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SuperX AI Technology (SUPX) completes unit private placement with warrants

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

Rhea-AI Filing Summary

SuperX AI Technology Limited completed a private placement of 1,800,000 units, each including one ordinary share and one third of a warrant, at an average price of US$13.00 per unit. This generated aggregate gross proceeds of US$23,400,000, and the accompanying warrants, exercisable at US$13.00 per share for 12 months, could bring in an additional US$7,800,000 if fully exercised.

The securities were sold for cash to two institutional investors under Regulation S, meaning they were issued outside the United States and are not registered under the Securities Act. The company plans to use the net proceeds to fund research, development and production of AI servers, pursue investment opportunities in the AI sector, and supplement its general working capital and other general corporate purposes.

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Insights

SuperX AI raises fresh cash via Reg S unit deal with 12‑month warrants.

The company sold 1,800,000 units, each with one ordinary share and one third of a warrant, at an average price of US$13.00 per unit to two institutional investors. This brings in aggregate gross proceeds of US$23,400,000, adding new cash resources. The structure also includes warrants representing 600,000 additional shares, matching the unit pricing through an exercise price of US$13.00 per share.

The warrants are exercisable immediately upon issuance and remain outstanding for 12 months, creating a potential additional inflow of US$7,800,000 if fully exercised. The securities were issued under Regulation S, so they are not registered under the Securities Act and are offered outside the United States. The company states that it intends to use the net proceeds for AI server research, development and production, AI sector investment opportunities, and to supplement working capital and general corporate purposes.

 

 

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 December 2025

 

Commission File Number: 001-42013

 

SuperX Ai Technology Limited

 

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 November 11, 2025, SuperX AI Technology Limited, a British Virgin Islands company (“the Company”), entered into two private placement subscription agreements (the “Agreements”) with two institutional investors named thereto (the “Purchasers”).

 

Pursuant to the Agreements, the Company agreed to issue and sell to the Purchasers, and the Purchasers agreed to subscribe for and purchase, for cash in U.S. dollars (USD), an aggregate of 1,800,000 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 an average purchase price of US$13.00 per Purchaser Unit, irrespective of fluctuations in market prices (the “Private Placement”). The Purchaser Warrants are exercisable for Ordinary Shares at an average exercise price of US$13.00 per share immediately upon issuance until 12 months after the issuance.

 

The Agreements contains customary representations, warranties and agreements by the Company and the Purchaser and customary conditions to closing. The Private Placement closed on November 19, 2025. As of the date of the filing, 1,800,000 Ordinary Shares have been issued pursuant to the Agreements and the Company has received US$23,400,000 in aggregate gross proceeds, with the potential to increase by an additional US$7,800,000 if all accompanying warrants are exercised in full, in each case before deducting accountable expenses and other estimated expenses.

 

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 Company plans to use the net proceeds from this 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 Warrants. They do not purport to be complete and are subject to, and qualified in their entirety by, such documents filed as Exhibits 10.1 and 4.1, respectively, to this Current Report on Form 6-K and are 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.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
4.1   Form of Warrant
10.1   Form of Private Placement Subscription Agreement for Ordinary Shares and Purchaser Warrants

 

2

 

 

SIGNATURES

 

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

 

  SuperX AI Technology Limited
     
Date: December 16, 2025 By: /s/ Yu, Chun Kit
  Name:  Yu, Chun Kit
  Title: Executive Director

 

3

 

FAQ

What did SuperX AI Technology (SUPX) disclose in this report?

SuperX AI Technology Limited disclosed that it completed a private placement of 1,800,000 units, raising US$23,400,000 in aggregate gross proceeds and issuing attached warrants.

How many units and shares were issued in SuperX AI Technology's private placement?

The company issued 1,800,000 units, each consisting of one ordinary share and one third of a warrant. This means 1,800,000 new ordinary shares and warrants exercisable for 600,000 additional ordinary shares.

How much cash did SuperX AI Technology (SUPX) raise and at what price?

SuperX AI Technology raised US$23,400,000 in aggregate gross proceeds by selling 1,800,000 units at an average purchase price of US$13.00 per unit, paid in U.S. dollars.

What are the key terms of the purchaser warrants issued by SuperX AI Technology?

Each unit includes one third of a purchaser warrant, with each full warrant exercisable for one ordinary share at an average exercise price of US$13.00 per share, immediately upon issuance and until 12 months after issuance.

How will SuperX AI Technology use the proceeds from the private placement?

The company plans to use the net proceeds to support research, development and production of AI servers, explore investment opportunities in the AI sector, and supplement its general working capital and general corporate purposes.

Were the new securities of SuperX AI Technology registered with the SEC?

No. The securities were offered and sold under Regulation S and have not been registered under the Securities Act or state securities laws. They may not be offered or sold in the United States without registration or an applicable exemption.
SuperX AI Technology Limited

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