Summary by Moomoo AI
On June 26, 2024, an amendment was filed with the United States Securities and Exchange Commission (SEC) by Masaya Otsuka, indicating a change in ownership status regarding MicroAlgo Inc. The Schedule 13G/A amendment, which is a regulatory filing used to report a party's ownership of stock that exceeds 5% of a company's total stock, shows that Otsuka now reports owning 0% of MicroAlgo's ordinary shares. The filing, made under Rule 13d-1(b), signifies that Otsuka no longer holds a beneficial ownership exceeding the 5% threshold in the company. MicroAlgo Inc., with its principal executive offices located in Shenzhen, China, is the issuer of the securities in question. The filing was completed two days after the event date, on June 28, 2024, by Otsuka, who is a resident of Japan. This amendment indicates that there has been a change in the ownership structure of MicroAlgo Inc., but it does not suggest any intent to change the control of the company.
