NEWS 13D
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING
PERSON WITH:
7.SOLE VOTING POWER
OWNED BY EACH REPORTING
PERSON WITH:
7.SOLE VOTING POWER
4,074,58718.
SHARED VOTING POWER 09
SOLE DISPOSITIVE POWER
4,074,587110
SHARED DISPOSITIVE POWER0
11.Aggregate Amount Beneficially Owned by Such Reporting Person
4,074,5871
12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13.Percent of Class Represented by Amount in Row (11)
67.2%1
14.Type of Reporting Person (See Instructions)
CO
11.Aggregate Amount Beneficially Owned by Such Reporting Person
4,074,5871
12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13.Percent of Class Represented by Amount in Row (11)
67.2%1
14.Type of Reporting Person (See Instructions)
CO
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Leedonna 74727725 : Please explain on layman’s term lol
Jaguar8 OP Leedonna 74727725 : It’s 13D so it’s a beneficial ownership report. This company holds 67% control
foongxviii : Teacher Jag, the company owns 67% of the shares. This means they believe the stock price will rise, so they are holding onto so many shares. Can it be explained this way?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Jaguar8 OP foongxviii : Possible confidence in the company which may have led to increasing its stake.
foongxviii : I see, I’ve learned something new. Thank you, Teacher Jag.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")