Amber International director discloses initial holdings
Amber International Holding Ltd director Huo Junwei filed an initial statement of beneficial ownership.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Amber International Holding Ltd director Huo Junwei filed an initial statement of beneficial ownership. The filing reports indirect interests in both Class A and Class B ordinary shares held through affiliated entities.
Through Amber Global Limited, in which he has an approximate 4.33% interest via Amber Fort Limited and Amber Wit Limited, he is deemed to beneficially own 13,430,558 Class A ordinary shares. Through Amber Fort Limited, which holds 36,233,237 Class B ordinary shares, he may be deemed to beneficially own approximately 6,996,638 Class B ordinary shares and disclaims beneficial ownership beyond his pecuniary interest. Each Class B ordinary share automatically converts into one Class A ordinary share upon certain transfers described in the company’s governing documents.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares, par value $0.001 per share | -- | -- | -- |
| holding | Class A ordinary shares, par value $0.001 per share | -- | -- | -- |
Footnotes (3)
- F1. Amber Global Limited ("AGL") is the record holder of the Class A ordinary shares reported herein. AGL holds a total of 309,834,748 Class A ordinary shares of the Issuer. Amber Fort Limited ("AFL") holds an equity interest in AGL, and the Reporting Person holds a 19.31% equity interest in AFL through his 100% equity interest in Amber Wit Limited ("AWL"). Accordingly, the Reporting Person may be deemed to hold an approximate 4.33% interest in AGL and beneficially own 13,430,558 Class A ordinary shares of the Issuer.
- F2. Each Class B ordinary share will automatically convert into one Class A ordinary share upon the sale, transfer, assignment or disposition of beneficial ownership of such Class B ordinary share at the request of or for the benefit of the Reporting Person, unless such sale, transfer, assignment or disposition is to Yuao Wu and his affiliate or an affiliate of AFL, according to the currently effective memorandum and articles of association of the Issuer.
- F3. AFL is the record holder of the Class B ordinary shares reported herein. AFL holds a total of 36,233,237 Class B ordinary shares of the Issuer. The Reporting Person holds a 19.31% equity interest in AFL through his 100% equity interest in AWL and may therefore be deemed to beneficially own approximately 6,996,638 of the shares held by AFL. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Amber International (AMBR) Form 3 for Huo Junwei report?
Are there any buy or sell transactions in this AMBR Form 3?
AI-generated analysis. How Rhea-AI works. Not financial advice.