Boqii Holding Ltd reported on February 5, 2024, that in December 2023, it sold 2,100,000 American depository shares for $664,608, following a previous sale of 900,000 shares in September 2023 for $2,304,000. Both sales were part of a securities purchase agreement with VG Master Fund SPC, as detailed in their filing from December 20, 2023.