STOCK TITAN

Li Bang International (LBGJ) investor details past 5%+ stake and now 0% holding

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Li Bang International Corporation Inc. is the subject of a Schedule 13G filed by individual investor Jaemin Son, relating to Class A Ordinary Shares. The filing states that Son has beneficial ownership of 0 shares, representing 0% of the class, and now holds no voting or dispositive power over any shares.

Son explains that brokerage records suggested his beneficial ownership may have temporarily exceeded five percent around an acquisition on July 23, 2026 and a disposition on July 24, 2026, but he subsequently disposed of all such shares. The narrative describes significant administrative and technical obstacles as a first‑time foreign filer in obtaining EDGAR credentials, including Korean notarization, Apostille certification, and later U.S‑style remote online notarization, which contributed to delayed reporting. Son used publicly available information on outstanding shares to calculate beneficial ownership and indicates a willingness to amend if later information shows corrections are needed.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 0 shares Class A Ordinary Shares beneficially owned by Jaemin Son as reported
Percent of class owned 0 % Percent of Li Bang Class A Ordinary Shares owned by Jaemin Son
Acquisition trade date July 23, 2026 Trade date used for the key acquisition after brokerage clarification
Disposition trade date July 24, 2026 Trade date for the related disposition of Class A Ordinary Shares
Filer signature date 08/10/2026 Date on which Jaemin Son signed the Schedule 13G
beneficial ownership financial
"could not readily determine its beneficial ownership percentage because such determination required information"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
settlement date financial
"transaction statement reflects a settlement date two business days after the trade date"
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.
trade date financial
"order inquiry screen reflects the actual trade date"
Apostille certification regulatory
"ultimately obtained Korean-form notarization together with an Apostille certification"
remote online notarization regulatory
"obtained U.S.-style notarization through a remote online notarization service"
Remote online notarization is a process where a licensed notary confirms a person’s identity and witnesses their signature using live audio-video technology instead of meeting in person, often combined with electronic document signing and secure identity checks. For investors, it matters because it speeds up and simplifies legally binding transactions—like contract signings and closings—reducing delays and costs for companies that handle large volumes of documents while also changing regulatory and fraud-risk considerations.

FAQ

What does the Schedule 13G filing for LBGJ by Jaemin Son report?

The filing reports that Jaemin Son now beneficially owns 0 Class A Ordinary Shares of Li Bang International Corporation Inc., representing 0% of the class, and holds no voting or dispositive power over any shares as of the filing date.

Did Jaemin Son ever exceed 5% ownership in LBGJ shares?

The filer states brokerage records indicated his beneficial ownership may have temporarily exceeded five percent of Li Bang’s outstanding Class A Ordinary Shares around July 23–24, 2026, based on clarified trade and settlement dates and then‑available public information on shares outstanding.

What is Jaemin Son’s current ownership position in LBGJ?

The filing states that 0 shares are beneficially owned, corresponding to 0% of Li Bang’s Class A Ordinary Shares. It also notes no sole or shared voting or dispositive power, and that all previously held shares have been disposed of.

How did the filer calculate beneficial ownership for LBGJ?

The filer used the most recently available public information on Li Bang’s outstanding Class A Ordinary Shares reasonably identifiable at the time of the transactions, combined with brokerage transaction records, to calculate beneficial ownership for Schedule 13G purposes.

What dating issue did the LBGJ filer encounter with brokerage records?

The brokerage’s order inquiry screen showed trade dates, while its transaction statement showed settlement dates (T+2). The brokerage confirmed this convention, leading the filer to treat July 23, 2026 as the applicable trade date for the key acquisition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





G5480M110

(CUSIP Number)
07/23/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: This Schedule 13G is being filed with a delay due to administrative and technical difficulties encountered by the Reporting Person, a first-time foreign individual filer, in obtaining the EDGAR filer credentials required to make the filing. The Reporting Person could not readily determine its beneficial ownership percentage because such determination required information regarding the Issuer's total outstanding Class A Ordinary Shares that was not available from the brokerage's account records. Upon noticing discrepancies in the transaction records, the Reporting Person made inquiries with the brokerage to clarify the transaction details and became aware that its beneficial ownership may have temporarily exceeded five percent of the Issuer's outstanding Class A Ordinary Shares. The brokerage's order inquiry screen and transaction statement reflected different dates for the same transactions. The brokerage subsequently confirmed in writing, on August 3, 2026, that its transaction statement reflects a settlement date two business days after the trade date (T+2), excluding weekends, while its order inquiry screen reflects the actual trade date. Applying the brokerage's confirmed recordkeeping convention, the acquisition on July 23, 2026 (Thursday, KST) settled on July 27, 2026 (Monday), consistent with the July 27, 2026 date shown on the transaction statement. The disposition on July 24, 2026 (Friday, KST) similarly settled on July 28, 2026 (Tuesday), consistent with the transaction statement. Based on the brokerage's written clarification, the Reporting Person has treated July 23, 2026 as the applicable trade date for purposes of this filing. The Reporting Person used the most recently available public information regarding the Issuer's outstanding Class A Ordinary Shares that it reasonably identified as available at the time of the transactions as the basis for calculating beneficial ownership for purposes of this filing. The Reporting Person has since disposed of all such shares and beneficially owns no Class A Ordinary Shares as of the date of this filing. Despite significant practical obstacles in obtaining the documentation and credentials necessary for EDGAR filing, including difficulties satisfying the applicable identity-verification and notarization requirements in South Korea, the Reporting Person made continuous, good-faith efforts to comply. The Reporting Person ultimately obtained Korean-form notarization together with an Apostille certification, after which SEC EDGAR Filer Technical Support advised that such documentation may be acceptable for Form ID identity verification, subject to applicable requirements, including translation of foreign-language notarial markings into English and inclusion of the notarized page in the Form ID PDF. That Form ID submission was subsequently rejected by EDGAR for a missing signature. Upon receiving a South Korean passport for the first time on August 5, 2026, the Reporting Person obtained U.S.-style notarization through a remote online notarization service and resubmitted the Form ID application. The Reporting Person subsequently received confirmation from SEC EDGAR that it had been added as Account Administrator for CIK 0002149407. Should subsequently available public information or additional information received from the Issuer indicate that any information contained in this Schedule 13G requires correction, the Reporting Person will promptly evaluate whether an amendment is required. See Exhibit 99.2 for a detailed timeline.


SCHEDULE 13G



JAEMIN SON
Signature:JAEMIN SON
Name/Title:Individual
Date:08/10/2026
Exhibit Information

Exhibit 99.2 - Timeline of Reporting Person's Diligent Efforts to Obtain EDGAR Filer Credentials