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Zhihu | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Kai-Fu Lee (“Dr. Lee”)(5.8%),Innovation Works Development Fund, L.P. (“Innovation I”)(4.4%), etc.

SEC announcement ·  Jan 22 13:00
Summary by Futu AI
In a recent filing with the Securities and Exchange Commission (SEC), several entities and individuals, collectively known as the Reporting Persons, have amended their ownership statements regarding Zhihu Inc. The amendment, dated December 31, 2023, was filed on January 19, 2024, and includes Innovation Works Development Fund, L.P., Innovation Works Development Fund GP, L.P., Innovation Works Development Fund GP, LLC, Innovation Works Holdings Limited, Peter Liu, and Kai-Fu Lee. The Reporting Persons now collectively own 16,702,461 Class A ordinary shares of Zhihu Inc., representing 5.8% of the class. The shares are primarily held by Innovation Works Development Fund, L.P., with significant influence attributed to its general partners and members, including Peter Liu and Kai-Fu Lee. The filing indicates a shared voting and dispositive power over the shares among the Reporting Persons. The ownership percentage is based on the total number of Class A ordinary shares reported by Zhihu Inc. to be outstanding as of December 31, 2023.
In a recent filing with the Securities and Exchange Commission (SEC), several entities and individuals, collectively known as the Reporting Persons, have amended their ownership statements regarding Zhihu Inc. The amendment, dated December 31, 2023, was filed on January 19, 2024, and includes Innovation Works Development Fund, L.P., Innovation Works Development Fund GP, L.P., Innovation Works Development Fund GP, LLC, Innovation Works Holdings Limited, Peter Liu, and Kai-Fu Lee. The Reporting Persons now collectively own 16,702,461 Class A ordinary shares of Zhihu Inc., representing 5.8% of the class. The shares are primarily held by Innovation Works Development Fund, L.P., with significant influence attributed to its general partners and members, including Peter Liu and Kai-Fu Lee. The filing indicates a shared voting and dispositive power over the shares among the Reporting Persons. The ownership percentage is based on the total number of Class A ordinary shares reported by Zhihu Inc. to be outstanding as of December 31, 2023.
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