美國

美國證券交易委員會

華盛頓特區，20549

表格6-K

國外私人發行商報告

根據規則第13a-16或15d-16

根據1934年的《證券交易法》

2023年3月

委員會檔案編號：001—41516

TH國際有限公司

中央廣場2501號

黃陂北路227號

中華人民共和國上海， 200003

+86-021-6136-6616

(主要執行辦公室地址)

勾選註冊人是否提交或將提交年度報告，以表格20—F或表格40—F為封面。表格20—F x 表格40—F

如果註冊人 按照法規S—T規則101（b）（1）的允許，以紙質形式提交表格6—K，請用複選標記進行檢查：

如果註冊人 按照法規S—T規則101（b）（7）的允許提交紙質表格6—K，則用複選標記進行標記：

説明性 註釋

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，本公司發佈新聞稿 宣佈交易完成。有關交易的新聞稿副本見附件99—1。

展品索引

簽名

根據1934年《證券交易法》的要求，註冊人已正式授權下列簽署人代表其簽署本報告。