Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 45

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 2
Chunk 45
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ao Lee, who previously served in those roles, transitioned to the newly created position of General Manager of Top Kontrol. Mr. Lee’s responsibilities now focus exclusively on advancing the development and 

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commercialization of the Top Kontrol product line. Mr. Sitra will oversee SecureTech’s enterprise-level operations, business strategy, and execution.

Completion of Phase 1 of Share Reduction Program (55% Reduction in Common Shares)

On February 14, 2025, the Company completed Phase 1 of its strategic share reduction initiative by canceling 43,100,000 shares of common stock, reducing the number of issued and outstanding shares by approximately 55%. Management believes this reduction is a material enhancement to SecureTech’s capital structure and shareholder value. Phase 2 of the Share Reduction Program is anticipated to be completed within fiscal year 2025, with the goal of reducing the total number of issued and outstanding common shares to under 20 million.

Completed Landmark Acquisition of Aiultraprod Group Limited and Subsidiaries

On June 23, 2025, through its wholly owned subsidiary AI UltraProd, Inc., SecureTech acquired 100% of the equity interests of Aiultraprod Group Limited, a Hong Kong limited liability company. As part of this acquisition, SecureTech also assumed indirect majority ownership in two operating subsidiaries, Zhejiang Jizhu Technology Co., Ltd. and Jizhu Technology (Huzhou) Co., Ltd., each a limited liability company organized under the laws of the People’s Republic of China.

Key highlights of this transaction include:

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FY2024 Revenue (audited): US$2.9 million

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Technology Differentiation: AI-powered industrial 3D printing systems that deliver scalable, high-precision manufacturing solutions.

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Intellectual Property Portfolio: 24 issued patents, one pending patent, and 20 patent applications in progress.

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Growth Strategy: SecureTech intends to pursue aggressive expansion of AI UltraProd operations, including a potential spin-off and uplisting to the NASDAQ Capital Market as a standalone public company, subject to applicable regulatory approvals and market conditions.

Uplisting to OTCQB Venture Market

On August 1, 2025, SecureTech’s common stock commenced trading on the OTCQB® Venture Market under the ticker symbol “SCTH”. The OTCQB is recognized by the SEC as an established public market and serves as the initial tier for early-stage and emerging growth