Jayud Global Logistics Signs Share Purchase Agreement
Ticker: JYD · Form: 6-K · Filed: Dec 3, 2024 · CIK: 1938186
Sentiment: neutral
Topics: share-purchase, agreement, capital-raise
TL;DR
Jayud Global Logistics inks share purchase deal with investors, details to follow.
AI Summary
On December 3, 2024, Jayud Global Logistics Limited entered into a Share Purchase Agreement with certain accredited investors. The agreement details the terms under which these investors will purchase shares of the Company. Specific financial terms or the number of shares involved were not disclosed in this excerpt.
Why It Matters
This agreement signifies a potential capital raise or change in shareholding for Jayud Global Logistics, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a share purchase agreement, which could involve significant financial transactions and changes in ownership, but lacks specific details on the amount or terms.
Key Players & Entities
- Jayud Global Logistics Limited (company) — Registrant
- December 3, 2024 (date) — Date of Share Purchase Agreement
- Share Purchase Agreement (document) — Agreement entered into by the company
FAQ
What is the primary purpose of the Share Purchase Agreement?
The Share Purchase Agreement outlines the terms under which certain accredited investors will purchase shares of Jayud Global Logistics Limited.
Who are the parties involved in the Share Purchase Agreement?
The parties are Jayud Global Logistics Limited and certain accredited investors named in the agreement.
When was the Share Purchase Agreement entered into?
The Share Purchase Agreement was entered into on December 3, 2024.
Does the filing specify the number of shares being purchased or the total value of the transaction?
No, this excerpt of the filing does not specify the number of shares or the total dollar amount of the transaction.
Is Jayud Global Logistics Limited filing as a foreign private issuer?
Yes, the filing is a Form 6-K Report of Foreign Private Issuer.
Filing Stats: 498 words · 2 min read · ~2 pages · Grade level 12.8 · Accepted 2024-12-03 16:05:32
Key Financial Figures
- $0.20 — the Investors at a purchase price of US$0.20 per share, in a registered direct offer
Filing Documents
- ea0223474-6k_jayud.htm (6-K) — 15KB
- ea0223474ex5-1_jayud.htm (EX-5.1) — 26KB
- ea0223474ex10-1_jayud.htm (EX-10.1) — 49KB
- ex5-1_001.jpg (GRAPHIC) — 9KB
- ex5-1_002.jpg (GRAPHIC) — 8KB
- 0001213900-24-105045.txt ( ) — 115KB
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 December 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 Entry into Share Purchase Agreement On December 3, 2024, Jayud Global Logistics Limited (the “Company”) entered into a Share Purchase Agreement (the “Purchase Agreement”) with certain accredited investors named therein (the “Investors”), pursuant to which the Company agreed to sell and issue up to 50,000,000 Class A ordinary shares to the Investors at a purchase price of US$0.20 per share, in a registered direct offering (the “Offering”). The Offering was made pursuant to the Company’s existing shelf registration statement on Form F-3 (File No. 333-280010), which was declared effective on July 3, 2024 by the U.S. Securities and Exchange Commission (the “Registration Statement”). A prospectus supplement to the Registration Statement is expected to be filed with the Commission on or around December 3, 2024. The closing of the Offering is expected to occur on or about December 10, 2024, subject to customary closing conditions. The foregoing descriptions of the Purchase Agreement are qualified in their entirety by reference to the full text of the Purchase Agreement, a form of which is attached to this Report of Foreign Private Issuer on Form 6-K as Exhibit 10.1 and incorporated herein by reference. This report shall not constitute an offer to sell or a solicitation of an offer to buy any Class A ordinary shares, nor shall there be any sale of Class A ordinary shares in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such This Form 6-K and the exhibits to the Form 6-K are hereby incorporated by reference into the Company’s registration statement on Form F-3, as amended (File No. 333- 280010), and shall be a part thereof from the date on which this report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished. 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: December 3, 2024 Jayud Global Logistics Limited By: /s/ Xiaogang Geng Name: Xiaogang Geng Title: Chief Executive Officer 2 Exhibits Index Exhibit No. Description 5.1 Opinion of Harney Westwood & Riegels 10.1 Form of Share Purchase Agreement 23.3 Consent of Harney Westwood & Riegels (included in Exhibit 5.1) 3