Rectitude Holdings Ltd. (RECT) Form 6-K — Nov 2, 2026
Rectitude Holdings (Nasdaq: RECT) signed a Share Purchase Agreement on October 12, 2026 to acquire 100% of Singapore-based MR.BUTLER PTE. LTD., adding household goods repair and personal service activities to its portfolio. Consideration is 800,000 new Class A ordinary shares valued contractually at US$1.00 per share (US$800,000 aggregate), with a contractual holdback releasable six months post-completion and a one-year lock-up on issued shares. Separately, on October 17, 2026 Rectitude executed Business Migration Agreements with INOS Pte.
Key figures
- Deal Value Usd
- 800000
- Offering Price
- 1
- Par value usd
- 0.001
- Long stop date
- 2026-11-30
- Lockup period months
- 12
- Migration shares total
- 1000000
- Holdback release months
- 6
- Transition assistance days
- 90
- Butler consideration shares
- 800000
- Migration shares per seller
- 500000
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