Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 97

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 97
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 Company to the consulting firm as consideration for its business consulting services. The Company issued 20,000common shares valued at $ 1,131,200based on the fair market price of the Company’s common shares, at $ 56.6per share on October 3, 2023. For the year ended December 31, 2023, the Company recognized share-based compensation expenses of $ 1,131,200. On September 6, 2024, the Company entered into a consulting service agreement with Jaash Investment Limited (“Jaash Investment”), pursuant to which the Company agreed to issue 126,857common shares of the Company to the consulting firm as consideration for its business consulting services. The Company issued 126,857common shares valued at $ 2,067,766based on the market price of the Company’s common shares on September 6, 2024. For the year ended December 31, 2024, the Company recognized the related share-based compensation expenses of $ 2,067,766. F-27 RETO ECO-SOLUTIONS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 16 – SHAREHOLDERS’ EQUITY (continued) Acquisition of REIT Mingde On December 27, 2021, the Company entered into an acquisition agreement to acquire 100% equity interest in REIT Mingde and its subsidiaries from two unrelated parties for a consideration of $ 1,569,000(or RMB 10million). REIT Mingde, through its subsidiaries, is primarily engaged in providing roadside assistance services and software development services. The acquisition was completed on December 28, 2021. In lieu of cash consideration of RMB 10million, the Company issued an aggregate of 2,580common shares to the sellers, based on a price of $ 610per share and the exchange rate of RMB 6.39per USD 1 on February 22, 2022. Private Placements Private placement in 2022 On May 25, 2022, the Company issued 5,970common shares to Hainan Tashanshi Digital Information Co., Ltd. at $ 600per share for aggregate gross proceeds of $ 3,582,000. Private placement in 2023 On May 18, 2023, the Company entered into a securities purchase agreement. Pursuant to the agreement, the Company issued 20,000common shares