ICZOOM Group (NASDAQ: IZM) director lists major Class B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ICZOOM Group Inc. director and ten percent owner Liu Duanrong has filed an initial ownership report detailing holdings of the company’s Class B Ordinary Shares. The filing shows 225,000 Class B shares held directly and 1,635,000 Class B shares held indirectly through Forerunner Universal Limited.
The Form 3 does not report any new purchases or sales; it establishes Liu’s existing ownership position in both direct and indirect forms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Liu Duanrong
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 225,000 shares (Direct);
Class B Ordinary Shares — 1,635,000 shares (Indirect, By Forerunner Universal Limited)
Footnotes (1)
FAQ
What does the ICZOOM (IZM) Form 3 filing by Liu Duanrong show?
The Form 3 shows Liu Duanrong’s existing ownership of ICZOOM Class B Ordinary Shares. It reports 225,000 shares held directly and 1,635,000 shares held indirectly through Forerunner Universal Limited, establishing Liu’s status as a director and ten percent owner.
What is the significance of Liu Duanrong being a ten percent owner of ICZOOM (IZM)?
Being a ten percent owner means Liu Duanrong beneficially owns at least ten percent of ICZOOM’s equity. This status triggers specific SEC reporting obligations, including filing a Form 3 to disclose initial holdings and future Forms 4 or 5 if reportable ownership changes occur.
How are indirect ICZOOM (IZM) holdings reported for Liu Duanrong on Form 3?
Indirect holdings are reported separately from directly held shares. In this Form 3, 1,635,000 Class B Ordinary Shares are disclosed as indirectly owned "By Forerunner Universal Limited," clarifying that these shares are held through that entity rather than in Liu’s personal name.
What types of ICZOOM (IZM) securities are disclosed in Liu Duanrong’s Form 3?
The filing discloses only Class B Ordinary Shares of ICZOOM. There are no derivative securities reported, and the derivative summary is empty, indicating no stock options, warrants, or other derivative positions included in this initial ownership statement.