DSC Holdings (DSC) shifts 10M shares into Class A structure
Rhea-AI Filing Summary
DSC Holdings Ltd. reported an internal share restructuring involving 10,000,000 shares held indirectly through Dream Car Limited. On 2026-06-26, 5,000,000 ordinary shares held by Dream Car Limited were redesignated into 5,000,000 Class A ordinary shares on a one-for-one basis immediately prior to completion of the company’s initial public offering. The Form 4 attributes these holdings to director and Senior Vice President Zhang Liyu as indirect ownership, with no cash consideration and no open-market buying or selling disclosed. Following the transaction, Dream Car Limited holds 5,000,000 Class A ordinary shares and no ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zhang Liyu
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary shares | 5,000,000 | $0.00 | $0.00 |
| Other | Class A ordinary shares | 5,000,000 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary shares — 0 shares (Indirect, Held by Dream Car Limited);
Class A ordinary shares — 5,000,000 shares (Indirect, Held by Dream Car Limited)
Footnotes (1)
- F1. Immediately prior to the completion of the Issuer's initial public offering, each ordinary share was redesignated as Class A ordinary shares on a one-for-one basis.
Key Figures
Restructured shares: 10,000,000 shares
Ordinary shares before redesignation: 5,000,000 shares
Class A shares after redesignation: 5,000,000 shares
+1 more
4 metrics
Restructured shares
10,000,000 shares
Total shares affected by J-code restructuring on 2026-06-26
Ordinary shares before redesignation
5,000,000 shares
Indirectly held by Dream Car Limited prior to IPO-related change
Class A shares after redesignation
5,000,000 shares
Indirectly held by Dream Car Limited following recapitalization
Reported transaction price
$0.00 per share
Price for J-code restructuring entries on 2026-06-26
Key Terms
Class A ordinary shares, Ordinary shares, initial public offering, indirect ownership, +1 more
5 terms
initial public offering financial
"Footnote states shares were redesignated immediately prior to completion of the initial public offering."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
indirect ownership financial
"Ownership type described as indirect with nature of ownership held by Dream Car Limited."
Other acquisition or disposition financial
"Transaction code J is described as Other acquisition or disposition."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DSC (DSC) disclose for Zhang Liyu?
DSC disclosed an internal restructuring for director and Senior Vice President Zhang Liyu. Through Dream Car Limited, 5,000,000 ordinary shares were redesignated into 5,000,000 Class A ordinary shares on a one-for-one basis, with no market purchase or sale reported.