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Zhihu | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)

SEC announcement ·  Feb 21 05:13
Summary by Futu AI
On February 16, 2024, an amendment to Schedule 13D was filed with the SEC by AI Knowledge LLC, Access Industries Management, LLC, and Len Blavatnik, collectively referred to as the Reporting Persons, in relation to their holdings in Zhihu Inc. The amendment reports that the Reporting Persons collectively own 17,865,410 Class A ordinary shares of Zhihu Inc., which represents 6.33% of the class, based on the number of shares outstanding as of February 2, 2024. The filing also notes the appointment of Han Wang as the Chief Financial Officer of Zhihu Inc. on February 16, 2024. Wang has previous affiliations with an entity related to Access Industries Management, LLC. The Reporting Persons have engaged in discussions with Zhihu Inc.'s management regarding various business initiatives and strategies. The amendment includes details of transactions made by AI Knowledge LLC, which purchased additional ADSs representing Class A ordinary shares in July 2022. The filing was certified as true and correct by Alejandro Moreno, Executive Vice President of Access Industries Management, LLC, on behalf of AI Knowledge LLC and Len Blavatnik.
On February 16, 2024, an amendment to Schedule 13D was filed with the SEC by AI Knowledge LLC, Access Industries Management, LLC, and Len Blavatnik, collectively referred to as the Reporting Persons, in relation to their holdings in Zhihu Inc. The amendment reports that the Reporting Persons collectively own 17,865,410 Class A ordinary shares of Zhihu Inc., which represents 6.33% of the class, based on the number of shares outstanding as of February 2, 2024. The filing also notes the appointment of Han Wang as the Chief Financial Officer of Zhihu Inc. on February 16, 2024. Wang has previous affiliations with an entity related to Access Industries Management, LLC. The Reporting Persons have engaged in discussions with Zhihu Inc.'s management regarding various business initiatives and strategies. The amendment includes details of transactions made by AI Knowledge LLC, which purchased additional ADSs representing Class A ordinary shares in July 2022. The filing was certified as true and correct by Alejandro Moreno, Executive Vice President of Access Industries Management, LLC, on behalf of AI Knowledge LLC and Len Blavatnik.
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