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[SCHEDULE 13G/A] Cyclacel Pharmaceuticals, Inc. 6% Cnvrtbl. Prfrd. Stock SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

Kua Khai Loon reports beneficial ownership of 872,000 shares of Cyclacel Pharmaceuticals, Inc., representing 20.76% of the outstanding common stock. The reported ownership is composed of 218,000 shares of common stock and 218,000 warrants in each of three series (Series A, B and C), each exercisable into common stock, for a total of 872,000 underlying shares. The filing certifies the holdings were not acquired to change or influence control of the issuer. The report includes links to the amended and restated warrant forms as exhibits.

Positive
  • Material ownership disclosed: Reporting person transparently reports a 20.76% beneficial stake.
  • Clear composition: Ownership breakdown shows 218,000 common shares plus 218,000 Series A, 218,000 Series B and 218,000 Series C warrants.
  • Compliance and certification: Filing includes a certification that holdings are not intended to change control and provides exhibits for warrant terms.
Negative
  • High ownership concentration: A single beneficial holder controls over 20% of the class, which could increase voting concentration and potential governance influence if warrants are exercised.
  • Potential dilution uncertainty: The exercise terms and timing of the three warrant series are not summarized in the filing text, leaving unclear the near-term dilution impact.

Insights

TL;DR: A single holder discloses a >20% position through stock plus warrants, a material stake that investors should note for ownership concentration.

The filing shows Kua Khai Loon beneficially owns 872,000 shares or equivalent, equal to 20.76% of common stock, composed of 218,000 shares and three equal tranches of 218,000 warrants. This aggregation creates a meaningful ownership percentage that may affect voting power if warrants are exercised. The statement asserts the position was not taken to change control, and exhibits reference the warrant agreements, which determine exercise terms and timing that could affect dilution and future ownership calculations.

TL;DR: Disclosure of a >20% holder is material for governance and board dynamics; warrant terms will determine future governance impact.

The schedule is a clear, compliant disclosure of beneficial ownership under Schedule 13G/A. The filing emphasizes sole voting and dispositive power over all reported shares and notes the holdings include warrants in three series, which are linked as exhibits. Governance implications hinge on whether and when those warrants are exercised and on any contractual limitations in the warrant agreements. The certification clarifies no intent to change control, which is relevant for regulatory and shareholder signaling.






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)






SCHEDULE 13G




Comment for Type of Reporting Person: The reporting person's ownership consists of (i) 218,000 shares of common stock, (ii) 218,000 series A warrants to purchase shares of common stock, (iii) 218,000 series B warrants to purchase shares of common stock, and (iv) 218,000 series C warrants to purchase shares of common stock (the series A warrants, series B warrants and series C warrants, collectively, the "Warrants")


SCHEDULE 13G



Kua Khai Loon
Signature:/s/ Kua Khai Loon
Name/Title:Kua Khai Loon
Date:09/01/2025
Exhibit Information

Form of Amended and Restated Series A Common Stock Warrant Form of Amended and Restated Series B Common Stock Warrant Form of Amended and Restated Series C Common Stock Warrant sec.gov/Archives/edgar/data/1130166/000164117225015874/ex10-1.htm sec.gov/Archives/edgar/data/1130166/000164117225015874/ex10-2.htm sec.gov/Archives/edgar/data/1130166/000164117225015874/ex10-3.htm sec.gov/Archives/edgar/data/1130166/000164117225015874/ex10-4.htm

FAQ

What stake does Kua Khai Loon report in Cyclacel Pharmaceuticals (CYCCP)?

The filing reports beneficial ownership of 872,000 shares, equal to 20.76% of common stock.

How is the 872,000-share figure composed in the CYCCP filing?

It consists of 218,000 common shares and 218,000 Series A warrants, 218,000 Series B warrants and 218,000 Series C warrants.

Does the filer state an intent to influence control of Cyclacel (CYCCP)?

No; the certification states the securities were not acquired and are not held to change or influence control of the issuer.

Where can I find the warrant terms referenced in the filing?

The filing includes exhibit links to the amended and restated Series A, B and C warrant forms for the specific exercise terms.

What voting and dispositive power does the reporting person claim?

The filer reports sole voting power and sole dispositive power over all 872,000 shares and none shared.
Cyclacel Phar Pr

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Biotechnology
Pharmaceutical Preparations
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Malaysia
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