---
title: "SUIC Worldwide Holdings Acquires 51% of Vision Renu in Stock Deal, Issuing 30M Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292349190.md"
description: "SUIC Worldwide Holdings acquired a 51% stake in Vision Renu via a share exchange agreement, issuing 30 million shares representing approximately 35% of its fully diluted outstanding stock. The transaction aims to expand SUIC's presence in the medtech sector and accelerate growth through FDA-path assets. Following the deal, SUIC reconstituted its board, appointing Chen King Te as Chairman and CEO and Shan Hua Peng as CFO."
datetime: "2026-07-10T18:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292349190.md)
  - [en](https://longbridge.com/en/news/292349190.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292349190.md)
generator: "portal-rs"
---

# SUIC Worldwide Holdings Acquires 51% of Vision Renu in Stock Deal, Issuing 30M Shares

SUIC Worldwide Holdings entered into a Share Exchange Agreement to acquire 51% of Vision Renu in exchange for 30,000,000 shares of SUIC common stock. The Exchange Shares are expected to represent about 35% of SUIC’s fully diluted outstanding shares, and the parties intend the deal to qualify as a tax-free reorganization under Section 368(a). Following the effective time, SUIC reconstituted its board and appointed Chen King Te as Chairman and CEO and Shan Hua Peng as CFO.

**Agreement details:**

-   **Agreement type**: Share Exchange Agreement for 51% acquisition
-   **Counterparty**: Vision Renu
-   **Signed / Effective**: Jul 10 2026 / same
-   **Duration / Termination**: N/A
-   **Reason**: Expand into medtech and accelerate growth with FDA-path assets

Original SEC Filing: SUIC Worldwide Holdings Ltd. \[ SUIC \] - 8-K - Jul. 10, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**