Londian Wason investor group reports 17.1% stake
Rhea-AI Filing Summary
Londian Wason New Energy Tech Inc. (FOIL) has a significant shareholder group, as SK Inc. and its wholly owned subsidiary Golden Pearl EV Solutions Limited jointly report beneficial ownership of 67,193,167 Ordinary Shares, representing 17.1% of the company’s Ordinary Shares outstanding immediately after an offering.
Golden Pearl EV Solutions Limited, incorporated in Hong Kong, directly holds all of these shares and has sole power to vote and dispose of them, while SK Inc., organized in the Republic of Korea, reports this stake as the parent holding company.
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Key Figures
Beneficially owned shares: 67,193,167 Ordinary Shares
Percent of class: 17.1%
Shares outstanding: 394,006,470 Ordinary Shares
+4 more
7 metrics
Beneficially owned shares
67,193,167 Ordinary Shares
Beneficially owned by SK Inc. and Golden Pearl EV Solutions Limited
Percent of class
17.1%
Ownership percentage of FOIL’s Ordinary Shares after the offering
Shares outstanding
394,006,470 Ordinary Shares
FOIL Ordinary Shares outstanding immediately after the offering
Sole voting power
67,193,167 shares
Shares over which the reporting persons have sole power to vote
Shared voting power
0 shares
Shares over which the reporting persons have shared voting power
Sole dispositive power
67,193,167 shares
Shares over which the reporting persons have sole power to dispose
Shared dispositive power
0 shares
Shares over which the reporting persons have shared power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, parent holding company, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 67,193,167 Ordinary Shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 67,193,167.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 67,193,167.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company financial
"Applicable with respect to SK Inc.. Golden Pearl EV Solutions Limited"
Schedule 13G regulatory
"This statement is filed jointly by SK Inc. and Golden Pearl"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much of FOIL does SK Inc. and Golden Pearl EV Solutions Limited own?
SK Inc. and its wholly owned subsidiary Golden Pearl EV Solutions Limited report beneficial ownership of 67,193,167 Ordinary Shares of FOIL, representing 17.1% of the Ordinary Shares outstanding immediately after the offering.
What is the relationship between SK Inc. and Golden Pearl EV Solutions Limited in this FOIL filing?
Golden Pearl EV Solutions Limited is described as a wholly owned subsidiary of SK Inc. The Schedule 13G is filed jointly by SK Inc. and Golden Pearl EV Solutions Limited regarding their beneficial ownership in FOIL.
Where are the reporting entities for FOIL’s Schedule 13G organized?
SK Inc. is organized under the laws of the Republic of Korea, and Golden Pearl EV Solutions Limited is organized under the laws of Hong Kong, as stated in the Schedule 13G.
AI-generated analysis. How Rhea-AI works. Not financial advice.