AMTD Digital (HKD) details TGE SPAC merger, crypto plan and management pledge

Rhea-AI Filing Summary

AMTD Digital Inc. filed a Form 6-K to furnish three related announcements. One press release states that its subsidiary, The Generation Essentials Group, and Black Spade Acquisition II Co have completed a business combination, indicating a new listed or combined structure for that business. A second announcement says AMTD IDEA, AMTD Digital, and TGE propose to launch a crypto conversion program, suggesting a new way for stakeholders to convert or interact with digital assets. A third announcement describes a long-term commitment from all executive directors and core management of key operations and subsidiaries, signaling leadership alignment with the group’s future strategy.

Insights

Cross-border capital markets analyst

AMTD Digital highlights a completed SPAC deal, a crypto initiative, and leadership commitment.

The document shows AMTD Digital using a Form 6-K to group three strategic announcements. One is the completed business combination between subsidiary The Generation Essentials Group and Black Spade Acquisition II Co, which typically shifts a business into a new public or combined entity structure and can change how that asset is valued and financed.

A second release outlines a proposed crypto conversion program involving AMTD IDEA, AMTD Digital, and TGE, signaling interest in integrating digital-asset mechanisms into the group’s broader platform. The third release emphasizes long-term commitment from executive directors and core management of key operations and subsidiaries, tying leadership stability to these strategic moves. Actual financial impact will depend on detailed terms in the attached press releases and future execution.

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 August 2025

Commission File Number: 001-40463

AMTD Digital Inc.

(Translation of registrant’s name into English)

66 rue Jean-Jacques Rousseau

75001 Paris

France

(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

An announcement made on August 19, 2025 by The Generation Essentials Group, our subsidiary, is attached as exhibit 99.1 to this current report on Form 6-K.

An announcement made on August 19, 2025 by us is attached as exhibit 99.2 to this current report on Form 6-K.

An announcement made on August 20, 2025 by us is attached as exhibit 99.3 to this current report on Form 6-K.

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EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release – The Generation Essentials Group and Black Spade Acquisition II Co Complete Business Combination
99.2		Press Release – AMTD IDEA, AMTD Digital, and TGE Propose to Launch Crypto Conversion Program
99.3		Press Release – AMTD IDEA, AMTD Digital, and TGE Announce Long Term Commitment from All Executive Directors and Core Management of Key Operations and Subsidiaries

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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.

	AMTD Digital Inc.
	By :	/s/ Feridun Hamdullahpur
	Name:	Dr. Feridun Hamdullahpur
	Title :	Director

Date: August 20, 2025

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FAQ

What does AMTD Digital Inc. (HKD) report in this Form 6-K?

The Form 6-K from AMTD Digital Inc. furnishes three press releases covering the completed business combination of its subsidiary TGE with Black Spade Acquisition II Co, a proposed crypto conversion program, and a long-term commitment from executive directors and core management of key operations and subsidiaries.

Which subsidiary of AMTD Digital (HKD) completed a business combination and with whom?

The filing notes that The Generation Essentials Group, a subsidiary of AMTD Digital, and Black Spade Acquisition II Co completed a business combination, as described in exhibit 99.1.

What is the proposed crypto conversion program mentioned by AMTD Digital (HKD)?

According to the exhibit index, AMTD IDEA, AMTD Digital, and TGE propose to launch a crypto conversion program, which is discussed in a press release attached as exhibit 99.2.

How does AMTD Digital (HKD) describe management’s stance in this 6-K?

A press release attached as exhibit 99.3 states that AMTD IDEA, AMTD Digital, and TGE announce a long-term commitment from all executive directors and core management of key operations and subsidiaries.

Are detailed financial terms of the TGE and Black Spade business combination included here?

The text indicates that details of the business combination between TGE and Black Spade Acquisition II Co are contained in the press release labeled exhibit 99.1, which is attached to the Form 6-K.

Who signed the AMTD Digital (HKD) Form 6-K?

The Form 6-K is signed on behalf of AMTD Digital Inc. by Dr. Feridun Hamdullahpur, in the capacity of Director, dated August 20, 2025.