房多多美股招股说明书(2022-12-08版)

424B51tm2225148-5_424b5.htm424B5 TABLEOFCONTENTS PROSPECTUSSUPPLEMENT (ToProspectusDatedSeptember29,2022) FiledPursuanttoRule424(b)(5) RegistrationNo.333-267397 FangddNetworkGroupLtd. 1,000,000AmericanDepositarySharesRepresenting375,000,000ClassAOrdinaryShares WeenteredintoaSecuritiesPurchaseAgreement,datedDecember7,2022,withcertaininvestorsrelatingtothesaleof1,000,000Americandepositaryshares,orADSs,representingClassAordinaryshares,parvalueUS$0.0000001pershare,ofFangddNetworkGroupLtd.offeredbythisprospectussupplementandtheaccompanyingprospectusatanegotiatedpriceofUS$0.6976perADS.EachADSrepresents375ClassAordinaryshares. ADSsrepresentingourClassAordinarysharesarelistedontheNasdaqGlobalMarketunderthesymbol“DUO.”OnDecember6,2022,theclosingpriceoftheADSsontheNasdaqGlobalMarketwasUS$1.26perADS. WehaveretainedMMGlobalSecurities,Inc.,orthePlacementAgent,toactasourexclusiveplacementagentinconnectionwiththisoffering.ThePlacementAgentisnotpurchasingorsellinganyofthesecuritiesofferedpursuanttothisprospectussupplementandtheaccompanyingprospectusandthePlacementAgentisnotrequiredtoarrangethepurchaseorsaleofanyspecificnumberofsecuritiesordollaramount.WewillpaythePlacementAgentacashplacementfeeof7.0%ofthegrossproceedsraisedintheoffering.See“PlanofDistribution”beginningonpageS-55ofthisprospectussupplementformoreinformationregardingthesearrangements. WearenowsubjecttoGeneralInstructionI.B.5ofFormF-3,whichlimitstheamountsthatwemaysellundertheregistrationstatementofwhichthisprospectussupplementandtheProspectusformapart.TheaggregatemarketvalueofourissuedandoutstandingClassAordinarysharesheldbynon-affiliates,orpublicfloat,wasapproximatelyUS$8.1million,whichwascalculatedbasedon1,560,714,666ClassAordinarysharesissuedandoutstandingheldbynon-affiliatesonDecember7,2022andaperADSclosingpriceofUS$1.94asreportedontheNasdaqGlobalMarketonOctober28,2022.WehavenotofferedanysecuritiespursuanttoGeneralInstruction I.B.5.ofFormF-3duringtheprior12-calendar-monthperiodthatendsonandincludesthedateofthisprospectussupplement.PursuanttoGeneralInstructionI.B.5.ofFormF-3,innoeventwillwesellsecuritiescoveredherebyinapublicprimaryofferingwithavalueexceedingone-thirdofourpublicfloatinany12-monthperiodsolongasourpublicfloatremainsbelowUS$75million. OursharecapitalconsistsofClassAordinaryshares,ClassBordinarysharesandClassCordinaryshares.EachClassAordinaryshareisentitledtoonevote,each ClassBordinaryshareisentitledtotenvotes,andeachClassCordinaryshareisentitledto10,000votes.EachClassBordinaryshareandeachClassCordinarysharesisconvertibleintooneClassAordinaryshareatanytimeattheoptionoftheholderthereof.ClassAordinarysharesarenotconvertibleintoClassBordinarysharesorClassCordinarysharesunderanycircumstances.Uponanysale,transfer,assignmentordispositionofClassBordinarysharesbyaholderthereoforachangeofultimatebeneficialownershipofanyClassBordinarysharetoanypersonotherthanourthreeco-foundersandtheirrespectiveaffiliates,suchClassBordinarysharesareautomaticallyandimmediatelyconvertedintothesamenumberofClassAordinaryshares.Upon(i)anysale,transfer,assignmentordispositionofsuchnumberofClassCordinarysharesbyaholderthereoforthedirectorindirecttransferorassignmentofthevotingpowerattachedtosuchnumberofClassCordinarysharesthroughavotingproxyorotherwisetoanypersonthatisnotanaffiliateofsuchholder,or(ii)thedirectorindirectsale,transfer,assignmentordispositionofamajorityoftheissuedandoutstandingvotingsecuritiesof,orthedirectorindirecttransferorassignmentofthevotingpowerattachedtosuchvotingsecuritiesthroughvotingproxyorotherwise,orthedirectorindirectsale,transfer,assignmentordispositionofallorsubstantiallyalloftheassetsof,aholderofClassCordinarysharesthatisanentitytoany TABLEOFCONTENTS personotherthananaffiliateofsuchholder,(iii)Mr.XiZeng,ourchairmanofboardofdirectorandchiefexecutiveofficer,ceasingtobetheultimatebeneficialownerofatleast80,698,283ClassAordinaryshares(onanas-if-convertedbasis)atanytime,or(iv)Mr.XiZengbeingpermanentlyunabletoattendboardmeetingsandmanagethebusinessaffairsoftheCompanyasaresultofincapacitysolelyduetohisthenphysicaland/ormentalcondition,ClassCordinarysharesheldbyaholderthereofwillbeautomaticallyandimmediatelyconvertedintothesamenumberofClassAordinaryshares.Exceptforvotingandconversionrights,holdersofClassAordinaryshares,ClassBordinarysharesandClassCordinarysharesshallrankparipassuwithoneanotherandshallhavethesamerights,preference,privilegesandrestrictions.Asofthedateofthisprospectussupplement,Mr.XiZengbeneficiallyowned161,396,567ClassBordinarysharesand75,000ClassCordinarysharesandwillbeabletoexerciseapproximately26.9%ofthetotalvotingpowerofourissuedandoutstandingsharecapitalimmediatelyfollowingthecompletionofthisoffering. Wearean“emerginggrowthcompany”anda“foreignprivateissuer,”eachasdefinedunderthefederalsecuritieslaws,and,assuch,wewillbesubjecttoreducedpubliccompanyreportingrequirementsforthisprospectussupplementandfuturefilings.See“ProspectusSupplementSummary—ImplicationsofBeinganEmergingGrowthCompany”and“ProspectusSupplementSummary—ImplicationsofBein