团车网美股招股说明书(2022-11-23版)

424B51tm2230821d1424b5.htm424B5 FiledPursuanttoRule424(b)(5)RegistrationNo.333-264942 ProspectusSupplement (ToProspectusdatedAugust25,2022) 3,654,546AmericanDepositarySharesRepresenting58,472,736ClassAOrdinarySharesPre-FundedWarrantstoPurchaseupto1,800,000AmericanDepositarySharesWarrantstoPurchaseupto5,454,546AmericanDepositaryShares Upto7,254,546AmericanDepositaryShares(representingupto116,072,736ClassAOrdinarySharesunderlyingtheWarrantsandPre-FundedWarrants) TuanCheLimited Weareoffering(1)3,654,546Americandepositaryshares(the“ADSs”),(2)certainpre-fundedwarrantstopurchase1,800,000ADSs(the“Pre-FundedWarrants”)inlieuoftheADSsbeingoffered,and(3)certainwarrantstopurchaseupto5,454,546ADSs(the“Warrants”),tocertaininstitutionalinvestorspursuanttoasecuritiespurchaseagreementdatedNovember21,2022(the“offering”).TheWarrantsareofferedtogetherwiththeADSsorthePre-FundedWarrants.ThecombinedpurchasepriceofeachADSandtheaccompanyingWarrantsisUS$2.75.ThecombinedpurchasepriceofeachPre-FundedWarrantandtheaccompanyingWarrantsisUS$2.749,whichisequaltotheofferingpriceoftheADSsandaccompanyingWarrantsminusUS$0.001.Thisprospectussupplementalsorelatestotheofferandsaleofupto7,254,546ADSsthatareissuable,followingissuanceanddeliveryoftheunderlyingClassAordinaryshares,uponexerciseofthePre-FundedWarrantsandtheWarrants.EachADSrepresentssixteen(16)ClassAordinaryshares,parvalueUS$0.0001pershare. EachWarrantisexercisableforoneADSatanexercisepriceofUS$2.75perADS.TheWarrantswillbeimmediatelyexercisableandwillexpireonthefifthanniversaryoftheoriginalissuancedate.EachPre-FundedWarrantisexercisableforoneADSatanexercisepriceofUS$0.001.WeareofferingthePre-FundedWarrantstocertainpurchaserswhosepurchaseoftheADSsinthisofferingwouldotherwiseresultinsuchpurchase,togetherwithitsaffiliatesandcertainrelatedparties,beneficiallyowningmorethan4.99%(or,attheelectionofthepurchase,9.99%)ofouroutstandingordinarysharesimmediatelyfollowingtheconsummationofthisoffering.ThePre-FundedWarrantsareexercisableimmediatelyandmaybeexercisedatanytimeuntilallofthePre-FundedWarrantsareexercisedinfull.OnNovember22,2022,certaininvestorpartiallyexercisedthePre-FundedWarrantstopurchase800,000ADSsatanexercisepriceofUS$0.001perADS(the“PartialExercise”). TheADSsarelistedontheNasdaqCapitalMarketunderthesymbol“TC.”ThelastreportedsalepriceoftheADSsonNovember22,2022wasUS$1.20perADS.ThereisnoestablishedpublictradingmarketfortheWarrantsorthePre-FundedWarrants,andwedonotexpectamarkettodevelop.WedonotintendtoapplyforlistingoftheWarrantsorthePre-FundedWarrantsonanysecuritiesexchangeorothernationallyrecognizedtradingsystem.Withoutanactivetradingmarket,theliquidityoftheWarrantsandPre-FundedWarrantswillbelimited. WehaveretainedAegisCapitalCorp.(the“PlacementAgent”)toactasourplacementagentinconnectionwiththisoffering.ThePlacementAgentisnotpurchasingorsellinganyofthesecuritiesofferedpursuanttothisprospectussupplementandtheaccompanyingprospectusandthePlacementAgentisnotrequiredtoarrangethepurchaseorsaleofanyspecificnumberofsecuritiesordollaramount.WewillpaythePlacementAgentacashfeeof8.0%ofthegrossproceedsraisedintheoffering.See“PlanofDistribution”beginningonpageS-84ofthisprospectussupplementformoreinformationregardingthesearrangements. TheaggregatemarketvalueofouroutstandingClassAordinarysharesheldbynon-affiliates,orpublicfloatcalculatedpursuanttoGeneralInstructionI.B.5ofFormF-3,wasapproximatelyUS$103.7million,whichwasbasedon164,496,607ClassAordinarysharesheldbynon-affiliatesandtheperADSpriceofUS$10.09,whichwastheclosingpriceofourADSsonNovember10,2022.Asaresult,webelievewemaysellthesecuritiescoveredherebywithoutregardtothevaluelimitationunderGeneralInstructionI.B.5ofFormF-3. OurordinarysharesconsistofClassAordinarysharesandClassBordinaryshares.EachClassAordinaryshareisentitledtoonevote,andeachClassBordinaryshareisentitledtofifteen(15)votesonallmatterssubjecttovoteatgeneralmeetingsofourcompany.EachClassBordinaryshareisconvertibleintooneClassAordinaryshareatanytimeattheoptionoftheholderthereof,whileClassAordinarysharesarenotconvertibleintoClassBordinarysharesunderanycircumstances.Uponanysale,transfer,assignmentordispositionofClassBordinarysharesbyaholdertoanypersonorentitywhichisnotanaffiliateofsuchholder,oruponachangeofultimatebeneficialownershipofanyClassBordinarysharetoanypersonorentitywhoisnotanaffiliateofsuchholder,eachofsuchClassBordinarysharesshallbeautomaticallyandimmediatelyconvertedintooneClassAordinaryshare. WearenotaChineseoperatingcompany.TuanCheLimited,ourultimateCaymanIslandsholdingcompany,doesnothaveanysubstantiveoperations.Wecarryoutourvalue-addedtelecommunicationsbusinessinmainlandChinathroughoursubsidiariesaswellasthevariableinterestentities(the“VIEs”)andtheirsubsidiariesinmainlandChina.Neithertheinvestorsinusnorweourselveshaveanequityownershipin,directforeigninvestmentin,orcontrolof,throughsuchownershiporinvestment,theVIEs.Instead,we,throughourwhollyownedsubsidiariesinmainlandChina(the“WFOEs”),enteredintoaseriesofcontractualarrangementswiththeVIEsandtheirrespectiveshareholders.Neith