM
PR Newswire (US) NEW YORK, May 14, 2026 /PRNewswire/ -- High-Trend International Group (Nasdaq: HTCO, the "Company") today announced that it has completed the cancellation and retirement of 630,000 Class A ordinary shares (the "Pre-Delivery Shares") that were previously issued to Streeterville Capital, LLC ("Streeterville") pursuant to a securities purchase agreement dated October 29, 2025.HTCO Chairman Mr. Christopher Nixon Cox stated that this transaction will help further optimize the Company's capital structure, reduce potential dilution and provide greater flexibility for the execution of its future business strategy.Previously, the Company had entered into a payoff acknowledgment and termination agreement with Streeterville, under which the Company fully satisfied all obligations arising from the related financing and received the return of the Pre-Delivery Shares. Following the completion of the relevant share return and transfer procedures, all 630,000 Pre-Delivery Shares have now been cancelled and retired, resulting in a corresponding reduction of 630,000 in the number of the Company's issued and outstanding Class A ordinary shares.About High-Trend International GroupHigh-Trend International Group is a global ocean transportation company with core businesses in international shipping.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believe," "expect," "anticipate," "future," "will," "intend," "plan," "estimate" or similar expressions. Actual results may differ materially from those indicated by these forward-looking statements due to various risks and uncertainties, including but not limited to those detailed in the Company's filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement, except as required by applicable law. View original content:https://www.prnewswire.com/news-releases/hightrend-international-group-announces-cancellation-and-retirement-of-630-000-class-a-ordinary-shares-302772644.htmlSOURCE High-Trend International Group Original: High-Trend International Group Announces Cancellation and Retirement of 630,000 Class A Ordinary Shares

High-Trend International Group Class A Shareholders Approve Major Corporate Governance EnhancementsMay 11, 2026 4:30 PM
PR Newswire (US) NEW YORK, May 11, 2026 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) ("HTCO" or the "Company"), a global ocean transportation company, today announced that the Company's Class A shareholders approved a series of transformative corporate governance measures at an Extraordinary General Meeting held on May 7, 2026. The approved resolutions include a significant enhancement of voting rights attached to the Company's Class B ordinary shares, a substantial increase in authorized share capital and the authorization of potential future share consolidations.Key Shareholder Approvals:Enhanced Class B Voting Rights: Class A shareholders approved a special resolution to increase the voting rights attached to each Class B ordinary share from twenty votes to one hundred votes on all matters subject to a vote at general meetings of the Company.Increased Authorized Share Capital: Class A shareholders approved an expansion of the Company's authorized share capital from US$1,250,000 to US$5,275,250, increasing the number of authorized Class A ordinary shares from 489,900,000 to 2,000,000,000 and Class B ordinary shares from 10,100,000 to 110,100,000.Share Consolidation Authorization: Shareholders granted the Company's Board of Directors discretionary authority to consolidate the Company's issued and outstanding Class A ordinary shares at any time during a period of up to two years, provided that the accumulative consolidation ratio shall not exceed 1,000:1. The Board of Directors will retain full discretion on whether to implement any such consolidation, as well as the exact ratio and effective date.Amended Memorandum and Articles of Association: Shareholders approved the adoption of the Fourth Amended and Restated Memorandum and Articles of Association, which reflect the above changes and additionally established that certain major corporate actions will be subject to the prior written consent of the Majority of the holders Class B ordinary shares."These shareholder approvals represent a pivotal milestone in High-Trend International Group's corporate evolution," said Mr. Christopher Nixon Cox, Chairman of the Company. "The enhanced governance framework and expanded capital structure provide the Company with greater strategic flexibility to pursue growth initiatives, strengthen our balance sheet, and create long-term value for all stakeholders. We remain committed to executing our vision as a leading global ocean technology company."About High-Trend International GroupHigh-Trend International Group is a global ocean transportation company with core businesses in international shipping.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believe," "expect," "anticipate," "future," "will," "intend," "plan," "estimate" or similar expressions. Actual results may differ materially from those indicated by these forward-looking statements due to various risks and uncertainties, including but not limited to those detailed in the Company's filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement, except as required by applicable law. View original content:https://www.prnewswire.com/news-releases/high-trend-international-group-class-a-shareholders-approve-major-corporate-governance-enhancements-302768315.htmlSOURCE High-Trend International Group Original: High-Trend International Group Class A Shareholders Approve Major Corporate Governance Enhancements

$HTCO: Down again to $6.10.....................

Trying to get into it but theres restrictions to buying it.


Anyone else getting lucky ???


GO $HTCO

$HTCO: Now $7.20............................. Keerplllunkkkkkkk

These markets are NUTS


GO $HTCO

$HTCO: Is $DOUG on your DD-Amanda scanner ????

Now at $2


GO $HTCO/$DOUG

$HTCO: The morning after............ gave it all back $13.50

JUST WOW............... welcome to the markets

What happened........... just another day right ?


GO $HTCO

$HTCO: Wow.... almost tapped $50 !!!!!!!!!!!

Amazing stuff today


GO $HTCO

$HTCO: Bring on the $40s and more.............

Heading that way now

Expanding that Lithium Transport........ news from Last week

http://www.htcointl.com/contents/31/125.html

GO $HTCO

$HTCO: Intraday pullback to $17.50...... now $35

Its giving you sooooooooooo many chances at getting in again and out.


How about that ??

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$HTCO hit our scanner early. #DDAmanda Chart

Similar early alerts: $TZOO $PAPL $SKLZ

See more: https://DDAmanda.com



Z

I didn't see news .. but have been following HT for a while now.

28

$HTCO: DAAAAyyyyyummmmmmmmmmmmmm................ now $24

Whats the news on this today ??

Thats a bagger intraday.

WOW


GO $HTCO

#LFG $HTCO !!