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Bilibili | 6-K: Next Day Disclosure Return

SEC announcement ·  Apr 2 18:14
Summary by Futu AI
Bilibili Inc., a foreign private issuer, has filed a Form 6-K with the U.S. Securities and Exchange Commission for April 2024. The report includes a Next Day Disclosure Return dated April 2, 2024, detailing the repurchase and cancellation of a significant portion of its 1.375% Convertible Senior Notes due 2026. Specifically, on April 1, 2024, Bilibili repurchased US$429,331,000 aggregate principal amount of the April 2026 Notes, which were convertible into 17,346,697 American depositary shares (ADSs) based on the initial conversion rate. The repurchase price matched the principal amount, with no actual ADSs repurchased. The closing balance of the notes after the transaction was 485. The company confirmed that all necessary authorizations and legal requirements for the repurchase had been fulfilled, and the transaction was in accordance with the terms of the April 2026 Notes. The repurchase follows previous announcements made on February 20, 2024, and April 1, 2024, regarding the repurchase plans for the April 2026 Notes.
Bilibili Inc., a foreign private issuer, has filed a Form 6-K with the U.S. Securities and Exchange Commission for April 2024. The report includes a Next Day Disclosure Return dated April 2, 2024, detailing the repurchase and cancellation of a significant portion of its 1.375% Convertible Senior Notes due 2026. Specifically, on April 1, 2024, Bilibili repurchased US$429,331,000 aggregate principal amount of the April 2026 Notes, which were convertible into 17,346,697 American depositary shares (ADSs) based on the initial conversion rate. The repurchase price matched the principal amount, with no actual ADSs repurchased. The closing balance of the notes after the transaction was 485. The company confirmed that all necessary authorizations and legal requirements for the repurchase had been fulfilled, and the transaction was in accordance with the terms of the April 2026 Notes. The repurchase follows previous announcements made on February 20, 2024, and April 1, 2024, regarding the repurchase plans for the April 2026 Notes.

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