share_log

INNO Holdings | SC 13D: Statement of acquisition of beneficial ownership by individuals-Next Level Market Fund Inc.(7.00%),Lujiao Xianyu(7.00%), etc.

SEC ·  Sep 12 09:31

Summary by Futu AI

Next Level Market Fund Inc., along with its executives Lujiao Xianyu, Fuxia Sun, and Lan Li, have filed a Schedule 13D with the SEC, disclosing the acquisition of a 7.00% stake in INNO Holdings Inc., which amounts to 1,452,620 shares of common stock. The shares were acquired as a charitable donation from Dekui Liu, the former CEO of INNO Holdings, on May 31, 2024. The Reporting Persons have shared voting and dispositive power over these shares. The transaction is part of a broader investment strategy, with the Reporting Persons indicating potential future actions that may influence the company's business and affairs. Additionally, Next Level has entered into a Securities Purchase Agreement to sell 145,262 shares of INNO Holdings to various investors, subject to certain closing conditions. The Reporting Persons have not engaged in any other transactions in the securities of INNO Holdings in the past 60 days.
Next Level Market Fund Inc., along with its executives Lujiao Xianyu, Fuxia Sun, and Lan Li, have filed a Schedule 13D with the SEC, disclosing the acquisition of a 7.00% stake in INNO Holdings Inc., which amounts to 1,452,620 shares of common stock. The shares were acquired as a charitable donation from Dekui Liu, the former CEO of INNO Holdings, on May 31, 2024. The Reporting Persons have shared voting and dispositive power over these shares. The transaction is part of a broader investment strategy, with the Reporting Persons indicating potential future actions that may influence the company's business and affairs. Additionally, Next Level has entered into a Securities Purchase Agreement to sell 145,262 shares of INNO Holdings to various investors, subject to certain closing conditions. The Reporting Persons have not engaged in any other transactions in the securities of INNO Holdings in the past 60 days.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.