[6-K] AirNet Technology Inc. Ordinary Share Current Report (Foreign Issuer)
AirNet Technology Inc. (NASDAQ: ANTE) disclosed in its 6-K dated June 20, 2025 that it has entered into a Share Purchase Agreement ("Disposition SPA") on June 11, 2025 with AR iCapital LLP, an unaffiliated Singapore entity. Under the agreement, AR iCapital will acquire 100% of seven subsidiaries鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., and Yuehang Chuangyi Technology ( Beijing ) Co.鈥攃ollectively referred to as the 鈥淭argets.鈥�
Consideration & Liability Transfer: The purchase price is a nominal US$1. Upon closing, the buyer will become the sole shareholder of the Targets and will assume all assets and liabilities associated with them. No additional cash, stock or contingent consideration is mentioned.
Conditions to Closing:
- Payment of the US$1 purchase price.
- Receipt of an independent fairness opinion.
- Approval by AirNet shareholders.
The filing includes pre- and post-transaction organizational charts (not reproduced in the text) and attaches the full Disposition SPA as Exhibit 99.1. No financial statements, pro-forma impact, or earnings data accompany the filing.
Strategic Implication: The divestiture signals a potential restructuring focus, as AirNet will exit direct ownership of the specified subsidiaries once conditions are satisfied. Because the buyer assumes all related liabilities, the transaction may reduce ANTE鈥檚 consolidated balance-sheet obligations, but the filing does not quantify these amounts. Management has not provided guidance on future strategic direction or financial impact beyond the structural change.
AirNet Technology Inc. (NASDAQ: ANTE) ha comunicato nel suo modulo 6-K datato 20 giugno 2025 di aver stipulato un Accordo di Acquisto Azionario (鈥淒isposition SPA鈥�) l'11 giugno 2025 con AR iCapital LLP, un'entit脿 indipendente con sede a Singapore. Secondo l'accordo, AR iCapital acquisir脿 il 100% di sette controllate鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., e Yuehang Chuangyi Technology (Beijing) Co.鈥攃ollettivamente denominate 鈥淭argets鈥�.
Considerazione e Trasferimento di Responsabilit脿: Il prezzo di acquisto 猫 simbolico, pari a 1 dollaro USA. Alla chiusura, l'acquirente diventer脿 l'unico azionista dei Targets e assumer脿 tutti gli attivi e passivi ad essi correlati. Non sono previsti ulteriori pagamenti in denaro, azioni o considerazioni condizionate.
Condizioni per la Chiusura:
- Pagamento del prezzo di acquisto di 1 dollaro USA.
- Ricezione di un parere di equit脿 indipendente.
- Approvazione da parte degli azionisti di AirNet.
Il documento include organigrammi pre e post-transazione (non riprodotti nel testo) e allega il Disposition SPA completo come Allegato 99.1. Non sono presenti bilanci, dati pro-forma o informazioni sugli utili.
Implicazioni Strategiche: La cessione indica un possibile focus di ristrutturazione, poich茅 AirNet uscir脿 dalla propriet脿 diretta delle controllate indicate una volta soddisfatte le condizioni. Poich茅 l'acquirente assume tutte le responsabilit脿 correlate, la transazione potrebbe ridurre gli obblighi consolidati di bilancio di ANTE, anche se il documento non quantifica tali importi. La direzione non ha fornito indicazioni sul futuro orientamento strategico o sull'impatto finanziario oltre al cambiamento strutturale.
AirNet Technology Inc. (NASDAQ: ANTE) revel贸 en su informe 6-K fechado el 20 de junio de 2025 que ha firmado un Acuerdo de Compra de Acciones (鈥淒isposition SPA鈥�) el 11 de junio de 2025 con AR iCapital LLP, una entidad independiente con sede en Singapur. Seg煤n el acuerdo, AR iCapital adquirir谩 el 100% de siete subsidiarias鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., y Yuehang Chuangyi Technology (Beijing) Co.鈥攃olectivamente denominadas 鈥淭argets鈥�.
Consideraci贸n y Transferencia de Responsabilidades: El precio de compra es simb贸lico, de 1 d贸lar estadounidense. Al cierre, el comprador se convertir谩 en el 煤nico accionista de las Targets y asumir谩 todos los activos y pasivos relacionados con ellas. No se menciona ning煤n pago adicional en efectivo, acciones o consideraciones contingentes.
Condiciones para el Cierre:
- Pago del precio de compra de 1 d贸lar estadounidense.
- Recepci贸n de una opini贸n de equidad independiente.
- Aprobaci贸n por parte de los accionistas de AirNet.
El archivo incluye organigramas antes y despu茅s de la transacci贸n (no reproducidos en el texto) y adjunta el Disposition SPA completo como Anexo 99.1. No se acompa帽an estados financieros, datos pro forma ni informaci贸n sobre ganancias.
Implicaci贸n Estrat茅gica: La desinversi贸n se帽ala un posible enfoque de reestructuraci贸n, ya que AirNet saldr谩 de la propiedad directa de las subsidiarias especificadas una vez cumplidas las condiciones. Dado que el comprador asume todas las responsabilidades relacionadas, la transacci贸n podr铆a reducir las obligaciones consolidadas en el balance de ANTE, aunque el documento no cuantifica estas cifras. La direcci贸n no ha proporcionado orientaci贸n sobre la futura direcci贸n estrat茅gica o el impacto financiero m谩s all谩 del cambio estructural.
AirNet Technology Inc. (NASDAQ: ANTE)電� 2025雲� 6鞗� 20鞚检瀽 6-K 氤搓碃靹滌棎靹� 2025雲� 6鞗� 11鞚检棎 鞁标皜韽ゴ 靻岇灛鞚� 霃呺 氩曥澑鞚� AR iCapital LLP鞕赌 欤检嫕 毵るГ 瓿勳暯(鈥淒isposition SPA鈥�)鞚� 觳搓舶頄堧嫟瓿� 瓿店皽頄堨姷雼堧嫟. 瓿勳暯鞐� 霐半澕 AR iCapital鞚� Broad Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., Yuehang Chuangyi Technology (Beijing) Co. 霌� 7臧� 鞛愴殞靷ゼ 100% 鞚胳垬頃橁矊 霅橂┌, 鞚措摛鞚� 韱淀媭鞏� 鈥滊寑靸� 須岇偓霌�(Targets)鈥濎澊霛� 旃暕雼堧嫟.
雽�臧� 氚� 毂呾瀯 鞚挫爠: 毵るГ 雽�旮堨潃 氇呺靸侅潣 氙疙檾 1雼煬鞛呺媹雼�. 瓯半灅 鞕勲 鞁�, 毵れ垬鞚胳潃 雽�靸� 須岇偓霌れ潣 鞙犾澕頃� 欤检＜臧� 霅橂┌ 甏�霠悳 氇摖 鞛愳偘瓿� 攵�毂勲ゼ 鞚胳垬頃╇媹雼�. 於旉皜 順勱笀, 欤检嫕 霕愲姅 臁瓣贝攵� 雽�臧�電� 氇呾嫓霅橃柎 鞛堨 鞎婌姷雼堧嫟.
膦呺 臁瓣贝:
- 氙疙檾 1雼煬 毵るГ 雽�旮� 歆�旮�.
- 霃呺鞝侅澑 瓿奠爼靹� 鞚橁铂靹� 靾橂牴.
- AirNet 欤检＜鞚� 鞀轨澑.
氤搓碃靹滌棎電� 瓯半灅 鞝勴泟 臁办霃�(氤鸽鞐愲姅 韽暔霅橃 鞎婌潓)臧� 韽暔霅橃柎 鞛堨溂氅�, 鞕勳爠頃� Disposition SPA臧� 攵�搿� 99.1搿� 觳秬霅橃柎 鞛堨姷雼堧嫟. 鞛鞝滍憸, 鞓堨儊 鞓來枼 霕愲姅 靾橃澋 雿办澊韯半姅 頃粯 鞝滉车霅橃 鞎婌晿鞀惦媹雼�.
鞝勲灥鞝� 鞁滌偓鞝�: 鞚措矆 毵り皝鞚� AirNet鞚� 臁瓣贝 於╈” 頉� 歆�鞝曤悳 鞛愴殞靷摛鞚� 歆侅爲 靻岇湢鞐愳劀 氩楈柎雮� 臧�電レ劚鞚� 雮橅儉雮措┌, 毵れ垬鞚胳澊 甏�霠� 氇摖 攵�毂勲ゼ 鞚胳垬頃棎 霐半澕 ANTE鞚� 鞐瓣舶 鞛鞝滍憸靸� 攵�毂� 攵�雼挫澊 欷勳柎霌� 靾� 鞛堨姷雼堧嫟. 雼る 氤搓碃靹滌棎靹滊姅 甑泊鞝侅澑 旮堨暋鞚� 鞝滌嫓頃橃 鞎婌晿鞙茧┌, 瓴届榿歆勳潃 甑“鞝� 氤�頇� 鞕胳棎 頄ロ泟 鞝勲灥 氚╉枼鞚措倶 鞛 鞓來枼鞐� 雽�頃� 歆�旃潉 鞝滉车頃橃 鞎婌晿鞀惦媹雼�.
AirNet Technology Inc. (NASDAQ : ANTE) a r茅v茅l茅 dans son rapport 6-K dat茅 du 20 juin 2025 avoir conclu un Contrat d鈥橝chat d鈥橝ctions (芦 Disposition SPA 禄) le 11 juin 2025 avec AR iCapital LLP, une entit茅 ind茅pendante bas茅e 脿 Singapour. Selon cet accord, AR iCapital acquerra 100 % de sept filiales鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., et Yuehang Chuangyi Technology (Beijing) Co.鈥攄茅sign茅es collectivement sous le nom de 芦 Cibles 禄.
Contrepartie et Transfert des Passifs : Le prix d鈥檃chat est symbolique, fix茅 脿 1 dollar am茅ricain. 脌 la cl么ture, l鈥檃cheteur deviendra l鈥檜nique actionnaire des Cibles et reprendra tous les actifs et passifs qui leur sont li茅s. Aucun paiement suppl茅mentaire en esp猫ces, en actions ou conditionnel n鈥檈st mentionn茅.
Conditions de Cl么ture :
- Paiement du prix d鈥檃chat de 1 dollar am茅ricain.
- Obtention d鈥檜n avis d鈥櫭﹒uit茅 颈苍诲茅辫别苍诲补苍迟.
- Approbation par les actionnaires d鈥橝irNet.
Le d茅p么t comprend des organigrammes avant et apr猫s transaction (non reproduits dans le texte) et joint le Disposition SPA complet en Annexe 99.1. Aucun 茅tat financier, impact pro forma ou donn茅es de r茅sultats n鈥檃ccompagnent le d茅p么t.
Implication Strat茅gique : Cette cession indique un possible recentrage strat茅gique, AirNet se retirant de la propri茅t茅 directe des filiales sp茅cifi茅es une fois les conditions remplies. Comme l鈥檃cheteur reprend toutes les responsabilit茅s associ茅es, la transaction pourrait r茅duire les obligations consolid茅es au bilan d鈥橝NTE, bien que le d茅p么t ne quantifie pas ces montants. La direction n鈥檃 pas fourni d鈥檕rientations sur la strat茅gie future ou l鈥檌mpact financier au-del脿 de ce changement structurel.
AirNet Technology Inc. (NASDAQ: ANTE) gab in seinem 6-K-Bericht vom 20. Juni 2025 bekannt, dass am 11. Juni 2025 ein Aktienkaufvertrag (鈥濪isposition SPA鈥�) mit AR iCapital LLP, einer unabh盲ngigen Gesellschaft mit Sitz in Singapur, abgeschlossen wurde. Gem盲脽 der Vereinbarung wird AR iCapital 100 % von sieben Tochtergesellschaften erwerben鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co. und Yuehang Chuangyi Technology (Beijing) Co.鈥攝usammen als 鈥濼argets鈥� bezeichnet.
Gegenleistung & Haftungs眉bernahme: Der Kaufpreis betr盲gt symbolisch 1 US-Dollar. Mit dem Abschluss wird der K盲ufer Alleinaktion盲r der Targets und 眉bernimmt alle Verm枚genswerte und Verbindlichkeiten, die mit diesen verbunden sind. Es sind keine weiteren Barzahlungen, Aktien oder bedingten Gegenleistungen vorgesehen.
Abschlussbedingungen:
- Zahlung des Kaufpreises von 1 US-Dollar.
- Erhalt eines unabh盲ngigen Fairness-Gutachtens.
- Genehmigung durch die 础颈谤狈别迟-础办迟颈辞苍盲谤别.
Die Einreichung enth盲lt Organisationsdiagramme vor und nach der Transaktion (nicht im Text wiedergegeben) und legt den vollst盲ndigen Disposition SPA als Anlage 99.1 bei. Finanzberichte, Pro-forma-Auswirkungen oder Gewinnzahlen sind nicht beigef眉gt.
Strategische Bedeutung: Die Ver盲u脽erung deutet auf einen m枚glichen Restrukturierungsfokus hin, da AirNet nach Erf眉llung der Bedingungen die direkte Eigent眉merschaft an den genannten Tochtergesellschaften aufgeben wird. Da der K盲ufer alle damit verbundenen Verbindlichkeiten 眉bernimmt, k枚nnte die Transaktion die konsolidierten Bilanzverpflichtungen von ANTE reduzieren, jedoch quantifiziert die Einreichung diese Betr盲ge nicht. Das Management hat keine Prognosen zur k眉nftigen strategischen Ausrichtung oder finanziellen Auswirkungen 眉ber die strukturelle 脛nderung hinaus gegeben.
- Transfer of all liabilities associated with the seven divested subsidiaries to the purchaser could reduce future obligations for AirNet.
- Nominal sale price of US$1 indicates the subsidiaries contribute negligible or negative value to shareholders.
Insights
TL;DR: AirNet divests seven subsidiaries for US$1; buyer takes all liabilities鈥攂alance-sheet cleanup but no immediate cash benefit.
The transaction is primarily a liability transfer. A nominal consideration of US$1 implies the divested entities have little or negative net value. From an investor鈥檚 perspective, the key takeaway is the potential removal of undisclosed liabilities from AirNet鈥檚 consolidated accounts, which could improve future profitability metrics. However, without pro-forma statements or liability amounts, it is impossible to gauge materiality. Closing remains contingent on a fairness opinion and shareholder approval, so timing and certainty are moderate risks. Overall, the filing is strategically interesting but its financial impact cannot yet be quantified.
TL;DR: Nominal-value sale suggests distressed or non-core assets; contingent on fairness opinion and vote鈥攏eutral to mildly positive de-risking.
Selling multiple subsidiaries for US$1 is typical when liabilities outweigh assets. The structure allows AR iCapital to take full operational control while AirNet avoids future claims. The fairness-opinion requirement protects minority shareholders and implies board awareness of valuation sensitivities. Because consideration is de minimis, the deal is not accretive, but it may unlock management bandwidth and mitigate downside risk. Until liabilities are quantified, market reaction should remain muted.
AirNet Technology Inc. (NASDAQ: ANTE) ha comunicato nel suo modulo 6-K datato 20 giugno 2025 di aver stipulato un Accordo di Acquisto Azionario (鈥淒isposition SPA鈥�) l'11 giugno 2025 con AR iCapital LLP, un'entit脿 indipendente con sede a Singapore. Secondo l'accordo, AR iCapital acquisir脿 il 100% di sette controllate鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., e Yuehang Chuangyi Technology (Beijing) Co.鈥攃ollettivamente denominate 鈥淭argets鈥�.
Considerazione e Trasferimento di Responsabilit脿: Il prezzo di acquisto 猫 simbolico, pari a 1 dollaro USA. Alla chiusura, l'acquirente diventer脿 l'unico azionista dei Targets e assumer脿 tutti gli attivi e passivi ad essi correlati. Non sono previsti ulteriori pagamenti in denaro, azioni o considerazioni condizionate.
Condizioni per la Chiusura:
- Pagamento del prezzo di acquisto di 1 dollaro USA.
- Ricezione di un parere di equit脿 indipendente.
- Approvazione da parte degli azionisti di AirNet.
Il documento include organigrammi pre e post-transazione (non riprodotti nel testo) e allega il Disposition SPA completo come Allegato 99.1. Non sono presenti bilanci, dati pro-forma o informazioni sugli utili.
Implicazioni Strategiche: La cessione indica un possibile focus di ristrutturazione, poich茅 AirNet uscir脿 dalla propriet脿 diretta delle controllate indicate una volta soddisfatte le condizioni. Poich茅 l'acquirente assume tutte le responsabilit脿 correlate, la transazione potrebbe ridurre gli obblighi consolidati di bilancio di ANTE, anche se il documento non quantifica tali importi. La direzione non ha fornito indicazioni sul futuro orientamento strategico o sull'impatto finanziario oltre al cambiamento strutturale.
AirNet Technology Inc. (NASDAQ: ANTE) revel贸 en su informe 6-K fechado el 20 de junio de 2025 que ha firmado un Acuerdo de Compra de Acciones (鈥淒isposition SPA鈥�) el 11 de junio de 2025 con AR iCapital LLP, una entidad independiente con sede en Singapur. Seg煤n el acuerdo, AR iCapital adquirir谩 el 100% de siete subsidiarias鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., y Yuehang Chuangyi Technology (Beijing) Co.鈥攃olectivamente denominadas 鈥淭argets鈥�.
Consideraci贸n y Transferencia de Responsabilidades: El precio de compra es simb贸lico, de 1 d贸lar estadounidense. Al cierre, el comprador se convertir谩 en el 煤nico accionista de las Targets y asumir谩 todos los activos y pasivos relacionados con ellas. No se menciona ning煤n pago adicional en efectivo, acciones o consideraciones contingentes.
Condiciones para el Cierre:
- Pago del precio de compra de 1 d贸lar estadounidense.
- Recepci贸n de una opini贸n de equidad independiente.
- Aprobaci贸n por parte de los accionistas de AirNet.
El archivo incluye organigramas antes y despu茅s de la transacci贸n (no reproducidos en el texto) y adjunta el Disposition SPA completo como Anexo 99.1. No se acompa帽an estados financieros, datos pro forma ni informaci贸n sobre ganancias.
Implicaci贸n Estrat茅gica: La desinversi贸n se帽ala un posible enfoque de reestructuraci贸n, ya que AirNet saldr谩 de la propiedad directa de las subsidiarias especificadas una vez cumplidas las condiciones. Dado que el comprador asume todas las responsabilidades relacionadas, la transacci贸n podr铆a reducir las obligaciones consolidadas en el balance de ANTE, aunque el documento no cuantifica estas cifras. La direcci贸n no ha proporcionado orientaci贸n sobre la futura direcci贸n estrat茅gica o el impacto financiero m谩s all谩 del cambio estructural.
AirNet Technology Inc. (NASDAQ: ANTE)電� 2025雲� 6鞗� 20鞚检瀽 6-K 氤搓碃靹滌棎靹� 2025雲� 6鞗� 11鞚检棎 鞁标皜韽ゴ 靻岇灛鞚� 霃呺 氩曥澑鞚� AR iCapital LLP鞕赌 欤检嫕 毵るГ 瓿勳暯(鈥淒isposition SPA鈥�)鞚� 觳搓舶頄堧嫟瓿� 瓿店皽頄堨姷雼堧嫟. 瓿勳暯鞐� 霐半澕 AR iCapital鞚� Broad Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., Yuehang Chuangyi Technology (Beijing) Co. 霌� 7臧� 鞛愴殞靷ゼ 100% 鞚胳垬頃橁矊 霅橂┌, 鞚措摛鞚� 韱淀媭鞏� 鈥滊寑靸� 須岇偓霌�(Targets)鈥濎澊霛� 旃暕雼堧嫟.
雽�臧� 氚� 毂呾瀯 鞚挫爠: 毵るГ 雽�旮堨潃 氇呺靸侅潣 氙疙檾 1雼煬鞛呺媹雼�. 瓯半灅 鞕勲 鞁�, 毵れ垬鞚胳潃 雽�靸� 須岇偓霌れ潣 鞙犾澕頃� 欤检＜臧� 霅橂┌ 甏�霠悳 氇摖 鞛愳偘瓿� 攵�毂勲ゼ 鞚胳垬頃╇媹雼�. 於旉皜 順勱笀, 欤检嫕 霕愲姅 臁瓣贝攵� 雽�臧�電� 氇呾嫓霅橃柎 鞛堨 鞎婌姷雼堧嫟.
膦呺 臁瓣贝:
- 氙疙檾 1雼煬 毵るГ 雽�旮� 歆�旮�.
- 霃呺鞝侅澑 瓿奠爼靹� 鞚橁铂靹� 靾橂牴.
- AirNet 欤检＜鞚� 鞀轨澑.
氤搓碃靹滌棎電� 瓯半灅 鞝勴泟 臁办霃�(氤鸽鞐愲姅 韽暔霅橃 鞎婌潓)臧� 韽暔霅橃柎 鞛堨溂氅�, 鞕勳爠頃� Disposition SPA臧� 攵�搿� 99.1搿� 觳秬霅橃柎 鞛堨姷雼堧嫟. 鞛鞝滍憸, 鞓堨儊 鞓來枼 霕愲姅 靾橃澋 雿办澊韯半姅 頃粯 鞝滉车霅橃 鞎婌晿鞀惦媹雼�.
鞝勲灥鞝� 鞁滌偓鞝�: 鞚措矆 毵り皝鞚� AirNet鞚� 臁瓣贝 於╈” 頉� 歆�鞝曤悳 鞛愴殞靷摛鞚� 歆侅爲 靻岇湢鞐愳劀 氩楈柎雮� 臧�電レ劚鞚� 雮橅儉雮措┌, 毵れ垬鞚胳澊 甏�霠� 氇摖 攵�毂勲ゼ 鞚胳垬頃棎 霐半澕 ANTE鞚� 鞐瓣舶 鞛鞝滍憸靸� 攵�毂� 攵�雼挫澊 欷勳柎霌� 靾� 鞛堨姷雼堧嫟. 雼る 氤搓碃靹滌棎靹滊姅 甑泊鞝侅澑 旮堨暋鞚� 鞝滌嫓頃橃 鞎婌晿鞙茧┌, 瓴届榿歆勳潃 甑“鞝� 氤�頇� 鞕胳棎 頄ロ泟 鞝勲灥 氚╉枼鞚措倶 鞛 鞓來枼鞐� 雽�頃� 歆�旃潉 鞝滉车頃橃 鞎婌晿鞀惦媹雼�.
AirNet Technology Inc. (NASDAQ : ANTE) a r茅v茅l茅 dans son rapport 6-K dat茅 du 20 juin 2025 avoir conclu un Contrat d鈥橝chat d鈥橝ctions (芦 Disposition SPA 禄) le 11 juin 2025 avec AR iCapital LLP, une entit茅 ind茅pendante bas茅e 脿 Singapour. Selon cet accord, AR iCapital acquerra 100 % de sept filiales鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co., et Yuehang Chuangyi Technology (Beijing) Co.鈥攄茅sign茅es collectivement sous le nom de 芦 Cibles 禄.
Contrepartie et Transfert des Passifs : Le prix d鈥檃chat est symbolique, fix茅 脿 1 dollar am茅ricain. 脌 la cl么ture, l鈥檃cheteur deviendra l鈥檜nique actionnaire des Cibles et reprendra tous les actifs et passifs qui leur sont li茅s. Aucun paiement suppl茅mentaire en esp猫ces, en actions ou conditionnel n鈥檈st mentionn茅.
Conditions de Cl么ture :
- Paiement du prix d鈥檃chat de 1 dollar am茅ricain.
- Obtention d鈥檜n avis d鈥櫭﹒uit茅 颈苍诲茅辫别苍诲补苍迟.
- Approbation par les actionnaires d鈥橝irNet.
Le d茅p么t comprend des organigrammes avant et apr猫s transaction (non reproduits dans le texte) et joint le Disposition SPA complet en Annexe 99.1. Aucun 茅tat financier, impact pro forma ou donn茅es de r茅sultats n鈥檃ccompagnent le d茅p么t.
Implication Strat茅gique : Cette cession indique un possible recentrage strat茅gique, AirNet se retirant de la propri茅t茅 directe des filiales sp茅cifi茅es une fois les conditions remplies. Comme l鈥檃cheteur reprend toutes les responsabilit茅s associ茅es, la transaction pourrait r茅duire les obligations consolid茅es au bilan d鈥橝NTE, bien que le d茅p么t ne quantifie pas ces montants. La direction n鈥檃 pas fourni d鈥檕rientations sur la strat茅gie future ou l鈥檌mpact financier au-del脿 de ce changement structurel.
AirNet Technology Inc. (NASDAQ: ANTE) gab in seinem 6-K-Bericht vom 20. Juni 2025 bekannt, dass am 11. Juni 2025 ein Aktienkaufvertrag (鈥濪isposition SPA鈥�) mit AR iCapital LLP, einer unabh盲ngigen Gesellschaft mit Sitz in Singapur, abgeschlossen wurde. Gem盲脽 der Vereinbarung wird AR iCapital 100 % von sieben Tochtergesellschaften erwerben鈥擝road Cosmos Enterprises Ltd., Air Net International Ltd., Air Net (China) Ltd., Shenzhen Yuehang Information Technology Co., Xian Shengshi Dinghong Information Technology Co. und Yuehang Chuangyi Technology (Beijing) Co.鈥攝usammen als 鈥濼argets鈥� bezeichnet.
Gegenleistung & Haftungs眉bernahme: Der Kaufpreis betr盲gt symbolisch 1 US-Dollar. Mit dem Abschluss wird der K盲ufer Alleinaktion盲r der Targets und 眉bernimmt alle Verm枚genswerte und Verbindlichkeiten, die mit diesen verbunden sind. Es sind keine weiteren Barzahlungen, Aktien oder bedingten Gegenleistungen vorgesehen.
Abschlussbedingungen:
- Zahlung des Kaufpreises von 1 US-Dollar.
- Erhalt eines unabh盲ngigen Fairness-Gutachtens.
- Genehmigung durch die 础颈谤狈别迟-础办迟颈辞苍盲谤别.
Die Einreichung enth盲lt Organisationsdiagramme vor und nach der Transaktion (nicht im Text wiedergegeben) und legt den vollst盲ndigen Disposition SPA als Anlage 99.1 bei. Finanzberichte, Pro-forma-Auswirkungen oder Gewinnzahlen sind nicht beigef眉gt.
Strategische Bedeutung: Die Ver盲u脽erung deutet auf einen m枚glichen Restrukturierungsfokus hin, da AirNet nach Erf眉llung der Bedingungen die direkte Eigent眉merschaft an den genannten Tochtergesellschaften aufgeben wird. Da der K盲ufer alle damit verbundenen Verbindlichkeiten 眉bernimmt, k枚nnte die Transaktion die konsolidierten Bilanzverpflichtungen von ANTE reduzieren, jedoch quantifiziert die Einreichung diese Betr盲ge nicht. Das Management hat keine Prognosen zur k眉nftigen strategischen Ausrichtung oder finanziellen Auswirkungen 眉ber die strukturelle 脛nderung hinaus gegeben.
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 June 2025
Commission File Number: 001-33765
AIRNET TECHNOLOGY INC.
(Exact name of registrant as specified in its charter)
Suite 301
No. 26 Dongzhimenwai Street
Chaoyang District, Beijing 100027
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 ☒ Form 40-F ☐
Entry into a Material Agreement
On June 11, 2025, AirNet Technology Inc. (the “Company” or the “Seller”), Broad Cosmos Enterprises Ltd., a British Virgin Islands company (“Broad Cosmos”), Air Net International Limited, a British Virgin Islands company (“Air Net International”), Air Net (China) Limited, a Hong Kong company (“Air Net China”), Shenzhen Yuehang Information Technology Co., Ltd., a PRC company (“Shenzhen Yuehang”), Xian Shengshi Dinghong Information Technology Co., Ltd., a PRC company (“Xian Shengshi”), Yuehang Chuangyi Technology (Beijing) Co., Ltd., a PRC company (“Yuehang Chuangyi”, together with Broad Cosmos, Air Net International, Air Net China, Shenzhen Yuehang, Xian Shengshi, the “Targets”), and AR iCapital LLP, a Singaporean company which is not affiliated with the Company or any of its directors or officers (the “Purchaser”) entered into certain share purchase agreement (the “Disposition SPA”). Pursuant to the Disposition SPA, the Purchaser agreed to purchase the Targets in exchange for nominal cash consideration of US$1 (the “Purchase Price”).
Upon the closing of the transaction (the “Disposition”) contemplated by the Disposition SPA, the Buyer will become the sole shareholder of the Targets and as a result, assume all assets and liabilities of the Targets and subsidiaries owned or controlled by the Target.
The Closing of the Disposition is subject to the satisfaction or waiver of certain closing conditions including the payment of the Purchase Price, the receipt of a fairness opinion from an independent firm, and approval by the Company’s shareholders.
Below is the Company’s organizational structure chart prior to the consummation of the Disposition.
1
Below will be the Company’s organizational structure chart after the consummation of the Disposition.
A copy of the Disposition SPA is attached hereto as Exhibit 99.1. The foregoing description of the form of the Disposition SPA is a summary of the material terms of such agreement, and does not purport to be complete and is qualified in their entirety by reference to the Disposition SPA.
Exhibits
| Exhibit No. | | Description |
| 99.1 | | Share Purchase Agreement, dated June 11, 2025 |
2
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.
| | AIRNET TECHNOLOGY INC. | |
| | | |
| Date: June 20, 2025 | By: | /s/ Dan Shao |
| | Name: | Dan Shao |
| | Title: | Chief Executive Officer |
3
Source:
FAQ
What did AirNet Technology (ANTE) announce in its June 2025 6-K?
Which entities are being sold by AirNet Technology?
Does the buyer assume liabilities of the divested subsidiaries?
What conditions must be met before the divestiture closes?
Is there any immediate financial gain for AirNet from the sale?
