Uxin Ltd. Signs Share Subscription Agreement with DIDA
Ticker: UXIN · Form: 6-K · Filed: Nov 4, 2024 · CIK: 1729173
| Field | Detail |
|---|---|
| Company | Uxin Ltd (UXIN) |
| Form Type | 6-K |
| Filed Date | Nov 4, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $7.5 m, $0.004858 |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement, investment, filing
TL;DR
Uxin inks deal with DIDA, watch for share movement.
AI Summary
Uxin Limited announced on November 4, 2024, that it has entered into a Share Subscription Agreement with DIDA. This agreement involves the subscription of shares, though specific dollar amounts and share details are not yet disclosed in this filing.
Why It Matters
This agreement could signal a strategic partnership or investment, potentially impacting Uxin's financial position and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a new agreement, but lacks specific financial details, creating uncertainty about its immediate impact.
Key Players & Entities
- Uxin Limited (company) — Filer and party to the agreement
- DIDA (company) — Party to the Share Subscription Agreement
- November 4, 2024 (date) — Date of announcement and agreement
FAQ
What is the nature of the Share Subscription Agreement between Uxin and DIDA?
The filing announces the entry into a Share Subscription Agreement, but does not provide specific details on the terms or nature of the subscription.
When was the Share Subscription Agreement announced?
The agreement was announced on November 4, 2024.
What is Uxin Limited's principal executive office address?
Uxin Limited's principal executive offices are located at 21/F, Donghuang Building, No. 16 Guangshun South Avenue, Chaoyang District, Beijing 100102, People's Republic of China.
Does Uxin file annual reports under Form 20-F or 40-F?
Uxin indicates it files annual reports under cover of Form 20-F.
What is the filing type and accession number for this document?
This is a Form 6-K filing with accession number 0001493152-24-043432.
Filing Stats: 687 words · 3 min read · ~2 pages · Grade level 18.5 · Accepted 2024-11-04 08:17:41
Key Financial Figures
- $7.5 m — r an aggregate subscription amount of US$7.5 million, based on a subscription price of
- $0.004858 — ion, based on a subscription price of US$0.004858 per share. The completion of transactio
Filing Documents
- form6-k.htm (6-K) — 23KB
- 0001493152-24-043432.txt ( ) — 24KB
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. UXIN LIMITED By: /s/ Feng Lin Name: Feng Lin Title: Chief Financial Officer Date: November 4, 2024