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# KAIXIN Doubles Share Payout for Taohaoche Deal After 70% Stock Slide
- URL: https://redfiled.com/kaixin-doubles-share-payout-for-taohaoche-deal-after-70-stock-slide/
- Published: 2026-09-04T14:52:47.000Z
- Updated: 2026-09-04T15:34:44.000Z
- Description: Kaixin will issue 10 million extra Class A shares to the seller of Hongkong Taohaoche after its stock fell from above $5.00 to under $1.50.
- Author: William Hayes
- Tags: KXIN, M&A

**Kaixin Holdings (KXIN)** told the SEC in a Form 6-K filed on **September 4, 2026** that its board has approved the issuance of an **additional 10,000,000 Class A ordinary shares** to the seller of Hongkong Taohaoche Limited, doubling the equity consideration for a deal signed just over a week earlier. The reason given is blunt: the company's share price has collapsed since the agreement was signed, gutting the value of the original payment.

The underlying transaction dates from **August 26, 2026**, when Kaixin, its wholly owned subsidiary **Jet Sound Hong Kong Company Limited**, seller **Hsiao-Ching Chiu** and **AUTOA2A. LTD.** entered into a securities purchase agreement. Under that deal the purchaser acquired the **entire equity interest** in Hongkong Taohaoche, which became an indirect wholly owned subsidiary of Kaixin.

The original consideration was **10,000,000 newly issued Class A ordinary shares**, held in escrow and released only against performance targets set out in the purchase agreement. The company disclosed the arrangement in a 6-K filed on August 27, 2026.

In the new filing Kaixin states that since the execution date the stock has fallen **from over $5.00 per share to under $1.50 per share**, and that the consideration shares have *lost more than 70% of their market value*. The board approved the top-up on **September 3, 2026**.

The additional shares carry the same structure as the first tranche: they sit in escrow and are released subject to the **six-year performance targets** in the purchase agreement. That means the seller does not receive them outright, but the potential dilution to existing holders doubles if the targets are met.

The 6-K is incorporated by reference into Kaixin's registration statements on **Form F-3 (File No. 333-291748)** and **Form S-8 (File No. 333-296850)**. The filing was signed by chief financial officer **Yi Yang**.

For shareholders the material point is that a sharp decline in the share price has directly increased the number of shares the company must issue for the same asset, rather than reducing the cost of the acquisition.

[KXIN stock price](https://www.tradingview.com/?ref=redfiled.com) by TradingView

This is a factual summary of a public filing or press release, not investment advice. Verify all figures against the source before acting on them.