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Golden Sun (GSUN) removes Adjusted Floor Price in $5M convertible note

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

Rhea-AI Filing Summary

Golden Sun Health Technology Group Limited filed an amended Form 6-K to add details about an amendment to its existing financing. The company had previously issued a Senior Secured Convertible Note with an aggregate principal amount of $5,000,000 to two accredited investors under a Securities Purchase Agreement dated October 28, 2024, with closing on December 3, 2024. On August 15, 2025, the company and these investors signed Amendment No. 1 to the note, which removes the Adjusted Floor Price defined in the original note and any related adjustments. The amendment is attached as Exhibit 4.1 and this amended Form 6-K is also incorporated by reference into the company’s effective Form F-1 registration statement and related prospectuses.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K/A

(Amendment No. 1)

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2025

 

Commission File Number: 001-41425

 

Golden Sun Health Technology Group Limited 

金太阳健康科技集团有限公司

(Translation of registrant’s name into English)

 

Room 503, Building C2, No. 1599

Xinjinqiao Road, Pudong New Area

Shanghai, China

(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

 

 

 

 

 

 

EXPLANATORY NOTE

 

This report on the amended Form 6-K (“Amended Form 6-K”) of Golden Sun Health Technology Group Limited, a Cayman Islands exempted company (the “Company”), is being filed to amend the previously Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on December 6, 2024 (“Initial Form 6-K”), to include an amendment, dated August 15, 2025 (the “Note Amendment”), to amend a certain Senior Secured Convertible Note (“Convertible Note”), originally issued to certain investors on October 28, 2024, and to provide a description of such Note Amendment. Except as set forth herein, no modifications have been made to the information contained in the Initial Form 6-K.

  

INCORPORATION BY REFERENCE

 

The Amended Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form F-1, as amended (Registration Number: 333-285857) of Golden Sun Health Technology Group Limited, a Cayman Islands exempted company (the “Company”), declared effective by the SEC on March 25, 2025 (“Registration Statement”), and into each prospectus or prospectus supplement outstanding under the Registration Statement, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Entry Into a Material Definitive Agreement.

 

Amendment No. 1 to Senior Secured Convertible Note

 

As previously reported in the Initial Form 6-K, pursuant to certain Securities Purchase Agreement, dated October 28, 2024, entered into by and between the Company and two accredited investors (the “Investors”), the Company has issued and sold to the Investors the Convertible Note in the aggregate principal amount of $5,000,000 at the closing held on December 3, 2024.

 

On August 15, 2025, the Company and the Investors signed the Note Amendment, to remove the Adjusted Floor Price (as defined in the Convertible Note) and any adjustments related therein.

 

The above description of the Note Amendment is qualified in its entirety by the text of the Note Amendment, a copy of which is attached as Exhibit 4.1 to this Amended Form 6-K.

  

1

 

 

EXHIBIT INDEX

 

Exhibit Number   Description
4.1   Amendment No. 1 to Senior Secured Convertible Note, dated August 15, 2025

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Golden Sun Health Technology Group Limited
     
  By: /s/ Xueyuan Weng
    Name: Xueyuan Weng
    Title: Chief Executive Officer

 

Date: August 15, 2025

 

3

 

 

FAQ

What did Golden Sun Health Technology Group Limited (GSUN) change in its convertible note?

Golden Sun Health Technology Group Limited signed Amendment No. 1 to its Senior Secured Convertible Note on August 15, 2025, removing the Adjusted Floor Price provision and any adjustments related to that term.

How large is the Senior Secured Convertible Note mentioned in GSUN’s amended 6-K?

The Senior Secured Convertible Note was issued in an aggregate principal amount of $5,000,000 to two accredited investors under a Securities Purchase Agreement dated October 28, 2024.

Who are the counterparties to Golden Sun Health Technology Group Limited in the note amendment?

The amendment to the Senior Secured Convertible Note was entered into between Golden Sun Health Technology Group Limited and two accredited investors that previously purchased the note.

When was the note amendment signed by Golden Sun Health Technology Group Limited (GSUN)?

The amendment to the Senior Secured Convertible Note, titled Amendment No. 1, was signed on August 15, 2025.

How does this amended 6-K relate to GSUN’s existing registration statement?

The amended Form 6-K is deemed incorporated by reference into Golden Sun Health Technology Group Limited’s effective Form F-1 registration statement (Registration Number 333-285857) and each outstanding prospectus or supplement under that registration statement.

Where can investors find the full text of GSUN’s note amendment?

The complete text of Amendment No. 1 to the Senior Secured Convertible Note is filed as Exhibit 4.1 to the amended Form 6-K.