# EDGAR Filing Document

**Accession Number:** 0002014254
**File Stem:** 0001213900-26-047537
**Filing Date:** 2026-4
**Character Count:** 31826
**Document Hash:** 31b3952a3ece27e08a7aca2d812038fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-047537.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001213900-26-047537

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**EFFECTIVENESS DATE**: 20260424

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FST Corp.
- **CENTRAL INDEX KEY:** 0002014254
- **STANDARD INDUSTRIAL CLASSIFICATION:** [3949]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-295311
- **FILM NUMBER:** 26894214

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** NO. 3, GONGYE 1ST RD., MINXIONG TOWNSHIP
- **CITY:** CHIAYI COUNTY
- **PROVINCE COUNTRY:** F5
- **BUSINESS PHONE:** 886-5-276-6171

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** NO. 3, GONGYE 1ST RD., MINXIONG TOWNSHIP
- **CITY:** CHIAYI COUNTY
- **PROVINCE COUNTRY:** F5

**As filed with the Securities and Exchange Commission on April 24, 2026**

**Registration No. 333-_______**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

---

| |
|:---|
| **FST Corp.** |
| ***(Exact name of registrant as specified in its charter)*** |

---

---

| | |
|:---|:---|
| **Cayman Islands** | **Not Applicable** |
| *(State or other jurisdiction of<br> incorporation or organization* | *(I.R.S. Employer<br> Identification Number)* |

---

---

| | |
|:---|:---|
| **No. 3, Gongye 1<sup>st</sup> Rd., Minxiong Township<br> Chiayi County Taiwan** | **621018** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**FST Corp. 2025 Omnibus Equity Incentive Plan**

*(Full Title of the Plan)*

**COGENCY GLOBAL INC.**

**122 East 42nd Street, 18th Floor**

**New York, NY 10168**

*(Name and Address of Agent for Service)*

**+1 (212) 947-7200**

*(Telephone number, including area code, of agent for service)*

Please send copies of all communications to:

Sean M. Donahue

Paul Hastings LLP

2050 M Street NW

Washington, DC 20036

Phone: +1-202-551-1700

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☐ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

This registration statement on Form S-8 ("Registration Statement") is being filed by FST Corp. (the "Registrant") to register a total of 6,714,900 ordinary shares, par value $0.0001 per share ("ordinary shares"), of the Registrant under the FST Corp. 2025 Omnibus Equity Incentive Plan (the "Plan").

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

The documents containing the information specified in "Item 1. Plan Information" and "Item 2. Registrant Information and Employee Plan Annual Information" of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the "Securities Act"). Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the "Commission") either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference**

The Registrant hereby incorporates by reference into this Registration Statement the following documents and information previously filed with the Securities and Exchange Commission (the "Commission"):

● The Registrant's Annual Report on [Form 20-F](https://www.sec.gov/ix?doc=/Archives/edgar/data/2014254/000121390026045612/ea0286486-20f_fstcorp.htm) for the fiscal year ended December 31, 2025, filed with the Commission on April 20, 2026;

● The description of the securities contained in Registrant's Annual Report on [Form 20-F](https://www.sec.gov/ix?doc=/Archives/edgar/data/2014254/000121390025044386/ea0242118-20f_fstcorp.htm) , filed with the Commission on May 15, 2025 (with respect to [Exhibit 2.3](https://www.sec.gov/Archives/edgar/data/2014254/000121390025044386/ea024211801ex2-3_fstcorp.htm)); and

● The Registrant's Form 6-K filed with the Commission on [August 20, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/2014254/000121390025078990/ea0254001-6k_fstcorp.htm) , [November 3, 2025](https://www.sec.gov/Archives/edgar/data/2014254/000121390025104784/ea0263168-6k_fstcorp.htm) , [November 12, 2025](https://www.sec.gov/Archives/edgar/data/2014254/000121390025109311/ea0265283-6k_fstcorp.htm) , [November 18, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/2014254/000121390025112122/ea0266170-6k_fstcorp.htm) , [December 10, 2025](https://www.sec.gov/Archives/edgar/data/2014254/000121390025120086/ea0269144-6k_fstcorp.htm) , [January 13, 2026](https://www.sec.gov/Archives/edgar/data/2014254/000121390026003593/ea0272639-6k_fstcorp.htm) , [February 12, 2026](https://www.sec.gov/ix?doc=/Archives/edgar/data/2014254/000121390026015199/ea0276760-6k_fstcorp.htm) , and [April 23, 2026](https://www.sec.gov/Archives/edgar/data/2014254/000121390026047087/ea0287510-6k_fst.htm) .

All documents, reports and definitive proxy or information statements filed pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents; provided, however, that documents, reports and definitive proxy or information statement, or portions thereof, which are furnished and not filed in accordance with the rules of the Commission shall not be deemed incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes that statement. Any such statement so modified or superseded shall not constitute a part of this Registration Statement, except as so modified or superseded.

**Item 4. Description of Securities**

Not applicable.

**Item 5. Interests of Named Experts and Counsel**

Not applicable.

**Item 6. Indemnification of Directors and Officers**

Cayman Islands law does not limit the extent to which a company's articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against civil fraud or the consequences of committing a crime.

Company's current effective articles of association provide that each director (including an alternate director), secretary, other officers and their respective personal representatives shall be indemnified and secured harmless against all actions, proceedings, costs, charges, expenses, losses, damages and liabilities incurred or sustained by such persons, other than by reason of such person's own dishonesty, willful default or fraud, in or about the conduct of Company's business or affairs (including as a result of any mistake of judgement) or in the execution or discharge of his duties, powers, authorities or discretions, including without prejudice to the generality of the foregoing, any costs, expenses, losses or liabilities incurred by such persons in defending (whether successfully or otherwise) any civil proceedings concerning Company or its affairs in any court whether in the Cayman Islands or elsewhere.

**Item 7. Exemption from Registration Claimed**

Not applicable.

**Item 8. Exhibits**

---

| | |
|:---|:---|
| **Exhibit <br> Number** | **Description** |
| 4.1 | [FST Corp. 2025 Omnibus Equity Incentive Plan (incorporated herein by reference to Exhibit 99.4 to the Registrant's Report on Form 6-K filed with the Commission on November 12, 2025).](https://www.sec.gov/Archives/edgar/data/2014254/000121390025109311/ea026528301ex99-2_fstcorp.htm#Annex_001) |
| 4.2 | [Amended and Restated Memorandum and Articles of Association (incorporated herein by reference to Exhibit 1.1 to the Registrant's Annual Report on Form 20-F filed with the Commission on May 15, 2025).](https://www.sec.gov/Archives/edgar/data/2014254/000121390024102810/ea0201404-14.htm#T102) |
| 5.1\* | [Opinion of Ogier, Cayman Islands counsel to the Registrant, regarding the legality of the ordinary shares being registered.](ea028750201ex5-1.htm) |
| 23.1\* | [Consent of Ogier (included in Exhibit 5.1).](ea028750201ex5-1.htm) |
| 23.2\* | [Consent of Enrome LLP, Independent Registered Public Accounting Firm.](ea028750201ex23-2.htm) |
| 24.1\* | [Powers of Attorney (included in signature page hereto).](#k_001) |
| 107\* | [Filing Fee Table.](ea028750201ex-fee.htm) |

---

\* Filed herewith

**Item 9. Undertakings.**

A. The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;1. To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement.

<u>provided</u>, <u>however</u>, that paragraphs (a)(1)(i) and (a)(1)(ii) herein do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act (15 U.S.C. 78m or 78o(d)) that are incorporated by reference in the registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;2. That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;3. To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

C. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Taiwan.

---

| | | |
|:---|:---|:---|
|  | **FST Corp.,**<br> a Cayman Islands exempted company | **FST Corp.,**<br> a Cayman Islands exempted company |
| Dated: April 24, 2026 | By: | /s/ David Chuang |
|  | Name: | David Chuang |
|  | Title: | Chief Executive Officer |

---

**POWER OF ATTORNEY AND SIGNATURE**

Know All Persons By These Presents, that each person whose signature appears below appoints David Chuang as his or her true and lawful attorney-in-fact and agent, with full power of substitution, for him or her and in his or her name, place and stead, to sign any amendment (including post-effective amendments) to this registration statement (or any other registration statement for the same offering that is to be effective upon filing pursuant to Rule 462(b) under the Securities Act of 1933), and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Commission, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he may do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or any of them, or of his substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ David Chuang | Chief Executive Officer and | April 24, 2026 |
| David Chuang | Chairman of the Board of Directors |  |
|  | (*Principal Executive Officer*) |  |
| /s/ Sebastian Tadla | Chief Financial Officer | April 24, 2026 |
| Sebastian Tadla | *(Principal Financial Officer and<br> Principal Accounting Officer)* |  |
| /s/ Kerry Lin Liu | Director | April 24, 2026 |
| Kerry Lin Liu |  |  |
| /s/ Shintaro Tanahara | Director | April 24, 2026 |
| Shintaro Tanahara |  |  |
| /s/ Nick Pin-Chia Chen | Director | April 24, 2026 |
| Nick Pin-Chia Chen |  |  |
| /s/ Alan Yu-Cheng Li | Director | April 24, 2026 |
| Alan Yu-Cheng Li |  |  |
| /s/ Huoy-Ming Yeh | Director | April 24, 2026 |
| Huoy-Ming Yeh |  |  |
| /s/ Houston Li | Director | April 24, 2026 |
| Houston Li |  |  |

---

**SIGNATURE OF AUTHORIZED U.S. REPRESENTATIVE OF THE REGISTRANT**

Pursuant to the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of FST Corp., has signed this registration statement in the City of New York, State of New York, on April 24, 2026.

---

| |
|:---|
| /s/ Colleen A. De Vries |
| Colleen A. De Vries |
| Senior Vice-President on behalf of Cogency Global Inc. |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ea028750201ex5-1img1.jpg)

---

| | | |
|:---|:---|:---|
| **FST Corp.** | D: | +852 3656 6054 / |
| c/o - Ogier Global (Cayman) Limited |  | +852 3656 6061 |
| 89 Nexus Way, Camana Bay | E: | nathan.powell@ogier.com / |
| Grand Cayman, KY1-9009 |  | florence.chan@ogier.com |
| Cayman Islands |  |  |
|  | Reference: | FYC/AGC/513817.00002 |
|  |  | 24 April 2026 |

---

Dear Sirs

**FST Corp. (the Company)**

We have acted as Cayman Islands counsel to the Company in connection with the Company's registration statement on Form S-8, including all amendments and supplements thereto (the **Form S- 8**), as filed with the United States Securities and Exchange Commission (the **Commission**) under the United States Securities Act of 1933, as amended (the **Act**) on or about the date hereof. The Form S-8 relates to the registration under the Act of the ordinary shares of par value of US$0.0001 each to be issued by the Company pursuant to the Equity Incentive Plan of the Company as approved by the board of directors of the Company and the shareholders of the Company (the **Equity Incentive Plan**).

Unless a contrary intention appears, all capitalised terms used in this opinion have the respective meanings set forth in the Documents (as defined below). A reference to a Schedule is a reference to a schedule to this opinion and the headings herein are for convenience only and do not affect the construction of this opinion.

1 Documents examined

For the purposes of giving this opinion, we have examined originals, copies, or drafts of the following documents (the **Documents**):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 certificate of incorporation of the Company dated 24 November 2023 issued by the Registrar
 of Companies of the Cayman Islands (the **Registrar**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 amended and restated memorandum and articles of association of the Company as adopted by
 special resolutions of the Company passed on 27 December 2024 (the **Memorandum** and **Articles**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 register of directors and officers of the Company dated 21 January 2025 (the **ROD**);

---

| | | | |
|:---|:---|:---|:---|
| **Ogier** |  |  |  |
| Providing advice on British Virgin Islands, |  |  |  |
| Cayman Islands and Guernsey laws |  |  |  |
|  | **Partners** |  |  |
| Floor 11 Central Tower | Nicholas Plowman | Yuki Yan |  |
| 28 Queen's Road Central Central | Nathan Powell | David Lin |  |
| Hong Kong | Anthony Oakes | Alan Wong |  |
| T +852 3656 6000 | Oliver Payne | Janice Chu |  |
| F +852 3656 6001 | Kate Hodson | Zhao Rong Ooi |  |
| **ogier.com** | David Nelson | Rachel Huang\*\* |  |
|  | Justin Davis | Florence Chan\*<sup>‡</sup> | \* admitted in New Zealand |
|  | Joanne Collett | Richard Bennett\*\*<sup>‡</sup> | \*\* admitted in England and Wales |
|  | Dennis Li | James Bergstrom<sup>‡</sup> | ‡ not ordinarily resident in Hong Kong |
|  | Cecilia Li |  |  |

---

Page **2** of **4**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 shareholder list of the Company as at 31 March 2026 provided to us on 14 April 2026 (the **ROM**, and together with the ROD, the **Registers**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the
 minutes of the board of directors of the Company held on 29 July 2025 approving, among other
 things, the Company's adoption of Equity Incentive Plan (the **Board Resolution**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the
 minutes of annual general meeting of the Company held on 8 December 2025 approving, among
 other things, the Company's adoption of the Equity Incentive Plan (the **Shareholder Resolution**,
 together with the Board Resolution, the **Reviewed Resolutions**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the
 certificate from a director of the Company dated 15 April 2026 as to certain matters of fact
 (the **Director's Certificate**);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) the
 Form S-8; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 Equity Incentive Plan as exhibited to the Form S-8.

2 Assumptions

In giving this opinion we have relied upon the assumptions set forth in this paragraph 2 without having carried out any independent investigation or verification in respect of those assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all
 original documents examined by us are authentic and complete;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all
 copy documents examined by us (whether in facsimile, electronic or other form) conform to
 the originals and those originals are authentic and complete;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) all
 signatures, seals, dates, stamps and markings (whether on original or copy documents) are
 genuine;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) each
 of the Registers, the Director's Certificate and the Equity Incentive Plan is accurate, complete
 and up-to-date (as the case may be) as at the date of this opinion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the
 Memorandum and Articles provided to us are in full force and effect and have not been amended,
 varied, supplemented or revoked in any respect;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) all
 copies of the Form S-8 are true and correct copies and the Form S-8 conforms in every material
 respect to the latest drafts of the same produced to us and, where the Form S-8 has been
 provided to us in successive drafts marked to show changes from a previous draft, all such
 changes have been accurately marked;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the
 Reviewed Resolutions have been duly passed in accordance with the Company's articles of association
 then in effect and remains in full force and effect;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) each
 of the directors of the Company has acted in good faith with a view to the best interests
 of the Company and has exercised the standard of care, diligence and skill that is required
 of him or her in approving the Equity Incentive Plan, and no director has a financial interest
 in or other relationship to a party of the transactions contemplated by the Equity Incentive
 Plan which has not been properly disclosed in the Board Resolutions;

Page **3** of **4**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) neither
 the directors and shareholders of the Company have taken any steps to wind up the Company
 or to appoint a liquidator of the Company and no receiver or restructuring officer has been
 appointed over any of the Company's property or assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) the
 maximum number of shares which the Company is required to issue under the Equity Incentive
 Plan to fulfil its obligation (the **ESOP Shares**) will not exceed the Company's authorised
 share capital then in place;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) the
 consideration payable for each ESOP Share shall be no less than the par value of the ESOP
 Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) there
 is nothing under any law (other than the laws of the Cayman Islands), that would or might
 affect the opinions herein.

---

| | |
|:---|:---|
| 3 | Opinions |

---

On the basis of the examination of the Documents and assumptions referred to above and subject to the limitations and qualifications set forth in paragraph 4 below, we are of the opinion that:

**Authorised Share Capital**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 authorised share capital of the Company is US$50,000 divided into 500,000,000 ordinary shares
 of par value US$0.0001 each.

**Valid Issuance of ESOP Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The
 ESOP Shares to be issued under the Equity Incentive Plan have been duly authorised by all
 necessary corporate actions of the Company under the Memorandum and Articles and, upon the
 issuance and delivery of the ESOP Shares in accordance with the Memorandum and Articles,
 the Reviewed Resolutions and the terms of the Equity Incentive Plan, and once consideration
 of not less than the par value per ESOP Share is fully paid in accordance with the Equity
 Incentive Plan to the Company, the ESOP Shares will be validly issued, fully paid and non-assessable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Once
 the register of members of the Company has been updated to reflect the issuance of the ESOP
 Shares, the shareholders recorded in the register of members of the Company will be deemed
 to have legal title to the shares of the Company set out against their respective name.

4 Limitations and Qualifications

4.1 We
 offer no opinion:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) as
 to any laws other than the laws of the Cayman Islands, and we have not, for the purposes
 of this opinion, made any investigation of the laws of any other jurisdiction, and we express
 no opinion as to the meaning, validity, or effect of references in the Equity Incentive Plan
 to statutes, rules, regulations, codes or judicial authority of any jurisdiction other than
 the Cayman Islands; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) except
 to the extent that this opinion expressly provides otherwise, as to the commercial terms
 of, or the validity, enforceability or effect of the Form S-8, the accuracy of representations,
 the fulfilment of warranties or conditions, the occurrence of events of default or terminating
 events or the existence of any conflicts or inconsistencies among the Form S-8 and any other
 agreements into which the Company may have entered or any other documents.

Page **4** of **4**

4.2 Under
 the Companies Act (Revised) (**Companies Act**) of the Cayman Islands annual returns in
 respect of the Company must be filed with the Registrar of Companies in the Cayman Islands,
 together with payment of annual filing fees. A failure to file annual returns and pay annual
 filing fees may result in the Company being struck off the Register of Companies, following
 which its assets will vest in the Financial Secretary of the Cayman Islands and will be subject
 to disposition or retention for the benefit of the public of the Cayman Islands.

5 Governing law of this opinion

5.1 This
 opinion is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) governed
 by, and shall be construed in accordance with, the laws of the Cayman Islands;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) limited
 to the matters expressly stated in it; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) confined
 to, and given on the basis of, the laws and practice in the Cayman Islands at the date of
 this opinion.

5.2 Unless
 otherwise indicated, a reference to any specific Cayman Islands legislation is a reference
 to that legislation as amended to, and as in force at, the date of this opinion.

---

| | |
|:---|:---|
| 6 | Reliance |

---

We hereby consent to the filing of this opinion as an exhibit to the Form S-8.

This opinion may be used only in connection with the Form S-8 while the Equity Incentive Plan is effective.

Yours faithfully

/s/ Ogier

**Ogier**

## Exhibit 23.2

**Exhibit 23.2**

![](ea028750201ex23-2img1.jpg)

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 of FST Corp. and its subsidiaries (the "Company") of our report dated on April 15, 2026, relating to the consolidation of financial statements, which appears in this annual report on Form 20-F of the Company for the year ended December 31, 2024 and 2025.

/s/ Enrome LLP

April 24, 2026

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| | | |
|:---|:---|:---|
| **Enrome LLP** | 143 Cecil Street, #19-03/04 | admin@enrome-group.com |
|  | GB Building Singapore 069542 | www.enrome-group.com |

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## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**FST Corp.**

**Table 1: Newly Registered Securities**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| Equity | Ordinary shares, par value $0.0001 per share | (1) | Other | 6714900 | $1.2450 | $8360050.50 | 0.0001381 | $1154.60 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $8360050.50 |  | 1154.60 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $1154.60 |

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**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Represents 6,714,900 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), reserved for issuance under the FST Corp. 2025 Omnibus Equity Incentive Plan (the "Plan"). Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement also covers an indeterminate number of additional Ordinary Shares that may be offered or issued under the Plan by reason of stock splits, stock dividends or similar transactions. Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, based on the average of the high and low prices of the Registrant's Ordinary Shares as reported on the Nasdaq Global Market on April 20, 2026, a date within five business days prior to the filing of this Registration Statement.