美国

美国证券交易委员会

华盛顿特区，20549

表格6-K

国外私人发行商报告

根据规则第13a-16或15d-16

根据1934年的《证券交易法》

2023年3月

委员会档案编号：001—41516

TH国际有限公司

中央广场2501号

黄陂北路227号

中华人民共和国上海， 200003

+86-021-6136-6616

(主要执行办公室地址)

勾选注册人是否提交或将提交年度报告，以表格20—F或表格40—F为封面。表格20—F x 表格40—F

如果注册人 按照法规S—T规则101（b）（1）的允许，以纸质形式提交表格6—K，请用复选标记进行检查：

如果注册人 按照法规S—T规则101（b）（7）的允许提交纸质表格6—K，则用复选标记进行标记：

说明性 注释

On March 30, 2023, TH International Limited (the “Company”) entered into a share purchase agreement (the “Share Purchase Agreement”) with Pangaea Three Acquisition Holdings IV, Limited, a Cayman Islands exempted company, PLKC International Limited, a Cayman Islands exempted company (“Popeyes China”), and PLK APAC Pte. Ltd., a company organized and existing under the laws of Singapore. The transaction values Popeyes China at an up-front equity value of $35.1 million. Up-front transaction consideration comprises newly-issued ordinary shares of the Company, priced at 85% of the trailing 40-trading-day VWAP (as defined in the Share Purchase Agreement) from the date of announcement of the transaction (February 8, 2023), resulting in the issuance of 12.1 million ordinary shares of the Company, of which 5% will be reserved for an employee stock option plan. In addition to the up-front transaction consideration, shareholders of Popeyes China will receive deferred contingent consideration (“DCC”) equal to 3% of the revenue of the Popeyes China business going forward, with a buy-out right exercisable at any time by the Company for $35 million. The DCC (including the buy-out payment, if any) will be paid in newly issued ordinary shares of the Company, priced at 85% of the trailing 40-trading-day VWAP from the end of the trailing fiscal year, or in case of a buy-out, from the date of the buy-out election by the Company. A copy of the Share Purchase Agreement is attached hereto as exhibit 10.1. The foregoing summary of the Share Purchase Agreement is subject to, and qualified in its entirety by reference to, such exhibit. The transaction was approved by the independent directors of the Company’s audit committee and a fairness opinion was obtained from Kroll, LLC, independent financial advisor to the audit committee, that the consideration paid by the Company in the transaction is fair from a financial point of view to the Company.

2023年3月30日，本公司发布新闻稿 宣布交易完成。有关交易的新闻稿副本见附件99—1。

展品索引

签名

根据1934年《证券交易法》的要求，注册人已正式授权下列签署人代表其签署本报告。