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    SEC Form 6-K filed by Planet Image International Limited

    8/4/25 4:05:30 PM ET
    $YIBO
    Industrial Machinery/Components
    Industrials
    Get the next $YIBO alert in real time by email
    6-K 1 ea0251585-6k_planet.htm REPORT OF FOREIGN PRIVATE ISSUER

     

     

    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 August 2025

     

    Commission File Number: 001-41928

     

    Planet Image International Limited

     

    No. 756 Guangfu Road

    Hi-tech Development Zone

    Xinyu City, Jiangxi Province

    People’s Republic of China

    +86 0790-7138216

    (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 ☒        Form 40-F ☐

     

     

     

     

     

    Amended and Restated Letter of Guarantee

     

    As previously disclosed in the current report on Form 6-K filed by Planet Image International Limited, a Cayman Islands exempted company (the “Company”), with the U.S. Securities and Exchange Commission (the “SEC”), in connection with the proposed entry into loan agreements with Industrial and Commercial Bank of China (the “Bank”) by Jiangxi Yibo E-Tech Co., Ltd. (“Jiangxi Yibo”), an indirect wholly-owned subsidiary of the Company, for an aggregate amount of RMB100 million (approximately US$13.95 million), the Company executed a letter of guarantee in favor of the Bank, providing a joint liability guarantee for the obligations of Jiangxi Yibo under each loan until such time as Jiangxi Yibo pays off 100% of the principal and interests under each loan (the “Letter of Guarantee”).

     

    On August 1, 2025, the Company executed an amended and restated a letter of guarantee (the “Amended and Restated Letter of Guarantee”), extending the term of the guarantee to December 31, 2028, and reducing the aggregate guaranteed borrowing amount to RMB60 million (approximately US$8.39 million).

     

    The foregoing description of the Amended and Restated Letter of Guarantee is qualified in its entirety by reference to the full text of the Amended and Restated Letter of Guarantee, copies of which is filed as Exhibit 1.1 to this Current Report on Form 6-K and incorporated herein by reference.

     

    This current report on Form 6-K is being incorporated by reference into the registration statement on Form F-3 of the Company (File No. 333-287740), declared effective by the SEC on July 3, 2025.

     

    Exhibit Index

     

    Exhibit
    Number
      Exhibit
    1.1   English Translation of Amended and Restated Letter of Guarantee by Planet Image International Limited to Industrial and Commercial Bank of China, dated August 1, 2025

     

    1

     

     

    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.

     

      Planet Image International Limited
         
    Date: August 4, 2025 By: /s/ Shaofang Weng
      Name:  Shaofang Weng
      Title: Chief Executive Officer

     

    2

     

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