Welcome to our dedicated page for Boqii Holding SEC filings (Ticker: BQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Boqii Holding Limited (NYSE American: BQ) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as a foreign private issuer. Boqii files reports with the U.S. Securities and Exchange Commission that include annual reports on Form 20-F and current reports on Form 6-K, along with other documents such as Form 25 relating to listing changes. These filings provide detailed information on Boqii’s pet-focused platform business in China, its capital structure and its financial performance.
Boqii’s Form 20-F annual report for the fiscal year ended March 31, 2025, as noted in a company press release, contains audited consolidated financial statements and broader narrative disclosure about the company’s operations and risk factors. Investors can request hard copies of this report from the company, and it is also available through the SEC’s EDGAR system.
The company frequently uses Form 6-K current reports to furnish press releases and transaction information. Examples include 6-Ks incorporating press releases on fiscal 2026 first half unaudited financial results, registered direct offerings of Class A ordinary shares and pre-funded warrants, responses to unusual trading activity in its Class A ordinary shares, and updates on equity interest repurchase agreements involving variable interest entities such as Nanjing Xingmu Biotechnology Co., Ltd. These filings often describe key terms of equity offerings, use of proceeds, and changes in contractual arrangements.
Boqii’s filings also document listing and capital structure changes. A Form 6-K filed in July 2025 describes the cessation of listing of its American Depositary Shares on NYSE American, the substitution listing of its Class A ordinary shares, and the implementation of a 1-for-160 reverse stock split consolidating ordinary shares into new Class A ordinary shares. A Form 25 filed by NYSE American in July 2025 records the removal from listing and/or registration of Boqii’s ADSs.
On Stock Titan, these SEC filings are updated in line with EDGAR and can be paired with AI-powered summaries that help explain the contents of lengthy documents. Users can quickly identify financial metrics disclosed in 6-Ks, understand the structure of capital markets transactions, and trace how Boqii’s listing status and share structure have evolved over time, all by reviewing the underlying filings and their associated summaries.
Boqii Holding Limited files an amended annual report to restate its financial statements for fiscal 2024 and 2025, mainly to reflect a 160‑for‑1 share consolidation tied to termination of its ADR program and a new par value of US$0.16 per Class A share.
Boqii is a Cayman holding company operating in China through PRC subsidiaries and VIEs because foreign ownership is restricted in value‑added telecom and related services. In fiscal 2025, VIEs generated 55.3% of net revenues and held 49.1% of consolidated assets, underscoring investor exposure to VIE enforceability and PRC policy risk.
Net revenues declined from RMB1,092.1 million in 2023 to RMB709.4 million in 2024 and RMB468.9 million (about US$64.6 million) in 2025, while net losses narrowed from RMB106.0 million to RMB68.9 million and RMB58.6 million. The company reports positive working capital but warns of ongoing losses, significant cash needs, and dependence on PRC regulatory approvals, data and cybersecurity compliance, and CSRC filing rules for any future offshore offerings.
Boqii Holding Ltd director and Co-CEO/CFO Tang Yingzhi has filed an initial Form 3 reporting her equity interests in the company. She indirectly beneficially holds 500,000 Class C ordinary shares through Green Mountain Management Limited, a British Virgin Islands company jointly owned 50/50 with her spouse.
The filing also reports beneficial ownership of 27,159 Class B ordinary shares through a 33.33% equity interest in MTL, which directly owns 81,486 Class B shares. In addition, she directly holds stock options over 94, 9 and 206 Class A ordinary shares at exercise prices of 329.4000, 660.8000 and 16.0000, expiring in 2026, 2030 and 2033 respectively.
Boqii Holding Limited reported that Senior Vice President Chao Guo resigned from his position on February 11, 2026, effective immediately. The company states that his resignation is for personal reasons and that it does not result from any disagreement with the company.
The company also notes that this update is being incorporated by reference into its existing shelf registration statement on Form F-3, allowing this leadership change disclosure to be formally included in its broader offering documents.
Boqii Holding Ltd's significant shareholder Hexstone Capital LLC and its managing member Brendan O'Neil have filed an exit Schedule 13G/A. The filing reports that each now beneficially owns 0 Class A ordinary shares and represents 0.00% of the class as of the update.
The amendment states that both parties have ceased to be beneficial owners of more than five percent of Boqii’s Class A ordinary shares, formally updating prior ownership disclosures and confirming no current voting or dispositive power over the shares.
Boqii Holding Limited reports that its variable interest entity Shanghai Guangcheng has agreed to sell its 14.5% equity interest in Nanjing Xingmu Biotechnology Co., Ltd. to Nanjing Xingmu’s two founders for an aggregate cash consideration of RMB 12.5 million, payable in installments under an equity interest repurchase agreement. Each founder will acquire 7.25% of Nanjing Xingmu from Shanghai Guangcheng. The agreement includes customary representations, warranties, covenants and provisions for indemnification or damages.
In connection with this repurchase, and subject to the conditions in the agreement, the parties expect to terminate the existing VIE contractual arrangements under which Xingmu WFOE has been treated as the primary beneficiary of Nanjing Xingmu and has consolidated its results into Boqii’s financial statements under U.S. GAAP. The company notes that statements about the repurchase, the expected VIE termination and related effects are forward-looking and subject to risks and uncertainties.
Boqii Holding Ltd (BQ): Schedule 13G filed by Michael Bigger and related entities. The filing reports beneficial ownership of the company’s Class A Ordinary Shares as of specific dates and entities.
As of November 3, 2025, Bigger Capital beneficially owned 232,667 shares (representing 6.65%), District 2 Capital Fund LP owned 116,333 shares (3.33%), and Michael Bigger was deemed to beneficially own 349,000 shares (9.98%). These percentages were calculated against 2,798,128 shares outstanding plus 698,000 shares from an offering referenced in a prospectus supplement.
The amounts exclude warrants subject to a 9.99% beneficial ownership limitation, specifically 267,334 shares (Bigger Capital) and 133,666 shares (District 2 CF) issuable upon exercise. The filing states that, as of November 5, 2025, the reporting persons sold all Common Stock (including shares issuable upon exercise of pre-funded warrants) and are not beneficial owners of at least 5.00% of the class.
Boqii Holding Ltd (BQ) — Schedule 13G filing: Hexstone Capital LLC and Brendan O'Neil disclosed beneficial ownership of 349,292 Class A Ordinary Shares, representing 9.9% of the class as of November 4, 2025.
The reported amount reflects 349,000 shares held by Hexstone plus 292 shares deemed beneficially owned from pre-funded warrants due to a 9.99% beneficial ownership limitation (the blocker). Both reporting persons show shared voting and dispositive power over 349,292 shares and no sole power.
Boqii had 3,496,128 Class A Ordinary Shares outstanding as of November 4, 2025, after giving effect to the issuer's offering disclosed in a prospectus supplement dated November 3, 2025, assuming no exercise of the pre-funded warrants sold. The filers certified the securities were not acquired to change or influence control, consistent with a passive 13G.
Boqii Holding Limited completed a registered direct offering, issuing 698,000 Class A ordinary shares at $2.80 per share and selling pre-funded warrants to purchase up to 802,000 Class A ordinary shares at $2.80 per warrant. The deal closed on November 4, 2025.
The company received approximately $4.2 million in gross proceeds, to be used for working capital and general corporate purposes. Each pre-funded warrant is exercisable immediately at $0.16 per share, with a 9.99% beneficial ownership limitation. Boqii agreed to a 30-day restriction on new issuances or related filings (with limited exceptions) and a 45-day prohibition on variable rate transactions. Univest Securities acted as placement agent, earning a 7% cash fee and up to $100,000 in expense reimbursement. The securities were offered under Boqii’s effective Form F-3 and a prospectus supplement dated November 3, 2025.