BeyondSpring Inc. schedules updated ownership disclosure: This Amendment No. 9 to a Schedule 13G/A reports beneficial ownership and voting arrangements for certain affiliated entities and individuals. The filing states 41,119,820 Ordinary Shares outstanding as of March 31, 2026 and shows Lan Huang and Linqing Jia each beneficially owning 5,787,906 shares (14.1%) through a combination of direct holdings, affiliated entities, trusts and proxies. The filing details recent intra-family trust transfers of 260,582 and 253,465 shares and clarifies shared voting/dispositive arrangements among the reporting persons.
Positive
None.
Negative
None.
Insights
Joint filing clarifies control and recent trust transfers affecting family holdings.
The filing lists 5,787,906 shares attributed to each of Lan Huang and Linqing Jia, representing 14.1% of the class based on 41,119,820 outstanding shares as of March 31, 2026. It describes shared voting and dispositive power across family entities, trusts and proxies.
Dependencies include trustee status, proxy grants, and recent transfers (e.g., 260,582 and 253,465 shares). Subsequent filings will show if these ownership allocations or voting arrangements change.
Amendment documents attribution and Rule 13d-1(k) joint filing structure.
The Reporting Persons file jointly under a previously filed joint filing agreement. The statement includes disclaimers under Rule 13d-4 and identifies indirect ownership via Ever Regal, Fairy Eagle and Rosy Time and proxies related to irrevocable trusts and charitable foundation holdings.
Material qualifiers are explicit: certain transferred shares are held in trusts without voting proxy; some holdings are disclaimed. Monitor future amendments for any changes to pecuniary interest or voting authority.
"Amendment No. 9 to a Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial ownershipregulatory
"Amount beneficially owned: Ever Regal: 2; Dr. Huang: 5,787,906"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
proxy to voteregulatory
"three irrevocable trusts for the benefit of Dr. Huang's children, over which Dr. Huang has been granted proxy to vote"
What percentage of BeyondSpring (BYSI) do Lan Huang and Linqing Jia each report owning?
Each reports beneficial ownership of 5,787,906 shares, equal to 14.1% of the class. The percentages are calculated using 41,119,820 Ordinary Shares outstanding as of March 31, 2026 per the filing's stated Form 10-Q basis.
How many shares outstanding did BeyondSpring report for the ownership calculation?
The filing uses 41,119,820 Ordinary Shares outstanding as of March 31, 2026. That figure is the basis for the 14.1% ownership percentages shown for each principal reporting person.
Did the filing disclose any recent transfers of shares among family trusts?
Yes. The filing records a transfer of 260,582 Ordinary Shares from a Grantor Retained Annuity Trust to three irrevocable trusts and a separate transfer of 253,465 Ordinary Shares to the 2026 SUNSHINE GRAT, with voting/proxy details described.
Do the reporting persons claim sole beneficial ownership of shares held by affiliated entities?
No. The filing explains indirect ownership through entities (Ever Regal, Fairy Eagle, Rosy Time) and includes disclaimers under Rule 13d-4; some holdings are disclaimed or subject to proxy/voting arrangements rather than claimed as sole beneficial ownership.
Who signed the Schedule 13G/A amendment for BeyondSpring (BYSI)?
The amendment is signed by Lan Huang and Linqing Jia in director capacities and personally, each signing the filing dated 05/15/2026, as shown in the signature block of the amendment.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 9)
BeyondSpring Inc.
(Name of Issuer)
Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G10830100
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G10830100
1
Names of Reporting Persons
Ever Regal Group Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Based on 41,119,820 ordinary shares, par value $0.0001 per share ("Ordinary Shares") of BeyondSpring Inc. (the "Issuer") outstanding as of March 31, 2026, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G10830100
1
Names of Reporting Persons
Fairy Eagle Investments Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Based on 41,119,820 Ordinary Shares outstanding as of March 31, 2026, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G10830100
1
Names of Reporting Persons
Rosy Time Holdings Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Based on 41,119,820 Ordinary Shares outstanding as of March 31, 2026, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G10830100
1
Names of Reporting Persons
Lan Huang
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,787,906.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
971,222.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,787,906.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.1 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) Consists of (i) 2 Ordinary Shares directly held by Ever Regal Group Limited, (ii) 1 Ordinary Share directly held by Fairy Eagle Investments Limited, (iii) 1 Ordinary Share directly held by Rosy Time Holdings Limited, (iv) 253,465 Ordinary Shares directly held by 2026 SUNSHINE GRAT, (v) 223,291 Ordinary Shares directly held by the 2024 SPIRIT GRAT, (vi) 494,462 Ordinary Shares held by the Sincere Efforts Foundation Inc., a charitable foundation of which Dr. Huang serves on the board, (vii) 3,031,684 Ordinary Shares directly held by three irrevocable trusts for the benefit of Dr. Huang's children, over which Dr. Huang has been granted proxy to vote, and (viii) 1,785,000 Ordinary Shares directly held by certain unaffiliated third-parties, over which Mr. Jia has been granted proxy to vote. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares, except for the shares over which they have been granted proxies with voting power. Dr. Huang and Mr. Jia share voting power over those shares. On March 20, 2026, the Lan Huang 2022 Grantor Retained Annuity Trust transferred 260,582 Ordinary Shares directly held by it to three separate irrevocable trusts for the benefit of Dr. Huang's children. Dr. Huang is not a beneficiary or trustee of the trusts and is not granted proxy to vote over the 260,582 Ordinary Shares. On March 23, 2026, 253,465 Ordinary Shares directly held by Dr. Huang were transferred to 2026 SUNSHINE GRAT.
(2) Based on 41,119,820 Ordinary Shares outstanding as of March 31, 2026, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G10830100
1
Names of Reporting Persons
Linqing Jia
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CHINA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,787,906.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
971,222.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,787,906.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.1 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) Consists of (i) 2 Ordinary Shares directly held by Ever Regal Group Limited, (ii) 1 Ordinary Share directly held by Fairy Eagle Investments Limited, (iii) 1 Ordinary Share directly held by Rosy Time Holdings Limited, (iv) 253,465 Ordinary Shares directly held by 2026 SUNSHINE GRAT, (v) 223,291 Ordinary Shares directly held by the 2024 SPIRIT GRAT, (vi) 494,462 Ordinary Shares held by the Sincere Efforts Foundation Inc., a charitable foundation of which Dr. Huang serves on the board, (vii) 3,031,684 Ordinary Shares directly held by three irrevocable trusts for the benefit of Dr. Huang's children, over which Dr. Huang has been granted proxy to vote, and (viii) 1,785,000 Ordinary Shares directly held by certain unaffiliated third-parties, over which Mr. Jia has been granted proxy to vote. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares, except for the shares over which they have been granted proxies with voting power. Dr. Huang and Mr. Jia share voting power over those shares. On March 20, 2026, the Lan Huang 2022 Grantor Retained Annuity Trust transferred 260,582 Ordinary Shares directly held by it to three separate irrevocable trusts for the benefit of Mr. Jia's children. Mr. Jia is not a beneficiary or trustee of the trusts and is not granted proxy to vote over the 260,582 Ordinary Shares. On March 23, 2026, 253,465 Ordinary Shares directly held by Dr. Huang were transferred to 2026 SUNSHINE GRAT.
(2) Based on 41,119,820 Ordinary Shares outstanding as of March 31, 2026, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on May 13, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BeyondSpring Inc.
(b)
Address of issuer's principal executive offices:
100 Campus Drive, West Side, 4th Floor, Suite 410, Florham Park, New Jersey, 07932
Item 2.
(a)
Name of person filing:
This Schedule 13G/A is filed jointly by each of the following persons (each a "Reporting Person" and, collectively, as the "Reporting Persons") pursuant to a joint filing agreement entered into by the Reporting Persons in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), a copy of which was filed with the Schedule 13G filed by the Reporting Persons on February 14, 2018, as Exhibit 1 and is incorporated herein by reference.
(b)
Address or principal business office or, if none, residence:
The principal business address for each of the Reporting Persons is c/o BeyondSpring Inc., 100 Campus Drive, West Side, 4th Floor, Suite 410, Florham Park, New Jersey 07932.
(c)
Citizenship:
1. Ever Regal Group Limited, a limited liability company organized under the laws of the British Virgin Islands ("Ever Regal");
2. Fairy Eagle Investments Limited, a limited liability company organized under the laws of the British Virgin Islands ("Fairy Eagle");
3. Rosy Time Holdings Limited, a limited liability company organized under the laws of the British Virgin Islands ("Rosy Time");
4. Lan Huang, a U.S. citizen ("Dr. Huang"); and
5. Linqing Jia, a Chinese citizen ("Mr. Jia").
Dr. Huang is the Co-founder, Chairman and Chief Executive Officer of the Issuer. Dr. Huang's spouse, Mr. Jia, is the Co-founder of the Issuer.
(d)
Title of class of securities:
Ordinary Shares, par value $0.0001 per share
(e)
CUSIP No.:
G10830100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Ever Regal: 0.00%
Fairy Eagle: 0.00%
Rosy Time: 0.00%
Dr. Huang: 14.1%
Mr. Jia: 14.1%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Ever Regal: 0
Fairy Eagle: 0
Rosy Time: 0
Dr. Huang: 0
Mr. Jia: 0
(ii) Shared power to vote or to direct the vote:
Ever Regal: 2
Fairy Eagle: 1
Rosy Time: 1
Dr. Huang: 5,787,906
Mr. Jia: 5,787,906
(iii) Sole power to dispose or to direct the disposition of:
Ever Regal: 0
Fairy Eagle: 0
Rosy Time: 0
Dr. Huang: 0
Mr. Jia: 0
(iv) Shared power to dispose or to direct the disposition of:
Ever Regal: 2
Fairy Eagle: 1
Rosy Time: 1
Dr. Huang: 971,222
Mr. Jia: 971,222
Dr. Huang is the sole owner of Ever Regal and, as such, has the ability to direct the management of the business of Ever Regal, including the power to direct decisions regarding the vote and disposition of securities held by Ever Regal. Therefore, Dr. Huang may be deemed to have indirect beneficial ownership of the Ordinary Shares directly owned by Ever Regal. Dr. Huang is also the sole trustee of the 2026 SUNSHINE GRAT and the 2024 SPIRIT GRAT, and a member of the board of directors of Sincere Efforts Foundation Inc. ("Sincere Efforts"). Dr. Huang disclaims beneficial ownership of the Ordinary Shares held by Sincere Efforts, and nothing herein shall be construed as an admission that Dr. Huang is the beneficial owner of such Ordinary Shares.
Mr. Jia is the sole owner of each of Fairy Eagle and Rosy Time and, as such, has the ability to direct the management of the business of each of Fairy Eagle and Rosy Time, including the power to direct decisions regarding the vote and disposition of securities held by each of Fairy Eagle and Rosy Time. Therefore, Mr. Jia may be deemed to have indirect beneficial ownership of the Ordinary Shares directly owned by each of Fairy Eagle and Rosy Time.
On March 20, 2026, the Lan Huang 2022 Grantor Retained Annuity Trust transferred 260,582 Ordinary Shares directly held by it to three separate irrevocable trusts for the benefit of Dr. Huang and Mr. Jia's children. Neither Dr. Huang nor Mr. Jia are beneficiaries or trustees of the trusts and they have not been granted proxy to vote over the 260,582 Ordinary Shares.
On March 23, 2026, 253,465 Ordinary Shares directly held by Dr. Huang were transferred to 2026 SUNSHINE GRAT.
Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares, except for the shares over which they have been granted proxies with voting power. Dr. Huang and Mr. Jia share voting power over those shares.
The percentages used in this Schedule 13G/A are calculated based upon the Issuer's 41,119,820 issued and outstanding Ordinary Shares as of March 31, 2026, as reported by the Issuer in its Form 10-Q filed with the U.S. Securities and Exchange Commission on May 13, 2026. Pursuant to Rule 13d-4 of the Exchange Act, the Reporting Persons declare that filing this Schedule 13G/A shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Schedule 13G/A except to the extent of such person's pecuniary interest in the Ordinary Shares, and, except to the extent of its, her or his pecuniary interest, such beneficial ownership is expressly disclaimed by each Reporting Person.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Ever Regal Group Ltd
Signature:
/s/ Lan Huang
Name/Title:
Lan Huang, Director
Date:
05/15/2026
Fairy Eagle Investments Limited
Signature:
/s/ Linqing Jia
Name/Title:
Linqing Jia, Director
Date:
05/15/2026
Rosy Time Holdings Limited
Signature:
/s/ Linqing Jia
Name/Title:
Linqing Jia, Director
Date:
05/15/2026
Lan Huang
Signature:
/s/ Lan Huang
Name/Title:
Lan Huang
Date:
05/15/2026
Linqing Jia
Signature:
/s/ Linqing Jia
Name/Title:
Linqing Jia
Date:
05/15/2026
Exhibit Information
Exhibit 1
Joint Filing Agreement, dated as of February 14, 2018, by and among Ever Regal Group Limited, Fairy Eagle Investments Limited, Rosy Time Holdings Limited, Lan Huang and Linqing Jia, as required by Rule 13d-1(k)(1) under the Exchange Act (incorporated herein by reference to Exhibit 1 of the Schedule 13G filed by the Reporting Persons on February 14, 2018).
https://www.sec.gov/Archives/edgar/data/1677940/000114036118007856/ex1.htm
