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[6-K] Mercurity Fintech Holding Inc. Current Report (Foreign Issuer)

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Rhea-AI Filing Summary

FARO Technologies, Inc. (FARO) – Form 4 filing (07/21/2025)

SVP & Chief Financial Officer Matthew Horwath reported the disposal of his entire direct beneficial ownership in connection with FARO’s pending merger with a wholly-owned subsidiary of AMETEK, Inc. Under the Merger Agreement dated 05/05/2025, every share and restricted/performance stock unit was cancelled and converted into the right to receive $44.00 in cash.

  • Common shares disposed: 39,264
  • Performance/Restricted Stock Units disposed: 41,018
  • Post-transaction ownership: 0 shares / 0 derivative securities

The filing confirms that, immediately prior to the effective time of the merger, all equity held by the CFO was cash-settled at the agreed merger price, signalling completion mechanics and elimination of insider equity exposure.

FARO Technologies, Inc. (FARO) – Comunicazione Form 4 (21/07/2025)

Il SVP e Chief Financial Officer Matthew Horwath ha segnalato la cessione dell'intera proprietà diretta in relazione alla fusione in corso di FARO con una controllata interamente posseduta da AMETEK, Inc. Secondo l'Accordo di Fusione datato 05/05/2025, ogni azione e unità azionaria vincolata/performance è stata annullata e convertita nel diritto di ricevere 44,00 $ in contanti.

  • Azioni ordinarie cedute: 39.264
  • Unità azionarie vincolate/performance cedute: 41.018
  • Proprietà post-transazione: 0 azioni / 0 strumenti derivati

La comunicazione conferma che, immediatamente prima dell'efficacia della fusione, tutte le azioni detenute dal CFO sono state liquidate in contanti al prezzo concordato, indicando il completamento della transazione e l'eliminazione dell'esposizione azionaria interna.

FARO Technologies, Inc. (FARO) – Presentación Formulario 4 (21/07/2025)

El SVP y Director Financiero Matthew Horwath reportó la disposición de toda su propiedad directa beneficiaria en relación con la fusión pendiente de FARO con una subsidiaria de propiedad total de AMETEK, Inc. Según el Acuerdo de Fusión fechado el 05/05/2025, cada acción y unidad de acciones restringidas/de rendimiento fue cancelada y convertida en el derecho a recibir 44,00 $ en efectivo.

  • Acciones comunes dispuestas: 39,264
  • Unidades de acciones restringidas/de rendimiento dispuestas: 41,018
  • Propiedad posterior a la transacción: 0 acciones / 0 valores derivados

La presentación confirma que, inmediatamente antes del momento efectivo de la fusión, todas las acciones en poder del CFO fueron liquidadas en efectivo al precio acordado, señalando la finalización del proceso y la eliminación de la exposición accionaria interna.

FARO Technologies, Inc. (FARO) – Form 4 제출 (2025년 7월 21일)

SVP 겸 최고재무책임자 Matthew Horwath는 FARO가 AMETEK, Inc.의 전액 출자 자회사와 진행 중인 합병과 관련하여 자신의 모든 직접적 실질 소유권 처분을 보고했습니다. 2025년 5월 5일자 합병 계약에 따라 모든 주식 및 제한/성과 주식 단위는 취소되고 주당 44.00달러 현금 수령 권리로 전환되었습니다.

  • 처분한 보통주: 39,264주
  • 처분한 성과/제한 주식 단위: 41,018단위
  • 거래 후 보유 지분: 0주 / 0 파생 증권

이 제출 서류는 합병 효력 발생 직전에 CFO가 보유한 모든 지분이 합의된 합병 가격으로 현금 정산되었음을 확인하며, 이는 합병 완료 절차와 내부자 지분 노출의 제거를 의미합니다.

FARO Technologies, Inc. (FARO) – Dépôt Formulaire 4 (21/07/2025)

Le SVP et Directeur Financier Matthew Horwath a déclaré la cession de l'intégralité de sa propriété directe bénéficiaire dans le cadre de la fusion en cours de FARO avec une filiale en propriété exclusive d'AMETEK, Inc. Selon l'accord de fusion daté du 05/05/2025, chaque action et unité d'actions restreintes/de performance a été annulée et convertie en droit de recevoir 44,00 $ en espèces.

  • Actions ordinaires cédées : 39 264
  • Unités d'actions restreintes/de performance cédées : 41 018
  • Possession après transaction : 0 actions / 0 titres dérivés

Le dépôt confirme qu'immédiatement avant l'entrée en vigueur de la fusion, toutes les actions détenues par le CFO ont été réglées en espèces au prix convenu, marquant la finalisation de la transaction et la suppression de l'exposition des initiés aux actions.

FARO Technologies, Inc. (FARO) – Form 4 Einreichung (21.07.2025)

SVP und Chief Financial Officer Matthew Horwath meldete die Veräußerung seines gesamten direkten wirtschaftlichen Eigentums im Zusammenhang mit der bevorstehenden Fusion von FARO mit einer hundertprozentigen Tochtergesellschaft von AMETEK, Inc. Gemäß dem Fusionsvertrag vom 05.05.2025 wurden alle Aktien und beschränkten/leistungsbezogenen Aktienanteile annulliert und in das Recht auf Erhalt von 44,00 $ in bar umgewandelt.

  • Veräußerte Stammaktien: 39.264
  • Veräußerte Performance-/Restricted Stock Units: 41.018
  • Eigentum nach der Transaktion: 0 Aktien / 0 derivative Wertpapiere

Die Einreichung bestätigt, dass unmittelbar vor dem Wirksamwerden der Fusion alle vom CFO gehaltenen Aktien zum vereinbarten Fusionspreis in bar abgewickelt wurden, was den Abschluss der Transaktion und die Eliminierung der Insider-Beteiligung signalisiert.

Positive
  • Cash consideration of $44 per share/unit provides immediate liquidity to shareholders and insiders as stipulated in the merger agreement.
  • Form 4 confirms mechanical completion steps of the FARO–AMETEK merger, reducing execution uncertainty for investors.
Negative
  • CFO’s ownership falls to zero, ending insider equity alignment with FARO’s ongoing performance post-transaction.

Insights

TL;DR Insider Form 4 indicates equity cancellation and $44 cash payout, confirming mechanical close of FARO-AMETEK merger.

The transaction shows the CFO’s 80,282 total equity instruments (common and RSUs/PSUs) cancelled for $44 cash each, aligning with the Merger Agreement’s terms. Insider now holds zero shares, demonstrating full transition to AMETEK ownership. From an M&A perspective, this filing is largely procedural yet confirms that consideration is fully cash, eliminating post-close rollover equity and integration complexity. It also signals that closing conditions tied to equity treatment have been met, reducing deal-completion risk.

TL;DR CFO exits equity stake; insider alignment with future performance ceases post-merger.

Governance-wise, the Form 4 records total divestiture of management’s FARO equity due to cash-only merger. While shareholders receive liquidity, removal of insider ownership may affect post-close retention incentives; however, such concerns shift to AMETEK’s compensation structures. No irregularities noted; filing meets Section 16 obligations and provides transparency on insider cash-out.

FARO Technologies, Inc. (FARO) – Comunicazione Form 4 (21/07/2025)

Il SVP e Chief Financial Officer Matthew Horwath ha segnalato la cessione dell'intera proprietà diretta in relazione alla fusione in corso di FARO con una controllata interamente posseduta da AMETEK, Inc. Secondo l'Accordo di Fusione datato 05/05/2025, ogni azione e unità azionaria vincolata/performance è stata annullata e convertita nel diritto di ricevere 44,00 $ in contanti.

  • Azioni ordinarie cedute: 39.264
  • Unità azionarie vincolate/performance cedute: 41.018
  • Proprietà post-transazione: 0 azioni / 0 strumenti derivati

La comunicazione conferma che, immediatamente prima dell'efficacia della fusione, tutte le azioni detenute dal CFO sono state liquidate in contanti al prezzo concordato, indicando il completamento della transazione e l'eliminazione dell'esposizione azionaria interna.

FARO Technologies, Inc. (FARO) – Presentación Formulario 4 (21/07/2025)

El SVP y Director Financiero Matthew Horwath reportó la disposición de toda su propiedad directa beneficiaria en relación con la fusión pendiente de FARO con una subsidiaria de propiedad total de AMETEK, Inc. Según el Acuerdo de Fusión fechado el 05/05/2025, cada acción y unidad de acciones restringidas/de rendimiento fue cancelada y convertida en el derecho a recibir 44,00 $ en efectivo.

  • Acciones comunes dispuestas: 39,264
  • Unidades de acciones restringidas/de rendimiento dispuestas: 41,018
  • Propiedad posterior a la transacción: 0 acciones / 0 valores derivados

La presentación confirma que, inmediatamente antes del momento efectivo de la fusión, todas las acciones en poder del CFO fueron liquidadas en efectivo al precio acordado, señalando la finalización del proceso y la eliminación de la exposición accionaria interna.

FARO Technologies, Inc. (FARO) – Form 4 제출 (2025년 7월 21일)

SVP 겸 최고재무책임자 Matthew Horwath는 FARO가 AMETEK, Inc.의 전액 출자 자회사와 진행 중인 합병과 관련하여 자신의 모든 직접적 실질 소유권 처분을 보고했습니다. 2025년 5월 5일자 합병 계약에 따라 모든 주식 및 제한/성과 주식 단위는 취소되고 주당 44.00달러 현금 수령 권리로 전환되었습니다.

  • 처분한 보통주: 39,264주
  • 처분한 성과/제한 주식 단위: 41,018단위
  • 거래 후 보유 지분: 0주 / 0 파생 증권

이 제출 서류는 합병 효력 발생 직전에 CFO가 보유한 모든 지분이 합의된 합병 가격으로 현금 정산되었음을 확인하며, 이는 합병 완료 절차와 내부자 지분 노출의 제거를 의미합니다.

FARO Technologies, Inc. (FARO) – Dépôt Formulaire 4 (21/07/2025)

Le SVP et Directeur Financier Matthew Horwath a déclaré la cession de l'intégralité de sa propriété directe bénéficiaire dans le cadre de la fusion en cours de FARO avec une filiale en propriété exclusive d'AMETEK, Inc. Selon l'accord de fusion daté du 05/05/2025, chaque action et unité d'actions restreintes/de performance a été annulée et convertie en droit de recevoir 44,00 $ en espèces.

  • Actions ordinaires cédées : 39 264
  • Unités d'actions restreintes/de performance cédées : 41 018
  • Possession après transaction : 0 actions / 0 titres dérivés

Le dépôt confirme qu'immédiatement avant l'entrée en vigueur de la fusion, toutes les actions détenues par le CFO ont été réglées en espèces au prix convenu, marquant la finalisation de la transaction et la suppression de l'exposition des initiés aux actions.

FARO Technologies, Inc. (FARO) – Form 4 Einreichung (21.07.2025)

SVP und Chief Financial Officer Matthew Horwath meldete die Veräußerung seines gesamten direkten wirtschaftlichen Eigentums im Zusammenhang mit der bevorstehenden Fusion von FARO mit einer hundertprozentigen Tochtergesellschaft von AMETEK, Inc. Gemäß dem Fusionsvertrag vom 05.05.2025 wurden alle Aktien und beschränkten/leistungsbezogenen Aktienanteile annulliert und in das Recht auf Erhalt von 44,00 $ in bar umgewandelt.

  • Veräußerte Stammaktien: 39.264
  • Veräußerte Performance-/Restricted Stock Units: 41.018
  • Eigentum nach der Transaktion: 0 Aktien / 0 derivative Wertpapiere

Die Einreichung bestätigt, dass unmittelbar vor dem Wirksamwerden der Fusion alle vom CFO gehaltenen Aktien zum vereinbarten Fusionspreis in bar abgewickelt wurden, was den Abschluss der Transaktion und die Eliminierung der Insider-Beteiligung signalisiert.

 

 

 

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 July 2025

 

Commission File Number 001-36896

 

MERCURITY FINTECH HOLDING INC.

(Registrant’s name)

 

1330 Avenue of the Americas, Fl 33,

New York, NY 10019

(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 ☐

 

 

 

 

 

 

Entry into a Material Definitive Agreement and Unregistered Sale of Equity Securities.

 

On July 17, 2025, Mercurity Fintech Holding Inc. (Nasdaq: MFH) (the “Company”) entered into an $200 million Equity Line of Credit Agreement (the “Agreement”) with Solana Ventures Ltd., a corporation organized and existing under the laws of the British Virgin Islands (the “Investor”).

 

According to the Agreement, the 24-month facility provides the Company with strategic flexibility to access capital in tranches ranging from $250,000 to $3 million, depending on market conditions and operational needs. The facility is subject to the filing and effectiveness of a registration statement with the SEC. The Company intends to deploy this capital to support Solana-based staking operations, decentralized yield-generation protocols, and institutional-grade treasury management infrastructure.

 

In addition, the Agreement contains several provisions designed to protect existing shareholders from excessive dilution. The Company will issue new shares priced at 95% of the volume-weighted average price (VWAP), with a floor price set at 80% of the 10-day trading low. The Investor’ beneficial ownership is capped at 4.99% of the Company’s outstanding shares, and purchase notices are limited to prevent market disruption.

 

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Equity Line of Credit Agreement, which is attached hereto as Exhibit 10.1, and is incorporated herein by reference.

 

On July 21, 2025, the Company published an announcement (the “Press Release”), a copy of which is attached herein as Exhibit 99.1.

 

This report on Form 6-K (including the exhibit hereto) shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth below.

 

INCORPORATION BY REFERENCE

 

This Report shall be incorporated by reference into the Company’s (i) registration statement on Form S-8, which became effective on May 12, 2025 (File No. 333-287201); and (ii) registration statement on Form F-3, as amended, which became effective on June 27, 2025 (File No. 333-287428), and be a part thereof from the date on which this Report is furnished to the SEC, to the extent not superseded by documents or reports subsequently filed or furnished.

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Equity Line of Credit Agreement dated July 17, 2025
99.1   Press Release

 

 

 

 

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.

 

Mercurity Fintech Holding Inc.  
     
By: /s/ Shi Qiu  
Name: Shi Qiu  
Title: Chief Executive Officer  

 

Date: July 21, 2025

 

 

FAQ

What did FARO's CFO disclose in the 07/21/2025 Form 4?

He reported disposing of 39,264 common shares and 41,018 stock units, all converted to $44.00 cash each under the merger.

How many FARO shares does the CFO own after the transaction?

Following the conversion, the filing shows 0 shares and 0 derivative securities remaining.

What price will FARO shareholders receive in the AMETEK merger?

Each FARO share or eligible stock unit will be cancelled for $44.00 in cash per the Merger Agreement.

Does the Form 4 indicate the FARO–AMETEK merger has closed?

The filing reflects equity cancellation consistent with closing mechanics, suggesting the merger is at or near its effective time.

Why were performance share units cancelled?

Under the merger terms, PSUs vested immediately before closing and were cash-settled at $44, eliminating contingent equity.
Mercurity Fintech Holding Inc

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