[SCHEDULE 13G] Cyclacel Pharmaceuticals, Inc. 6% Cnvrtbl. Prfrd. Stock SEC Filing
Cyclacel Pharmaceuticals, Inc. Schedule 13G filed by Ong Yee Lung reports beneficial ownership of 218,000 shares of Cyclacel common stock, representing 9.8% of the class. The filer states sole voting and dispositive power over all 218,000 shares. The filing is submitted under Schedule 13G disclosures and includes a certification that the shares were not acquired to change or influence control of the issuer. Several items (group membership, holdings on behalf of others, and subsidiary/group identification) are marked Not Applicable.
- Material disclosure: Reporting of a >5% stake (218,000 shares, 9.8%) provides transparency to the market
- Sole voting and dispositive power: Filer explicitly reports exclusive control over voting and disposition of the shares
- Schedule 13G filing: Certification indicates the position is not held to influence or change control, consistent with passive investor reporting
- None.
Insights
TL;DR: A single investor reports a material ~9.8% stake with sole voting and dispositive power, filed on Schedule 13G indicating passive intent.
The filing discloses a material ownership stake (218,000 shares, 9.8%) by an individual, with exclusive voting and disposition rights. Filing on Schedule 13G and the certification language indicate the filer asserts the position is not intended to influence control, which typically signals passive ownership rather than an activist intent. There are no indications in the document of group affiliation, holdings for others, or transactions beyond the disclosed position.
TL;DR: Disclosure meets regulatory requirements for a >5% passive holder, noting sole control of shares but no intent to change issuer control.
The statement identifies the reporting person as an individual citizen of Malaysia and provides residential and issuer office addresses. Key governance-related items—group identity, ownership on behalf of others, and subsidiary involvement—are explicitly marked Not Applicable. The certification asserts the shares were not acquired to influence control; absent other filings or agreements, this preserves customary passive-holder status under Schedule 13G.