ETOILES CAPITAL GROUP CO., LTD files 20-F

Etoiles Capital Group Co., Ltd reported a net loss of $153,660 for the fiscal year ended December 31, 2025, a decrease from the net income of $852,499 in the prior year, primarily due to increased operating expenses related to business expansion and initial public offering costs. The SEC suspended trading in the Company's securities on October 3, 2025, due to potential market manipulation, and trading remains halted as of the report date.