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[6-K] Super X AI Technology Ltd Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

SuperX AI Technology Limited announced a private placement of 3,300,000 units at US$12.08 per unit, each unit including one ordinary share and one-third of a warrant. The purchaser warrants are exercisable at US$12.08 per share immediately upon issuance and expire 12 months after issuance, with a 9.99% beneficial ownership cap on exercises.

The transaction is being conducted under Regulation S and the securities are unregistered under the Securities Act. Closing is expected in the week of October 27, 2025, subject to customary closing conditions. Gross proceeds are expected to be approximately US$39.9 million, with potential additional proceeds of US$13.3 million if all warrants are exercised in full. The company plans to fund AI server R&D and production, explore AI investments, and support working capital and general corporate purposes.

SuperX AI Technology Limited ha annunciato un collocamento privato di 3.300.000 unità a US$12.08 per unità, ogni unità comprende una azione ordinaria e un terzo di warrant. I warrant degli acquirenti sono esercitabili a US$12.08 per azione immediatamente all’emissione e scadono 12 mesi dopo l’emissione, con un limite di possesso beneficiario del 9,99% sull’esercizio.

La transazione è condotta in conformità al Regolamento S e i titoli sono non registrati ai sensi dello Securities Act. La chiusura è prevista nella settimana del 27 ottobre 2025, soggetta alle consuete condizioni di chiusura. Le proventi lordi dovrebbero essere di circa US$39,9 milioni, con potenziali proventi aggiuntivi di US$13,3 milioni se tutti i warrant venissero esercitati integralmente. L’azienda intende finanziare la ricerca e sviluppo e la produzione dei server AI, esplorare investimenti nel campo dell’IA e supportare il capitale circolante e le finalità generali dell’azienda.

SuperX AI Technology Limited anunció una colocación privada de 3.300.000 unidades a US$12.08 por unidad, cada unidad incluye una acción ordinaria y un tercio de un warrant. Los warrants de los compradores son ejercibles a US$12.08 por acción inmediatamente tras la emisión y expiran 12 meses después de la emisión, con un tope de propiedad beneficiosa del 9.99% en los ejercicios.

La transacción se está llevando a cabo bajo el Regulation S y los valores están no registrados conforme a la Securities Act. El cierre se espera en la semana del 27 de octubre de 2025, sujeto a las condiciones habituales de cierre. Se esperan ingresos brutos de aproximadamente US$39.9 millones, con posibles ingresos adicionales de US$13.3 millones si se ejercen todos los warrants. La compañía planea financiar I+D de servidores de IA y su producción, explorar inversiones en IA y apoyar el capital de trabajo y fines corporativos generales.

SuperX AI Technology Limited는 3,300,000 유닛의 비공개 배치를 US$12.08의 가격으로 발표했습니다. 각 유닛은 보통주 1주와 워런트 1/3을 포함합니다. 매수자 워런트는 발행 직후 주당 US$12.08으로 행사 가능하며 발행일로부터 12개월 후에 만료되며, 행사에 대한 수익 소유 상한은 9.99%입니다.

거래는 Regulation S에 따라 진행되며 증권은 증권법에 따라 등록되지 않습니다. 마감은 2025년 10월 27일 주간에 예상되며 일반적인 체결 조건에 따릅니다. 총 수익은 대략 US$39.9백만으로 예상되며 모든 워런트가 전액 행사될 경우 추가로 US$13.3백만의 가능성이 있습니다. 회사는 AI 서버 연구개발 및 생산 자금 조달, AI 투자 검토, 운전자본 및 일반 기업 목적을 지원할 계획입니다.

SuperX AI Technology Limited a annoncé une placement privé de 3 300 000 unités à US$12,08 par unité, chaque unité comprenant une action ordinaire et un tiers de warrant. Les warrants des acheteurs sont exerçables à US$12,08 par action dès l’émission et expireront 12 mois après l’émission, avec un plafond de propriété bénéficiaire de 9,99% lors des exercices.

La transaction est réalisée au titre du Règlement S et les titres ne sont pas enregistrés en vertu du Securities Act. La clôture est prévue la semaine du 27 octobre 2025, sous réserve des conditions de clôture habituelles. Les produits bruts devraient s’élever à environ US$39,9 millions, avec des produits supplémentaires potentiels de US$13,3 millions si tous les warrants sont exercés en totalité. L’entreprise prévoit de financer la R&D et la production des serveurs IA, d’explorer des investissements dans l’IA et de soutenir le fonds de roulement et les finalités générales de l’entreprise.

SuperX AI Technology Limited gab eine Privatplatzierung von 3.300.000 Einheiten zu US$12,08 pro Einheit bekannt, wobei jede Einheit eine Stammaktie und ein Drittel eines Warrants umfasst. Die Warrants der Käufer sind sofort nach Ausgabe zu US$12,08 pro Aktie ausübbar und laufen zwölf Monate nach der Ausgabe ab, mit einer Obergrenze des begünstigten Eigentums von 9,99% bei Ausübungen.

Die Transaktion wird gemäß Regulation S durchgeführt und die Wertpapiere sind gemäß dem Securities Act nicht registriert. Der Abschluss wird voraussichtlich in der Woche vom 27. Oktober 2025 erfolgen, vorbehaltlich üblicher Abschlussbedingungen. Bruttoeinnahmen werden voraussichtlich etwa US$39,9 Millionen betragen, mit potenziellen zusätzlichen Einnahmen von US$13,3 Millionen, wenn alle Warrants vollständig ausgeübt werden. Das Unternehmen plant, AI-Server-F&E und Produktion zu finanzieren, AI-Investitionen zu prüfen und das Working Capital sowie allgemeine Unternehmenszwecke zu unterstützen.

SuperX AI Technology Limited أعلنت عن طرح خاص لعائدات من 3,300,000 وحدة بسعر US$12.08 للوحدة، وكل وحدة تشمل سهماً عاديّاً واحداً وثُلث Warrants. يمكن ممارسة Warrants المشترين بسعر US$12.08 للسهم فور الإصدار وتنتهي بعد 12 شهراً من الإصدار، مع حد امتلاك مستفيد 9.99% عند التمارين.

¡التعامل يتم وفق Regulation S والاوراق غير مسجلة وفقاً لقانون الأوراق المالية. من المتوقع الإغلاق في أسبوع يقع خلال 27 أكتوبر 2025، مع مراعاة الشروط المعتادة للإغلاق. من المتوقع أن تبلغ العوائد الإجمالية نحو US$39.9 مليون، مع احتمال وجود عوائد إضافية قدرها US$13.3 مليون إذا تم ممارسة جميع Warrants بشكل كامل. تخطط الشركة لتمويل أبحاث وتطوير خوادم AI وإنتاجها، واستكشاف استثمارات في AI، ودعم رأس المال العامل وأغراض الشركة العامة.

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Insights

Neutral capital raise: cash in now, optionality via short-dated warrants.

SuperX AI is raising primary capital through 3.3 million Reg S units at US$12.08 per unit, each with one share and one-third warrant. Warrants are immediately exercisable at US$12.08 and expire after 12 months, which concentrates potential follow-on exercises within a defined window.

The filing states expected gross proceeds of US$39.9 million, with a further US$13.3 million possible upon full warrant exercise. A 9.99% beneficial ownership limit governs exercises, which can moderate single-holder concentration. Use of proceeds targets AI server R&D/production, AI sector investments, and general corporate needs.

Closing is expected in the week of October 27, 2025, subject to customary conditions. Actual warrant exercise and incremental proceeds depend on market conditions and holder decisions.

SuperX AI Technology Limited ha annunciato un collocamento privato di 3.300.000 unità a US$12.08 per unità, ogni unità comprende una azione ordinaria e un terzo di warrant. I warrant degli acquirenti sono esercitabili a US$12.08 per azione immediatamente all’emissione e scadono 12 mesi dopo l’emissione, con un limite di possesso beneficiario del 9,99% sull’esercizio.

La transazione è condotta in conformità al Regolamento S e i titoli sono non registrati ai sensi dello Securities Act. La chiusura è prevista nella settimana del 27 ottobre 2025, soggetta alle consuete condizioni di chiusura. Le proventi lordi dovrebbero essere di circa US$39,9 milioni, con potenziali proventi aggiuntivi di US$13,3 milioni se tutti i warrant venissero esercitati integralmente. L’azienda intende finanziare la ricerca e sviluppo e la produzione dei server AI, esplorare investimenti nel campo dell’IA e supportare il capitale circolante e le finalità generali dell’azienda.

SuperX AI Technology Limited anunció una colocación privada de 3.300.000 unidades a US$12.08 por unidad, cada unidad incluye una acción ordinaria y un tercio de un warrant. Los warrants de los compradores son ejercibles a US$12.08 por acción inmediatamente tras la emisión y expiran 12 meses después de la emisión, con un tope de propiedad beneficiosa del 9.99% en los ejercicios.

La transacción se está llevando a cabo bajo el Regulation S y los valores están no registrados conforme a la Securities Act. El cierre se espera en la semana del 27 de octubre de 2025, sujeto a las condiciones habituales de cierre. Se esperan ingresos brutos de aproximadamente US$39.9 millones, con posibles ingresos adicionales de US$13.3 millones si se ejercen todos los warrants. La compañía planea financiar I+D de servidores de IA y su producción, explorar inversiones en IA y apoyar el capital de trabajo y fines corporativos generales.

SuperX AI Technology Limited는 3,300,000 유닛의 비공개 배치를 US$12.08의 가격으로 발표했습니다. 각 유닛은 보통주 1주와 워런트 1/3을 포함합니다. 매수자 워런트는 발행 직후 주당 US$12.08으로 행사 가능하며 발행일로부터 12개월 후에 만료되며, 행사에 대한 수익 소유 상한은 9.99%입니다.

거래는 Regulation S에 따라 진행되며 증권은 증권법에 따라 등록되지 않습니다. 마감은 2025년 10월 27일 주간에 예상되며 일반적인 체결 조건에 따릅니다. 총 수익은 대략 US$39.9백만으로 예상되며 모든 워런트가 전액 행사될 경우 추가로 US$13.3백만의 가능성이 있습니다. 회사는 AI 서버 연구개발 및 생산 자금 조달, AI 투자 검토, 운전자본 및 일반 기업 목적을 지원할 계획입니다.

SuperX AI Technology Limited a annoncé une placement privé de 3 300 000 unités à US$12,08 par unité, chaque unité comprenant une action ordinaire et un tiers de warrant. Les warrants des acheteurs sont exerçables à US$12,08 par action dès l’émission et expireront 12 mois après l’émission, avec un plafond de propriété bénéficiaire de 9,99% lors des exercices.

La transaction est réalisée au titre du Règlement S et les titres ne sont pas enregistrés en vertu du Securities Act. La clôture est prévue la semaine du 27 octobre 2025, sous réserve des conditions de clôture habituelles. Les produits bruts devraient s’élever à environ US$39,9 millions, avec des produits supplémentaires potentiels de US$13,3 millions si tous les warrants sont exercés en totalité. L’entreprise prévoit de financer la R&D et la production des serveurs IA, d’explorer des investissements dans l’IA et de soutenir le fonds de roulement et les finalités générales de l’entreprise.

SuperX AI Technology Limited gab eine Privatplatzierung von 3.300.000 Einheiten zu US$12,08 pro Einheit bekannt, wobei jede Einheit eine Stammaktie und ein Drittel eines Warrants umfasst. Die Warrants der Käufer sind sofort nach Ausgabe zu US$12,08 pro Aktie ausübbar und laufen zwölf Monate nach der Ausgabe ab, mit einer Obergrenze des begünstigten Eigentums von 9,99% bei Ausübungen.

Die Transaktion wird gemäß Regulation S durchgeführt und die Wertpapiere sind gemäß dem Securities Act nicht registriert. Der Abschluss wird voraussichtlich in der Woche vom 27. Oktober 2025 erfolgen, vorbehaltlich üblicher Abschlussbedingungen. Bruttoeinnahmen werden voraussichtlich etwa US$39,9 Millionen betragen, mit potenziellen zusätzlichen Einnahmen von US$13,3 Millionen, wenn alle Warrants vollständig ausgeübt werden. Das Unternehmen plant, AI-Server-F&E und Produktion zu finanzieren, AI-Investitionen zu prüfen und das Working Capital sowie allgemeine Unternehmenszwecke zu unterstützen.

SuperX AI Technology Limited أعلنت عن طرح خاص لعائدات من 3,300,000 وحدة بسعر US$12.08 للوحدة، وكل وحدة تشمل سهماً عاديّاً واحداً وثُلث Warrants. يمكن ممارسة Warrants المشترين بسعر US$12.08 للسهم فور الإصدار وتنتهي بعد 12 شهراً من الإصدار، مع حد امتلاك مستفيد 9.99% عند التمارين.

¡التعامل يتم وفق Regulation S والاوراق غير مسجلة وفقاً لقانون الأوراق المالية. من المتوقع الإغلاق في أسبوع يقع خلال 27 أكتوبر 2025، مع مراعاة الشروط المعتادة للإغلاق. من المتوقع أن تبلغ العوائد الإجمالية نحو US$39.9 مليون، مع احتمال وجود عوائد إضافية قدرها US$13.3 مليون إذا تم ممارسة جميع Warrants بشكل كامل. تخطط الشركة لتمويل أبحاث وتطوير خوادم AI وإنتاجها، واستكشاف استثمارات في AI، ودعم رأس المال العامل وأغراض الشركة العامة.

SuperX AI Technology Limited宣布以每单位 US$12.08 的价格私募发行 3,300,000 单位,每单位包含一股普通股和三分之一份认股权证。认股权证持有人可在发行时立即按每股 US$12.08 行使,发行后 12 个月到期,行使的受益所有权上限为 9.99%

本次交易在 Regulation S 下进行,证券未按证券法注册。预计在 2025年10月27日 当周完成交易,须符合惯常的成交条件。毛收入预计约为 US$39.9 百万美元,若所有认股权证全部行使,可能额外获得 US$13.3 百万美元。公司计划资助 AI 服务器的研发与生产,探索 AI 投资,并支持营运资金及公司一般用途。

 

 

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 October 2025

 

Commission File Number: 001-42013

 

SuperX AI Technology Limited

(Translation of registrant’s name into English)

 

30 Pasir Panjang Road

#06-31, Mapletree Business City

Singapore 117440

(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 ☐

 

 

 

 

 

 

Private Placement of Ordinary Shares of SuperX AI Technology Limited and Warrants

 

On October 24, 2025, SuperX AI Technology Limited, a British Virgin Islands company (“the Company”), entered into a private placement subscription agreement (the “Agreement”) with a certain institutional investor named thereto (the “Purchaser”).

 

Pursuant to the Agreement, the Company agreed to issue and sell to the Purchaser, and the Purchaser agreed to subscribe for and purchase, for cash in U.S. dollars, an aggregate of 3,300,000 units, each unit consisting of (i) one ordinary share of the Company, no par value per share (the “Ordinary Shares” and such shares, the “Shares”) and (ii) one-third of a warrant to purchase one Ordinary Share of the Company (each, a “Purchaser Warrant,” and together with the Shares, the “Purchaser Units”), at a fixed purchase price of US$12.08 per Purchaser Unit, irrespective of fluctuations in market prices (the “Private Placement”) . The Purchaser Warrants are exercisable for Ordinary Shares at an exercise price of US$12.08 per share immediately upon issuance until 12 months after the issuance, except that a holder will not be entitled to exercise any portion of the Purchaser Warrants, which, upon giving effect to such exercise would cause the holder (together with its affiliates and attribution parties) to beneficially own more than 9.99% of the Company’s Ordinary Shares that would be issued and outstanding following such exercise (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended).

 

The Agreement contains customary representations, warranties and agreements by the Company and the Purchaser and customary conditions to closing. The Private Placement is expected to close on in the week of October 27, 2025,  subject to satisfaction of customary closing conditions.

 

The securities are being offered and sold by the Company in the Private Placement pursuant to the safe harbor from registration requirements provided by Regulation S under the Securities Act of 1933, as amended (the “Securities Act”) and have not been registered under the Securities Act, or applicable state securities laws. These securities may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the “SEC”) or an applicable exemption from such registration requirements.

 

The aggregate gross proceeds to the Company from the Private Placement are expected to be approximately US$39.9 million, with the potential to increase by an additional US$13.3 million if all accompanying warrants are exercised in full, in each case before deducting accountable expenses and other estimated expenses. The Company plans to use the net proceeds from the private placement to support the research, development, and production of AI servers, explore investment opportunities in the AI sector, supplement its general working capital and general corporate purposes.

 

The foregoing are summaries of the Agreement and Purchaser Warrant. They do not purport to be complete and are subject to, and qualified in their entirety by, the form of the Agreement and the form of Purchaser Warrant filed as Exhibit 10.1 and Exhibit 4.1  to this Current Report on Form 6-K and incorporated herein by reference. The representations, warranties and covenants contained in the Agreement were made only for the purpose of such agreement and as of specific dates, were solely for the benefit of the parties to the Agreement and may be subject to limitations agreed upon by the contracting parties. On October 24, 2025, the Company issued a press release announcing the Private Placement. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Forward-Looking Statements:

 

This Current Report contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. All statements other than statements of historical facts included in this Current Report are forward-looking statements. Forward-looking statements include, but are not limited to, express or implied statements regarding expectations, hopes, beliefs, intentions or strategies of the Company regarding the future including, without limitation, express or implied statements regarding: the expected completion of the Private Placement, the potential full exercise of the Purchaser Warrants and the additional proceeds therefrom. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements are based on current expectations and assumptions that, while considered reasonable are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.  The Company’s actual results may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include the risks and uncertainties described in the Company’s annual report on Form 20-F for the year ended June 30, 2024, filed with the U.S. Securities and Exchange Commission (the “Commission”) on November 7, 2024, and the Company’s other filings with the Commission. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

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EXHIBITS INDEX

 

Exhibit No.   Description
4.1   Form of Purchaser Warrants
10.1   Form of Private Placement Subscription Agreement for Ordinary Shares and Purchaser Warrants 
99.1   Press Release dated October 24, 2025

 

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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.

 

Date: October 24, 2025 SuperX AI Technology Limited
     
  By: /s/ Yu Chun Kit
  Name:  Yu Chun Kit
  Title: Executive Director

 

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FAQ

What did SuperX AI (SUPX) announce?

A private placement of 3,300,000 units at US$12.08 per unit, each with one share and one-third of a warrant.

How much cash will SUPX receive from the private placement?

Expected gross proceeds are approximately US$39.9 million, before expenses.

What additional proceeds are possible from warrant exercises?

Up to an additional US$13.3 million if all accompanying warrants are exercised in full.

What are the key warrant terms in the SUPX deal?

Warrants are immediately exercisable at US$12.08 per share, expire after 12 months, and include a 9.99% beneficial ownership cap.

When is the SUPX private placement expected to close?

Closing is expected in the week of October 27, 2025, subject to customary closing conditions.

How will SUPX use the proceeds?

To support AI server R&D and production, explore AI sector investments, and for working capital and general corporate purposes.

Under what exemption is the SUPX offering being conducted?

Under Regulation S; the securities are not registered under the Securities Act.
SUPER X AI TECHNOLOGY LIMITED

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1.60B
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Software - Infrastructure
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Singapore