Advanced Biomed (ADVB) investor gives up entire stake to clear $480K debt
Rhea-AI Filing Summary
Advanced Biomed Inc. (ADVB) is the subject of an amended Schedule 13G/A filed by shareholder Pau Hung To. The reporting person now reports 0 shares of Advanced Biomed common stock beneficially owned, representing 0% of the class. This change reflects transfers of 100,000 shares to Lu Yi and 76,225 shares to Zhao Jie on July 27, 2026, in each case in satisfaction of indebtedness of the reporting person with an aggregate principal amount of $480,000. Following these transfers, the filer reports no voting or dispositive power over any Advanced Biomed shares.
Positive
- None.
Negative
- None.
Key Figures
Shares transferred to Lu Yi: 100,000 shares
Shares transferred to Zhao Jie: 76,225 shares
Indebtedness satisfied: $480,000
+2 more
5 metrics
Shares transferred to Lu Yi
100,000 shares
Common stock transferred on July 27, 2026
Shares transferred to Zhao Jie
76,225 shares
Common stock transferred on July 27, 2026
Indebtedness satisfied
$480,000
Aggregate principal amount of indebtedness satisfied by the share transfers
Beneficial ownership
0 shares
Amount beneficially owned after transfers
Percent of class
0%
Percent of Advanced Biomed common stock class beneficially owned
Key Terms
beneficially owned, dispositive power, percent of class
3 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 0"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
percent of class financial
"Item 4. | Ownership (b) | Percent of class: 0%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Advanced Biomed Inc. (ADVB) does Pau Hung To currently beneficially own?
The reporting person discloses beneficial ownership of 0% of Advanced Biomed Inc. common stock. All previously held shares were transferred, and the filer reports no voting or dispositive power over any ADVB shares.
What class of securities of ADVB is covered in this Schedule 13G/A filing?
The filing covers Advanced Biomed Inc. Common Stock with a par value of $0.001 per share. The CUSIP number for this class of securities is 00752P203, as identified in the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.