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[8-K] ACM Research, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ACM Research, Inc. disclosed that its operating subsidiary, ACM Research (Shanghai), Inc., plans to issue overseas listed H shares and apply for listing on The Stock Exchange of Hong Kong Limited. ACM Shanghai is already listed on the Sci-Tech innovation board of the Shanghai Stock Exchange.

The proposed H share listing is intended to deepen strategic development, expand international markets, strengthen the capital base, attract and retain talent, and enhance competitiveness. It will not change ACM Shanghai’s controlling shareholder or actual controller, and remains at an early stage with specific terms still under discussion.

The proposal must be reviewed and approved by ACM Shanghai’s board and shareholders and also obtain filings or approvals from multiple regulators, including the China Securities Regulatory Commission, HKEX, and Hong Kong’s Securities and Futures Commission. The company highlights significant uncertainty about whether the listing will pass these procedures and ultimately be implemented.

Positive

  • None.

Negative

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Insights

ACM’s China unit is exploring an HKEX H share listing, but terms and completion remain highly uncertain.

ACM Research (Shanghai), Inc., already listed on Shanghai’s Sci-Tech innovation board, proposes issuing H shares and seeking a Hong Kong listing. The stated goals are to deepen strategic development, broaden international market reach, strengthen its capital base, and enhance competitiveness.

The transaction is still preliminary: ACM Shanghai is only in discussions with intermediaries, and specific details are undetermined. The structure must be approved by its board and shareholders and also satisfy review or filing requirements from the China Securities Regulatory Commission, HKEX, and Hong Kong’s Securities and Futures Commission. The company explicitly notes significant uncertainty that the listing will complete, so potential benefits depend on future regulatory outcomes and final deal terms.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 17, 2026
ACM Research, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware001-3827394-3290283
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)
42307 Osgood Road, Suite I
Fremont, California
94539
(Address of Principal Executive Offices)(Zip Code)
Registrant’s telephone number, including area code: (510) 445-3700
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbolName of each exchange on which registered
Class A Common Stock, par value $0.0001 per shareACMRThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934:Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o



Item 8.01 Other Events.

The shares of the operating subsidiary of ACM Research, Inc. (the “Company”), ACM Research (Shanghai), Inc. (“ACM Shanghai”), are listed on the Sci-Tech innovation board of the Shanghai Stock Exchange (the “SSE”).

On April 17, 2026, ACM Shanghai issued an announcement (the “Announcement”) to the SSE that ACM Shanghai is proposing to issue overseas listed shares and apply for listing on The Stock Exchange of Hong Kong Limited (the “H Share Listing”). The Announcement was posted to the SSE’s website on April 17, 2026. A copy of the Announcement is attached as Exhibit 99.1 hereto.

The information in this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended.

This Current Report on Form 8-K and the Announcement contain forward-looking statements that involve risks and uncertainties. These risks and uncertainties include the process for the H Share Listing, whether the H Share Listing will ultimately be implemented, and other risks detailed from time to time in the Company’s periodic reports and other filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on forward-looking statements, which are based on the Company’s current intentions, expectations and assumptions and speak only as of the date of this Current Report on Form 8-K. The Company does not intend to revise or update any forward-looking statement in this Current Report on Form 8-K as a result of new information, future events or otherwise, except as required by law.

Item 9.01    Financial Statements and Exhibits.
(d)    Exhibits.
Exhibit Description
99.1*
104
ACM Research (Shanghai), Inc. Indicative Announcement Regarding the Proposed Issuance of H Shares and Listing on The Stock Exchange of Hong Kong Limited, submitted by ACM Research (Shanghai), Inc. to the Shanghai Stock Exchange on April 17, 2026.
Cover Page Interactive Data File (embedded within the XBRL document)

* Unofficial English translation of original document prepared in Mandarin Chinese.
2


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, hereunto duly authorized.
ACM RESEARCH, INC.
By:    /s/ Mark McKechnie________________________
    Mark McKechnie
Chief Financial Officer and Treasurer
Dated: April 17, 2026
3

Stock Code: 688082 Stock Abbreviation: ACM Shanghai Announcement No.: 2026-016

ACM Research (Shanghai), Inc.
Indicative Announcement Regarding the Proposed Issuance of H Shares and Listing on The Stock Exchange of Hong Kong Limited
ACM Shanghai and all members of its Board of Directors hereby warrant that the contents of this announcement contain no false records, misleading statements or material omissions, and is legally liable for its authenticity, accuracy and completeness thereof in accordance with the law.
ACM Research (Shanghai), Inc. (hereinafter referred to as the “Company”) is proposed to issue overseas listed shares (H Shares) and apply for listing on The Stock Exchange of Hong Kong Limited (hereinafter referred to as the “HKEX”) (hereinafter referred to as the “H Share Listing”) with the aim of deepening its strategic development, expanding into international markets, strengthening the Company’s capital base, continuously attracting and retaining outstanding talent, further enhancing its overall competitiveness, and consolidating its position in international markets. As of the date of this announcement, ACM Shanghai is in discussion with relevant intermediaries regarding the specific steps to advance the H Share Listing, and the relevant details have not yet been determined. The H Share Listing will not result in any change to ACM Shanghai’s controlling shareholder or actual controller.

In accordance with the requirements of applicable laws, regulations and normative documents, including the Company Law of the People’s Republic of China, the Securities Law of the People’s Republic of China, the Rules Governing the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange, the Interim Measures for the Administration of Overseas Securities Offering and Listing by Domestic Companies, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and the relevant provisions under the laws of the Hong Kong Special Administrative Region governing the



issuance and listing of shares in Hong Kong by issuers incorporated in the People’s Republic of China, upon finalization of the specific proposal, this H Share Listing will be subject to review and approval by the Board of Directors and shareholders’ general meeting of ACM Shanghai, and will also require filing or review and approval by relevant government authorities and regulatory bodies, including the China Securities Regulatory Commission, the HKEX, and the Securities and Futures Commission of Hong Kong.

There is significant uncertainty as to whether this H Share Listing will successfully pass the relevant review, filing, and approval procedures and be ultimately implemented. ACM Shanghai will fulfill its information disclosure obligations in a timely manner in accordance with applicable laws, regulations and normative documents and in light of subsequent progress of the H Share Listing, so as to safeguard the legitimate rights and interests of ACM Shanghai and all shareholders. Investors are kindly reminded to pay attention to subsequent announcements and to be mindful of investment risks.

This announcement is hereby issued.

ACM Research (Shanghai), Inc.
Board of Directors
April 18, 2026

Filing Exhibits & Attachments

4 documents