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VisionSys AI completes $125M private placement

The re-signed agreement set the price at US$0.001 per share, replacing the earlier $0.000734 price.

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Form Type
6-K

Rhea-AI Filing Summary

VisionSys AI Inc (VSA) completed a private placement of 125,000,000,000 Class A ordinary shares at US$0.001 per share, for an aggregate purchase price of US$125,000,000.

The company completed the issuance and sale on and before November 2, 2026, under purchase agreements re-signed with each purchaser on October 10, 2026. Purchasers paid in fiat money or cryptocurrencies, at the company’s sole discretion. The shares were issued in reliance on the exemption from registration provided by Section 4(a)(2) and/or Regulation S.

Filing Explained

The filing adds that, for the same 125 billion shares, the completed placement used a price revised from the July agreement’s US$0.000734 to US$0.001 per share, raising stated aggregate consideration from approximately US$91.75 million to US$125 million.

Class A ordinary shares sold 125,000,000,000 shares Private placement completed on and before November 2, 2026
Private-placement price US$0.001 per share Price under the re-signed purchase agreements
Aggregate purchase price US$125,000,000 Private placement
Earlier purchase price $0.000734 per Class A ordinary share Price stated in the July 10, 2026 purchase agreement
Private Placement financial
"Closing of Private Placement"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Securities Purchase Agreement financial
"re-signed the Purchase Agreement with each of the Purchasers"
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.
Section 4(a)(2) regulatory
"exemption from registration provided by Section 4(a)(2)"
Section 4(a)(2) is a part of U.S. securities laws that allows companies to sell their stock directly to certain investors without registering the sale with regulators. This process is often used for private placements, making it easier and faster for companies to raise money from knowledgeable or institutional investors. It matters to investors because it provides an alternative way to buy shares, often with fewer disclosures and lower costs.
Regulation S regulatory
"Regulation S promulgated thereunder"
Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VSA shares did VisionSys AI sell in the private placement?

VisionSys AI sold 125,000,000,000 Class A ordinary shares to the purchasers at US$0.001 per share; the issuance and sale were completed on and before November 2, 2026.

What was the total purchase price for VSA's private placement?

The aggregate purchase price was US$125,000,000. The purchasers paid in fiat money or cryptocurrencies, at VisionSys AI’s sole discretion.

Could purchasers pay VisionSys AI in cryptocurrency?

Yes. The purchase price was paid in fiat money or cryptocurrencies, with the choice of payment form at VisionSys AI’s sole discretion.

What securities-law exemption did VSA use for the private placement?

The shares were issued in reliance on the exemption from registration provided by Section 4(a)(2) and/or Regulation S.

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

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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 November 2026

 

VISIONSYS AI INC

(Exact name of registrant as specified in its charter)

 

Room 1501, 15F, Building A2, Yanjing Headquarters Base

Yanjiao, Sanhe City, Langfang, Hebei Province 065201

The People’s Republic of China

Telephone: +86(0316)83318177

(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 ☐

 

 

 

 

 

 

Closing of Private Placement

 

As previously disclosed on the Company’s Form 6-K filed with the Securities and Exchange Commission on July 10, 2026, VisionSys AI Inc (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) on July 10, 2026 with certain U.S. and/or non-U.S. investors (collectively, the “Purchasers”) pursuant to which the Company agreed to sell to the Purchasers an aggregate of 125,000,000,000 Class A ordinary shares, par value US$0.001 per share (the “Ordinary Shares”), of the Company at a price of $0.000734 per share to purchase an aggregate of 125,000,000,000 Class A Ordinary Shares, for the aggregate purchase price of approximately $91,750,000, which purchase price should be paid by the Purchasers in fiat money or in cryptocurrencies, in the sole discretion of the Company.

 

On October 10, 2026, the Company re-signed the Purchase Agreement with each of the Purchasers under such Purchase Agreement dated July 10, 2026. Under the re-signed Purchase Agreement dated October 10, 2026:

 

(a)the purchase price per share under such Purchase Agreement was changed from $0.000734 per Class A Ordinary share to US$0.001 per Class A Ordinary Share, and

 

(b)all other terms and conditions of the Purchase Agreement remained unchanged.

 

On and before November 02, 2026: (a) the Company completed the issuance and sale of an aggregate of 125,000,000,000 Class A Ordinary Shares under the Purchase Agreement dated October 10, 2026 to the Purchasers, at a price of US$0.001 per share, for an aggregate purchase price of US$125,000,000; and (b) the purchase price was paid by the Purchasers in fiat money or in cryptocurrencies, in the sole discretion of the Company, in accordance with the terms of the Purchase Agreement dated October 10, 2026.

 

The Company and the Purchasers each made customary representations, warranties, and covenants in the Purchase Agreement. The securities issued in the private placement were issued in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Regulation S promulgated thereunder.

 

A copy of the Form of the Purchase Agreement was attached as Exhibit 99.1 to the Company’s Form 6-K filed on July 10, 2026 and is incorporated herein by reference (except that the Purchase Price has been adjusted from $0.000734 per Class A Ordinary share to US$0.001 per Class A Ordinary Share). The foregoing summary of the terms of the transaction is subject to, and qualified in its entirety by, such document.

 

Financial Statements and Exhibits.

 

Exhibits.

 

Exhibit No.   Description
99.1   Form of Securities Purchase Agreement (incorporated by reference to Exhibit 99.1 to the Company’s Form 6-K filed on July 10, 2026, except that the Purchase Price has been adjusted from $0.000734 per Class A Ordinary share to US$0.001 per Class A Ordinary Share).

 

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SIGNATURES

 

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

 

  VisionSys AI Inc
     
Date: November 06, 2026 By: /s/ Tianlong Wang
    Tianlong Wang
    Chief Executive Officer

 

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