KIDZ AI Inc. (KIDZ) CEO discloses 39.1% Class B ownership stake
Rhea-AI Filing Summary
Hui Luo, Chief Executive Officer of KIDZ AI Inc., reports beneficial ownership of 8,283,314 shares of Class B Common Stock, representing 39.1% of that class. Luo has sole voting and dispositive power over all reported shares, with no shared control.
This stake consists of 2,000 shares of Class B Common Stock, 13,071 shares of Class A Common Stock convertible into an equal number of Class B shares, and 522,801 shares of Series A Preferred Stock convertible within 60 days into 8,268,243 Class B shares. The reported change results from applying a current conversion price of $0.6323 to the Series A Preferred Stock, rather than from new transactions.
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Key Figures
Beneficial Ownership: 8,283,314 shares of Class B Common Stock
Ownership Percentage: 39.1%
Direct Class B Shares: 2,000 shares
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Beneficial Ownership
8,283,314 shares of Class B Common Stock
Total shares beneficially owned by Hui Luo
Ownership Percentage
39.1%
Portion of outstanding Class B Common Stock represented by Hui Luo’s holdings
Direct Class B Shares
2,000 shares
Class B Common Stock held directly by Hui Luo
Convertible Class A Shares
13,071 shares
Class A Common Stock convertible into an equal number of Class B shares
Series A Preferred Shares
522,801 shares
Series A Preferred Stock held by Hui Luo
Class B from Series A Conversion
8,268,243 shares
Class B shares issuable within 60 days upon conversion of Series A Preferred Stock
Conversion Price
$0.6323
Current conversion price applied to Series A Preferred Stock
Key Terms
beneficially owns, sole voting and dispositive power, Series A Preferred Stock, Rule 13d-3(d)(1)
4 terms
beneficially owns financial
"The Reporting Person beneficially owns 8,283,314 shares of Class B 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.
sole voting and dispositive power financial
"The Reporting Person has sole voting and dispositive power over 8,283,314 shares"
Series A Preferred Stock financial
"522,801 shares of Series A Preferred Stock convertible within 60 days"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
Rule 13d-3(d)(1) regulatory
"Such shares represent approximately 39.1% ... calculated in accordance with Rule 13d-3(d)(1)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of KIDZ AI Inc. (KIDZ) does Hui Luo beneficially own?
Hui Luo beneficially owns 39.1% of KIDZ AI Inc.’s Class B Common Stock, totaling 8,283,314 shares. This percentage is calculated under Rule 13d-3(d)(1) and reflects shares issuable from convertible securities within 60 days.
Has Hui Luo recently traded KIDZ AI Inc. (KIDZ) Class B Common Stock?
No. Hui Luo has not effected any transactions in KIDZ AI Inc. Class B Common Stock since the prior amendment. The change in reported holdings comes from applying a current $0.6323 conversion price to the Series A Preferred Stock, not from new trades.
What are the conversion terms of Hui Luo’s Series A Preferred Stock in KIDZ AI Inc. (KIDZ)?
Hui Luo holds 522,801 Series A Preferred shares, convertible within 60 days into 8,268,243 Class B shares. The updated beneficial ownership reflects applying a current conversion price of $0.6323 per share of underlying Class B Common Stock.
What position does Hui Luo hold at KIDZ AI Inc. (KIDZ)?
Hui Luo serves as Chief Executive Officer of KIDZ AI Inc. The company is identified as formerly known as Classover Holdings, Inc. and Class Over Inc., and its principal executive offices are located at 450 7th Avenue in New York, New York.