Acquisition by way of incorporation of a foreign wholly owned subsidiary under the name and style of Earkart Inc. in state of of Delaware.
Price
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Awaiting price reaction for this filing.
Earkart Limited has set up a 100% wholly owned subsidiary called 'Earkart Inc.' in Delaware, USA, with the Certificate of Incorporation filed on January 20, 2026. The U.S. subsidiary received its Employer Identification Number (EIN) on February 20, 2026, and the company was allotted 1,000 common shares at $0.1 par value (~$100 total). Earkart Inc. will focus on building a remote audiology and hearing-care platform in the U.S., including hearing tests, audiology services, hearing aid sales, and related digital health solutions. The move is aimed at expanding the parent company's business into the United States market. No related-party transaction is involved since this is a new entity.
This is a small-scale, early-stage international expansion step — the capital deployed is minimal (~$100), but it signals management's intent to enter the U.S. hearing-care market. For shareholders, the long-term value depends on how much actual capital Earkart eventually invests in and scales this subsidiary; near-term impact on stock price is likely neutral.