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Futu Holdings Ltd | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)

SEC announcement ·  Feb 3 05:03
Summary by Futu AI
Futu Holdings Limited, a company listed on the Nasdaq Global Market under the ticker FUTU, filed an amendment to its Schedule 13G/A with the United States Securities and Exchange Commission on December 31, 2023. The filing, which is an update to the company's ownership structure, reveals significant shareholdings by several entities. Huang River Investment Limited, registered in the British Virgin Islands, reported sole voting and dispositive power over 169,643,000 shares, representing 19.9% of the class on an as-converted basis. Image Frame Investment (HK) Limited, based in Hong Kong, holds sole voting and dispositive power over 71,024,142 Class A Ordinary Shares, accounting for 9.6% of the class. Tencent Holdings Limited, a major shareholder with citizenship in the Cayman Islands, reported sole voting and dispositive power...Show More
Futu Holdings Limited, a company listed on the Nasdaq Global Market under the ticker FUTU, filed an amendment to its Schedule 13G/A with the United States Securities and Exchange Commission on December 31, 2023. The filing, which is an update to the company's ownership structure, reveals significant shareholdings by several entities. Huang River Investment Limited, registered in the British Virgin Islands, reported sole voting and dispositive power over 169,643,000 shares, representing 19.9% of the class on an as-converted basis. Image Frame Investment (HK) Limited, based in Hong Kong, holds sole voting and dispositive power over 71,024,142 Class A Ordinary Shares, accounting for 9.6% of the class. Tencent Holdings Limited, a major shareholder with citizenship in the Cayman Islands, reported sole voting and dispositive power over 247,418,662 shares, which translates to a 29.0% stake in the company on an as-converted basis. The filing also noted that Qiantang River Investment Limited no longer owns any shares and has ceased to be a beneficial owner of more than five percent of the class of securities. The filing was signed by Ma Huateng, Director of the reporting entities, and includes a joint filing agreement among the reporting entities.

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