Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
May 31 2024 - 4:22PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2024
Commission File Number: 001-33765
AIRNET TECHNOLOGY INC.
(Exact name of registrant as specified in its charter)
Suite 301
No. 26 Dongzhimenwai Street
Chaoyang District, Beijing 100027
The People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F
x Form 40-F ¨
EXPLANATORY NOTE
The
document attached as Exhibit 99.1 to this report on Form 6-K is hereby incorporated by reference into the Company’s Registration
Statement on Form F-3, as amended, initially filed with the U.S. Securities and Exchange Commission on May 10, 2024 (Registration No. 333-279318), and
shall be a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports
subsequently filed or furnished.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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AIRNET TECHNOLOGY INC. |
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Date: May 31, 2024 |
By: |
/s/ Herman Man Guo |
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Name: |
Herman Man Guo |
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Title: |
Chairman and Interim Chief Financial Officer |
EXHIBIT INDEX
Exhibit 99.1
AirNet Announces Purchase of Cryptocurrency
Mining Machines
BEIJING, May 31, 2024 /PRNewswire/ – AirNet Technology Inc.,
formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced that the Company
entered into a sales and purchase agreement with an unaffiliated third party for the purchase of 6,218 units of Bitcoin Miner S21 on May
30, 2024. The aggregate purchase price for these miners is approximately RMB177.2 million.
In view of the broad prospects of the global cryptocurrency field,
especially the bull market performance of the Bitcoin market, the Company plans to invest in encrypted assets to lay out in advance in
order to capture the market opportunities. The transaction is subject to the completion of the requisite corporate and other approvals
and customary closing conditions. There can be no assurance that the transaction will be consummated in a timely manner, or at all. To
the extent that the transaction is consummated, there is no guarantee when these miners will be in operation to generate economic returns,
or at all. The shareholders are cautioned not to place undue reliance on this announcement.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning
of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified
by terminology such as “will,” “expects,” “is expected to,” “anticipates,” “aim,”
“future,” “intends,” “plans,” “believes,” “are likely to,” “estimates,”
“may,” “should” and similar expressions. The Company may also make written or oral forward-looking statements
in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press
releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking
statements are based upon management’s current expectations and current market and operating conditions, and involve inherent risks
and uncertainties, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause its
actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information is
included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this announcement
is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement as a
result of new information, future events or otherwise, except as required under law.
Company Contact
Penny Pei
Investor Relations
AirNet Technology Inc.
Tel: +86-10-8460-8678
Email: penny@ihangmei.com
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