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Pop Culture Group (NASDAQ: CPOP) to issue shares for XPOP tokens

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Pop Culture Group Co., Ltd approved a strategic investment in the crypto asset XPOP. The company plans to issue 47,000,000 Class A ordinary shares in exchange for 47,000,000 XPOP tokens, with the transaction expected to close within 20 days from the announcement date.

The company aims to use this XPOP position to promote applications in pop music, virtual idols, digital collectibles, and immersive entertainment technologies, supporting a next-generation pan-Asian trend culture ecosystem. A related press release is attached as an exhibit.

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Insights

Pop Culture Group plans a large share-for-token swap tied to XPOP.

Pop Culture Group approved a strategic investment in XPOP, agreeing to issue 47,000,000 Class A ordinary shares in exchange for 47,000,000 XPOP tokens. This is an equity-funded investment, meaning existing ownership stakes may be affected by the additional share issuance once the transaction closes.

The company states it intends to apply XPOP across pop music, virtual idols, digital collectibles, and immersive entertainment technologies to build a pan-Asian trend culture ecosystem. This links part of its strategy directly to a specific crypto asset, so business outcomes will partly depend on both execution in these entertainment segments and the viability of XPOP as a usable token.

The transaction is expected to close within 20 days from the announcement date, making it a near-term capital structure and strategic shift. Subsequent disclosures may provide more clarity on how the XPOP tokens are integrated into products, revenue models, and any related risks or accounting treatment.

 

 

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 September 2025

 

Commission File Number: 001-40543

 

Pop Culture Group Co., Ltd

(Registrant’s Name)

 

Room 1207-08, No. 2488 Huandao East Road

Huli District, Xiamen City, Fujian Province
The People’s Republic of China
(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

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT 

 

Pop Culture Group Co., Ltd (the “Company”) today announced that on September 18, 2025, the Company approved a strategic investment in the crypto asset XPOP. The investment will be made through the issuance of 47,000,000 Class A ordinary shares in exchange for 47,000,000 XPOP tokens. The transaction is expected to close within 20 days from the date of this announcement.

 

The Company intends to leverage this investment to promote the application of XPOP in pop music, virtual idols, digital collectibles, and immersive entertainment technologies, with the aim of advancing the development of a next-generation pan-Asian trend culture ecosystem. A copy of press release is furnished as Exhibit 99.1 to this Report on Form 6-K and incorporated herein by reference.

 

Exhibits Index

 

Exhibit No.   Description
99.1   Press release dated September 18, 2025

 

1

 

 

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.

 

  Pop Culture Group Co., Ltd
     
Date: September 18, 2025 By: /s/ Zhuoqin Huang
  Name: Zhuoqin Huang
  Title: Chief Executive Officer

 

2

 

FAQ

What did Pop Culture Group (CPOP) announce in this Form 6-K?

Pop Culture Group Co., Ltd announced that it approved a strategic investment in the crypto asset XPOP, using newly issued Class A ordinary shares in exchange for XPOP tokens.

How many shares and tokens are involved in Pop Culture Groups XPOP deal?

The company plans to issue 47,000,000 Class A ordinary shares in exchange for 47,000,000 XPOP tokens as part of the strategic investment.

When is Pop Culture Groups XPOP share-for-token transaction expected to close?

The transaction is expected to close within 20 days from the date of the announcement on September 18, 2025.

What is the strategic goal of Pop Culture Groups investment in XPOP?

Pop Culture Group intends to leverage XPOP in pop music, virtual idols, digital collectibles, and immersive entertainment technologies to help build a next-generation pan-Asian trend culture ecosystem.

Does this Form 6-K include additional details on XPOP beyond the investment terms?

This report mainly discloses the share-for-token structure and strategic intent; a related press release dated September 18, 2025 is attached as Exhibit 99.1 for further information.

What type of security is Pop Culture Group issuing for the XPOP investment?

Pop Culture Group is issuing Class A ordinary shares as consideration in exchange for XPOP tokens.