Sun Lei details JX Luxventure (JXG) common and preferred stock stakes
Rhea-AI Filing Summary
JX Luxventure Group Inc. executive Sun Lei, who serves as CEO, Interim CFO and Co-Chair and is a more than 10% owner, filed an initial Form 3 reporting existing equity holdings. The filing lists direct ownership of 495,123 shares of common stock and indirect ownership of 350 common shares held through Happy Brilliance Limited, a Cayman Islands company fully owned and controlled by Sun Lei.
The disclosure also shows direct holdings of Series A, Series C and Series D Convertible Preferred Stock. These preferred shares are each convertible into the company’s common stock, with the filing indicating underlying common stock equivalents of 2,067 shares for the Series A, 1,250 shares for the Series C and 1,733 shares for the Series D. No new transactions, purchases or sales are reported; the form simply records Sun Lei’s existing ownership position at this time.
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FAQ
What does Sun Lei’s Form 3 filing for JXG disclose?
How many JX Luxventure (JXG) common shares does Sun Lei hold directly and indirectly?
What preferred stock series does Sun Lei report in JXG?
Are there any buy or sell transactions in Sun Lei’s JXG Form 3?
How is Happy Brilliance Limited related to Sun Lei’s JXG ownership?
What do the conversion terms of JXG preferred stock in the Form 3 indicate?