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Mercurity Fintech Holding Inc. Reports $8 Million Share Sale in Form 6-K Filing

$MFH
Form 6-K
Filed on: 2025-01-15
Source
Mercurity Fintech Holding Inc. Reports $8 Million Share Sale in Form 6-K Filing

Here are the key insights extracted from the provided section of the financial report for Mercurity Fintech Holding Inc.:

  1. Filing Type: The document is a Form 6-K, which is used by foreign companies to report significant events that may be of interest to investors.
  2. Company Information:
  • Name: Mercurity Fintech Holding Inc.
  • Address: 1330 Avenue of the Americas, Fl 33, New York, NY 10019.
  • Commission File Number: 001-36896.
  1. Date of Report: The report is dated January 15, 2025, and references events occurring in January 2025.
  2. Material Definitive Agreement:
  • Agreement Date: January 9, 2025.
  • Type of Agreement: Securities Purchase Agreement with a non-U.S. investor.
  • Transaction Details:
    • The company will sell 1,370,000 ordinary shares at $5.87 per share.
    • Total purchase price for the offering is $8,041,900.
    • This transaction is being conducted under the exemption provided by Rule 903 of Regulation S under the Securities Act of 1933.
  • Closing Date: The offering is expected to close on or before January 17, 2025.
  1. Press Release: The company published an announcement regarding this transaction on January 15, 2025, which is included as an exhibit (Exhibit 99.1).
  2. Exhibits:
  • Exhibit 10.1: Securities Purchase Agreement.
  • Exhibit 99.1: Press Release related to the transaction.
  1. Signature: The report is signed by Shi Qiu, the Chief Executive Officer of Mercurity Fintech Holding Inc., affirming the accuracy of the report.

This summary captures the essential details related to the securities transaction and the regulatory compliance aspects of the filing.