Fang Holdings (SFUNY) to distribute special cash from New York derivative settlement

Rhea-AI Filing Summary

Fang Holdings Limited reports that a shareholder derivative case in New York has reached a final court-approved settlement. The New York State Supreme Court, Commercial Division entered a Final Order and Judgment on February 9, 2026, which became final on March 12, 2026, approving a previously disclosed Stipulation of Settlement.

Under this Stipulation, a special cash distribution will be paid from a settlement account funded by certain Fang executives and their affiliates. The distribution is payable to all holders of Fang’s ordinary shares, including ADS holders, who were on record as of the close of business on April 20, 2026 Eastern Time. The settlement fund administrator has scheduled the special cash distribution for June 16, 2026 Eastern Time.

Insights

Cross-border securities litigation analyst

Fang’s New York derivative case ends with a court-approved settlement and a scheduled special cash distribution to eligible shareholders.

The filing confirms that a derivative action brought by Oasis Investments II Master Fund Ltd. against Fang Holdings Limited and certain executives has reached a final resolution. The New York State court entered a Final Order and Judgment on February 9, 2026, which became final on March 12, 2026, formally approving the Stipulation of Settlement.

The settlement provides a special cash distribution funded by the defendants, not from Fang’s operating cash. This payment will go to holders of Fang ordinary shares and ADSs of record on April 20, 2026. The administrator has scheduled the payout for June 16, 2026, giving a clear timeline for when eligible investors can expect settlement proceeds.

Key Terms

Stipulation of Settlement, Final Order and Judgment, special cash distribution, Record Date

4 terms

Stipulation of Settlement regulatory

"had reached a Stipulation of Settlement with respect to a derivative case in New York"

A stipulation of settlement is a formal written agreement in a lawsuit where the parties set out the terms to resolve the dispute, often specifying payments, actions to be taken, and steps to dismiss the case with the court. For investors it matters because this signed pact removes legal uncertainty, fixes potential cash or operational obligations, and can change a company’s risk profile—like neighbors agreeing who will repair a shared fence so both can move on.

Final Order and Judgment regulatory

"The New York State Supreme Court, Commercial Division entered the Final Order and Judgment on February 9, 2026"

special cash distribution financial

"a special cash distribution will be paid from a settlement account funded by the Defendants"

A special cash distribution is a one-time payment made to shareholders, separate from regular dividend payments, often representing a share of profits or assets. It acts like a bonus or extra reward, giving investors immediate cash instead of reinvesting in the company. This can be important to investors because it provides quick income and may signal changes in the company's financial situation.

Record Date financial

"of record as of the close of business on April 20, 2026 Eastern Time (the“Record Date”)"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

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FAQ

What does Fang Holdings Limited (SFUNY) disclose in this June 2026 Form 6-K?

Fang Holdings Limited reports final court approval of a derivative case settlement in New York. The settlement provides a special cash distribution to eligible ordinary share and ADS holders, funded by defendants, with a specific record date and payment date disclosed.

Who is eligible for Fang Holdings (SFUNY) special cash distribution from the settlement?

The special cash distribution is payable to all holders of Fang’s ordinary shares, including American Depositary Shares, who were on record as of the close of business on April 20, 2026 Eastern Time, unless otherwise provided in the Stipulation of Settlement.

When will Fang Holdings (SFUNY) pay the special cash distribution from the settlement?

The settlement fund administrator notified Fang that the special cash distribution is scheduled for June 16, 2026 Eastern Time. This date applies to shareholders and ADS holders who met the April 20, 2026 Eastern Time record date conditions described in the Stipulation.

What legal milestone allowed Fang Holdings (SFUNY) to proceed with the settlement distribution?

The New York State Supreme Court, Commercial Division entered the Final Order and Judgment on February 9, 2026. That order, approving the Stipulation of Settlement, became final on March 12, 2026, allowing the settlement’s special cash distribution to move forward.

Who funded the settlement account for Fang Holdings (SFUNY) derivative case?

The settlement account that will fund the special cash distribution is funded by Fang’s executives and their affiliates, identified as defendants in the derivative case. The payment is made pursuant to the Stipulation of Settlement approved by the New York State Supreme Court, Commercial Division.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of June 9, 2026

Commission File Number: 001-34862

FANG HOLDINGS LIMITED

(Exact name of registrant as specified in its charter)

Tower A, No. 20 Guogongzhuang Middle Street

Fengtai District, Beijing 100070

The People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Other Information

As previously filed, on October 25, 2025, Oasis Investments II Master Fund Ltd.(“Plaintiff”),Fang Holdings Limited (“Fang”),and some Fang's executives and their affiliates(“Defendants”) had reached a Stipulation of Settlement with respect to a derivative case in New York (“Stipulation”).The New York State Supreme Court, Commercial Division entered the Final Order and Judgment on February 9, 2026 (“Final Order”), which approves the Stipulation. The Final Order became final as of March 12, 2026.

Pursuant to the Stipulation,a special cash distribution will be paid from a settlement account funded by the Defendants. The special cash distribution is payable to all holders of Fang’s ordinary shares (including those in the form of Fang American Depositary Shares (“ADSs”) of record as of the close of business on April 20, 2026 Eastern Time (the“Record Date”), unless otherwise provided in the Stipulation.The settlement fund administrator has notified Fang that the special cash distribution is scheduled for June 16, 2026 Eastern Time.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		FANG HOLDINGS LIMITED
Date: June 9, 2026	By:	/s/ Vincent Tianquan Mo
	Name:	Vincent Tianquan Mo
	Title:	Executive Chairman