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TH International Ltd
TH International Limited announced the closing of the third tranche of senior secured convertible notes due 2029 on October 16, 2026, with an aggregate principal amount of US$14,374,349. The total purchase price, including accrued interest, was US$15 million, and the notes were consolidated with existing series. Additionally, Mr. Stanford Ming Lin was appointed as a director of the company effective October 19, 2026, replacing Mr. Thiago Santelmo.…more
TH International Ltd
TH International Limited completed the issuance of the second tranche of senior secured convertible notes due 2029 to Tim Hortons Restaurants International GmbH on September 10, 2026, for an aggregate principal amount of $14,539,026. The company raised a total of $15 million in proceeds and expects to issue two additional tranches of notes, with the final tranche anticipated in the first quarter of 2027.…more
TH International Ltd
TH International Limited reported second quarter 2026 total revenues of RMB 273.4 million, a 21.7% decrease year-over-year, and a net loss of RMB 97.4 million. The company experienced a 17.8% decline in system-wide same-store sales and an operating loss of RMB 58.1 million, leading to a strategic shift focused on closing underperforming stores.…more
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TH International Reports Q2 Revenue and EPS Decline
TH International's Q2 revenue fell 17.29% year-over-year to $40.291 million. The company also reported an increase in losses per share, reflecting a decline in both top-line growth and profitability.…more
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Tims China saw a 21.7% year-over-year revenue decline in the second quarter, driven by store closures and lower same-store sales. The company reported a wider net loss and is currently relying on convertible note financing to support its operations.…more
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팀스 차이나가 2026년 2분기 재무 실적을 8월 18일 미국 시장 개장 전에 발표할 예정입니다. 실적 발표 직후 컨퍼런스 콜을 통해 경영 성과와 향후 사업 방향을 공유할 계획입니다.…more
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