[SCHEDULE 13G] Cyclacel Pharmaceuticals, Inc. 6% Cnvrtbl. Prfrd. Stock SEC Filing
Kua Khai Loon filed a Schedule 13G reporting beneficial ownership of 218,000 shares of Cyclacel Pharmaceuticals, Inc. common stock, representing 9.8% of the class. The filing shows sole voting and dispositive power over all 218,000 shares and classifies the filer as an individual (IN). The document states the securities were not acquired to change or influence control of the issuer. The filing includes issuer and filer addresses and the CUSIP 23254L876. The signature date on the filing is 08/18/2025 and the triggering event date is 07/28/2025.
- Clear disclosure of beneficial ownership amount and percentage (218,000 shares; 9.8%)
- Sole voting and dispositive power is stated, reducing ambiguity about control of the reported shares
- Certification that the shares were not acquired to influence control, consistent with Schedule 13G usage
- No additional context on how or when the shares were acquired beyond the event date
- No statement of whether the filer intends to buy or sell additional shares in the future
Insights
TL;DR: A single individual reports a 9.8% stake with sole control, a notable disclosure but presented as non-control intent.
The Schedule 13G indicates that Kua Khai Loon beneficially owns 218,000 shares (9.8%) of Cyclacel Pharmaceuticals common stock and retains sole voting and dispositive authority. Under reporting rules, a >5% stake requires disclosure; filing on Schedule 13G rather than 13D suggests the filer asserts a passive intent rather than an active attempt to influence control. All details provided are declarative: ownership amount, voting/dispositive powers, citizenship, addresses, CUSIP, and certification regarding control intent.
TL;DR: Ownership above 5% is material for governance records; the filer certifies no intent to influence control.
The report supplies the necessary identification and ownership breakdown: sole voting power and sole dispositive power over the reported shares. The certification in Item 10 expressly states the securities were not acquired to change or influence control, aligning with Schedule 13G filing conditions. No group affiliations, subsidiaries, or holdings on behalf of others are reported. The disclosure is complete for a passive holder assertion based on the provided fields.