Highest Performances Holdings Inc. announced that it expects to receive $500 million in funding from Global Emerging Markets

Highest Performances Holdings Inc. entered into share purchase agreement with GEM Global Yield LLC SCS to issue American depositary shares for proceeds of $500,000,000 on April 16, 2024. The company will pay Wilson-Davis & Company, selling agent a fee of 0.2 % of the Aggregate Limit. The company may increase the proceeds to $1,000,000,000.

The company has agreed to pay a commitment fee to GEM equal to 1.8% of the Aggregate Limit, in either cash, from the proceeds of the drawdowns, or in ordinary shares.