Baosheng Media Terminates Material Agreements
Ticker: BAOS · Form: 6-K · Filed: Jun 12, 2024 · CIK: 1811216
| Field | Detail |
|---|---|
| Company | Baosheng Media Group Holdings Ltd (BAOS) |
| Form Type | 6-K |
| Filed Date | Jun 12, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $42,000,000, $0.0096, $2,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: termination, agreements, 6-K
TL;DR
Baosheng Media is terminating old deals, filing a 6-K for June 2024.
AI Summary
Baosheng Media Group Holdings Limited announced the termination of material agreements previously disclosed on November 27, 2023. The company, incorporated in the Cayman Islands, is based in Beijing, China. This filing is a report of a foreign private issuer for the month of June 2024.
Why It Matters
The termination of material agreements can signal a shift in the company's business strategy or operational structure, potentially impacting its future performance and relationships.
Risk Assessment
Risk Level: medium — Termination of material agreements can introduce uncertainty regarding the company's ongoing operations and future business relationships.
Key Players & Entities
- Baosheng Media Group Holdings Limited (company) — Filer of the report
- November 27, 2023 (date) — Date of previous disclosure
- Cayman Islands (location) — Jurisdiction of incorporation
- Beijing, China (location) — Company's principal executive offices
FAQ
What specific material agreements are being terminated by Baosheng Media Group Holdings Limited?
The filing states that material agreements are being terminated, but does not specify which ones in this excerpt.
When were these material agreements previously disclosed?
The material agreements were previously disclosed on a Form 6-K filed on November 27, 2023.
Under what laws is Baosheng Media Group Holdings Limited formed?
The company is formed under the laws of the Cayman Islands.
What is the purpose of this Form 6-K filing?
This Form 6-K is a report of a foreign private issuer for the month of June 2024, announcing the termination of material agreements.
Where are Baosheng Media Group Holdings Limited's principal executive offices located?
The company's principal executive offices are located at East Floor 5, Building No. 8, Xishanhui Shijingshan District, Beijing 100041, People's Republic of China.
Filing Stats: 815 words · 3 min read · ~3 pages · Grade level 16.7 · Accepted 2024-06-12 08:00:05
Key Financial Figures
- $42,000,000 — nal principal amount of not more than US$42,000,000 (the “ Notes ”), convertibl
- $0.0096 — pany’s ordinary shares, par value $0.0096 per share. As previously disclosed on
- $2,000,000 — ll and issue in its discretion, up to US$2,000,000 of the Company’s ordinary shares
Filing Documents
- tm2417055d1_6k.htm (6-K) — 15KB
- 0001104659-24-070679.txt ( ) — 16KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Baosheng Media Group Holdings Limited By: /s/ Shasha Mi Shasha Mi Chief Executive Officer Date: June 12, 2024