Huang Ximing Secures 51% Voting Control via Series B Preferred Stock
SEII filed a Ownership and Investor Activity on light trading volume (0.1× avg).
Summary
Huang Ximing received one share of Series B Preferred Stock granting him 51% voting control, cementing his authority as Chairman after the reverse merger.
Key Events · Ownership and Investor Activity · SEII
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Series B Preferred Stock Granted
Huang Ximing received one share of Series B Preferred Stock as compensation for serving as Chairman, giving him 51% voting power on all shareholder matters.
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Chairman Appointment
Non-Employee Director Agreement dated August 10, 2026, appoints Huang Ximing as Chairman for a three-year term, with the preferred share forfeited if he does not complete the term.
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Voting Control Consolidation
The Series B share's 51% vote, combined with his 65.6% common stock stake, gives Huang Ximing absolute control over corporate decisions.
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Certificate of Designation Filed
Certificate of Designation for Series B Preferred Stock was filed with Nevada on August 11, 2026, formalizing the share's voting rights.
Analysis · SEII · Technology
This amendment to Huang Ximing's Schedule 13D reveals he received one share of Series B Preferred Stock as compensation for becoming Chairman. That single share carries 51% of the vote on all shareholder matters, giving him absolute control over the company regardless of his 65.6% common stock stake. The grant was made under a Non-Employee Director Agreement dated August 10, 2026, with a three-year term. This consolidates his power following the reverse merger with Light Across, and the forfeiture clause means he must complete the full term to keep the share.
At the time of this filing, SEII was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $488.7K. The 52-week trading range was $0.00 to $0.00. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.