Here are the 424B prospectus supplements from Haoxin Holdings Limited (HXHX) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow HXHX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HXHX filings page.
Haoxin Holdings Ltd (HXHX) is registering for resale up to 18,000,000 Class A Ordinary Shares by Mermaid Money LLC, tied to an equity line of credit, senior convertible notes and a warrant. Although its financing documents allow up to 89,407,293 shares to be issued to Mermaid Money, only these 18,000,000 are registered for resale here. If all 18,000,000 shares were issued, Haoxin would have 26,950,000 Class A shares outstanding and the registered shares would equal 66.8% of that total, creating substantial potential dilution and overhang. Haoxin has a $30 million equity line it may draw at discounts to market, two $600,000 senior convertible notes and a warrant for 2,368,421 shares at $0.456. The company emphasizes significant risks, including Nasdaq minimum bid-price noncompliance with a possible reverse split, extensive China regulatory and cash-transfer constraints, and the difficulty for U.S. investors to enforce judgments against a Cayman holding company whose operations, assets and management are primarily in the PRC.