FARO CFO Sells 80k Shares/Units at $44 in AMETEK Merger

Q: How many FARO shares does the CFO own after the transaction?

Following the conversion, the filing shows 0 shares and 0 derivative securities remaining.

Q: What price will FARO shareholders receive in the AMETEK merger?

Each FARO share or eligible stock unit will be cancelled for $44.00 in cash per the Merger Agreement.

[6-K] Mercurity Fintech Holding Inc. Current Report (Foreign Issuer)

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

FARO Technologies, Inc. (FARO) 鈥� Form 4 filing (07/21/2025)

SVP & Chief Financial Officer Matthew Horwath reported the disposal of his entire direct beneficial ownership in connection with FARO鈥檚 pending merger with a wholly-owned subsidiary of AMETEK, Inc. Under the Merger Agreement dated 05/05/2025, every share and restricted/performance stock unit was cancelled and converted into the right to receive $44.00 in cash.

Common shares disposed: 39,264
Performance/Restricted Stock Units disposed: 41,018
Post-transaction ownership: 0 shares / 0 derivative securities

The filing confirms that, immediately prior to the effective time of the merger, all equity held by the CFO was cash-settled at the agreed merger price, signalling completion mechanics and elimination of insider equity exposure.

Positive

Cash consideration of $44 per share/unit provides immediate liquidity to shareholders and insiders as stipulated in the merger agreement.
Form 4 confirms mechanical completion steps of the FARO鈥揂METEK merger, reducing execution uncertainty for investors.

Negative

CFO鈥檚 ownership falls to zero, ending insider equity alignment with FARO鈥檚 ongoing performance post-transaction.

Insights

TL;DR Insider Form 4 indicates equity cancellation and $44 cash payout, confirming mechanical close of FARO-AMETEK merger.

The transaction shows the CFO鈥檚 80,282 total equity instruments (common and RSUs/PSUs) cancelled for $44 cash each, aligning with the Merger Agreement鈥檚 terms. Insider now holds zero shares, demonstrating full transition to AMETEK ownership. From an M&A perspective, this filing is largely procedural yet confirms that consideration is fully cash, eliminating post-close rollover equity and integration complexity. It also signals that closing conditions tied to equity treatment have been met, reducing deal-completion risk.

TL;DR CFO exits equity stake; insider alignment with future performance ceases post-merger.

Governance-wise, the Form 4 records total divestiture of management鈥檚 FARO equity due to cash-only merger. While shareholders receive liquidity, removal of insider ownership may affect post-close retention incentives; however, such concerns shift to AMETEK鈥檚 compensation structures. No irregularities noted; filing meets Section 16 obligations and provides transparency on insider cash-out.

07/21/2025 - 04:10 PM

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 July 2025

Commission File Number 001-36896

MERCURITY FINTECH HOLDING INC.

(Registrant’s name)

1330 Avenue of the Americas, Fl 33,

New York, NY 10019

(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 ☐

Entry into a Material Definitive Agreement and Unregistered Sale of Equity Securities.

On July 17, 2025, Mercurity Fintech Holding Inc. (Nasdaq: MFH) (the “Company”) entered into an $200 million Equity Line of Credit Agreement (the “Agreement”) with Solana Ventures Ltd., a corporation organized and existing under the laws of the British Virgin Islands (the “Investor”).

According to the Agreement, the 24-month facility provides the Company with strategic flexibility to access capital in tranches ranging from $250,000 to $3 million, depending on market conditions and operational needs. The facility is subject to the filing and effectiveness of a registration statement with the SEC. The Company intends to deploy this capital to support Solana-based staking operations, decentralized yield-generation protocols, and institutional-grade treasury management infrastructure.

In addition, the Agreement contains several provisions designed to protect existing shareholders from excessive dilution. The Company will issue new shares priced at 95% of the volume-weighted average price (VWAP), with a floor price set at 80% of the 10-day trading low. The Investor’ beneficial ownership is capped at 4.99% of the Company’s outstanding shares, and purchase notices are limited to prevent market disruption.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Equity Line of Credit Agreement, which is attached hereto as Exhibit 10.1, and is incorporated herein by reference.

On July 21, 2025, the Company published an announcement (the “Press Release”), a copy of which is attached herein as Exhibit 99.1.

This report on Form 6-K (including the exhibit hereto) shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth below.

INCORPORATION BY REFERENCE

This Report shall be incorporated by reference into the Company’s (i) registration statement on Form S-8, which became effective on May 12, 2025 (File No. 333-287201); and (ii) registration statement on Form F-3, as amended, which became effective on June 27, 2025 (File No. 333-287428), and be a part thereof from the date on which this Report is furnished to the SEC, to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBIT INDEX

Exhibit No.		Description
10.1		Equity Line of Credit Agreement dated July 17, 2025
99.1		Press Release

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.

Mercurity Fintech Holding Inc.

By:	/s/ Shi Qiu
Name:	Shi Qiu
Title:	Chief Executive Officer

Date: July 21, 2025

Source:

FAQ

What did FARO's CFO disclose in the 07/21/2025 Form 4?

He reported disposing of 39,264 common shares and 41,018 stock units, all converted to $44.00 cash each under the merger.

How many FARO shares does the CFO own after the transaction?

Following the conversion, the filing shows 0 shares and 0 derivative securities remaining.

What price will FARO shareholders receive in the AMETEK merger?

Each FARO share or eligible stock unit will be cancelled for $44.00 in cash per the Merger Agreement.

Does the Form 4 indicate the FARO鈥揂METEK merger has closed?

The filing reflects equity cancellation consistent with closing mechanics, suggesting the merger is at or near its effective time.

Why were performance share units cancelled?

Under the merger terms, PSUs vested immediately before closing and were cash-settled at $44, eliminating contingent equity.

AG真人官方

[6-K] Mercurity Fintech Holding Inc. Current Report (Foreign Issuer)

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FAQ

What did FARO's CFO disclose in the 07/21/2025 Form 4?

How many FARO shares does the CFO own after the transaction?

What price will FARO shareholders receive in the AMETEK merger?

Does the Form 4 indicate the FARO鈥揂METEK merger has closed?

Why were performance share units cancelled?

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[6-K] Mercurity Fintech Holding Inc. Current Report (Foreign Issuer)

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Corporate Governance Expert neutral

FAQ

What did FARO's CFO disclose in the 07/21/2025 Form 4?

How many FARO shares does the CFO own after the transaction?

What price will FARO shareholders receive in the AMETEK merger?

Does the Form 4 indicate the FARO鈥揂METEK merger has closed?

Why were performance share units cancelled?

NASDAQ:MFH

MFH Rankings

MFH Latest News

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MFH Stock Data