AIFU to raise $135 million through non-brokered 45 million-share private placement

  • AIFU announced a non-brokered private placement of 45 million Class A ordinary shares and related warrants.
  • The shares are priced at $3.00 each for approximately $135.0 million in gross proceeds, with warrants covering up to 90 million additional shares.
  • AIFU shares rose 16.24% after hours to $11.62 after closing at $9.10 during Thursday's regular session.

AIFU Inc. announced a non-brokered private placement under a definitive share purchase agreement to sell 45,000,000 Class A ordinary shares at $3.00 each for approximately $135.0 million in gross proceeds. The transaction includes warrants for up to 90,000,000 additional Class A ordinary shares, with half exercisable at $6.00 per share and the remainder at $7.50 per share. AIFU expects the deal to close by the end of October 2026, subject to customary conditions, and plans to use the proceeds for business plans, working capital and other general corporate purposes. The stock closed Thursday's regular session at $9.10, down 8.27%, before rising 16.24% to $11.62 in after-hours trading on Robinhood Markets. Upon completion, AIFU expects 61,175,748 ordinary shares outstanding, while the largest investor is expected to hold about 56.12% of the shares and 3.19% of aggregate voting power.

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