Aifu Inc. Sells 5 Million Class B Shares to Expansion Group for $2 Million

Reuters
Nov 14
Aifu Inc. Sells 5 Million Class B Shares to Expansion Group for $2 Million

Aifu Inc. has announced it entered into a share subscription agreement with Expansion Group Ltd., under which it will issue 5,000,000 Class B ordinary shares at a price of US$0.4 per share, raising a total of US$2,000,000. The proceeds will be used for general working capital purposes. Following the expected issuance by the end of December 2025, Expansion Group Ltd. will own 23.96% of Aifu Inc.'s total outstanding ordinary shares and hold 65.50% of the company's aggregate voting power. The Class B shares carry significant voting rights but are subject to restrictions on economic benefits and transferability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aifu Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-110094), on November 13, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10