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ChowChow Cloud receives $500K; share sale pending

ChowChow Cloud has received the full purchase price, but closing is still expected during the week ending October 30, subject to remaining customary conditions.

(High)

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Form Type
6-K

Rhea-AI Filing Summary

ChowChow Cloud International Holdings Ltd (CHOW) received the full US$500,000 purchase price under its securities purchase agreement with an investor; it received the outstanding balance on October 26, 2026. Following the 1-for-10 reverse share split effective October 23, 2026, the agreement provides for 86,207 Class A Ordinary Shares at US$5.80 per share.

As of October 27, 2026, the transaction had not closed and no shares had been issued. The company expects closing during the week ending October 30, 2026, subject to satisfaction or waiver of the remaining customary closing conditions, and expects to issue the 86,207 shares upon closing.

Insights

Analyzing...

Aggregate purchase price US$500,000 Full purchase price received under the securities purchase agreement
Shares expected to be issued 86,207 Class A Ordinary Shares Expected upon closing
Adjusted purchase price per share US$5.80 Under the securities purchase agreement after the reverse share split
Reverse share split ratio 1-for-10 Effective October 23, 2026
Securities Purchase Agreement financial
"under the Securities Purchase Agreement"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
reverse share split technical
"1-for-10 reverse share split"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
redesignation technical
"reverse share split and redesignation"
customary closing conditions financial
"satisfaction or waiver of the remaining customary closing conditions"
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
Split Ratio 1-for-10 reverse split
Effective Date October 23, 2026

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does CHOW expect to issue under the private placement?

CHOW expects to issue 86,207 Class A Ordinary Shares to the investor upon closing. The adjusted purchase price is US$5.80 per share, and the transaction had not closed as of October 27, 2026.

How much has CHOW received under the securities purchase agreement?

CHOW received the full aggregate purchase price of US$500,000, with the outstanding balance received on October 26, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-42839

 

ChowChow Cloud International Holdings Limited

 

Unit 03, 23/F, Aitken Vanson Centre,

No. 61 Hoi Yuen Road, Kwun Tong

Kowloon, Hong Kong

+852 3461 3788

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On October 27, 2026, ChowChow Cloud International Holdings Limited (the “Company”) issued a press release announcing an update regarding the previously disclosed securities purchase agreement entered into by the Company and an investor on June 16, 2026 (the “Securities Purchase Agreement”).

 

As previously disclosed, the Securities Purchase Agreement provides for the issuance and sale of 862,069 ordinary shares of the Company at a purchase price of $0.58 per share, for an aggregate purchase price of $500,000.

 

As a result of the Company’s previously disclosed 1-for-10 reverse share split and redesignation, each approved by the Company’s shareholders at the extraordinary general meeting held on September 14, 2026 and effective October 23, 2026, the number of shares issuable under the Securities Purchase Agreement was adjusted to 86,207 Class A Ordinary Shares and the purchase price was correspondingly adjusted to US$5.80 per share.

 

On October 26, 2026, the Company received the outstanding balance of the purchase price payable under the Securities Purchase Agreement. Accordingly, the Company has now received the full aggregate purchase price of $500,000. The Company expects the transaction to close during the week ending October 30, 2026, subject to the satisfaction or waiver of the remaining customary closing conditions.

 

As of October 27, 2026, the transaction has not yet closed, and no Class A Ordinary Shares have been issued pursuant to the Securities Purchase Agreement. The Company expects to issue 86,207 Class A Ordinary Shares to the investor upon the closing of the transaction.

 

A copy of the press release is furnished as Exhibit 99.1 to this Form 6-K and is incorporated herein by reference.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated October 27, 2026.

 

2

 

 

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.

 

  ChowChow Cloud International Holdings Limited
     
Date: October 27, 2026 By: /s/ Yee Kar Wing
  Name: Yee Kar Wing
  Title: Chairman of the Board and Chief Executive Officer

 

3

 

 

Exhibit 99.1

 

ChowChow Cloud International Holdings Limited Provides Further Update Regarding

Previously Announced Private Placement

 

Singapore, October 27, 2026 /PRNewswire/ — ChowChow Cloud International Holdings Limited (“ChowChow”, the “Company”) (NYSE American: CHOW) today provided a further update regarding its previously announced private placement.

 

As previously disclosed, on June 16, 2026, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an investor for the issuance and sale of 862,069 ordinary shares at $0.58 per share, for an aggregate purchase price of US$500,000.

 

As a result of the Company’s previously disclosed 1-for-10 reverse share split and redesignation, each approved by the Company’s shareholders at the extraordinary general meeting held on September 14, 2026 and effective October 23, 2026, the number of shares issuable under the Securities Purchase Agreement was adjusted to 86,207 Class A Ordinary Shares and the purchase price was correspondingly adjusted to US$5.80 per share.

 

On October 26, 2026, the Company received the outstanding balance of the purchase price payable under the Securities Purchase Agreement. Accordingly, the Company has now received the full aggregate purchase price of $500,000. The Company expects the transaction to close during the week ending October 30, 2026, subject to the satisfaction or waiver of the remaining customary closing conditions.

 

As of October 27, 2026, the transaction has not yet closed, and no Class A Ordinary Shares have been issued pursuant to the Securities Purchase Agreement. The Company expects to issue 86,207 Class A Ordinary Shares to the investor upon the closing of the transaction.

 

About ChowChow Cloud International Holdings Limited

 

ChowChow Cloud is a pioneer in providing one-stop cloud solutions that support companies across the IT industry value chain throughout their entire cloud transformation journey from consulting, deployment and migration to cloud environment building and management. ChowChow Cloud was founded in December 2014 by a group of passionate and experienced professionals, who envisioned the potential of cloud technology to transform the way businesses of various sizes operate. Recognizing the growing need for digitization and the benefits that cloud technology could bring to businesses, ChowChow Cloud’s founders set out to create a company that would bridge the gap between cloud services providers and companies who seek to move to the cloud.

 

Forward-looking Statements

 

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including market and other conditions. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.

 

For more information, please contact:

 

Investor Relations Team

ChowChow Cloud International Holdings Limited

Email: ir@chochowcloud.com

 

 

 

Filing Exhibits & Attachments

1 document

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