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Stocks/XYF/SEC Filings/6-K Nov 6, 2026

XYF 6-K: Tender offer

Filed with the SEC on Nov 6, 2026 ยท accession 0001104659-26-123554

XYF filed a 6-K (foreign company report) with the SEC on Nov 6, 2026. X Financial received a preliminary non-binding proposal from Mangrove Coast Investment Limited, affiliated with Chairman/CEO Yue (Justin) Tang, to acquire all outstanding ordinary shares not already owned by Mangrove for US$1.005 per ordinary share (US$6.03 per ADS).

Summary of the filing

X Financial received a preliminary non-binding proposal from Mangrove Coast Investment Limited, affiliated with Chairman/CEO Yue (Justin) Tang, to acquire all outstanding ordinary shares not already owned by Mangrove for US$1.005 per ordinary share (US$6.03 per ADS). Mangrove holds approximately 93.45% of total voting power, and the Board plans to form a special committee of independent directors to evaluate the proposal.

For details, click here โ†’How to read a 6-K โ†’

Key details

Cash offer price per ordinary share$1
Cash offer price per American Depositary Share (ADS), each representing six Class A ordinary shares$6
Target companyX Financial
Proposed acquirer; holds approximately 93.45% of total voting powerMangrove Coast Investment Limited
Chairman and chief executive officerYue (Justin) Tang
Chief financial officerFrank Fuya Zheng

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Frequently asked questions

What did XYF file with the SEC on Nov 6, 2026?

XYF filed a 6-K (Tender offer). X Financial received a preliminary non-binding proposal from Mangrove Coast Investment Limited, affiliated with Chairman/CEO Yue (Justin) Tang, to acquire all outstanding ordinary shares not already owned by Mangrove for US$1.005 per ordinary share (US$6.03 per ADS). Mangrove holds approximately 93.45% of total voting power, and the Board plans to form a special committee of independent directors to evaluate the proposal.

What does a tender offer mean for XYF stock?

A contract important enough that investors need to know about it โ€” a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 6-K?

How foreign companies listed in the US report news and events โ€” like an 8-K for them. Look at the exhibit names: "results", "resign", "notice" tell you the topic. Many 6-Ks are routine (meeting notices); results and leadership changes matter most.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value โ€” results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 6-K (foreign company report): How foreign companies listed in the US report news and events โ€” like an 8-K for them.

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Source: SEC EDGAR filing 0001104659-26-123554. The summary and key details are extracted by SEPT from the filing and may contain errors. Price reaction uses daily closing prices. Not financial advice.