Haoxi Health Tech Exchanges Series A Warrants
Ticker: HAO · Form: 6-K · Filed: Nov 27, 2024 · CIK: 1954594
| Field | Detail |
|---|---|
| Company | Haoxi Health Technology LTD (HAO) |
| Form Type | 6-K |
| Filed Date | Nov 27, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $0.6 |
| Sentiment | neutral |
Sentiment: neutral
Topics: warrants, exchange-agreement, dilution
TL;DR
Haoxi Health Tech is swapping out old warrants for new ones, watch for share dilution.
AI Summary
On November 27, 2024, Haoxi Health Technology Limited entered into a warrant exchange agreement with holders of 3,998,000 Series A warrants. This agreement allows for the exchange of these warrants, each convertible into five Class A ordinary shares.
Why It Matters
This warrant exchange could impact the company's outstanding share count and potentially dilute existing shareholders if the warrants are exercised.
Risk Assessment
Risk Level: medium — The exchange of a significant number of warrants could lead to increased share dilution and affect the stock price.
Key Numbers
- 3,998,000 — Series A Warrants (Number of warrants involved in the exchange agreement)
Key Players & Entities
- Haoxi Health Technology Limited (company) — The company entering into the agreement
- November 27, 2024 (date) — Date of the warrant exchange agreement
- 3,998,000 (dollar_amount) — Number of Series A warrants subject to exchange
- Series A warrants (contract) — The type of warrants being exchanged
FAQ
What are the terms of the warrant exchange agreement?
The filing states that Haoxi Health Technology Limited entered into a warrant exchange agreement with certain holders of 3,998,000 Series A warrants on November 27, 2024. Specific terms of the exchange are not detailed in this excerpt.
What is the par value of the Class A ordinary shares?
The par value of the Class A ordinary shares is $0.0001 per share.
Who are the parties involved in the exchange agreement?
The parties are Haoxi Health Technology Limited (the "Company") and certain holders (the "Holders") of Series A warrants.
How many Class A ordinary shares can each Series A warrant be converted into?
Each Series A warrant is to purchase five Class A ordinary shares.
What is the filing date of this report?
This Form 6-K was filed as of November 27, 2024.
Filing Stats: 385 words · 2 min read · ~1 pages · Grade level 13.8 · Accepted 2024-11-27 09:15:44
Key Financial Figures
- $0.0001 — five Class A ordinary shares, par value $0.0001 per share (the “ Class A Ordinary
- $0.6 — of the Company at an exercise price of $0.6 per share. The Series A Warrants were i
Filing Documents
- ea0222843-6k_haoxi.htm (6-K) — 16KB
- ea022284301ex10-1_haoxi.htm (EX-10.1) — 67KB
- 0001213900-24-103098.txt ( ) — 83KB
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, thereunto duly authorized. Haoxi Health Technology Limited Date: November 27, 2024 By: /s/ Zhen Fan Name: Zhen Fan Title: Chief Executive Officer 2