AIFU Inc. filed a Form 6-K with the SEC on November 6, 2026, reporting the completion of its acquisition of 100% of the equity interest in Waltz Investment Holding Ltd. through the issuance of consideration shares and a cash component to four sellers.

Key Highlights

  • Transaction valued at approximately RMB300.0 million: The total consideration consisted of 11,203,443 Class A ordinary shares at US$3.0 per share and US$11,000,000 in cash payable to Modern within 365 days of closing.
  • Shares distributed across four sellers: Ballet Holding Ltd and Timber Management Limited each received 3,546,580 shares; Modern Holding Ltd received 2,396,583 shares; and Sunrise Capital Partners Ltd. received 1,713,700 shares.
  • Post-closing share count: The company reported 72,379,191 total issued and outstanding ordinary shares, comprising 62,129,191 Class A shares and 10,250,000 Class B shares.
  • Sellers hold approximately 15.48% of outstanding shares: In aggregate, the sellers hold approximately 15.48% of total issued and outstanding shares and approximately 1.03% of total voting power.
  • 60-month lock-up period imposed: Subject to certain customary exceptions, each seller agreed not to transfer or dispose of any consideration shares for 60 months following closing.
  • Shares issued as restricted securities: The consideration shares were issued in a private transaction exempt from registration under the Securities Act of 1933, in reliance on Section 4(a)(2) and/or Regulation S.

AIFU Closes Waltz Group Deal, Issues 11.2 Million Shares to Sellers

According to the Form 6-K filed November 6, 2026, AIFU Inc. (NASDAQ:AIFU) completed the acquisition of 100% of the equity interest in Waltz Investment Holding Ltd. on November 6, 2026. Waltz Investment Holding Ltd. indirectly owns 99% of the equity interests in Shenzhen Waltz New Material Applied Technology Co., Ltd. and its wholly-owned subsidiaries. The filing describes Waltz Group as "an established provider of functional film application and development services."

The transaction agreement was entered into on October 21, 2026. The filing states that the total consideration, valued at approximately RMB300.0 million, comprised two components: 11,203,443 Class A ordinary shares of the company at a par value of US$0.002 per share, issued at US$3.0 per share, and US$11,000,000 in cash payable to Modern Holding Ltd within 365 days following the closing. As of the closing date, the company disclosed that the consideration shares were allocated among Ballet Holding Ltd (3,546,580 shares), Timber Management Limited (3,546,580 shares), Modern Holding Ltd (2,396,583 shares), and Sunrise Capital Partners Ltd. (1,713,700 shares).

Following the completion of the transaction, the filing reports that AIFU has 72,379,191 total issued and outstanding ordinary shares. The sellers collectively hold approximately 15.48% of total issued and outstanding shares and approximately 1.03% of total voting power, according to the filing. Each seller is subject to a 60-month lock-up on the consideration shares, subject to certain customary exceptions. The filing notes the shares were issued pursuant to a private transaction exemption from Securities Act registration under Section 4(a)(2) and/or Regulation S, and are classified as restricted securities.

What Was Disclosed

AIFU Inc. reported the November 6, 2026 closing of its acquisition of Waltz Investment Holding Ltd. through the issuance of 11,203,443 Class A ordinary shares at US$3.0 per share and a US$11,000,000 cash payment, with sellers subject to a 60-month share lock-up.