AIFU Inc. (AIFU) shares plunged 9.06% in pre-market trading on Monday, July 7, 2025, falling to $6.31 after $31.6M share issuance agreement. This follows a previous closing price of $6.94 from the last trading session.
AIFU Inc. (AIFU) has entered into a definitive share purchase agreement with certain investors. The company will issue and sell 10,000,000 Class A ordinary shares at $3.156 per share. This transaction is projected to generate approximately $31.6 million in gross proceeds.
AIFU Inc. plans to use the net proceeds to support its business plans as directed by its board of directors, for general working capital, and other corporate purposes. The share issuance is expected to close by the end of July 2025.
