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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K/A

(Amendment No. 1)

☒ ANNUAL\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended May 31, 2026

o TRANSITION\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to\n____________

Commission file number: 000-55957

WEWARDS, INC.

(Exact name of registrant as specified in its charter)

\n \n \n \n \n \n \n \n \n \n \n \n \n

nevada		33-1230099
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

3305 Spring Mountain Road, Suite 104

Las Vegas, Nevada 89102

(Address of principal executive offices and zip\ncode)

Registrant’s telephone number, including\narea code: (702) 944-5599

Securities registered pursuant to Section 12(b)\nof the Act:

\n \n \n \n \n \n \n \n \n

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
N/A	N/A	N/A

Securities registered pursuant to Section 12(g)\nof the Act: Common Stock

Indicate by check mark if\nthe registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.\t\tYes o\t\tNo\n☒

Indicate by check mark if\nthe registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act.\tYes o\t\tNo\n☒

Indicate by check mark whether\nthe registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the\npreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such\nfiling requirements for the past 90 days.

\tYes ☒\tNo\no

Indicate by check mark\nwhether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation\nS-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

\tYes ☒\tNo\no

Indicate by check mark whether\nthe registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging\ngrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting\ncompany” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

Large accelerated filer	o	Accelerated filer	o
Non-accelerated filer	x	Smaller reporting company	x
		Emerging growth company	o

If an emerging growth company,\nindicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial\naccounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether\nthe registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes o\tNo\n☒

If securities are registered\npursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing\nreflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether\nany of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the\nregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

The aggregate market value\nof the registrant's common stock held by non-affiliates of the registrant based upon the closing price of $2.11 per share as of November\n30, 2025 was approximately $12,934,300.

As of September 14, 2026,\nthere were 107,483,450 shares of registrant’s common stock outstanding.

DOCUMENTS INCORPORATED BY REFERENCE: None

EXPLANATORY NOTE

Wewards, Inc. (the “Company”)\nis filing this Amendment No. 1 (“Amendment No. 1”) to its Annual Report on Form 10-K for the year ended May 31, 2026 (“Form\n10-K), which was originally filed with the Securities and Exchange Commission (the “Commission”) on September 14, 2026,\nfor the sole purpose of filing an exhibit (Exhibit 10.2) that was inadvertently omitted from the original filing. This Amendment No. 1\ndoes not reflect any events occurring after the filing date of the original filing, and it does not modify or update any other disclosures\nin the original filing. This Amendment No. 1 should be read in conjunction with the Form 10-K and the Company’s other filings with\nthe Commission.

PART IV

ITEM 15. Exhibits and Financial\nStatement Schedules

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

Exhibit		Description
3.1		Amended\n and Restated Articles of Incorporation (incorporated by reference to Exhibit 3.1 of the Form 8-K-1 filed with the Securities and\n Exchange Commission by Wewards, Inc. on March 1, 2017)
3.2		Certificate\n of Amendment to Articles of Incorporation dated January 18, 2018 (incorporated by reference to Exhibit 3.4 of the Form 8-A filed\n with the Securities and Exchange Commission by Wewards, Inc. on July 2, 2018)
3.3		Bylaws\n of Wewards, Inc., f/k/a Betafox Corp. (incorporated by reference to Exhibit 3.2 of the Form 8-A filed with the Securities and Exchange\n Commission by Wewards, Inc. on July 2, 2018)
4.1		Description\n of Registrant’s Securities (incorporated by reference to Exhibit 4.1 of the Form 10-K filed with the Securities and exchange\n Commission by Wewards, Inc. on August 31, 2022)
10.1		Intellectual\n Property Rights Purchase and Transfer Agreement between Wewards, Inc. and United Power, Inc., dated as of April 2, 2020\n (incorporated by reference to Exhibit 10.1 of the Form 10-Q filed with the Securities and Exchange Commission by Wewards, Inc. on\n April 7, 2020)
10.2*		Debt Cancellation Agreement, dated as of March 31, 2026
31.1*		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a)
32.1		Certification\n of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and\n 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (incorporated by reference to Exhibit 32.1 of the Form 10-K filed with the Securities and Exchange Commission by Wewards, Inc. on\n September 14, 2026)
101.INS*		Inline\n XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within\n the Inline XBRL document)
101.SCH*		Inline\n XBRL Taxonomy Extension Schema Document
101.CAL*		Inline\n XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*		Inline\n XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*		Inline\n XBRL Taxonomy Extension Label Linkbase Document
101.PRE*		Inline\n XBRL Taxonomy Extension Presentation Linkbase Document
104*		Cover\n Page Interactive Data File (formatted in IXBRL, and included in exhibit 101)

* Filed herewith.

SIGNATURES

Pursuant to the requirements of Section 13 or\n15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned\nthereunto duly authorized.

\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n

	WEWARDS, INC.
	(Registrant)

	By:	/s/ Lei Pei
		Lei Pei
		Chief Executive Officer and Chief Financial Officer (Principal Executive Officer and Principal Financial Officer)

	Dated:	October 9, 2026

\n \n \n

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