Zhihu Inc. Maintains Capital; Reduces Shares

Zhihu (ZH) has released an update.

Zhihu Inc. reported no changes in its authorized or registered share capital, maintaining a balance of USD 200,000 at the end of June 2024. The company experienced a reduction in issued shares, with a net decrease of 4,474,344 Class A shares and 280,377 Class B shares, following share repurchases and conversions. Notably, under its share incentive plans, Zhihu cancelled several share options and restricted shares, while no new funds were raised from the exercise of options during the month.

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