FilingsSEC filing
Kingsoft Cloud issued 69,375,000 shares to controlling shareholder Kingsoft Corporation on Jun 17, 2025
Form6-K
FiledJun 17
CompanyKingsoft Cloud
Kingsoft Cloud issued 69,375,000 new shares to its controlling shareholder, Kingsoft Corporation, on Jun 17, 2025, at HK$5.83 a share. The new shares are about 1.68% of the company's shares in issue before completion, and the company expected gross proceeds of HK$404,456,250, or about US$52,138,120. It said the money would go to upgrading and expanding infrastructure, technology and product development, and general corporate and working capital purposes. The announcement is attached to a Form 6-K, a foreign company's report to the SEC, filed Jun 17, 2025.1,2,3,4,5,6
How each figure was checked
- the shares issued, to whom, when and at what price69,375,000 shares issued to Kingsoft Corporation on June 17, 2025 at HK$5.83 per shareKingsoft Cloud announcement of Jun 17, 2025 (Exhibit 99.1 to the Form 6-K) ↗
- who the subscriber isKingsoft Corporation, the subscriber, is the controlling shareholderKingsoft Cloud announcement of Jun 17, 2025 (Exhibit 99.1 to the Form 6-K) ↗
- the new shares as a share of those in issue before completionapproximately 1.68% of the issued shares before completionKingsoft Cloud announcement of Jun 17, 2025 (Exhibit 99.1 to the Form 6-K) ↗
- the expected gross proceeds and what they were to be used forexpected gross proceeds of HK$404,456,250 (approximately US$52,138,120), for infrastructure, technology and product development, and general corporate and working capital purposesKingsoft Cloud announcement of Jun 17, 2025 (Exhibit 99.1 to the Form 6-K) ↗
- the form type6-K
- the day the Form 6-K was filedJun 17, 2025
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The record
- Company
- Kingsoft Cloud (CIK 1795589)
- Form
- 6-K
- Accession
- 0001104659-25-060248
- Filed
- Jun 17, 2025
- Period of report
- Jun 17, 2025
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About Kingsoft Cloud
Kingsoft Cloud page →Revenue$1.37 billionYear to Dec 31, 2025 · +28.16% year over year
Operating income−$110.53 millionYear to Dec 31, 2025 · +53.61% year over year
Net income−$133.88 millionYear to Dec 31, 2025 · +50.31% year over year
- Open roles
- No public hiring feed we can read
- Layoffs, 12 months
- No WARN notices in the US states we read
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