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Indaptus Therapeutics: Yun Yao stake falls to 27.34%

The ownership calculation includes 20,338,974 shares issued or issuable in the private placement, alongside 133,242,324 shares outstanding as of August 13, 2026.

(Moderate)

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Indaptus Therapeutics, Inc. (INDP) reports that Yun Yao, a private investor, beneficially owns 41,991,000 shares, or 27.34% of the common stock. Her reported ownership percentage decreased by more than 1% solely because of the issuer’s October 16, 2026 private placement; Yao did not acquire or dispose of common shares in connection with it. The ownership calculation uses 153,581,298 shares, including 20,338,974 shares issued or issuable upon closing of the placement.

Yao’s shares were issued upon conversion of Series AA and Series AAA Preferred Stock in connection with the transaction closing on March 23, 2026. She used $4,317,206.43 in personal funds to purchase Series AAA Preferred Stock under the related purchase agreement.

Beneficially owned shares 41,991,000 shares Yun Yao’s reported common stock ownership
Ownership percentage 27.34% Based on 153,581,298 shares
Shares used in ownership calculation 153,581,298 shares Ownership calculation stated in the amendment
Private placement shares 20,338,974 shares Issued or issuable upon closing on October 16, 2026
Common shares outstanding 133,242,324 shares As of August 13, 2026
Personal funds used for preferred stock purchase $4,317,206.43 Purchase of Series AAA Preferred Stock
beneficially owned financial
"41,991,000 shares beneficially owned"
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 dispositive power financial
"Sole Dispositive Power 41,991,000.00"
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.
private placement financial
"closing of the Issuer’s private placement"
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.
Series AAA Preferred Stock financial
"purchase of the Series AAA Preferred Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many INDP shares does Yun Yao beneficially own?

Yun Yao beneficially owns 41,991,000 shares, representing 27.34% of Indaptus Therapeutics’ common stock. The percentage calculation uses 153,581,298 shares, including shares issued or issuable upon closing of the private placement.

Why did Yun Yao’s reported INDP ownership percentage decrease?

Her reported percentage decreased by more than 1% solely because of the issuer’s private placement on October 16, 2026. Yao did not acquire or dispose of common shares in connection with the placement; the calculation includes 20,338,974 shares issued or issuable upon closing.

How much did Yun Yao pay for INDP Series AAA Preferred Stock?

Yao used $4,317,206.43 in personal funds to fund her purchase of Series AAA Preferred Stock under the Securities Purchase Agreement, which closed on March 23, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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45339J105

(CUSIP Number)
Yun Yao
8404 / 70 Southbank Boulevard,
Southbank VIC, C3, 3006
0426 454 615

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/16/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Yun Yao beneficially owns 41,991,000 shares of the Issuer's Common Stock. Such shares were acquired pursuant to the Securities Purchase Agreement, dated as of March 19, 2026 (the "Purchase Agreement"), and were issued upon the conversion of the Issuer's Series AA and Series AAA Preferred Stock in connection with the closing of the transaction on March 23, 2026. All percentage calculations herein are based on 153,581,298 shares of Common Stock outstanding, consisting of (i) 133,242,324 shares of Common Stock outstanding as of August 13, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, plus (ii) 20,338,974 shares of Common Stock issued or issuable upon the closing of the Issuer's private placement on October 16, 2026, as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 20, 2026. Please also refer to the Schedule 13D filed by Yun Yao on behalf of Yun Yao, Sino Lion Ventures Limited, Chenhao Xu, Junyi Dai, Ting Yang and Lina Deng with the Securities and Exchange Commission on March 30, 2026 and all amendments to date.


SCHEDULE 13D


Yao Yun
Signature:/s/ Yun Yao
Name/Title:Yun Yao
Date:10/22/2026

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