库克音乐美股招股说明书(2024-07-05版)

424B51ea0208965-424b5_kukemusic.htmPROSPECTUSSUPPLEMENT FiledpursuanttoRule424(b)(5)RegistrationNo.333-267655 ProspectusSupplement (ToProspectusDatedMarch6,2023) KUKEMUSICHOLDINGLIMITED $1,142,500ConvertibleNoteDueJuly5,2025andupto5,000,000ClassAOrdinarySharesIssuableUponConversionoftheConvertibleNote,and 950,000AmericanDepositarySharesRepresenting950,000ClassAOrdinaryShares Weareoffering(i)$1,142,500ConvertibleNoteDueJuly5,2025(the“Note”),(ii)upto5,000,000ClassAordinaryshares,parvalue$0.001pershare(referredtohereinafterasthe“ordinaryshare”)issuableuponconversionoftheNoteand(iii)950,000AmericanDepositaryShares(the“ADSs”)atapriceof$0.001persharedirectlytocertaininvestor(the“Investor”),pursuanttothisprospectussupplementandtheaccompanyingprospectus.EachADSrepresentsone(1)ClassAordinaryshare.See“DescriptionofOrdinaryShares”intheaccompanyingprospectusformoreinformation.Wehavenotretainedabroker,dealer,underwriterorplacementagentwithrespecttothisofferingandthereforearenotpayinganyunderwritingdiscountsorcommissions.Weestimatethetotalproceedsofthisofferingwillbeapproximately$1.0million. TheNotewillmatureonJuly5,2025(the“MaturityDate”)unlessearlierconvertedorprepaid,andwillbeissuedwith8%originalissuediscounttotheInvestoronoraroundJuly5,2024;interestof8%perannumwillstartaccruingonJuly5,2024andwillbepayableontheMaturityDate.TheNoteisunsecured. TheNotewillbeconvertible,attheInvestor’ssoleelection,atthelowerof(i)$1.43832,asmaybeadjustedfromtimetotimepursuanttothetermssetforthintheNoteor(ii)apriceequalto85%ofthelowestdailyVWAP(asdefinedherein)intheten(10)TradingDay(asdefinedherein)periodimmediatelyprecedingtheapplicablemeasurementdate,ineachcaseless$0.05(the“ConversionPrice”).SolongasnoEventofDefault(asdefinedherein)hasoccurred,wewillhavetheright,exercisableonnotlessthanten(10)TradingDays’priorwrittennoticetotheInvestor,toprepaytheoutstandingbalanceoftheNote,inpartorinfull,inaccordancewiththetermsoftheNote. OurordinarysharesarerepresentedbyADSslistedonTheNewYorkStockExchange,orNYSE,underthesymbol“KUKE”.OnJune28,2024,thelastreportedsalepriceofourADSsonNYSEwas$1.34pershare.Duringtheprior12calendarmonthperiodthatendsonandincludesthedateofthisprospectussupplement,weissuedandsoldatotalof$4.5millionofsecuritiespursuanttoGeneralInstructionI.B.5.ofFormF-3andwemaysellupto$21millionofourordinaryshareshereunder. Investinginoursecuritiesinvolvesrisks.Seethe“RiskFactors”sectioncontainedinthisprospectus,theapplicableprospectussupplementandthedocumentsweincorporatebyreferenceinthisprospectustoreadaboutfactorsyoushouldconsiderbeforeinvestinginthesesecurities.Inaddition,see“RiskFactors”inourAnnualReportonForm20-FfortheyearendedDecember31,2023,whichhasbeenfiledwiththeSecuritiesandExchangeCommissionandisincorporatedbyreferenceintothisprospectussupplementandtheaccompanyingprospectus.Youshouldcarefullyconsidertheseriskfactors,aswellastheinformationcontainedinthisprospectussupplementandtheaccompanyingprospectus,beforeyouinvest. WeexpecttodelivertheNoteandtheADSsagainstpaymentonoraboutJuly5,2024. NeithertheSecuritiesandExchangeCommission,ortheSEC,noranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesordeterminedifthisprospectussupplementortheaccompanyingbaseprospectusistruthfulorcomplete.Anyrepresentationtothecontraryisacriminaloffense. ThedateofthisprospectussupplementisJuly5,2024. TABLEOFCONTENTS ProspectusSupplement Page AboutthisProspectusSupplementS-ii StatementRegardingForward-LookingInformationS-iii ProspectusSupplementSummaryS-1 TheOfferingS-3 RiskFactorsS-4 UseofProceedsS-7 DescriptionofSecuritiesS-8 PlanofDistributionS-11 LegalMattersS-12 ExpertsS-12 WhereYouCanFindMoreInformationS-12 IncorporationofCertainInformationByReferenceS-13 Prospectus ABOUTTHISPROSPECTUSii PROSPECTUSSUMMARY1 RISKFACTORS22 INCORPORATIONOFDOCUMENTSBYREFERENCE20 SPECIALNOTEREGARDINGFORWARD-LOOKINGSTATEMENTS21 DESCRIPTIONOFTHESECURITIES35 USEOFPROCEEDS34 DESCRIPTIONOFAMERICANDEPOSITARYSHARES48 DESCRIPTIONOFSHARECAPITAL36 DESCRIPTIONOFDEBTSECURITIES57 DESCRIPTIONOFPREFERREDSHARES56 DESCRIPTIONOFUNITS61 DESCRIPTIONOFWARRANTS59 TAXATION65 PLANOFDISTRIBUTION62 LEGALMATTERS67 ENFORCEABILITYOFCIVILLIABILITIES66 EXPERTS68 WHEREYOUCANFINDMOREINFORMATIONABOUTUS69 S-i ABOUTTHISPROSPECTUSSUPPLEMENT Thisprospectussupplementandtheaccompanyingprospectus,datedMarch6,2023,arepartofaregistrationstatementonFormF-3(FileNo.333-267655)thatwefiledwiththeSecuritiesandExchangeCommission,ortheSEC,utilizinga“shelf”registrationprocess.Underthisshelfregistrationprocess,wemayofferandsellfromtimetotimeinoneormoreofferingsthesecuritiesdescribedintheaccompanyingprospectus. WeprovideinformationtoyouaboutthisofferingofourADSsintwoseparatedocumentsthatareboundtogether: (1)thisprospectussupplement,whichdescribesthespecificdetailsregardingthisoffering;and(2)theaccompanyingbaseprospectus,whichprovidesgeneralinformation,someofwhichmaynotapplytothisoffering.Generally,whenwerefertothis“prospectus,”wearereferringtobothdocumentscombined.Ifinformationinthisprospectussupplementisincon