Welcome to our dedicated page for FST SEC filings (Ticker: KBSX), 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.
FST Corp. (NASDAQ: KBSX) files reports with the U.S. Securities and Exchange Commission as a foreign private issuer, providing investors with detailed information on its golf shaft and golf-related business. This page aggregates the company’s SEC filings, including Form 20-F annual reports and Form 6-K current reports, and pairs them with AI-powered tools that help explain the content of each document in clear language.
Recent Form 6-K filings from FST Corp. describe the release of unaudited condensed consolidated financial statements and management’s discussion and analysis for the six- and nine-month periods ended June 30 and September 30, 2025. These filings offer insight into revenue trends in steel and graphite golf shafts, gross margin performance, operating expenses, and cash flows, as well as management’s narrative on factors affecting results. Other 6-Ks cover governance matters, such as the notice and results of the Annual General Meeting of Shareholders and the approval of the FST Corp. 2025 Equity Incentive Plan.
On this page, users can access FST Corp.’s periodic and current reports as they are posted to EDGAR, along with any exhibits such as financial statements and MD&A. AI-powered summaries highlight key points from lengthy filings, helping readers understand topics like operating performance, liquidity, and strategic initiatives without reading every line. For investors tracking corporate actions, this page also provides a pathway to monitor information that may appear in other SEC forms, including disclosures related to equity compensation plans and governance.
By centralizing FST Corp.’s SEC reporting history and adding AI explanations, this filings hub helps investors, analysts, and interested golf industry observers interpret the company’s regulatory disclosures more efficiently.
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. 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 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. 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. furnished a Form 6-K to provide investors with its unaudited condensed consolidated financial statements and related analysis for the six months ended June 30, 2025. The filing states that the interim financial statements and the management’s discussion and analysis of financial condition and results of operations are included as exhibits and incorporated by reference. This gives readers a detailed view of the company’s mid‑year financial performance and key business trends in a single package.