Tian Ruixiang Holdings Ltd. Secures $1M Investment

TL;DR

Tian Ruixiang Holdings Ltd. just raised $1M from Unitrust Holding Limited via share subscription.

AI Summary

On January 7, 2025, TIAN RUIXIANG Holdings Ltd. entered into a subscription agreement with Unitrust Holding Limited. This agreement involves the issuance of 10,000,000 ordinary shares of the Company to Unitrust at a price of $0.10 per share, for a total consideration of $1,000,000.

Why It Matters

This $1 million investment from Unitrust Holding Limited could provide TIAN RUIXIANG Holdings Ltd. with crucial capital for its operations and future growth initiatives.

Risk Assessment

Risk Level: medium — The company is a foreign private issuer, and the filing details a material definitive agreement which could have significant implications for its financial health and stock performance.

Key Numbers

• $1.0M — Investment Amount (Total funds raised from Unitrust Holding Limited.)
• 10,000,000 — Shares Issued (Number of ordinary shares subscribed by Unitrust.)
• $0.10 — Share Price (Price per share in the subscription agreement.)

Key Players & Entities

• TIAN RUIXIANG Holdings Ltd. (company) — The issuer of the filing and party to the agreement.
• Unitrust Holding Limited (company) — The subscriber in the agreement.
• January 7, 2025 (date) — Date the subscription agreement was entered into.
• 10,000,000 (dollar_amount) — Number of ordinary shares to be issued.
• $0.10 (dollar_amount) — Price per ordinary share.
• $1,000,000 (dollar_amount) — Total consideration for the share subscription.

FAQ

Key Financial Figures

• $2.31 — ;Shares”), at a purchase price of $2.31 per share, for an aggregate purchase pr
• $2,310,000 — are, for an aggregate purchase price of $2,310,000. On January 6, 2025, the last trading p
• $1.82 — e Class A ordinary shares on Nasdaq was $1.82. The purchase price of the Class B ordi

Filing Documents

• tm252961d1_6k.htm (6-K) — 14KB
• tm252961d1_ex10-1.htm (EX-10.1) — 262KB
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• 0001104659-25-002561.txt ( ) — 4315KB

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. TIAN RUIXIANG Holdings Ltd. Date: January 10, 2025 By: /s/ Sheng Xu Name: Sheng Xu Title: Chief Executive Officer EXHIBIT INDEX ExhibitNo. Description 10.1 Subscription Agreement dated January7, 2025 by and between the Company and Unitrust 10.2 Valuation Reported dated January7, 2025 by King Kee Appraisal and Advisory Limited

View Full Filing

View this 6-K filing on SEC EDGAR