Lianyi, Yu Chen take 34% iOThree ownership stake
iOThree Ltd (IOTR) has a new large shareholder disclosure.
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Rhea-AI Filing Summary
iOThree Ltd (IOTR) has a new large shareholder disclosure. Lianyi Holding Limited and its director and controlling person Yu Chen jointly report beneficial ownership of 1,034,483 Ordinary Shares of iOThree, representing 34.12% of the company’s Ordinary Shares outstanding as of July 20, 2026.
Lianyi purchased these shares at US$0.87 per share, for an aggregate purchase price of US$900,000, under a Securities Purchase Agreement dated January 10, 2026, funded from Yu Chen’s personal funds with no borrowing. Both Lianyi and Yu Chen report sole voting and sole dispositive power over these shares, and state they have no current plans or agreements regarding corporate actions such as mergers, asset sales, or governance changes.
Filing Explained
The new ownership is being reported on Schedule 13D, rather than passive Schedule 13G; this form category covers holders who may seek to influence control, although the filing reports no proposals or agreements for the listed corporate actions.
Key Figures
Key Terms
beneficially own regulatory
Securities Purchase Agreement financial
Schedule 13D regulatory
dispositive power regulatory
Joint Filing Agreement regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of iOThree Ltd (IOTR) does Lianyi Holding Limited and Yu Chen own?
Do the reporting persons have plans to change control or strategy at iOThree Ltd (IOTR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.