[SCHEDULE 13G] Antalpha Platform Holding Company ordinary shares SEC Filing
Antalpha Platform Holding Company filed a Schedule 13G reporting that Antalpha Technologies Holding Company beneficially owns 15,000,000 Class A Ordinary Shares, representing 63.4% of the class. The filer reports sole voting and sole dispositive power over those shares, indicating decisive control of the reported holdings.
The reporting entity is organized in the Cayman Islands and the issuer's principal executive offices are listed in Singapore. The filing states that total voting power of Antalpha Technologies Holding Company is controlled equally by Andrea Dal Mas, Yuan Fang, and Anggun Mulia Fortunata, each holding one-third of the voting power.
- 15,000,000 shares (63.4%) beneficially owned — a clearly stated majority stake in the Class A securities
- Sole voting and sole dispositive power over the reported shares — explicit control of voting and disposition
- Named controllers (Andrea Dal Mas, Yuan Fang, Anggun Mulia Fortunata) provide transparent identification of who holds voting power
- High ownership concentration (63.4%) reduces public float and may limit influence of other shareholders
- Control split among three individuals could create internal governance friction or succession complexity
- Reporting entity domiciled in the Cayman Islands and issuer principal office in Singapore — cross-jurisdictional structure may require additional investor due diligence
Insights
TL;DR: A 63.4% beneficial stake gives the reporting entity decisive ownership and material influence over Class A shares.
Holding 15,000,000 shares (63.4%) with sole voting and dispositive power is a material disclosure for investors because it establishes the reporting person as the controlling holder of the Class A position. That level of ownership typically affects liquidity of the public float and the company's control dynamics. The filing also documents the legal domicile of the filer (Cayman Islands), which is relevant for investor due diligence but does not itself change the ownership facts disclosed.
TL;DR: Ownership concentration is substantial and governance is concentrated among three named individuals, creating governance considerations.
The filing explicitly states the reporting entity's total voting power is controlled equally by three named individuals, each holding one-third of voting power. Concentration of control at this level can streamline decision-making but also raises governance questions about minority shareholder protections, related-party decisions, and succession planning. The disclosure is clear on allocation of voting power but provides no additional governance arrangements or shareholder agreements.