Jayud Global Logistics Enters Share Purchase Agreements
Ticker: JYD · Form: 6-K · Filed: Oct 28, 2024 · CIK: 1938186
Sentiment: neutral
Topics: share-purchase, corporate-action, filing
TL;DR
Jayud Global Logistics signed 3 share purchase deals in late October. Details TBD.
AI Summary
Jayud Global Logistics Limited entered into three Share Purchase Agreements on October 19, October 21, and October 24, 2024. These agreements involve the purchase of shares, though specific details regarding the seller, buyer, or the number of shares are not provided in this filing. The company is a Cayman Islands exempted company with principal executive offices in Shenzhen, People's Republic of China.
Why It Matters
This filing indicates potential corporate actions or restructuring within Jayud Global Logistics, which could impact its future operations and shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates significant corporate activity (share purchases) but lacks specific details, creating uncertainty about the nature and impact of these transactions.
Key Players & Entities
- Jayud Global Logistics Limited (company) — Registrant
- October 19, 2024 (date) — Date of first Share Purchase Agreement
- October 21, 2024 (date) — Date of second Share Purchase Agreement
- October 24, 2024 (date) — Date of third Share Purchase Agreement
- Cayman Islands (location) — Jurisdiction of incorporation
- Shenzhen, People's Republic of China (location) — Principal executive offices
FAQ
What is the subject of the Share Purchase Agreements?
The filing states that Jayud Global Logistics Limited entered into Share Purchase Agreements, but does not specify what shares are being purchased or by whom.
Who are the parties involved in these Share Purchase Agreements?
The filing refers to 'certain ac' which is an incomplete reference, and does not explicitly name the other parties to the agreements.
What is the total value or number of shares involved in these transactions?
The filing does not disclose the financial value or the quantity of shares involved in the Share Purchase Agreements.
When were the Share Purchase Agreements entered into?
The agreements were dated October 19, 2024, October 21, 2024, and October 24, 2024.
What is Jayud Global Logistics Limited's jurisdiction of incorporation?
Jayud Global Logistics Limited is a Cayman Islands exempted company.
Filing Stats: 502 words · 2 min read · ~2 pages · Grade level 16.2 · Accepted 2024-10-28 11:30:31
Key Financial Figures
- $0.45 — the Purchasers at a purchase price of US$0.45 per share. The closing of the private p
- $6,657,000 — the Company received gross proceeds of $6,657,000. The Class A ordinary shares were offe
Filing Documents
- ea021877301-6k_jayud.htm (6-K) — 14KB
- ea021877301ex10-1_jayud.htm (EX-10.1) — 54KB
- 0001213900-24-091048.txt ( ) — 68KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2024 Commission File Number: 001-41656 Jayud Global Logistics Limited (Exact name of registrant as specified in its charter) Building 3, No. 7 Gangqiao Road, Li Lang Community, Nanwan Street, Longgang District, Shenzhen, People’s Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Information Contained in this Report Jayud Global Logistics Limited, a Cayman Islands exempted company, (the “Company”) entered into Share Purchase Agreements dated October 19, 2024, October 21, 2024, and October 24, 2024 (the “Purchase Agreements”) with certain accredited investors named therein (the “Purchasers”), pursuant to which the Company issued in a private placement an aggregate of 14,793,333 Class A ordinary shares to the Purchasers at a purchase price of US$0.45 per share. The closing of the private placement occurred on October 28, 2024 (the “Closing Date”) and the Company received gross proceeds of $6,657,000. The Class A ordinary shares were offered, issued and sold by the Company in a private placement pursuant to the exemption provided in Section 4(a)(2) under the United States Securities Act of 1933, as amended (the “Securities Act”). The Company has agreed to use its commercially reasonable efforts to prepare and file a resale registration statement on Form F-1/F-3 with the Securities and Exchange Commission registering the ordinary shares issued pursuant to the Purchase Agreements for resale on behalf of the Purchasers. The Company also agreed to use its commercially reasonable efforts to cause such registration statement to be declared effective under the Securities Act as promptly as possible after the filing thereof, and shall use its commercially reasonable efforts to keep such registration statement continuously effective under the Securities Act until the date that all of the shares covered by such registration statement (i) have been sold thereunder or pursuant to Rule 144, or (ii) may be sold without volume or manner-of-sale restrictions pursuant to Rule 144. The foregoing description of the Purchase Agreement does not purport to describe all of the terms and provisions thereof and is qualified in its entirety by reference to the form of Purchase Agreement which is filed hereto as Exhibit 10.1 and is incorporated herein by reference. This Report of Foreign Private Issuer on Form 6-K is hereby incorporated by reference into the Company’s registration statement on Form F-3 , as amended (File No. 333-280010). Exhibits Exhibit No. Description 10.1 Form of Share Purchase Agreement 1 SIGNATURE 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. Date: October 28, 2024 Jayud Global Logistics Limited By: /s/ Xiaogang Geng Name: Xiaogang Geng Title: Chief Executive Officer 2