Boqii (NYSE: BQ) Co-CEO details multi-class share holdings
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Boqii Holding Ltd Co-CEO and CFO Tang Yingzhi reports her beneficial ownership structure, including both direct and indirect interests in multiple share classes. The amendment shows 500,000 Class C ordinary shares held indirectly through Green Mountain Management Limited, which she and her spouse each own 50% of.
The Class C ordinary shares carry one hundred votes per share, are nonconvertible, receive no dividends, and are nontransferable. Tang is also attributed 27,159 Class B ordinary shares through a 33.33% interest in MTL, with each Class B share carrying twenty votes and being convertible into one Class A share. In addition, she holds 375 Class A ordinary shares directly and stock options over 309 Class A ordinary shares at various exercise prices and expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
TANG YINGZHI
Role
Co-CEO and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class C ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 27,159 shares (Indirect, See Footnote);
Stock Option — 94 shares (Direct);
Class A ordinary shares — 375 shares (Direct);
Class C ordinary shares — 500,000 shares (Indirect, See Footnote)
Footnotes (1)
- Represents 500,000 Class C ordinary shares of the issuer beneficially held by the Reporting Person through Green Mountain Management Limited ("Green Mountain"), a British Virgin Islands business company, which directly holds 500,000 Class C ordinary shares. The Reporting Person and her spouse each holds 50% ownership interests of Green Mountain. Pursuant to the Certificate of Designation for Class C ordinary shares, the Class C ordinary shares (i) are entitled to one hundred (100) votes per Class C ordinary share, (ii) are nonconvertible into Class A ordinary or Class B ordinary shares of the issuer, (iii) are not entitled to dividends, and (iv) are nontransferable. Represents 27,159 Class B ordinary shares of the issuer beneficially held by the Reporting Person. The Reporting Person holds 33.33% of equity interest in MTL, which directly holds 81,486 Class B ordinary shares. Therefore, the Reporting Person has the voting and investment power with respect to 33.33% of the Class B ordinary shares that MTL beneficially owns. Pursuant to the issuer's Fourteenth Amended and Restated Memorandum and Articles of Association, each Class B ordinary share is entitled to twenty (20) votes per Class B ordinary share and convertible into one (1) Class A ordinary share at any time by the holder thereof. The Class A ordinary shares are nonconvertible into the Class B ordinary shares.
Key Figures
Class C shares indirect: 500,000 Class C shares
Class B shares indirect: 27,159 Class B shares
Direct Class A shares: 375 Class A shares
+5 more
8 metrics
Class C shares indirect
500,000 Class C shares
Beneficially held via Green Mountain Management Limited
Class B shares indirect
27,159 Class B shares
Attributed through 33.33% interest in MTL
Direct Class A shares
375 Class A shares
Directly held by Tang Yingzhi
Options at 329.4000
94 Class A shares
Stock option, exercise price 329.4000, expires 2026-12-31
Options at 660.8000
9 Class A shares
Stock option, exercise price 660.8000, expires 2030-03-17
Options at 16.0000
206 Class A shares
Stock option, exercise price 16.0000, expires 2033-04-11
Class C voting power
100 votes per share
Voting rights for each Class C ordinary share
Class B voting power
20 votes per share
Voting rights for each Class B ordinary share
Key Terms
beneficially held, Class C ordinary shares, nonconvertible, exercise price, +2 more
6 terms
beneficially held financial
"Represents 500,000 Class C ordinary shares of the issuer beneficially held by the Reporting Person"
nonconvertible financial
"the Class C ordinary shares (i) are entitled to one hundred (100) votes per Class C ordinary share, (ii) are nonconvertible into Class A ordinary or Class B ordinary shares"
exercise price financial
"Stock Option ... conversion_or_exercise_price: "329.4000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"Stock Option ... expiration_date: "2026-12-31T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
convertible financial
"each Class B ordinary share is entitled to twenty (20) votes per Class B ordinary share and convertible into one (1) Class A ordinary share"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
What insider holdings does Boqii (BQ) Co-CEO Tang Yingzhi report in this Form 3/A?
Tang Yingzhi reports indirect ownership of 500,000 Class C ordinary shares and 27,159 Class B ordinary shares, plus 375 Class A shares directly. She also holds stock options over 309 Class A shares at different exercise prices and expiration dates, reflecting a layered ownership structure.