AirNet Technology Inc. Enters Share Purchase Agreement
Ticker: YDKG · Form: 6-K · Filed: Jan 16, 2025 · CIK: 1413745
| Field | Detail |
|---|---|
| Company | Airnet Technology Inc. (YDKG) |
| Form Type | 6-K |
| Filed Date | Jan 16, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.04, $0.4675, $7.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-purchase-agreement, corporate-action
Related Tickers: ANTE
TL;DR
AirNet (ANTE) inked a share purchase deal on Jan 13, 2025. Details to follow.
AI Summary
On January 13, 2025, AirNet Technology Inc. (Nasdaq: ANTE) entered into a share purchase agreement. The company was formerly known as AirMedia Group Inc. and is based in Beijing, China.
Why It Matters
This filing indicates a significant corporate action, a share purchase agreement, which could impact the company's ownership structure and future strategy.
Risk Assessment
Risk Level: medium — Share purchase agreements can introduce significant changes to a company's financial and operational landscape, carrying inherent risks.
Key Players & Entities
- AirNet Technology Inc. (company) — Registrant
- AirMedia Group Inc. (company) — Former company name
- January 13, 2025 (date) — Date of share purchase agreement
- Nasdaq: ANTE (company) — Company ticker symbol
FAQ
What is the nature of the share purchase agreement?
The filing states that AirNet Technology Inc. entered into a share purchase agreement on January 13, 2025.
What was AirNet Technology Inc. formerly known as?
AirNet Technology Inc. was formerly known as AirMedia Group Inc.
On what date was the share purchase agreement entered into?
The share purchase agreement was entered into on January 13, 2025.
What is the ticker symbol for AirNet Technology Inc.?
The ticker symbol for AirNet Technology Inc. is ANTE on Nasdaq.
Where is AirNet Technology Inc. located?
AirNet Technology Inc. is located in Beijing, The People's Republic of China.
Filing Stats: 426 words · 2 min read · ~1 pages · Grade level 12.3 · Accepted 2025-01-16 16:01:22
Key Financial Figures
- $0.04 — nary shares of the Company, par value US$0.04 per share, at a purchase price of US$0.
- $0.4675 — .04 per share, at a purchase price of US$0.4675 per share for aggregate gross proceeds
- $7.0 million — gate gross proceeds to the Company of US$7.0 million. The shares are offered in a transacti
Filing Documents
- ea0227785-6k_airnet.htm (6-K) — 10KB
- 0001213900-25-004197.txt ( ) — 11KB
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. AIRNET TECHNOLOGY INC. Date: January 16, 2025 By: /s/ Yuan Feng Name: Yuan Feng Title: Co-Chief Executive Officer