Welcome to our dedicated page for FST SEC filings (Ticker: FSTWF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The FST CORP RED WTS (FSTWF) SEC filings page focuses on the regulatory reports of FST Corp., a Cayman Islands exempted company limited by shares that files as a foreign private issuer on Form 20-F. These filings, primarily on Form 6-K, provide detailed information about the company associated with the FSTWF warrants.
FST Corp.’s Form 6-K current reports include descriptions of a Business Combination Agreement among Chenghe Acquisition I. Co. (a SPAC), FST Corp., FST Merger Ltd., and Femco Steel Technology Co., Ltd. The filings explain how FST Merger Ltd. merged with and into the SPAC, with the SPAC surviving as a direct, wholly owned subsidiary of FST Corp. and changing its name to "FST Ltd." Another Form 6-K includes the Share Forward Agreement and an amendment to that agreement, outlining a prepaid share forward transaction involving up to 3,000,000 Class A ordinary shares of the SPAC or ordinary shares of FST Corp., and defining the Initial Price, Prepayment Amount, Commitment Shares, Number of Shares, and the Valuation or Maturity Date.
Other filings provide unaudited condensed consolidated financial statements and management’s discussion and analysis for specified periods, together with Inline XBRL exhibits. Governance-related filings cover the notice and proxy materials for an Annual General Meeting of Shareholders and the results of that meeting, including shareholder approval of the FST Corp. 2025 Equity Incentive Plan.
FST Corp. has also filed a Form 6-K describing the termination of KPMG Taiwan as its independent registered public accounting firm, the appointment of Enrome LLP, and the material weaknesses in internal controls that were identified and addressed through corrective measures. On this page, users can access these SEC documents, while AI-powered tools can help summarize long reports, highlight key terms in agreements, and clarify the implications of financial and governance disclosures for the company connected to FSTWF.
FST Corp. director Li Houston Jesse has filed an initial Form 3, which is the required statement of beneficial ownership for new insiders. The data provided shows no reportable transactions, share purchases, sales, or derivative holdings at this time.
FST Corp. director Li Houston Jesse has filed an initial Form 3, which is the required statement of beneficial ownership for new insiders. The data provided shows no reportable transactions, share purchases, sales, or derivative holdings at this time.
FST Corp. reports a change in its board leadership. On April 16, 2026, independent director Richard Qi Li resigned from the Board of Directors, and the company states he reported no disagreements regarding operations, policies, or practices.
The Board simultaneously appointed Houston Li as a new independent director to fill the vacancy. He brings investment banking and capital markets experience from roles at CBC Securities, Chenghe Acquisition III Co., Campbell Lutyens, and Morgan Stanley, and holds a Brown University degree in Applied Mathematics-Economics.
Existing independent director Huoy-Ming Yeh was appointed to the Audit Committee and the Nominating and Corporate Governance Committee, replacing Richard Li on both. The company entered into its standard-form indemnity agreement with Houston Li and confirms there are no related party transactions requiring disclosure under Item 7.B of Form 20-F.
FST Corp. reports a change in its board leadership. On April 16, 2026, independent director Richard Qi Li resigned from the Board of Directors, and the company states he reported no disagreements regarding operations, policies, or practices.
The Board simultaneously appointed Houston Li as a new independent director to fill the vacancy. He brings investment banking and capital markets experience from roles at CBC Securities, Chenghe Acquisition III Co., Campbell Lutyens, and Morgan Stanley, and holds a Brown University degree in Applied Mathematics-Economics.
Existing independent director Huoy-Ming Yeh was appointed to the Audit Committee and the Nominating and Corporate Governance Committee, replacing Richard Li on both. The company entered into its standard-form indemnity agreement with Houston Li and confirms there are no related party transactions requiring disclosure under Item 7.B of Form 20-F.
FST Corp. files its annual Form 20-F, outlining a transformed structure and key risks. The Cayman Islands holding company now fully owns Taiwan-based Femco after completing a business combination with SPAC Chenghe and a Share Transfer Agreement, and had 44,766,003 ordinary shares outstanding as of December 31, 2025.
For 2025, FST recorded a net loss of about $1.50 million and operating cash outflows of about $1.00 million, highlighting liquidity pressure amid high leverage and ongoing funding needs. Management notes it expects to need additional capital beyond the next twelve months and may sell non-core assets or issue new debt or equity.
The report emphasizes reliance on the KBS golf shaft brand, exposure to discretionary consumer spending, intense competition, tariff and trade policy uncertainty, and significant geopolitical risk linked to Taiwan–China tensions. FST also discloses two material weaknesses in internal control over financial reporting—insufficient financial reporting resources and limited U.S. GAAP expertise—and outlines remediation steps, warning that continued deficiencies could affect reporting accuracy, investor confidence, and market access.
FST Corp. files its annual Form 20-F, outlining a transformed structure and key risks. The Cayman Islands holding company now fully owns Taiwan-based Femco after completing a business combination with SPAC Chenghe and a Share Transfer Agreement, and had 44,766,003 ordinary shares outstanding as of December 31, 2025.
For 2025, FST recorded a net loss of about $1.50 million and operating cash outflows of about $1.00 million, highlighting liquidity pressure amid high leverage and ongoing funding needs. Management notes it expects to need additional capital beyond the next twelve months and may sell non-core assets or issue new debt or equity.
The report emphasizes reliance on the KBS golf shaft brand, exposure to discretionary consumer spending, intense competition, tariff and trade policy uncertainty, and significant geopolitical risk linked to Taiwan–China tensions. FST also discloses two material weaknesses in internal control over financial reporting—insufficient financial reporting resources and limited U.S. GAAP expertise—and outlines remediation steps, warning that continued deficiencies could affect reporting accuracy, investor confidence, and market access.
FST Corp. filed a Form 6-K presenting unaudited 2025 results. Full-year revenue rose to $47,968,742 from $36,499,644, and fourth-quarter revenue increased to $13,220,371 from $10,142,024, driven by higher business volume and growth at KBS Graphite.
Despite higher sales, the Company’s net loss widened to $7,163,554 from $3,235,175, and total equity fell to $9,511,497 from $22,998,274. Current assets were $27,481,480 versus current liabilities of $34,654,454 as of December 31, 2025, indicating a strained short-term balance sheet.
Cash, cash equivalents and restricted cash increased to $7,338,665, helped by net bank borrowing inflows, although operating activities used $369,452 of cash. Management states that existing liquidity, operating cash flows and credit facilities are expected to fund requirements for the next 12 months and notes anticipated foreign exchange volatility into 2026.
FST Corp. filed a Form 6-K presenting unaudited 2025 results. Full-year revenue rose to $47,968,742 from $36,499,644, and fourth-quarter revenue increased to $13,220,371 from $10,142,024, driven by higher business volume and growth at KBS Graphite.
Despite higher sales, the Company’s net loss widened to $7,163,554 from $3,235,175, and total equity fell to $9,511,497 from $22,998,274. Current assets were $27,481,480 versus current liabilities of $34,654,454 as of December 31, 2025, indicating a strained short-term balance sheet.
Cash, cash equivalents and restricted cash increased to $7,338,665, helped by net bank borrowing inflows, although operating activities used $369,452 of cash. Management states that existing liquidity, operating cash flows and credit facilities are expected to fund requirements for the next 12 months and notes anticipated foreign exchange volatility into 2026.
FST Corp. reported that it amended a prepaid share forward agreement related to its business combination with Chenghe Acquisition I. Co. The original Share Forward Agreement, signed on December 27, 2024, permits the sellers, Harraden Circle Investors, LP and Harraden Circle Special Opportunities, LP, to sell up to 3,000,000 Class A ordinary shares, with an initial price based on the applicable redemption price, and included 100,000 commitment shares settled at closing.
On January 9, 2026, the company entered into Amendment No. 1, changing the Valuation Date or Maturity Date from 12 months to 24 months after the closing of the business combination, while ratifying all other terms. The sellers also waived their redemption rights for these shares in connection with the business combination, except following specified Additional Termination Events.
FST Corp. reported the results of its Annual General Meeting of Shareholders held on December 8, 2025. Shareholders approved the company’s 2025 Equity Incentive Plan, which is designed to grant equity-based awards to eligible participants. At the record date of October 28, 2025, there were 44,766,003 ordinary shares outstanding, each with one vote. At the meeting, 35,661,357 ordinary shares were represented in person or by proxy, providing a quorum. The 2025 Plan Proposal passed with 35,658,358 votes in favor, 2,999 votes against, and no abstentions, indicating very strong shareholder support for continuing to use equity incentives in the company’s compensation and retention programs.
FST Corp. reported the results of its Annual General Meeting of Shareholders held on December 8, 2025. Shareholders approved the company’s 2025 Equity Incentive Plan, which is designed to grant equity-based awards to eligible participants. At the record date of October 28, 2025, there were 44,766,003 ordinary shares outstanding, each with one vote. At the meeting, 35,661,357 ordinary shares were represented in person or by proxy, providing a quorum. The 2025 Plan Proposal passed with 35,658,358 votes in favor, 2,999 votes against, and no abstentions, indicating very strong shareholder support for continuing to use equity incentives in the company’s compensation and retention programs.
FST Corp., a Taiwan-based foreign private issuer, has furnished its unaudited condensed consolidated financial statements for the nine months ended September 30, 2025 through a Form 6-K filing. The submission includes both the financial statements and a management’s discussion and analysis of financial condition and results of operations, allowing readers to review the company’s performance over this nine‑month period.
FST Corp., a Taiwan-based foreign private issuer, has furnished its unaudited condensed consolidated financial statements for the nine months ended September 30, 2025 through a Form 6-K filing. The submission includes both the financial statements and a management’s discussion and analysis of financial condition and results of operations, allowing readers to review the company’s performance over this nine‑month period.
FST Corp. filed a Form 6-K stating it will hold an Annual General Meeting of Shareholders on Monday, December 8, 2025, at 10:00 a.m., Eastern Time.
The filing includes the Notice of Meeting (Exhibit 99.1), Proxy Statement (Exhibit 99.2), Proxy Card (Exhibit 99.3), and the FST Corp. 2025 Equity Incentive Plan (included as Annex A to Exhibit 99.2 and also listed as Exhibit 99.4). These materials are incorporated by reference and provide the formal documents for meeting procedures and shareholder voting.
FST Corp. filed a Form 6-K stating it will hold an Annual General Meeting of Shareholders on Monday, December 8, 2025, at 10:00 a.m., Eastern Time.
The filing includes the Notice of Meeting (Exhibit 99.1), Proxy Statement (Exhibit 99.2), Proxy Card (Exhibit 99.3), and the FST Corp. 2025 Equity Incentive Plan (included as Annex A to Exhibit 99.2 and also listed as Exhibit 99.4). These materials are incorporated by reference and provide the formal documents for meeting procedures and shareholder voting.
FST Corp. reported an auditor change. On October 28, 2025, the Audit Committee dismissed KPMG Taiwan as the independent registered public accounting firm and approved the engagement of Enrome LLP for the fiscal year ended December 31, 2025, subject to Enrome’s client acceptance and engagement procedures.
The company states there were no disagreements with KPMG Taiwan on accounting principles, disclosure, or audit scope and no reportable events, except previously disclosed material weaknesses tied to errors in 2023 related to deferred income taxes and initial offering process expenses. KPMG Taiwan’s audit report for 2024 carried no adverse opinion, disclaimer, or qualifications. FST outlines remediation steps: enhanced US GAAP training, engaging external consultants to refine tax recognition and reconciliations, and restructuring period-end closing with multi-level reviews. A KPMG Taiwan letter regarding these disclosures is filed as Exhibit 16.1.