Mergers & Acquisitions ·
Sharing Economy International Inc. completed a reverse acquisition of Light Across, Inc., an electric vehicle…
SEIISharing Economy International Inc.
Sharing Economy International Inc. completed a reverse acquisition of Light Across, Inc., an electric vehicle engineering, design, and manufacturing company, on August 2, 2026. The Company issued 4,998,838,436 shares of common stock to acquire all outstanding shares of Light Across, representing 80% of the combined entity's post-transaction equity. CEO Ximing Huang acquired approximately 65.6% beneficial ownership, and CFO Johnny Chen acquired 11.5%. Light Across had $99,372 in cash and a stockholders' deficit of $(626,068) as of March 31, 2026. The company operates in the electric vehicle industry.