On July 1, 2025, Earth Science Tech, Inc., a Florida corporation (the “Company”) issued a press release (the “Release”), announcing its qualification for and listing on the newly launched OTCID tier on the OTC Markets.
The information included in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.
We are initiating coverage of Earth Science Tech, Inc. (OTC:ETST) **with a 12-month price target of $1.00,** translating into a sizeable upside from the stock’s current price.
Earth Science Tech, Inc. Board of Directors Approves Reduction of Authorized Common Stock
This strategic reduction in authorized shares of common stock is a direct reflection of the Board's confidence in the Company's current trajectory and its commitment to protecting long-term shareholder value.
"This move by the Board of Directors aligns with our current goal of reducing the share count." said Giorgio R. Saumat, CEO of ETST. "It sends a clear signal to the investment community: we are confident in our financial health, strategic plan, and we are committed to preventing unnecessary shareholder dilution.”
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