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[6-K] DDC Enterprise Ltd Current Report (Foreign Issuer)

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6-K

DDC Enterprise Limited entered into eight subscription agreements to sell an aggregate of 12,400,000 Class A ordinary shares at $10.00 per share, with closing conditioned on satisfaction of all NYSE American requirements. The company also executed lock-up and registration rights agreements tied to these shares.

Under the registration rights, DDC will file a registration statement for resale of the subscribed shares within 15 calendar days after closing. The lock-up agreements restrict investor transfers in staggered portions for varying periods after closing. As of the date hereof, 9,999,199 Class A shares are outstanding; upon approval for the various committed issuances, there will be 23,309,005 Class A shares outstanding.

DDC Enterprise Limited ha sottoscritto otto accordi di sottoscrizione per vendere un importo aggregato di 12.400.000 azioni ordinarie di classe A a $10,00 per azione, con la chiusura subordinata al rispetto di tutti i requisiti di NYSE American. L'azienda ha anche stipulato accordi di lock-up e diritti di registrazione legati a queste azioni.

Sotto i diritti di registrazione, DDC presenterà una dichiarazione di registrazione per la rivendita delle azioni sottoscritte entro 15 giorni naturali dopo la chiusura. Gli accordi di lock-up limitano i trasferimenti degli investitori in porzioni scaglionate per periodi vari dopo la chiusura. Alla data odierna, 9,999,199 azioni ordinarie di classe A sono in circolazione; previa approvazione delle varie emissioni impegnate, saranno in circolazione 23,309,005 azioni ordinarie di classe A.

DDC Enterprise Limited firmó ocho acuerdos de suscripción para vender un total de 12,400,000 acciones ordinarias de clase A a $10.00 por acción, con el cierre condicionado al cumplimiento de todos los requisitos de NYSE American. La empresa también ejecutó acuerdos de bloqueo (lock-up) y de derechos de registro vinculados a estas acciones.

En virtud de los derechos de registro, DDC presentará una declaración de registro para la reventa de las acciones suscritas dentro de 15 días naturales después del cierre. Los acuerdos de bloqueo restringen las transferencias de los inversionistas en porciones escalonadas durante distintos periodos después del cierre. A la fecha de hoy, 9,999,199 acciones ordinarias de clase A están en circulación; tras la aprobación de las diversas emisiones comprometidas, habrá 23,309,005 acciones ordinarias de clase A en circulación.

DDC Enterprise Limited는 합계 12,400,000주의 클래스 A 보통주$10.00에 팔기 위한 여덟 건의 청약 계약을 체결했으며, 마감은 모든 NYSE American 요건의 충족 여부에 따라 결정됩니다. 또한 이 주식에 연계된 잠금(lock-up) 및 등록 권리(registration rights) 계약도 체결했습니다.

등록 권리 하에 DDC는 청약 주식의 재매각을 위한 등록 신청서를 마감일 닫은 날로부터 15일 이내에 제출합니다. 잠금 계약은 마감 후 서로 다른 기간 동안 점진적으로 투자자들의 양도 를 제한합니다. 현재 발행 주식 수는 9,999,199주의 클래스 A 주식이며, 각 약정 발행 승인이 이루어지면 23,309,005주의 클래스 A 주식이 발행될 예정입니다.

DDC Enterprise Limited a conclu huit accords de souscription pour vendre un total de 12 400 000 actions ordinaires de classe A à $10,00 par action, la clôture étant conditionnée à la satisfaction de tous les exigences de NYSE American. La société a également signé des accords de verrouillage et des droits d’enregistrement liés à ces actions.

Sous les droits d’enregistrement, DDC déposera une déclaration d’enregistrement en vue de la revente des actions souscrites dans les 15 jours calendaires suivant la clôture. Les accords de verrouillage restreignent les transferts des investisseurs par portions échelonnées pendant des périodes variées après la clôture. À la date des présentes, 9 999 199 actions ordinaires de classe A sont en circulation; après l’approbation des diverses émissions engagées, il y aura 23 309 005 actions ordinaires de classe A en circulation.

DDC Enterprise Limited hat acht Abnahmeverträge abgeschlossen, um insgesamt 12.400.000 Class-A-Aktien zu einem Preis von $10,00 pro Aktie zu verkaufen, wobei der Abschluss von der Erfüllung aller Anforderungen der NYSE American abhängt. Das Unternehmen hat außerdem Lock-up- und Registrierungsrechte-Verträge im Zusammenhang mit diesen Aktien abgeschlossen.

Unter den Registrierungsrechten wird DDC innerhalb von 15 Kalendertagen nach dem Abschluss eine Registrierungserklärung für den Wiederverkauf der gezeichneten Aktien einreichen. Die Lock-up-Vereinbarungen beschränken die Übertragungen der Anleger in gestaffelten Teilen über unterschiedliche Zeiträume nach dem Abschluss. Zum Stichtag sind 9.999.199 Class-A-Aktien ausstehend; nach Genehmigung der verschiedenen zugesagten Emissionen werden 23.309.005 Class-A-Aktien ausstehend sein.

DDC Enterprise Limited أبرمت ثمانية اتفاقيات اشتراك لبيع ما مجموعه 12,400,000 سهماً عادياً من الفئة A بسعر $10.00 للسهم، مع إقفال مشروط باستيفاء جميع متطلبات NYSE American. كما وقعت الشركة أيضاً اتفاقيات قفل (lock-up) وحقوق تسجيل مرتبطة بهذه الأسهم.

بموجب حقوق التسجيل، ستقدم DDC بيان تسجيل لإعادة بيع الأسهم المكتتبة خلال 15 يوماً تقويمياً بعد الإغلاق. تقيد اتفاقيات القفل تحويلات المستثمرين جزئياً على فترات متفاوتة بعد الإغلاق. واعتباراً من هذا التاريخ، يوجد 9,999,199 سهمًا من فئة A قيد التداول؛ وبموافقة الإصدارات الملتزم بها المختلفة، سيكون هناك 23,309,005 سهمًا من فئة A قيد التداول.

DDC Enterprise Limited 已签署八份认购协议,总计出售 12,400,000 股 A 类普通股,价格为 $10.00 每股,成交以符合所有 NYSE American 要求为条件。公司还签署了与这些股份相关的锁定及注册权协议。

根据注册权,DDC 将在 成交后 15 个日历日 内提交用于转售认购股份的注册声明。锁定协议在成交后以不同期限分阶段限制投资者的转让。截至本期日,流通在外的 9,999,199 股 A 类普通股;在批准各项承诺发行后,将有 23,309,005 股 A 类普通股 在外流通。

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Insights

Large primary share sale announced at $10, subject to NYSE American conditions.

DDC agreed to sell 12,400,000 Class A shares at $10.00 per share across eight investors. This is a primary issuance; completion requires satisfaction of NYSE American requirements. The structure adds multiple investors and uses standardized subscription terms.

Post-closing mechanics include lock-up agreements that stagger transferability and a commitment to file a resale registration within 15 days after closing. These terms outline how and when shares could enter the market once eligible, but actual timing depends on closing and effectiveness steps.

The filing notes 9,999,199 shares outstanding as of the date hereof and a potential increase to 23,309,005 shares upon approvals for committed issuances. Market impact will hinge on closing, resale registration effectiveness, and the pace of any permitted sales.

DDC Enterprise Limited ha sottoscritto otto accordi di sottoscrizione per vendere un importo aggregato di 12.400.000 azioni ordinarie di classe A a $10,00 per azione, con la chiusura subordinata al rispetto di tutti i requisiti di NYSE American. L'azienda ha anche stipulato accordi di lock-up e diritti di registrazione legati a queste azioni.

Sotto i diritti di registrazione, DDC presenterà una dichiarazione di registrazione per la rivendita delle azioni sottoscritte entro 15 giorni naturali dopo la chiusura. Gli accordi di lock-up limitano i trasferimenti degli investitori in porzioni scaglionate per periodi vari dopo la chiusura. Alla data odierna, 9,999,199 azioni ordinarie di classe A sono in circolazione; previa approvazione delle varie emissioni impegnate, saranno in circolazione 23,309,005 azioni ordinarie di classe A.

DDC Enterprise Limited firmó ocho acuerdos de suscripción para vender un total de 12,400,000 acciones ordinarias de clase A a $10.00 por acción, con el cierre condicionado al cumplimiento de todos los requisitos de NYSE American. La empresa también ejecutó acuerdos de bloqueo (lock-up) y de derechos de registro vinculados a estas acciones.

En virtud de los derechos de registro, DDC presentará una declaración de registro para la reventa de las acciones suscritas dentro de 15 días naturales después del cierre. Los acuerdos de bloqueo restringen las transferencias de los inversionistas en porciones escalonadas durante distintos periodos después del cierre. A la fecha de hoy, 9,999,199 acciones ordinarias de clase A están en circulación; tras la aprobación de las diversas emisiones comprometidas, habrá 23,309,005 acciones ordinarias de clase A en circulación.

DDC Enterprise Limited는 합계 12,400,000주의 클래스 A 보통주$10.00에 팔기 위한 여덟 건의 청약 계약을 체결했으며, 마감은 모든 NYSE American 요건의 충족 여부에 따라 결정됩니다. 또한 이 주식에 연계된 잠금(lock-up) 및 등록 권리(registration rights) 계약도 체결했습니다.

등록 권리 하에 DDC는 청약 주식의 재매각을 위한 등록 신청서를 마감일 닫은 날로부터 15일 이내에 제출합니다. 잠금 계약은 마감 후 서로 다른 기간 동안 점진적으로 투자자들의 양도 를 제한합니다. 현재 발행 주식 수는 9,999,199주의 클래스 A 주식이며, 각 약정 발행 승인이 이루어지면 23,309,005주의 클래스 A 주식이 발행될 예정입니다.

DDC Enterprise Limited a conclu huit accords de souscription pour vendre un total de 12 400 000 actions ordinaires de classe A à $10,00 par action, la clôture étant conditionnée à la satisfaction de tous les exigences de NYSE American. La société a également signé des accords de verrouillage et des droits d’enregistrement liés à ces actions.

Sous les droits d’enregistrement, DDC déposera une déclaration d’enregistrement en vue de la revente des actions souscrites dans les 15 jours calendaires suivant la clôture. Les accords de verrouillage restreignent les transferts des investisseurs par portions échelonnées pendant des périodes variées après la clôture. À la date des présentes, 9 999 199 actions ordinaires de classe A sont en circulation; après l’approbation des diverses émissions engagées, il y aura 23 309 005 actions ordinaires de classe A en circulation.

DDC Enterprise Limited hat acht Abnahmeverträge abgeschlossen, um insgesamt 12.400.000 Class-A-Aktien zu einem Preis von $10,00 pro Aktie zu verkaufen, wobei der Abschluss von der Erfüllung aller Anforderungen der NYSE American abhängt. Das Unternehmen hat außerdem Lock-up- und Registrierungsrechte-Verträge im Zusammenhang mit diesen Aktien abgeschlossen.

Unter den Registrierungsrechten wird DDC innerhalb von 15 Kalendertagen nach dem Abschluss eine Registrierungserklärung für den Wiederverkauf der gezeichneten Aktien einreichen. Die Lock-up-Vereinbarungen beschränken die Übertragungen der Anleger in gestaffelten Teilen über unterschiedliche Zeiträume nach dem Abschluss. Zum Stichtag sind 9.999.199 Class-A-Aktien ausstehend; nach Genehmigung der verschiedenen zugesagten Emissionen werden 23.309.005 Class-A-Aktien ausstehend sein.

 

 

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 2025

 

Commission File Number: 001-41872

 

DDC Enterprise Limited

 

368 9th Ave., New York, NY 10001 USA

+ 852-2803-0688

(Address of principal executive office)

 

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

 

When used in this Form 6-K (this “Report”), unless otherwise indicated, the terms, “DDC,” “Company,” and “we” refer to DDC Enterprise Limited.

 

Entry into Material Definitive Agreements

 

Subscription Agreements

 

On or around October 8, 2025, DDC Enterprise Limited (the “Company”) entered into eight separate subscription agreements (the “Subscription Agreements”) with eight investors (the “Investors”). Pursuant to the Subscription Agreements, the Investors agreed to subscribe for and purchase, and the Company agreed to sell and issue to the eight Investors, an aggregate of 12,400,000 Class A ordinary shares, par value $0.40 per share (the “Subscribed Shares”), at a purchase price of $10.00 per share. The closing of the sale and purchase of the Subscribed Shares requires satisfaction of all NYSE American requirements.

 

The foregoing description of the Subscription Agreements does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Subscription Agreements, a form of which is furnished hereto as Exhibit 10.1 and incorporated herein by reference.

 

Additional Agreements

 

The Company has also entered into lock-up agreements (the “Lock-up Agreements”) and registration rights agreements (the “Registration Rights Agreements”) with respect to the Subscribed Shares. The lock-up provisions restrict the Investors from transferring, selling, or otherwise disposing of their securities in staggered portions for varying periods following the closing date. Pursuant to the Registration Rights Agreements, the Company shall within 15 calendar days after closing file a registration statement with the SEC to register the Subscribed Shares for resale.

 

The foregoing description of the Lock-up Agreements and the Registration Rights Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Lock-up Agreements and the Registration Rights Agreement, forms of which are furnished hereto as Exhibit 10.2 and 10.3, respectively, and incorporated herein by reference.

 

On October 8, 2025, the Company issued a press release announcing the entry into the various agreements described above. A copy of the press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.

 

As of the date hereof, there are 9,999,199 Class A ordinary shares issued and outstanding. Upon approval from the NYSE American for the various share issuances to which the Company has committed, there will be 23,309,005 Class A ordinary shares issued and outstanding.

 

Safe Harbor Statements

 

This filing contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “in the process of,” “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue” or other similar expressions. Among other things, closing of the sale and purchase of the shares pursuant to the Subscription Agreements are forward-looking statements. DDC may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about DDC’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: DDC’s Bitcoin strategy; performance of any joint ventures; DDC’s growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide products and services to attract and retain buyers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to rely on merchants and third-party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with merchants; trends and competition in China’s e-commerce market; changes in its revenues and certain cost or expense items; the expected growth of China’s e-commerce market; PRC governmental policies and regulations relating to DDC’s industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in DDC’s filings with the SEC. All information provided in this report and in the attachments is as of the date of this report, and DDC undertakes no obligation to update any forward-looking statement, except as required under applicable law.

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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.

 

  DDC Enterprise Limited
   
Date: October 14, 2025 By: /s/ Norma Ka Yin Chu
  Name:  Norma Ka Yin Chu
  Title: Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Form of Subscription Agreement
10.2   Form of Lock-up Agreement
10.3   Form of Registration Rights Agreement
99.1   Press Release issued October 8, 2025

 

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FAQ

What did DDC (DDC) announce?

DDC entered into eight subscription agreements to sell an aggregate of 12,400,000 Class A ordinary shares at $10.00 per share, subject to NYSE American requirements.

How many DDC shares are outstanding now and after approvals?

As of the date hereof, DDC has 9,999,199 Class A shares outstanding; upon approval for committed issuances, there will be 23,309,005 Class A shares outstanding.

What conditions must be met for the share sale to close?

Closing requires satisfaction of all NYSE American requirements.

What are the lock-up and registration rights terms for DDC?

Lock-ups restrict transfers in staggered portions after closing. DDC will file a resale registration statement within 15 calendar days after closing for the subscribed shares.

Who are the investors in DDC’s subscription agreements?

There are eight investors participating under eight separate subscription agreements.

Will DDC receive proceeds from this transaction?

This is a primary issuance at $10.00 per share; completion is conditioned on closing.
DDC ENTERPRISE LTD

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