Webull SEC Filings

Jun Yuan reports beneficial ownership of 29,758,301 Webull Class A ordinary shares, representing 7.4% of the class. The shares are held of record by NotNull Inc., whose voting power is fully retained by ToString Inc., which is wholly owned by Mr. Jun Yuan, giving him sole voting and dispositive power over the reported shares.

The filing is a Schedule 13G for the Class A ordinary shares (CUSIP G9572D103) and discloses the reporting person's citizenship as the People\'s Republic of China and a principal address in Changsha, Hunan, China. The document notes the filing was submitted late because EDGAR filing codes were delayed; the signature date on the Schedule is 08/18/2025 and the event date requiring the filing is 06/30/2025.

Hillhouse Investment Management, Ltd. filed a Schedule 13G reporting beneficial ownership of 33,080,846 Class A ordinary shares of Webull Corp (CUSIP G8192N103), representing 8.7% of the 378,563,226 outstanding Class A shares used to calculate the percentage. The shares are held through WBL Holding L.P. and WBL2 Holdings Limited, which are wholly owned by Hillhouse Focused Fund Growth V, L.P., for which Hillhouse acts as sole manager. Hillhouse reports sole voting and dispositive power over all 33,080,846 shares. The filing cites the Company’s prospectus share count as of May 9, 2025, and is signed by Audrey Woon, Chief Compliance Officer, dated August 14, 2025.

Report summary: This Schedule 13G discloses that Anquan Wang beneficially owns 93,251,500 Webull Corporation Class A ordinary shares, representing 19.2% of the Class A shares on the basis described in the filing. The reported holdings include 82,988,016 Class A shares issuable upon conversion of Class B shares held of record by Water Castle Az Inc. and 10,263,484 Class A shares held of record by Webull Partners Limited (WPL).

Control and disposition: The filing states Mr. Wang retains voting and investment discretion over the convertible Class B shares through Water Castle and Pozijie Inc., and has voting/dispositive control over the WPL-held shares as sole member of the advisory committee to the related trust. Sole voting and dispositive power are reported as 93,251,500 shares, with shared voting and dispositive power reported as 0.

Webull Corporation's Schedule 13G discloses that SIG Global China Fund I, LLLP, SIG Asia Investment, LLLP, and HCM Asia, Inc. beneficially own 24,152,813 Class A ordinary shares, representing 6.4% of the Class A shares. The company's prospectus indicates 378,563,226 shares outstanding. SIG Global reports sole voting and dispositive power over 24,152,813 shares, while SIG Asia and HCM report shared voting and dispositive power over the same amount. The filing states SIG Asia is the investment manager to SIG Global and HCM is the investment manager to SIG Asia, and each reporting person disclaims beneficial ownership of shares owned directly by another reporting person except for pecuniary interests.

PEAK6-affiliated entities and individuals reported beneficial ownership positions in Webull Corp Class A common stock. Several PEAK6 reporting persons disclose aggregate holdings around 26,567,829–26,567,832 shares, representing 5.5% of the class, while two entities report smaller holdings of 1,004,041 shares (0.2%) and 1,000,000 shares (0.2%).

The filings show no sole voting or dispositive power for the reported shares (sole powers reported as 0) and indicate the positions are held with shared voting and shared dispositive power. The filing also discloses the ownership chain: PEAK6 Capital Management is majority owned by PEAK6 Group, which is owned by PEAK6 Investments, primarily owned by PEAK6 LLC, and identifies Matthew Hulsizer and Jennifer Just as majority direct and/or indirect ultimate beneficial owners of PEAK6 LLC.

Webull Corp Schedule 13G/A discloses that Harraden Circle reporting persons collectively beneficially own 150,000 shares of Webull Class A common stock, representing 0.04% of the class. The filing attributes shared voting and dispositive power over 150,000 shares and identifies the directly reported holders as Harraden Circle Investors, LP and affiliated Harraden funds.

The amendment notes the issuer was formerly SK Growth Opportunities Corp and states this submission is an exit filing reporting that the Reporting Persons have ceased to be beneficial owners of more than five percent of the Class A common stock. The disclosure clarifies ownership and control flow through Harraden GP, Harraden LLC, Harraden Adviser, and Frederick V. Fortmiller Jr., indicating a small, non-controlling position.

HS Investments IV Limited, together with affiliated Guernsey entities, reported beneficial ownership in Webull Class A ordinary shares representing specific single-entity and aggregate stakes. The filing shows HS Investments IV Limited holds 28,592,200 shares (7.12% of the class) in nominee form, comprised of 21,444,146 shares for HS Investments IV C L.P., 6,227,397 shares for Hedosophia Partners IV L.P., and 920,657 shares for Hedosophia Long Term Capital II L.P. HS Investments IV C L.P. reports 21,444,146 shares (5.34%), and Hedosophia Partners IV GP Limited reports 27,671,543 shares (6.89%). All reporting persons indicate zero sole voting or dispositive power and record shared voting and dispositive power for the stated amounts. The filing discloses that Hedosophia Partners IV GP Limited manages the affected partnerships and that the GP's board members disclaim beneficial ownership of portfolio securities.