Welcome to our dedicated page for WiMi Hologram Cloud SEC filings (Ticker: WIMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to WiMi Hologram Cloud Inc. (WIMI) filings with the U.S. Securities and Exchange Commission, including current reports on Form 6-K and other documents furnished as a foreign private issuer under Form 20-F. These filings contain official information on WiMi’s financial reporting, capital markets activities, and selected corporate events.
Recent Form 6-K submissions referenced by the company include unaudited interim condensed consolidated financial statements and management’s discussion and analysis for a half-year period, as well as exhibits with Inline XBRL instance documents and related taxonomy extension files. Another 6-K filing describes a strategic investment in subsidiary MicroAlgo Inc. through an unsecured convertible promissory note, outlining terms such as principal amount, original issue discount, maturity, conversion features into Class A ordinary shares of MicroAlgo, and an associated long-term lock-up agreement.
Through this filings page, users can review WiMi’s regulatory disclosures about its holographic cloud, AR advertising, AR entertainment, and semiconductor segments, along with information about geographic reporting across Mainland China, Hong Kong, and international markets where such details appear in filed documents. The filings also provide context on how WiMi structures financing arrangements to support subsidiaries and maintain parent-subsidiary relationships.
Stock Titan enhances these documents with AI-powered summaries that explain the key points of lengthy filings, helping readers quickly identify items such as interim financial results, capital structure changes, and major agreements. As new 6-K, 20-F, and related forms are posted to EDGAR, this page updates to offer a centralized view of WiMi’s SEC reporting history, including any future insider transaction reports or proxy-related materials when they are filed.
WiMi Hologram Cloud Inc. (WIMI) filed a Form 6-K to disclose a $35 million unsecured convertible note purchase from its majority-owned subsidiary, MicroAlgo Inc., executed on 20 June 2025. WiMi paid $32.2 million, reflecting an 8 % original-issue discount; the note therefore carries an immediate paper gain of $2.8 million and bears no interest. The instrument matures in 360 days, supplying MicroAlgo with near-term working capital to fund growth and R&D while allowing the parent to sustain its strategic influence over the fast-growing subsidiary.
Conversion mechanics: WiMi may convert the note into MicroAlgo Class A ordinary shares at any time at a 60 % discount to the lowest closing price recorded during the 60 trading days prior to a conversion notice. This deep discount is economically favourable to WiMi but could prove highly dilutive to MicroAlgo shareholders if exercised.
Lock-up terms: WiMi entered a parallel 10-year Lock-Up Agreement prohibiting the sale or transfer of any conversion shares, subject to limited exceptions. The long lock-up mitigates near-term market overhang risk yet materially limits WiMi’s liquidity on the investment.
Strategic rationale: Management cites the need to provide funding for MicroAlgo’s rapid expansion and to preserve the parent-subsidiary relationship. No financial covenants, interest expense or external counterparty risk are present, indicating an internal capital reallocation rather than third-party financing. The filing attaches the Purchase Agreement (Ex. 99.1), Note (Ex. 99.2) and Lock-Up Agreement (Ex. 99.3) for full contractual details.
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