{"filing":{"accession_number":"0001213900-26-068383","cik":"0002110423","ticker":"DTSS","company_name":"Datasea Intelligent Technology Ltd.","form":"6-K","filing_date":"2026-06-12","report_date":null,"primary_document":"ea0294632-6k_datasea.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2110423/000121390026068383/ea0294632-6k_datasea.htm"},"events":[{"id":12167,"run_id":10729,"accession_number":"0001213900-26-068383","anchor_item_number":"EX-99.1","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"This exhibit is a patent asset purchase agreement dated June 5, 2026, between Tianjin Qianli Culture Media Co., Ltd. (Party A) and Tianjin Information Sea Information Technology Co., Ltd. (Party B, a wholly owned subsidiary of DTSS). The agreement contemplates DTSS issuing Class A ordinary shares valued at RMB 7,000,000 (approximately USD equivalent) to two designated natural persons (Yang Zhaobing and Lü Hongwei) as consideration for the patent transfer. The agreement explicitly caps the issuance at 19.99% of DTSS's pre-issuance shares to avoid triggering Nasdaq's 20% shareholder approval rule, and each recipient is capped at 9.99% beneficial ownership. This is a classic dilutive equity issuance—unregistered restricted securities issued to third parties in exchange for assets, structured to avoid shareholder approval thresholds. The transaction is material to investors as it represents a significant equity dilution and capital raise mechanism.","company_name":"Datasea Intelligent Technology Ltd.","ticker":"DTSS","filing_date":"2026-06-12","form":"6-K","submitted_at":null,"items":[{"id":8951,"accession_number":"0001213900-26-068383","item_number":"EX-99.1","item_title":"ea029463201ex99-1.htm","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"This exhibit is a patent asset purchase agreement dated June 5, 2026, between Tianjin Qianli Culture Media Co., Ltd. (Party A) and Tianjin Information Sea Information Technology Co., Ltd. (Party B, a wholly owned subsidiary of DTSS). The agreement contemplates DTSS issuing Class A ordinary shares valued at RMB 7,000,000 (approximately USD equivalent) to two designated natural persons (Yang Zhaobing and Lü Hongwei) as consideration for the patent transfer. The agreement explicitly caps the issuance at 19.99% of DTSS's pre-issuance shares to avoid triggering Nasdaq's 20% shareholder approval rule, and each recipient is capped at 9.99% beneficial ownership. This is a classic dilutive equity issuance—unregistered restricted securities issued to third parties in exchange for assets, structured to avoid shareholder approval thresholds. The transaction is material to investors as it represents a significant equity dilution and capital raise mechanism.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-06-22T02:21:00.241421+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":8951,"accession_number":"0001213900-26-068383","item_number":"EX-99.1","item_title":"ea029463201ex99-1.htm","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"This exhibit is a patent asset purchase agreement dated June 5, 2026, between Tianjin Qianli Culture Media Co., Ltd. (Party A) and Tianjin Information Sea Information Technology Co., Ltd. (Party B, a wholly owned subsidiary of DTSS). The agreement contemplates DTSS issuing Class A ordinary shares valued at RMB 7,000,000 (approximately USD equivalent) to two designated natural persons (Yang Zhaobing and Lü Hongwei) as consideration for the patent transfer. The agreement explicitly caps the issuance at 19.99% of DTSS's pre-issuance shares to avoid triggering Nasdaq's 20% shareholder approval rule, and each recipient is capped at 9.99% beneficial ownership. This is a classic dilutive equity issuance—unregistered restricted securities issued to third parties in exchange for assets, structured to avoid shareholder approval thresholds. The transaction is material to investors as it represents a significant equity dilution and capital raise mechanism.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-06-22T02:21:00.241421+00:00","company_name":"Datasea Intelligent Technology Ltd.","ticker":"DTSS","filing_date":"2026-06-12"}]}