X Financial Commences a Tender Offer to Repurchase approximately $9.04 Million of its ADSs
XYFX Financial(XYF) Prnewswire·2024-06-05 21:13

SHENZHEN, China, June 5, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company in China, announced today that it has commenced a tender offer (the "Tender Offer") to purchase up to 2 million American Depositary Shares (the "ADSs") of the Company, each representing six Class A ordinary shares, par value 0.0001pershare,atapriceof0.0001 per share, at a price of 4.52 per ADS (the "Purchase Price"), less any applicable withholding taxes, less a cancellation fee of $0.05 per ADS ...