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Stock impact report

ReTo Eco-Solutions, Inc. Announces Acquisition of Majority Interest in Seven Arrows Supply Chain Limited [Yahoo! Finance]

ReTo Eco-Solutions, Inc. - Common Shares (RETO) 
Company Research Source: Yahoo! Finance
construction materials and intelligent equipment in China, today announced that it has closed the acquisition of 51% equity interest in Seven Arrows Supply Chain Limited, a British Virgin Islands exempted company ("Seven Arrows"). Through its wholly owned subsidiary, Hainan Seven Arrows Supply Chain Co., Ltd. , S even Arrows is primarily engaged in craft beer supply chain management and distribution in China. The acquisition was completed through a share exchange agreement, dated February 27, 2026, by and among the Company, Seven Arrows, and the shareholder of Seven Arrows ("Seller"), with ReTo issuing to Seller 8,670,000 Class A shares as consideration, at a per share price of $1.00, for a total transaction value of $8,670,000. We believe this transaction marks a strategic step in expanding ReTo's footprint in the intelligent beer vending equipment sector. Following the acquisition, ReTo's proprietary smart craft beer vending machines are expected to be deployed through Seven Arr Show less Read more
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