True Thrive, 360 Technology and Hongyi Zhou Report 14.87% of GMHS
Rhea-AI Filing Summary
Gamehaus Holdings Inc. (GMHS) disclosed that True Thrive Limited holds 5,647,138 Class A ordinary shares, representing 14.87% of the outstanding Class A shares (based on 37,971,245 shares outstanding as of June 30, 2025). The filing states True Thrive Limited is wholly owned by 360 Technology Group Co., Ltd., and that Hongyi Zhou, as chairman of 360 Technology Group, has voting and dispositive control over the shares held by True Thrive. The Schedule 13G is a joint filing by True Thrive Limited, 360 Technology Group Co., Ltd., and Hongyi Zhou and includes a Joint Filing Agreement as Exhibit 99.1.
Positive
- Clear disclosure of beneficial ownership: 5,647,138 Class A shares reported.
- Transparency on ownership chain: True Thrive Limited, 360 Technology Group, and Hongyi Zhou are identified with a Joint Filing Agreement (Exhibit 99.1).
Negative
- None.
Insights
TL;DR: Filing reports a significant 14.87% passive stake by True Thrive, clarifying ownership and voting relationships.
The Schedule 13G documents beneficial ownership of 5,647,138 Class A shares, equal to 14.87% of Class A outstanding as of June 30, 2025. Ownership is indirect: True Thrive Limited holds the shares, is 100% owned by 360 Technology Group, and Hongyi Zhou is identified as having voting and dispositive control. This disclosure clarifies the ownership chain and potential coordinated interests but does not by itself indicate active control or a change in corporate governance. The filing meets regulatory transparency standards for substantial passive ownership.
TL;DR: Joint filing clarifies the chain of control and confirms a >5% position, improving transparency for shareholders and regulators.
The Schedule 13G includes a Joint Filing Agreement and identifies roles: True Thrive Limited (holder), 360 Technology Group (parent), and Hongyi Zhou (chairman with voting/dispositive control). The form indicates shared voting and dispositive power over the reported shares and supplies registered addresses. The disclosure is routine for substantial passive holdings and provides necessary information for monitoring potential related-party influence but does not allege any transaction or change in board composition.