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Quhuo (NASDAQ: QH) to raise US$3.15M via massive share issue

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

Rhea-AI Filing Summary

Quhuo Limited entered into a definitive securities purchase agreement with certain purchasers to sell 31,500,000,000 Class A ordinary shares at US$0.0001 per share, for gross proceeds of about US$3.15 million before fees and expenses.

The company plans to file a Form F-3 registration statement to register the resale of American depositary shares, with each ADS representing 900 Class A ordinary shares. Closing is subject to customary conditions, and Quhuo intends to use the net proceeds for general corporate purposes.

Positive

  • None.

Negative

  • None.
Shares to be sold 31,500,000,000 shares Aggregate Class A ordinary shares under securities purchase agreement
Purchase price per share US$0.0001 per share Price for each Class A ordinary share
Gross proceeds US$3.15 million Aggregate gross proceeds before fees and expenses
ADS share ratio 900 shares per ADS Each ADS represents 900 Class A ordinary shares
securities purchase agreement financial
"the Company entered into a securities purchase agreement (the “Purchase Agreement”)"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
American depositary shares financial
"file a registration statement on Form F-3 to register the resale of American depositary shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Form F-3 regulatory
"intends to file a registration statement on Form F-3 to register the resale"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
general corporate purposes financial
"The Company intends to use the net proceeds from the offering for general corporate purposes."
"General corporate purposes" refer to the broad range of activities and expenses a company can use its funds for to support its overall operations and growth. This can include things like paying bills, investing in new projects, or strengthening its financial position. For investors, understanding this term helps clarify how a company plans to use its resources to sustain and expand its business over time.
safe harbor regulatory
"These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995."
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.

 

 

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 April 2026

 

Commission File Number: 001-39354

 

Quhuo Limited

(Registrant’s name)

 

3F, Building A, Xin’anmen, No. 1 South Bank

Huihe South Street, Chaoyang District

Beijing, People’s Republic of China

+86 (10) 5923-6208

(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 

 

 

 

 

CONTENTS

 

Entry into a Definitive Securities Purchase Agreement

 

On April 10, 2026, Quhuo Limited (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain purchasers named therein (the “Purchasers”). Pursuant to the Purchase Agreement, the Company agreed to sell to the Purchasers, and the Purchasers agreed to purchase from the Company, an aggregate of 31,500,000,000 Class A ordinary shares of the Company (the “Ordinary Shares”), at a purchase price of US$0.0001 per share, for aggregate gross proceeds of approximately US$3.15 million, before deducting fees and offering expenses. The Company intends to file a registration statement on Form F-3 to register the resale of American depositary shares (“ADSs”) representing such Ordinary Shares. Each ADS represents 900 Class A ordinary shares of the Company.

 

The closing of the transactions contemplated by the Purchase Agreement remains subject to the satisfaction or waiver of customary closing conditions. The Company intends to use the net proceeds from the offering for general corporate purposes.

 

The foregoing description of the Purchase Agreement is only a summary of certain material terms thereof and does not purport to be complete. This report does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

 

Incorporation By Reference

 

This Report on Form 6-K shall be deemed to be incorporated by reference into the registration statements on Forms F-3 (File No. 333-281997 and 333-273087) and Form S-8 (File No. 333-248884 and 333-294951) of the registrant and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

 

Safe Harbor Statement

 

This Report may contain forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Quhuo may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’ annual report on Form 20-F for the fiscal year ended December 31, 2025 filed with the Securities and Exchange Commission, or SEC, which is available on the SEC’s website, www.sec.gov, and in subsequent filings made by the Company with the SEC.

 

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SIGNATURES

 

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

 

  Quhuo Limited
   
Date: April 13, 2026 By: /s/ Leslie Yu
  Name:  Leslie Yu
  Title:   Chairman and Chief Executive Officer

 

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FAQ

What financing did Quhuo Limited (QH) announce in this 6-K?

Quhuo Limited agreed to sell 31,500,000,000 Class A ordinary shares for gross proceeds of about US$3.15 million. The sale is under a definitive securities purchase agreement with certain purchasers, subject to customary closing conditions.

At what price is Quhuo Limited (QH) issuing new shares?

Quhuo Limited is issuing the new Class A ordinary shares at US$0.0001 per share. This pricing results in total expected gross proceeds of approximately US$3.15 million before deducting fees and offering expenses.

What will Quhuo Limited (QH) use the offering proceeds for?

Quhuo Limited intends to use the net proceeds from this share sale for general corporate purposes. This typically includes funding operations, working capital, and other corporate needs as determined by management.

Is the Quhuo Limited (QH) share transaction already closed?

The transaction has not yet closed; completion remains subject to customary closing conditions. The company and purchasers must satisfy or waive these conditions before the share sale can be finalized.

Does this Quhuo Limited (QH) report itself offer securities to investors?

No, the report explicitly states it does not constitute an offer to sell or solicit an offer to buy securities. Any sales must comply with applicable securities laws and required registrations or qualifications.