Indaptus (INDP) investor Ting Yang stake falls to 8.44% after share issuance
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Indaptus Therapeutics investor Ting Yang has updated his ownership report. He beneficially owns 11,250,000 shares of Indaptus Therapeutics, Inc. common stock, representing 8.44% of the outstanding shares as of June 24, 2026. The stake comes from Series AA and Series AAA Preferred Stock converted under a Securities Purchase Agreement dated March 19, 2026, which closed on March 23, 2026.
This amendment reports that Yang’s percentage ownership fell by more than 1% because Indaptus completed a private placement on June 17, 2026, increasing total shares outstanding. Yang did not buy or sell any Indaptus shares in connection with this change and reports sole voting and dispositive power over all his shares.
Positive
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Negative
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Key Figures
Beneficial ownership: 11,250,000 shares
Ownership percentage: 8.44%
Shares outstanding: 133,242,324 shares
+5 more
8 metrics
Beneficial ownership
11,250,000 shares
Indaptus common stock beneficially owned by Ting Yang
Ownership percentage
8.44%
Percent of Indaptus common stock class represented by 11,250,000 shares
Shares outstanding
133,242,324 shares
Indaptus common stock outstanding as of June 24, 2026
Purchase funds
$1,156,642.43
Personal funds used by Ting Yang to buy Series AAA Preferred Stock
Event date
June 24, 2026
Date of event requiring the amended ownership statement
Private placement date
June 17, 2026
Indaptus private placement that increased shares outstanding
Purchase Agreement date
March 19, 2026
Date of Securities Purchase Agreement for preferred stock
Closing date
March 23, 2026
Closing of Securities Purchase Agreement transaction
Key Terms
beneficially owns, Securities Purchase Agreement, Series AAA Preferred Stock, private placement, +1 more
5 terms
beneficially owns financial
"Ting Yang beneficially owns 11,250,000 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 Ting Yang pursuant to the Securities Purchase Agreement."
private placement financial
"upon the closing of the Issuer's private placement on June 17, 2026."
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
Schedule 13D regulatory
"initial statement on originally filed ... with the Securities and Exchange Commission on March 30, 2026."
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.
FAQ
What ownership stake does Ting Yang report in Indaptus Therapeutics (INDP)?
Ting Yang reports beneficial ownership of 11,250,000 Indaptus common shares, equal to 8.44% of the company’s outstanding stock as of June 24, 2026. He holds sole voting and dispositive power over all these shares, according to the amended Schedule 13D filing.
Why did Ting Yang file Amendment No. 2 to his Schedule 13D for INDP?
Amendment No. 2 was filed to report a decrease of more than 1% in Yang’s percentage ownership of Indaptus common stock. The decline resulted solely from additional shares issued in a private placement on June 17, 2026, which increased total shares outstanding.
How did Ting Yang originally acquire his Indaptus (INDP) position?
Yang acquired his Indaptus stake through Series AA and Series AAA Preferred Stock purchased under a Securities Purchase Agreement dated March 19, 2026. The transaction closed on March 23, 2026, and the preferred shares later converted into 11,250,000 shares of common stock.
What funds did Ting Yang use to invest in Indaptus Therapeutics (INDP)?
The filing states Ting Yang used personal funds totaling $1,156,642.43 to purchase Series AAA Preferred Stock under the March 19, 2026 Securities Purchase Agreement. Those preferred shares, along with Series AA, were subsequently converted into Indaptus common stock.