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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

October 22, 2025

Date of Report (Date of earliest event reported)

 

AiRWA INC.

(Exact name of registrant as specified in its charter)

 

Delaware   1-41423   61-1789640
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

74 E. Glenwood Ave., #320

Smyrna, DE 19977

(Address of principal executive offices, including Zip Code)

 

(646) 453-0678

(Registrant’s telephone number, including area code)

 

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   YYAI   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On October 22, 2025, AiRWA Inc. (the “Company”) entered into a share purchase agreement (the “Share Purchase Agreement”) with Hongyu Zhou, the Chairman of the Company (the “Seller”), to acquire from the Seller 30% of the share capital of Yuanyu Enterprise Management Co., Limited (“YYEM”), a Hong Kong company and our operating subsidiary in which we held a 70% equity interest prior to this date, for $36,000,000 (the “Share Purchase Consideration”), payable in cash (the “Transaction”).

 

YYEM, which owns various patents and proprietary technology and engages principally in the licensing of technology, has been the Company’s sole operating subsidiary since November 21, 2024. Because of Mr. Zhou’s interest in the Transaction as the Chairman of the Company and as the Seller, the Transaction was considered and approved by the members of the Audit Committee of the Company’s board of directors, who reviewed, among other things, a valuation report from an independent third party. Following the Transaction, the Company will consolidate 100% of the revenue generated by YYEM rather than the 70% it currently consolidates.

 

Pursuant to the Share Purchase Agreement, the Company has agreed to purchase, and the Seller has agreed to sell, 3,000 ordinary shares of YYEM (the “YYEM Shares”), representing 30% of the issued and outstanding ordinary shares of YYEM, for the Share Purchase Consideration. The Share Purchase Agreement may be terminated (i) by mutual written consent of the Company and the Seller, (ii) upon a material breach of the Share Purchase Agreement by either party, or (iii) if the Transaction has not been consummated within 90 days from the date of the Share Purchase Agreement.

 

The Transaction is expected to close on or about October 31, 2025, subject to the satisfaction of customary closing conditions.

 

The foregoing description of the Share Purchase Agreement is a summary of the material terms thereof, does not purport to be complete and is qualified in its entirety by reference to the full text of the Share Purchase Agreement, which is filed with this report as Exhibit 10.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

The following exhibits are furnished with this Form 8-K:

 

Exhibit No.   Description
10.1   Share Purchase Agreement, dated October 22, 2025, by and between AiRWA Inc. and Hongyu Zhou
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this Current Report on Form 8-K other than statements of historical fact are forward-looking statements. Such forward-looking statements include, among other things, statements regarding the Company’s ability to regain compliance with Nasdaq listing standards or receive additional time from Nasdaq to regain compliance if necessary. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and the negative of such terms or other similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are based on the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those projected in any forward-looking statements due to numerous risks and uncertainties. Information regarding the foregoing and additional risks may be found in the section entitled “Risk Factors” in documents that the Company files from time to time with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this Current Report on Form 8-K, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

 

 

 

 

SIGNATURE

 

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 hereunto duly authorized.

 

  AiRWA INC.
  a Delaware corporation
     
Dated: October 27, 2025 By: /s/ Thomas Tarala
   

Thomas Tarala

Chief Executive Officer