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.
Boqii Holding Limited files foreign-issuer reports that document governance, shareholder voting matters, operating updates and capital-structure events for its China pet-products platform. The company’s Form 6-K reports include annual general meeting notices and proxy materials, officer changes, financial-results releases, material agreements, and NYSE American market-action statements.
Its filings also record securities transactions and security-structure changes, including a registered direct offering of Class A ordinary shares and pre-funded warrants, the termination of the ADS facility, substitution listing of Class A ordinary shares, reverse stock split, and amendments to its Cayman Islands constitutional documents. Other disclosures address VIE-related arrangements involving Shanghai Guangcheng and Nanjing Xingmu, incorporation by reference into Form F-3 registration statements, and related foreign-private-issuer reporting matters.
Boqii Holding Limited (BQ) is a Cayman Islands holding company that operates China pet-related businesses through PRC subsidiaries and consolidated variable interest entities (VIEs) due to foreign ownership restrictions in value-added telecommunications and related areas. Investors hold equity in the Cayman holding company, not in PRC operating entities.
VIEs generated 71.2%, 55.3% and 33.2% of net revenues and held 44.8%, 49.1% and 36.1% of consolidated assets (excluding intra-group amounts) for fiscal years ended March 31, 2024, 2025 and 2026, respectively. Revenues declined from RMB709.4 million to RMB468.9 million to RMB420.5 million (US$61.0 million), while net loss narrowed from RMB68.9 million to RMB58.6 million to RMB1.9 million (US$0.3 million).
Working capital was positive at RMB134.1 million (US$19.4 million) as of March 31, 2026, with consolidated cash and cash equivalents of RMB49.4 million. Boqii had made cumulative capital contributions of RMB1,220.8 million (US$177.0 million) into PRC subsidiaries. The company has never paid dividends and plans to retain earnings. Management highlights substantial PRC regulatory risks around the VIE structure, foreign investment, foreign exchange, data security, cybersecurity review, and new CSRC filing rules for future offshore offerings; adverse regulatory changes could lead to penalties or make Class A shares lose substantial value.
Boqii Holding Limited registers for resale up to 9,990,000 Class A Ordinary Shares, to be sold from time to time by the named selling securityholders or their successors.
The registration covers up to 3,000,000 issued Class A Ordinary Shares and up to 6,990,000 Class A Ordinary Shares issuable upon exercise of pre-funded warrants (each Pre-Funded Warrant exercisable for 2.33 Class A Ordinary Shares at an exercise price of $0.0001 per share). The Company is not selling any securities and will receive proceeds only if Pre-Funded Warrants are exercised for cash. The prospectus emphasizes operational and regulatory risks of the Company’s Cayman holding/VIE structure and PRC oversight, and discloses recent financings and capital-structure changes including a registered direct offering, private placements, an ADS termination and a share capital restructuring.
Boqii Holding Limited filed a Form 6-K to share a press release about recent trading in its shares. The company became aware of unusual trading activity in its Class A ordinary shares on the NYSE American on June 10, 2026 and responded under NYSE American rules.
After internal review and consultations, Boqii states it is not aware of any material developments in its business or affairs beyond information already disclosed publicly. The company emphasizes that investors should rely on its official filings and press releases for updates.
Boqii Holding Limited filed a Form F-3 prospectus dated to register up to 9,990,000 Class A Ordinary Shares for resale by selling securityholders from time to time after the effective date. The amount comprises 3,000,000 Class A ordinary shares issued and 6,990,000 Pre-Funded Warrant Shares issuable upon exercise of pre-funded warrants.
The company states it is not selling any shares hereunder and will receive no proceeds from resales, except that it may receive cash proceeds equal to the exercise price if Pre-Funded Warrants are exercised for cash. The Pre-Funded Warrants are exercisable immediately and expire two years after initial exercise; each Pre-Funded Warrant is exercisable for 2.33 Class A Ordinary Shares at an exercise price of $0.0001 per share. Shares trade on NYSE American under the symbol BQ.
Boqii Holding Limited entered into a Securities Purchase Agreement with certain non-U.S. investors for a private placement of up to 3,000,000 units at $0.6667 per unit, for aggregate gross proceeds of up to about $2,000,100. Each unit includes one Class A ordinary share and a pre-funded warrant exercisable for 2.33 Class A ordinary shares at an exercise price of $0.0001 per share. At closing, Boqii will issue up to 3,000,000 shares and reserve up to 6,990,000 Class A ordinary shares for warrant exercises. The company plans to use the net proceeds for general corporate purposes and working capital and has agreed to file a registration statement covering resales of the shares and warrant shares.
Boqii Holding Limited held its annual general meeting on May 6, 2026, where shareholders approved a series of major share capital changes. A quorum was present, with holders entitled to cast 51,675,666 votes represented in person or by proxy.
Shareholders passed a Capital Reduction that cuts the par value of each share from US$0.16 to US$0.0000001, with the credit moved to a distributable reserve that the board may use, including to offset accumulated losses. The meeting also approved a Recapitalization, increasing authorized share capital to US$2,000 divided into 20,000,000,000 shares across Class A, B and C, and a new set of Fifteenth Amended and Restated Memorandum and Articles of Association. In addition, shareholders authorized a future share consolidation, allowing the board, within two years, to consolidate each 200 (or another approved number of at least two) ordinary shares into one share. On May 7, 2026, the company filed the new memorandum and articles with the Cayman Islands registrar.
Boqii Holding Limited is calling an annual general meeting on May 6, 2026 to ask shareholders to approve a sweeping recapitalization and governance update. The board backs five proposals it says are in the best interests of the company and its owners.
The Capital Reduction Proposal would cut par value per share from US$0.16 to US$0.0000001, reduce issued share capital and move the resulting credit into a distributable reserve that can, among other uses, offset accumulated losses. Authorized capital would temporarily drop to US$12.5, divided into 125,000,000 shares, with 4,879,614 ordinary shares issued and outstanding.
The Recapitalization Proposal would then increase authorized capital to US$2,000, divided into 20,000,000,000 shares across Class A, B and C ordinary shares and additional blank‑check classes. An Articles Amendment Proposal would adopt Fifteenth Amended and Restated Memorandum and Articles to reflect these changes.
A separate Share Consolidation Proposal would authorize the board, within two years, to consolidate each 200 (or a smaller whole number not less than two) ordinary shares into one share. The company notes this is intended to help support compliance with NYSE American listing standards by raising the share price. An Adjournment Proposal would allow the meeting to be delayed if needed to gather enough votes.
Boqii Holding Ltd director Zhang Su (Surge) filed an initial insider registration on Form 3. This filing establishes Zhang Su as a reporting insider of Boqii Holding but does not list any insider transactions or derivative positions in the accompanying data.
Boqii Holding Ltd director Luo Guangyu has filed an initial Form 3, which is a statement of beneficial ownership for insiders. The available data show no reported buy, sell, or derivative transactions, and no holdings or option positions are listed in this snapshot.