share_log

NaaS Technology | SCHEDULE 13D/A: Others

SEC ·  Dec 21, 2024 06:35

Summary by Futu AI

On December 18, 2024, Newlinks Technology Limited and its subsidiary Newlinks Envision Limited updated their beneficial ownership in NaaS Technology Inc. Newlinks Technology now owns 51.8% of NaaS's outstanding shares, representing 77.5% of total voting power. Newlinks Envision directly holds 42.7% of shares, accounting for 63.9% of voting rights.The ownership includes various classes of shares with different voting rights. Class B and C shares are convertible to Class A shares. The calculation is based on 2,756,691,043 total outstanding shares as of December 19, 2024, excluding certain reserved and potentially issuable shares.Additionally, Newlinks Envision entered a Tranche #2 Loan Agreement on December 18, 2024, transferring 200,000 ADSs (40,000,000 Class A shares) as collateral to the lender, with voting rights transferred but not to be exercised by the lender.
On December 18, 2024, Newlinks Technology Limited and its subsidiary Newlinks Envision Limited updated their beneficial ownership in NaaS Technology Inc. Newlinks Technology now owns 51.8% of NaaS's outstanding shares, representing 77.5% of total voting power. Newlinks Envision directly holds 42.7% of shares, accounting for 63.9% of voting rights.The ownership includes various classes of shares with different voting rights. Class B and C shares are convertible to Class A shares. The calculation is based on 2,756,691,043 total outstanding shares as of December 19, 2024, excluding certain reserved and potentially issuable shares.Additionally, Newlinks Envision entered a Tranche #2 Loan Agreement on December 18, 2024, transferring 200,000 ADSs (40,000,000 Class A shares) as collateral to the lender, with voting rights transferred but not to be exercised by the lender.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


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.