TMD Energy Limited filed its annual report on Form 20-F with the SEC on October 29, 2026, covering the fiscal year ended June 30, 2026, the company's first full-year report following its initial public offering.

Key Highlights

  • Fiscal year covered: The annual report covers the financial year ended June 30, 2026, designated as "FY2026" in the filing.
  • IPO date: According to the filing, the company's initial public offering was consummated on April 22, 2025.
  • Shares outstanding at period end: 23,565,000 ordinary shares, par value US$0.0001 per share, were outstanding as of June 30, 2026.
  • Share reclassification: At the annual general meeting held on October 7, 2026 (Malaysia Time), shareholders approved a re-designation of share capital into Class A and Class B ordinary shares, resulting in 13,565,000 Class A ordinary shares and 10,000,000 Class B ordinary shares outstanding as of October 20, 2026.
  • Exchange listing: Class A ordinary shares trade on NYSE American under the symbol TMDE, with trading under the new designation beginning October 20, 2026, according to the filing.
  • Company classification: The filing identifies the registrant as a non-accelerated filer and an emerging growth company.
  • Accounting basis: Financial statements were prepared in accordance with U.S. GAAP, the filing states.

TMD Energy's Form 20-F: Share Reclassification and Fiscal Year Details

TMD Energy Limited (NYSE American:TMDE), a Cayman Islands-incorporated company with its principal executive office in Kuala Lumpur, Malaysia, filed its annual report on Form 20-F for the fiscal year ended June 30, 2026. The filing was submitted under the annual report provision of Section 13 or 15(d) of the Securities Exchange Act of 1934. The company's commission file number is listed as 001-42604, and its Chief Executive Officer is identified as Dato' Sri Kam Choy Ho.

The filing reports that 23,565,000 ordinary shares, par value US$0.0001 per share, were outstanding as of June 30, 2026. Subsequent to the fiscal year end, the company disclosed a significant capital structure change: at the annual general meeting held on October 7, 2026 (Malaysia Time), or October 6, 2026 (Eastern Time), shareholders approved the re-designation of the company's share capital into Class A ordinary shares and Class B ordinary shares. Following that re-designation, the filing states that 13,565,000 Class A ordinary shares and 10,000,000 Class B ordinary shares were issued and outstanding as of October 20, 2026, the date on which Class A ordinary shares began trading on NYSE American under the new designation.

The filing covers the period designated "FY2026," and separately references earlier periods including "FY2023" (year ended December 31, 2023), "FY2024" (year ended December 31, 2024), and "FPE2025" (the six months ended June 30, 2025), reflecting a change in the company's fiscal year. The registrant identified subsidiaries incorporated in Labuan, Malaysia, including Cavalla Asia Ltd., Dolphin Asia Ltd., Escolar Asia Ltd., and Katsu Pioneer Marine Ltd. The company confirmed it is not a shell company and indicated it did not use the extended transition period for new or revised financial accounting standards.

What Was Disclosed

TMD Energy Limited filed a Form 20-F annual report for fiscal year ended June 30, 2026, disclosing 23,565,000 shares outstanding at period end, a post-period share reclassification into Class A and Class B ordinary shares, and the company's emerging growth company status.