K-TECH CEO reports 5.5M KMRK shares on Form 3
K-TECH SOLUTIONS CO LTD director and CEO Kwok Yiu Keung has filed an initial ownership report outlining his equity stake in the company.
Rhea-AI Filing Summary
K-TECH SOLUTIONS CO LTD director and CEO Kwok Yiu Keung has filed an initial ownership report outlining his equity stake in the company. He directly holds 4,000,000 Class A Ordinary Shares and 1,500,000 Class B Ordinary Shares. The Class B shares are each convertible into one Class A share under the company’s governing documents. A prior Acting in Concert Agreement shows that the controlling shareholders collectively own 12,000,000 Class A Ordinary Shares and 4,500,000 Class B Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. On December 2, 2024, Mr. Kwok Yiu Fai, Mr. Kwok Yiu Keung and Mr. Kwok Yiu Wah ("Controlling Shareholders") entered into an Acting in Concert Agreement pursuant to which they undertake to act in concert in relation to all matters that require the decisions of the shareholders of the Issuer. As a result of the Acting in Concert Agreement, our Controlling Shareholders collectively own 12,000,000 class A ordinary shares and 4,500,000 class B ordinary shares.
- F2. Each share of Class B Ordinary Shares held by the Reporting Person will automatically convert into one share of Class A Ordinary Shares upon the sale or transfer of such share of Class B Ordinary Shares, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Ordinary Shares will also be convertible at any time at the option of the Reporting Person into one share of Class A Ordinary Shares.
Key Figures
Key Terms
Acting in Concert Agreement financial
amended and restated certificate of incorporation regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider ownership does Kwok Yiu Keung report in KMRK on this Form 3?
Does this KMRK Form 3 show any recent buying or selling by Kwok Yiu Keung?
AI-generated analysis. How Rhea-AI works. Not financial advice.