SHARING ECONOMY INTERNATIONAL INC. to acquire Light Across, Inc.

SHARING ECONOMY INTERNATIONAL INC. has agreed to acquire Light Across, Inc. in a strategic acquisition. The transaction was announced and completed on 2 August 2026. Both the buyer and the target are based in the United States. The deal involves the issuance of shares as the primary form of consideration. The specific financial value of the transaction has not been disclosed to the public. Light Across, Inc. operates within the broader Other sector. This acquisition represents a significant step for Sharing Economy International Inc. as it expands its portfolio through the addition of Light Across, Inc. to its existing business operations. The management teams of both entities have worked to finalise the terms of the agreement within a very short timeframe, given the simultaneous announcement and completion dates.

The integration of Light Across, Inc. into Sharing Economy International Inc. marks the conclusion of the acquisition process. Regulatory approvals and other standard closing conditions were satisfied to allow the deal to proceed without delay. The transaction is now fully completed and effective. Shareholders of Light Across, Inc. will receive shares in the acquiring company as part of the deal structure. This move aligns with the strategic goals of Sharing Economy International Inc. to grow its market presence. The combined entity will continue to operate under the established frameworks of both companies. No further actions are required to finalise the legal transfer of ownership. The deal stands as a completed transaction in the current market landscape.