Business Context and Reporting Period
Company: Mobile-Health Network Solutions
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: Month of May 2026 (Filed May 13, 2026)
Principal Office: Singapore
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate development event rather than financial performance results.
Material Changes and Corporate Developments
On May 12, 2026, the Company entered into a non-binding Letter of Memorandum with White Group Pte. Ltd. regarding a proposed strategic collaboration. Key terms include:
- Proposed Investment: White Group will facilitate a U.S.-based private equity fund to invest up to US$100 million in the Company.
- Purpose: To fund the kick-off and sustained scaling of the Company's healthcare technology initiatives.
- Timeline: White Group is to present a selected private equity fund candidate for board review within 60 days.
- Facilitation Fee: Payable upon each drawdown of funds, structured as either:
- 5% of the drawn amount in shares; or
- A combination of 2.5% in shares and 2.5% in cash.
- Valuation: Shares issued as fees will be valued at the prevailing market price on the drawdown date.
Guidance, Outlook, and Risks
Status of Transaction: The Memorandum reflects preliminary terms only and is generally non-binding. There is no assurance that definitive agreements will be executed or that the transaction will be completed on the described terms, or at all.
Forward-Looking Statements: The filing contains statements regarding the ability to execute on the plans contemplated in the Memorandum. These are based on current assumptions and involve substantial risks and uncertainties. The Company assumes no obligation to update these statements.
Investor Verification Checklist
- Confirm whether a definitive agreement is signed within the 60-day review window.
- Verify the identity and financial capacity of the specific U.S. private equity fund selected by White Group.
- Monitor the Company's capital structure for potential dilution resulting from the 5% facilitation fee payable in shares.
- Review the press release (Exhibit 99.1) for additional details on the strategic collaboration scope.