Monitor SEC Form 4 filings and trading volume for selling by Greentree and TriCore. The overhang may pressure the stock until the selling shareholders complete or disclose their sale plans.
Price Chart
Executive Summary
The SEC declared effective OFA Group's registration statement (File No. 333-296654) for the resale of up to 35,000,000 Class A Ordinary Shares issuable upon conversion of Series A Preferred Shares held by Greentree Financial Group and TriCore Foundation. This allows these selling shareholders to sell shares into the market, creating a potential overhang of roughly 3.5x current shares outstanding given the $10M market cap.
Key Facts
- Effectiveness date: June 24, 2026.
- Registration covers up to 35,000,000 Class A Ordinary Shares sold by Greentree Financial Group and TriCore Foundation.
- Shares are issuable upon conversion of Series A Preferred Shares with an aggregate stated value of $1,500,000 (already issued) and $500,000 (yet to be issued).
- Company market cap is approximately $10M, so the registered shares represent substantial potential dilution.
Financial Impact
Up to 35M shares eligible for sale, potentially tripling the public float; no new capital to the company.
Risk Factors
- Significant dilution if all registered shares are sold into the market.
- Potential for ongoing selling pressure from insiders converting and selling preferred shares.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-002109 |
| Document: 9999999995-26-002109-index.html | 9999999995-26-002109 |
| Document: 9999999995-26-002109.txt | 9999999995-26-002109 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 3 | $0.3829 | awaiting T+20 | — | $0.3340 (−12.77%) |
Oct 5, 2026 21d ago | 8-K | $0.4600 | awaiting T+20 | — | $0.3340 (−27.39%) |
Sep 25, 2026 4w ago | DEF 14A | $0.5370 $0.3273 | ▲ +39.05% | ▲ +39.02% | $0.3340 (+37.80%) |
Jun 25, 2026 17w ago | EFFECT | $0.1725 $0.1117 | ▲ +35.25% | ▲ +35.88% | $0.3340 (−93.62%) |
May 22, 2026 22w ago | 8-K | $0.2620 $0.1991 | ▼ −24.01% | ▼ −22.06% | $0.3340 (+27.48%) |
Apr 8, 2026 28w ago | 8-K | $0.5490 $0.7720 | ▲ +40.62% | ▲ +33.05% | $0.3340 (−39.16%) |
Apr 6, 2026 29w ago | 8-K | $0.5300 $0.7470 | ▲ +40.94% | ▲ +31.96% | $0.3340 (−36.98%) |
Mar 24, 2026 31w ago | EFFECT | $0.3900 $0.7130 | ▲ +82.82% | ▲ +73.92% | $0.3340 (−14.36%) |
Mar 23, 2026 31w ago | EFFECT | $0.3800 $0.6680 | ▲ +75.79% | ▲ +68.37% | $0.3340 (−12.11%) |
Mar 19, 2026 31w ago | F-1/A | $0.3850 $0.5870 | ▼ −52.47% | ▼ −43.15% | $0.3340 (+13.25%) |
US Market Status
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