[6-K] Haoxi Health Technology Ltd Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Haoxi Health Technology entered a securities purchase agreement to raise capital through a private placement. On October 13, 2025, the company agreed to sell 5,217,391 Class A ordinary shares for an aggregate purchase price of approximately $1.2 million to certain non‑U.S. investors under Regulation S. The company plans to use the proceeds for working capital and general corporate purposes.
The agreement includes customary representations and warranties and is subject to various conditions to closing, including the accuracy of the parties’ representations. The shares are being offered in a transaction exempt from U.S. registration. A form of the Securities Purchase Agreement was filed as an exhibit.
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Insights
Reg S private placement raises
Haoxi Health Technology agreed to sell 5,217,391 Class A shares to non‑U.S. investors under Regulation S. This exemption permits offshore sales without SEC registration, providing faster access to capital compared with a registered offering.
The filing states proceeds are for working capital and general corporate purposes. Closing is conditioned on the accuracy of representations and warranties, which is standard for such transactions. Actual dilution and holder distribution are not detailed in the excerpt.
If the transaction closes as described, the company receives