Sino Lion Ventures (INDP) files amended 13D on 38,895,000 shares
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Sino Lion Ventures Limited and Chenhao Xu have filed Amendment No. 2 to their Schedule 13D on Indaptus Therapeutics, Inc. They report beneficial ownership of 38,895,000 shares of common stock, representing 29.19% of the company, held with shared voting and dispositive power.
The amendment explains that their percentage ownership fell by more than 1% solely because Indaptus increased its outstanding common shares in a private placement on June 17, 2026, reaching 133,242,324 shares outstanding as of June 24, 2026. The reporting persons did not buy or sell any Indaptus shares for this change to occur.
Sino Lion Ventures originally acquired its position through a Securities Purchase Agreement dated March 19, 2026, funding the purchase of Series AA and Series AAA Preferred Stock with $3,998,898.44 in working capital, which converted into common stock at the March 23, 2026 closing.
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Key Figures
Beneficial ownership: 38,895,000 shares
Ownership percentage: 29.19%
Shares outstanding: 133,242,324 shares
+4 more
7 metrics
Beneficial ownership
38,895,000 shares
Shares of Indaptus common stock beneficially owned by each reporting person
Ownership percentage
29.19%
Percent of Indaptus common stock represented by 38,895,000 shares
Shares outstanding
133,242,324 shares
Indaptus common stock outstanding as of June 24, 2026
Purchase consideration
$3,998,898.44
Working capital used by Sino Lion Ventures to purchase Series AAA Preferred Stock
Transaction closing date
March 23, 2026
Closing of Securities Purchase Agreement and preferred stock conversion
Private placement date
June 17, 2026
Date of Indaptus private placement increasing shares outstanding
Event date for amendment
June 24, 2026
Date of event requiring this Schedule 13D Amendment No. 2
Key Terms
Schedule 13D, beneficially owns, Securities Purchase Agreement, Series AAA Preferred Stock, +2 more
6 terms
Schedule 13D regulatory
"This Amendment No. 2 ("Amendment No. 2") to relates to the common stock"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owns financial
"Sino Lion Ventures Limited beneficially owns 38,895,000 shares of the Issuer's Common Stock."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Securities Purchase Agreement financial
"Such shares were acquired pursuant to the Securities Purchase Agreement, dated as of March 19, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
Series AAA Preferred Stock financial
"The Series AAA Preferred Stock was purchased by the Reporting Persons pursuant to the Securities Purchase Agreement"
private placement financial
"resulting solely from the increase in the number of shares of Common Stock issued and outstanding upon the closing of the Issuer's private placement on June 17, 2026."
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Rule 13d-1(k) regulatory
"This Amendment No. 2 is being jointly filed by Sino Lion Ventures Limited and Chenhao Xu ... pursuant to Rule 13d-1(k)"
FAQ
What percentage of Indaptus (INDP) does Sino Lion Ventures currently hold?
Sino Lion Ventures reports beneficial ownership of 29.19% of Indaptus’s outstanding common stock. This percentage is based on 133,242,324 shares outstanding as of June 24, 2026, according to the company’s Form 8-K filed with the Securities and Exchange Commission on that date.
Why did Sino Lion Ventures’ ownership percentage in Indaptus (INDP) decrease?
Their ownership percentage decreased by more than 1% because Indaptus issued additional common shares in a private placement on June 17, 2026. The total outstanding stock rose to 133,242,324 shares by June 24, 2026, diluting existing holders without any shares being sold by the reporting persons.
How much did Sino Lion Ventures pay to acquire its Indaptus (INDP) stake?
Sino Lion Ventures funded its purchase of Series AAA Preferred Stock with $3,998,898.44 of working capital. Those preferred shares, along with Series AA Preferred Stock, converted into Indaptus common stock at the March 23, 2026 closing under the March 19, 2026 Securities Purchase Agreement.
What is the relationship between Chenhao Xu and Sino Lion Ventures in this Indaptus (INDP) filing?
The filing identifies Chenhao Xu as the controlling person of Sino Lion Ventures Limited. Xu shares voting and dispositive power over 38,895,000 Indaptus common shares but disclaims beneficial ownership of shares held by Sino Lion Ventures, except to the extent of his pecuniary interest.