Maase Inc. filed a Form 6-K containing the audited combined financial statements of Carve Group Ltd for the years ended June 30, 2024 and 2025, and unaudited pro forma condensed combined financial information reflecting the acquisition of Carve Group by Maase Inc., which was completed on August 27, 2025. The filing provides investors with the financial results and position of the acquired entity and the pro forma combined entity post-acquisition.
Key takeaways
Maase Inc. completed the acquisition of 100% of Carve Group Ltd on August 27, 2025.
The consideration for the acquisition was 195,894,609 Class A ordinary shares of Maase Inc. at a purchase price of US$1.5 per share.
Carve Group Ltd reported a net loss of RMB 1,775 thousand for the year ended June 30, 2025.
The auditor's report for Carve Group Ltd includes a material uncertainty related to going concern, citing a net loss and a working capital deficit as of June 30, 2025.
The unaudited pro forma combined statement of operations for the year ended June 30, 2025 shows pro forma net revenues of RMB 784,699 thousand and a net loss attributable to ordinary shareholders of Maase Inc. of RMB 199,879 thousand.