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, 2025.123456

How each figure was checked6 facts
  1. 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) ↗
  2. 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) ↗
  3. 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) ↗
  4. 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) ↗
  5. the form type6-KOur database
  6. the day the Form 6-K was filedJun 17, 2025Our database

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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

Source: SEC EDGAR XBRL financial data · filed Apr 23, 2026

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Layoffs, 12 months
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Sources

  1. SEC EDGAR, Form 6-K filed Jun 17, 2025
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