Elite Express Holding Inc. Files 8-K: Material Agreement
Ticker: ETS · Form: 8-K · Filed: Aug 25, 2025 · CIK: 2053641
Sentiment: neutral
Topics: material-agreement, filing, regulation-fd
TL;DR
Elite Express Holding Inc. signed a material agreement on 8/20/25. Details in new 8-K.
AI Summary
Elite Express Holding Inc. entered into a Material Definitive Agreement on August 20, 2025. The company also provided a Regulation FD Disclosure and filed financial statements and exhibits. The filing details are associated with accession number 0001104659-25-082012.
Why It Matters
This 8-K filing indicates a significant event for Elite Express Holding Inc., likely involving a new contract or partnership that could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Material Definitive Agreements can introduce new risks or opportunities, and the lack of specific details in this initial report warrants a medium risk assessment.
Key Players & Entities
- Elite Express Holding Inc. (company) — Registrant
- 0001104659-25-082012 (other) — Accession Number
- August 20, 2025 (date) — Date of earliest event reported
- Delaware (location) — State of incorporation
- 9497580650 (phone_number) — Business phone number
FAQ
What is the nature of the Material Definitive Agreement entered into by Elite Express Holding Inc. on August 20, 2025?
The filing does not specify the exact nature of the Material Definitive Agreement, only that one was entered into on August 20, 2025.
What is the accession number for this 8-K filing?
The accession number for this filing is 0001104659-25-082012.
When was the report filed with the SEC?
The report was filed as of August 25, 2025.
What is the principal executive office address for Elite Express Holding Inc.?
The principal executive offices are located at 23046 Avenida De La Carlota, Suite 600, Laguna Hills, CA 92653.
What is the SIC code for Elite Express Holding Inc.?
The Standard Industrial Classification (SIC) code for Elite Express Holding Inc. is 4210, which corresponds to TRUCKING & COURIER SERVICES (NO AIR).
Filing Stats: 959 words · 4 min read · ~3 pages · Grade level 11.4 · Accepted 2025-08-22 21:13:00
Key Financial Figures
- $0.000001 — ares of Class A common stock, par value $0.000001 per share ("Class A Common Stock") at a
- $4.00 — n Stock") at a public offering price of $4.00 per share. The Company also granted the
- $13.7 m — Company from the IPO were approximately $13.7 million, after deducting underwriting dis
- $23,160 — ses related to the IPO in the amount of $23,160. A copy of the Underwriting Agreement
Filing Documents
- tm2524233d1_8k.htm (8-K) — 32KB
- tm2524233d1_ex10-1.htm (EX-10.1) — 249KB
- tm2524233d1_ex99-1.htm (EX-99.1) — 10KB
- tm2524233d1_ex99-2.htm (EX-99.2) — 9KB
- tm2524233d1_ex99-1img001.jpg (GRAPHIC) — 3KB
- tm2524233d1_ex99-2img001.jpg (GRAPHIC) — 3KB
- 0001104659-25-082012.txt ( ) — 542KB
- ets-20250820.xsd (EX-101.SCH) — 3KB
- ets-20250820_lab.xml (EX-101.LAB) — 33KB
- ets-20250820_pre.xml (EX-101.PRE) — 22KB
- tm2524233d1_8k_htm.xml (XML) — 4KB
01
Item 1.01 Entry Into a Material Definitive Agreement On August 20, 2025, Elite Express Holding Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Dominari Securities LLC, as representative (the "Representative") of the several underwriters listed on Schedule A to the Underwriting Agreement (together, the "Underwriters"), relating to the Company's initial public offering (the "IPO") of 3,800,000 shares of Class A common stock, par value $0.000001 per share ("Class A Common Stock") at a public offering price of $4.00 per share. The Company also granted the Underwriters a 45-day option to purchase up to 570,000 additional shares of Class A Common Stock on the same terms and conditions for the purpose of covering any over-allotments in connection with the IPO. On August 22, 2025, the Company closed the IPO. The Company offered and sold the Class A Common Stock in the IPO pursuant to its registration statement on Form S-1 (File No. 333-286965), which was initially filed with the U.S. Securities and Exchange Commission (the "SEC") on May 5, 2025, as amended, and declared effective by the SEC on August 20, 2025. The offering was conducted on a firm commitment basis. The shares of Class A Common Stock were previously approved for listing on The Nasdaq Capital Market and commenced trading under the ticker symbol "ETS" on August 21, 2025. The net proceeds to the Company from the IPO were approximately $13.7 million, after deducting underwriting discounts and commissions and the payment of other offering expenses associated with the IPO. The Company (i) paid the Underwriters an underwriting discount equal to 7.0% of the gross proceeds of the IPO, (ii) paid the Representative a non-accountable expense fee equal to 1.0% of the gross proceeds of the IPO, and (iii) reimbursed the Representative for accountable out-of-pocket expenses related to the IPO in the amount of $23,160. A copy of the Underwriting Agreement is attached heret
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 20, 2025, the Company issued a press release regarding the pricing of the IPO. A copy of the press release is attached as Exhibit 99.1 hereto. On August 22, 2025, the Company issued a press release regarding the closing of the IPO. A copy of the press release is attached as Exhibit 99.2 hereto. The information in this
01, including Exhibit 99.1 and Exhibit 99.2 attached hereto, is being furnished and shall not be deemed "filed"
Item 7.01, including Exhibit 99.1 and Exhibit 99.2 attached hereto, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any of the Company's filings under the Securities Act, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Report in such filing.
01
Item 9.01. Exhibits. Exhibit No. Description 10.1 Underwriting Agreement dated August 20, 2025 by and between the Company and the Representative 99.1 Press Release on Pricing of the Company's Initial Public Offering 99.2 Press Release on Closing of the Company's Initial Public Offering 104 Cover Page Interactive Data File (formatted in Inline XBRL)
SIGNATURES
SIGNATURES 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. Date: August 22, 2025 Elite Express Holding Inc. By: /s/ Yidan Chen Yidan Chen Chief Executive Officer, President and Director