TH International Ltd. Announces 1-for-10 Reverse Stock Split
Ticker: THCH · Form: 6-K · Filed: Jan 7, 2025 · CIK: 1877333
| Field | Detail |
|---|---|
| Company | Th International Ltd (THCH) |
| Form Type | 6-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: reverse-stock-split, corporate-action, restructuring
TL;DR
Tims China doing a 1-for-10 reverse split Jan 10 to boost share price.
AI Summary
TH International Ltd. announced a 1-for-10 reverse stock split, effective January 10, 2025. This action aims to increase the per-share market price of its ordinary shares. The company's CEO, Yongchen Lu, signed the report on January 7, 2025.
Why It Matters
A reverse stock split can signal a company's effort to meet exchange listing requirements or improve its stock's market perception, potentially impacting investor confidence.
Risk Assessment
Risk Level: medium — Reverse stock splits can be a sign of underlying business challenges or an attempt to avoid delisting, which carries inherent risks.
Key Numbers
- 1-for-10 — Reverse Stock Split Ratio (The company is consolidating shares to increase the per-share price.)
Key Players & Entities
- TH International Ltd (company) — Filer of the report
- Yongchen Lu (person) — CEO and signatory of the report
- January 10, 2025 (date) — Effective date of the reverse stock split
- January 7, 2025 (date) — Date of the report filing
- 1-for-10 (reverse_stock_split_ratio) — Ratio of the reverse stock split
FAQ
What is the primary purpose of the announced reverse stock split?
The primary purpose is to increase the per-share market price of TH International Ltd.'s ordinary shares.
When is the reverse stock split effective?
The reverse stock split is effective as of January 10, 2025.
Who is the CEO of TH International Ltd. and when did they sign the report?
Yongchen Lu is the CEO, and he signed the report on January 7, 2025.
What is the ratio of the reverse stock split?
The ratio is 1 new ordinary share for every 10 ordinary shares previously held.
What form is this filing and what does it report?
This is a Form 6-K, reporting a significant event, specifically the announcement of a reverse stock split.
Filing Stats: 151 words · 1 min read · ~1 pages · Grade level 14.5 · Accepted 2025-01-07 17:00:03
Filing Documents
- ea0227007-6k_thinter.htm (6-K) — 11KB
- ea022700701ex99-1_thinter.htm (EX-99.1) — 8KB
- 0001213900-25-001698.txt ( ) — 20KB
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 January 2025 Commission file number: 001-41516 TH International Limited 2501 Central Plaza 227 Huangpi North Road Shanghai, People’s Republic of China, 200003 +86-021-6136-6616 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F INDEX TO EXHIBITS Exhibit Number Exhibit Title 99.1 Tims China Announces Reverse Stock Split 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. TH International Limited /s/ Yongchen Lu Yongchen Lu Chief Executive Officer Date: January 7, 2025 2