STOCK TITAN

Fang Holdings (SFUNY) plans settlement-funded cash payout to shareholders

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Fang Holdings Limited reports that a derivative lawsuit in New York has been resolved under a Stipulation of Settlement that received a Final Order and Judgment on February 9, 2026 and became final on March 12, 2026. A special cash distribution funded by the defendants will be paid to all holders of Fang ordinary shares and ADSs who are on record as of the close of business on April 20, 2026 Eastern Time. The special cash distribution is expected to be paid by May 5, 2026. Fang also confirms completion of the transfer of 20,471,063 CIH Holdings Limited shares from the defendants to Fang pursuant to the settlement.

Positive

  • None.

Negative

  • None.
Final Order date February 9, 2026 Date New York court entered Final Order and Judgment approving settlement
Final as of date March 12, 2026 Date the Final Order became final
Record date April 20, 2026 Record date for special cash distribution to ordinary share and ADS holders
Expected payment date May 5, 2026 Expected date special cash distribution will be paid
CIH Holdings shares transferred 20,471,063 shares CIH Holdings Limited shares transferred from defendants to Fang
Commission File Number 001-34862 Fang Holdings Limited SEC file reference
Stipulation of Settlement regulatory
"had reached a Stipulation of Settlement with respect to a derivative case in New York"
A stipulation of settlement is a formal written agreement in a lawsuit where the parties set out the terms to resolve the dispute, often specifying payments, actions to be taken, and steps to dismiss the case with the court. For investors it matters because this signed pact removes legal uncertainty, fixes potential cash or operational obligations, and can change a company’s risk profile—like neighbors agreeing who will repair a shared fence so both can move on.
Final Order and Judgment regulatory
"The New York State Supreme Court, Commercial Division entered the Final Order and Judgment on February 9, 2026"
special cash distribution financial
"a special cash distribution will be paid from a settlement account funded by the Defendants"
A special cash distribution is a one-time payment made to shareholders, separate from regular dividend payments, often representing a share of profits or assets. It acts like a bonus or extra reward, giving investors immediate cash instead of reinvesting in the company. This can be important to investors because it provides quick income and may signal changes in the company's financial situation.
record as of the close of business financial
"of record as of the close of business on April 20, 2026 Eastern Time"
American Depositary Shares financial
"including those in the form of Fang American Depositary Shares (“ADSs”)"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Fang Holdings Limited (SFUNY) announce in this Form 6-K?

Fang Holdings Limited announced final court approval of a Stipulation of Settlement in a New York derivative case. The settlement includes a special cash distribution to shareholders and transfer of CIH Holdings Limited shares from certain defendants to Fang.

Who is eligible for Fang Holdings Limited (SFUNY) special cash distribution?

Holders of Fang Holdings Limited ordinary shares and ADSs of record at the close of business on April 20, 2026 Eastern Time are eligible. Eligibility can be affected by specific terms in the Stipulation of Settlement, so beneficial owners should confirm their record status.

When will Fang Holdings Limited (SFUNY) pay the special cash distribution?

The special cash distribution is expected to be paid by May 5, 2026. The funds will come from a settlement account funded by the defendants under the Stipulation of Settlement related to the New York derivative case.

How is the Fang Holdings (SFUNY) settlement-funded cash distribution financed?

The special cash distribution will be paid from a settlement account funded by the defendants in the derivative lawsuit. Fang Holdings states that this account will finance the distribution to eligible holders of its ordinary shares and ADSs as of the specified record date.

What share transfer did Fang Holdings Limited (SFUNY) confirm?

Fang Holdings Limited confirmed the transfer of 20,471,063 CIH Holdings Limited shares from the defendants to Fang. This transfer occurs pursuant to the Stipulation of Settlement that resolved the derivative case in New York and has received final court approval.

When did the Fang Holdings (SFUNY) settlement become final?

The New York State Supreme Court entered the Final Order and Judgment approving the settlement on February 9, 2026. The Final Order became final as of March 12, 2026, after which the settlement terms, including distributions and share transfer, proceeded.

 

 

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 10, 2026

 

Commission File Number: 001-34862

 

FANG HOLDINGS LIMITED

(Exact name of registrant as specified in its charter)

 

Tower A, No. 20 Guogongzhuang Middle Street

Fengtai District, Beijing 100070

The People’s Republic of China

(Address of principal executive offices)

 

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 x Form 40-F ¨ 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨ 

 

 

 

 

 

Other Information

 

As previously filed, on October 25, 2025, Oasis Investments II Master Fund Ltd.(“Plaintiff”),Fang Holdings Limited (“Fang”),and some Fang's executives and their affiliates(“Defendants”) had reached a Stipulation of Settlement with respect to a derivative case in New York (“Stipulation”).The New York State Supreme Court, Commercial Division entered the Final Order and Judgment on February 9, 2026 (“Final Order”), which approves the Stipulation. The Final Order became final as of March 12, 2026. 

 

Pursuant to the Stipulation,a special cash distribution will be paid from a settlement account funded by the Defendants. The special cash distribution is payable to all holders of Fang’s ordinary shares (including those in the form of Fang American Depositary Shares (“ADSs”)) of record as of the close of business on April 20, 2026 Eastern Time (the “Record Date”), unless otherwise provided in the Stipulation. The special cash distribution is expected to be paid by May 5, 2026.

 

Pursuant to the Stipulation, Fang confirms the transfer of the CIH Holdings Limited 20,471,063 shares from Defendants to Fang has been completed.

 

 

 

 

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. 

 

  FANG HOLDINGS LIMITED
     
Date: April 10, 2026 By: /s/ Vincent Tianquan Mo
  Name: Vincent Tianquan Mo
  Title: Executive Chairman