Eastern International is trading 6.49% down now at $0.66 after the company disclosed on August 28, 2026, that Chairman and CEO Albert Wong will purchase 200,000 Series B preferred shares for $200,000.
- Each share carries 100 votes and can convert into half an ordinary share, strengthening Wong’s control and potentially creating dilution concerns.
- The broader market is also lower, but the recent company-specific disclosure is the clearest catalyst.