Jerash Holdings Terminates Material Agreement
Ticker: JRSH · Form: 8-K · Filed: Aug 21, 2025 · CIK: 1696558
Sentiment: neutral
Topics: agreement-termination, 8-K, financial-reporting
TL;DR
Jerash Holdings terminated a key deal, filing an 8-K on 8/21/25.
AI Summary
Jerash Holdings (US), Inc. filed an 8-K on August 21, 2025, reporting the termination of a material definitive agreement as of August 20, 2025. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in Fairfield, NJ.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future business prospects.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement often signals significant business challenges or strategic shifts that could affect the company's stability.
Key Numbers
- 001-38474 — SEC File Number (Identifies the company's filing with the SEC.)
- 814701719 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Jerash Holdings (US), Inc. (company) — Registrant
- August 20, 2025 (date) — Date of earliest event reported
- August 21, 2025 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Fairfield, NJ (location) — Address of principal executive offices
FAQ
What was the specific material definitive agreement that was terminated?
The filing does not specify the details of the material definitive agreement that was terminated, only that it occurred as of August 20, 2025.
What are the reasons behind the termination of this agreement?
The filing does not provide the reasons for the termination of the material definitive agreement.
Will this termination have a significant impact on Jerash Holdings' financial performance?
The filing does not explicitly state the financial impact, but the termination of a material agreement typically suggests a potential impact.
Are there any other related agreements or contracts affected by this termination?
The filing does not mention any other related agreements or contracts being affected.
When was the termination effective?
The termination was effective as of August 20, 2025.
Filing Stats: 554 words · 2 min read · ~2 pages · Grade level 13.5 · Accepted 2025-08-21 16:05:46
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share JRSH The NASDAQ Stock Mar
Filing Documents
- ea0254177-8k_jerash.htm (8-K) — 26KB
- 0001213900-25-079359.txt ( ) — 187KB
- jrsh-20250820.xsd (EX-101.SCH) — 3KB
- jrsh-20250820_lab.xml (EX-101.LAB) — 33KB
- jrsh-20250820_pre.xml (EX-101.PRE) — 22KB
- ea0254177-8k_jerash_htm.xml (XML) — 4KB
02 Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement. Termination of Joint Venture As previously disclosed, on October 10, 2023, Jerash Holdings (US), Inc., a Delaware corporation (the "Company"), through its wholly owned subsidiary Treasure Success International Limited, a Hong Kong company ("Treasure Success"), entered into a Joint Venture and Shareholder's Agreement (the "Agreement") with Newtech Textile (HK) Limited, a Hong Kong company ("Newtech") to establish a joint venture company in Hong Kong, Jerash Newtech (Hong Kong) Holdings Limited ("Jerash Newtech"), of which Treasure Success holds 51% of the equity interests and Newtech holds 49%. On August 20, 2025, Treasure Success and Newtech attended a meeting of shareholders of Jerash Newtech and resolved that Jerash Newtech had not commenced business since its incorporation and had no outstanding liabilities, and therefore, agreed to and authorized an application to be made for the deregistration of Jerash Newtech pursuant to Section 750 of the Hong Kong Companies Ordinance. The Agreement will be terminated upon the deregistration of Jerash Newtech.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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. JERASH HOLDINGS (US), INC. Date: August 21, 2025 By: / s / Choi Lin Hung Choi Lin Hung Chairman of the Board of Directors, Chief Executive Officer, President, and Treasurer 2