EMCGF

Embrace Change Acquisition Corp.

We are a blank check company incorporated as a Cayman Islands exempted company on March 3, 2021.3 From its latest annual report

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Last updated Oct 19, 2026.

Overview

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  • TickerEMCGF1
  • IndustryBlank Checks1
  • HeadquartersSan Diego, California1
  • Incorporated inCayman Islands2
  • Business address5186 Carroll Canyon Rd, San Diego, Ca 921212
  • Filer category, Emerging growth company2

We are a blank check company incorporated as a Cayman Islands exempted company on March 3, 2021. Exempted companies are Cayman Islands companies wishing to conduct business outside the Cayman Islands and, as such, are exempted from complying with certain provisions of the Companies Act. As an exempted company, we have applied for and received a tax exemption undertaking from the Cayman Islands government that, in accordance with section 6 of the Tax Concessions Act (2018 Revision) of the Cayman Islands, for a period of 20 years from the date of the undertaking, no law which is enacted in the Cayman Islands imposing any tax to be levied on profits, income, gains or appreciations shall apply to us or our operations and, in addition, that no tax to be levied on profits, income, gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable (i) on or in r…3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income45-$551.7K in 2024+56% since 2022
-$1.5M-$1.0M-$500.0K02022: -$354.0K-$354.0K20222023: -$1.1M-$1.1M2023+200%2024: -$551.7K-$551.7K2024−48%
Net income45$1.4M in 2024+251% since 2022
0$1.0M$2.0M$3.0M2022: $410.6K$410.6K20222023: $2.4M$2.4M2023+490%2024: $1.4M$1.4M2024−40%
Fiscal year20212022202320242025
Operating income-$354.0K4-$1.1M5-$551.7K5
Interest$4.7K5
Net income$410.6K4$2.4M5$1.4M5
Earnings per share-$0.088
Earnings per share (diluted)-$0.088
Shares (weighted, basic)4.9M shares8
Shares (weighted, diluted)4.9M shares8

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Leadership

Who has led Embrace Change Acquisition Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Yoann Delwarde2022

Chief financial officer

  1. Zheng Yuan2022
2025
Board members and other officers (6)

Timeline

  1. Aug 9, 2022New chief executive Yoann Delwarde becomes CEO9

Filings

145 filings to the SEC since October 2021: 3 annual reports, 12 quarterly reports, 32 major events, 9 insider forms, 18 large holders, 71 other. The latest 20:

  1. Sep 14, 20268-K EDGAR
  2. Aug 12, 2026NT 10-Q EDGAR
  3. Aug 12, 20268-K EDGAR
  4. Jul 21, 2026DEF 14A EDGAR
  5. Jul 8, 2026PRE 14A EDGAR
  6. May 27, 2026NT 10-Q EDGAR
  7. Mar 31, 2026NT 10-K EDGAR
  8. Feb 17, 2026SCHEDULE 13G/A EDGAR
  9. Feb 12, 2026SCHEDULE 13G/A EDGAR
  10. Dec 30, 20258-K EDGAR
  11. Dec 10, 202510-Q EDGAR
  12. Nov 17, 2025NT 10-Q EDGAR
  13. Nov 14, 2025SCHEDULE 13G/A EDGAR
  14. Nov 13, 2025SCHEDULE 13G EDGAR
  15. Nov 13, 2025SCHEDULE 13G EDGAR
  16. Oct 22, 2025425 EDGAR
  17. Oct 22, 20258-K EDGAR
  18. Sep 18, 202525-NSE EDGAR
  19. Sep 5, 2025SCHEDULE 13G/A EDGAR
  20. Aug 19, 202510-Q EDGAR

The 145 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 12, 2022Wuren Fubao Inc.10% ownerBuy373,750Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

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