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    SEC Form 6-K filed by Baosheng Media Group Holdings Limited

    7/2/25 4:10:27 PM ET
    $BAOS
    Real Estate
    Real Estate
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    6-K 1 tm2519482d1_6k.htm FORM 6-K

     

     

     

     

    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

    UNDER THE SECURITIES EXCHANGE ACT OF 1934

     

    For the month of July 2025

     

    Commission File Number 001-39977

     

    Baosheng Media Group Holdings Limited

     

    East Floor 5

    Building No. 8, Xishanhui

    Shijingshan District, Beijing 100041

    People’s Republic of China

    +86-010-82088021

    (Address of principal executive office)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

     

    Form 20-F x Form 40-F ¨

     

     

     

     

     

     

     

    Material Legal Proceeding

     

    On June 3, 2025, a director of Baosheng Media Group Holdings Limited (the “Company”) was served with a complaint filed by three institutional investors (the “Plaintiffs”) in the Beijing Fourth Intermediate People’s Court. The Plaintiffs allege that five defendants, including the director, engaged in corporate mismanagement that caused a significant decline in the value of the Company’s stock held by the Plaintiffs, resulting in substantial investment losses. The Plaintiffs are seeking damages of RMB 47,249,848 (approximately US$6.59 million). The five defendants have retained legal counsel to file their defense.

     

     

     

     

    SIGNATURES

     

    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.

     

    Baosheng Media Group Holdings Limited  
         
    By: /s/ Lina Jiang  
    Name: Lina Jiang  
    Title: Chairwoman of the Board and Chief Executive Officer  
         
    Date: July 2, 2025  

     

     

     

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