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
OF THE SECURITIES EXCHANGE ACT OF 1934
July 2022
Commission File Number: 001-40507
Full Truck Alliance Co. Ltd.
No. 123 Kaifa Avenue Economic and Technical Development Zone, Guiyang Guizhou 550009 Peoples Republic of China +86-851-8384-2056 |
Wanbo Science and Technology Park, 20 Fengxin Road Yuhuatai District, Nanjing Jiangsu 210012 Peoples Republic of China +86-25-6692-0156 |
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
TABLE OF CONTENTS
Exhibit 99.1 | Full Truck Alliance Repurchased Certain Shares Previously Granted Under Share Incentive Plans |
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SIGNATURE
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.
Full Truck Alliance Co. Ltd. | ||
By: | /s/ Peter Hui Zhang | |
Name: | Peter Hui Zhang | |
Title: | Chairman and Chief Executive Officer |
Date: July 6, 2022
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Exhibit 99.1
Full Truck Alliance Repurchased Certain Shares Previously Granted Under Share Incentive Plans
Full Truck Alliance Co. Ltd. (FTA or the Company) (NYSE: YMM), a leading digital freight platform, repurchased an aggregate of 259,095,756 Class A ordinary shares from certain employees and the nominee of an employee incentive plan trust set up by the Company for an aggregate consideration of US$122,293,197 in privately negotiated transactions on July 6, 2022. The repurchased shares correspond to part of the vested share-based awards previously granted to such employees (including management members) of the Company. The repurchase price was US$0.472 per Class A ordinary share, which was determined by dividing US$9.440, the closing price of the Companys American depositary shares (ADSs) on July 5, 2022, by 20, which is the ratio of the Companys Class A ordinary shares to ADS.
The above share repurchases were conducted pursuant to resolutions of the Companys board of directors, which authorized the Company to repurchase Class A ordinary shares corresponding to vested share-based awards granted under the Companys share incentive plans. Such repurchases are intended to enable the grantees to realize the benefit from some of their vested share-based awards through privately negotiated transactions as opposed to reselling such shares into the open market. The repurchases were funded from the Companys existing cash balance.