Luckin Coffee (LKNCY) director details major indirect holdings
Rhea-AI Filing Summary
Luckin Coffee Inc. director Li Hui (David) filed an initial statement of beneficial ownership showing large indirect stakes held through multiple investment entities. This Form 3 does not report any new purchases or sales; it simply lists existing positions.
The filing shows indirect holdings of Class B Ordinary Shares convertible one-for-one into Class A Ordinary Shares, including 136,172,000 shares held by Centurium Investment Limited and 4 shares held by Fortunate Cup Holdings Limited. It also lists Senior Convertible Preferred Shares that are convertible into 158,158,519, 125,486,906 and 11,739,190 Class A Ordinary Shares, respectively, at the reporting person’s option.
Additional indirect positions include Class A Ordinary Shares held by entities such as Camel ZQ Limited, Centurium Capital II Ltd., CCM Prosper L.P., Masterclass Holdings Limited, Camel Zhengkai Limited and Tianyu Ruikong Limited, plus American Depositary Shares held by Camel ZQ Limited and Camel Zhengkai Limited. Each ADS represents eight Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Senior Convertible Preferred Shares | -- | -- | -- |
| holding | Senior Convertible Preferred Shares | -- | -- | -- |
| holding | Senior Convertible Preferred Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Footnotes (4)
- F1. The Reporting Person is the sole shareholder and director of Centurium Holdings (BVI) Ltd., which is the sole shareholder of Centurium Holdings Ltd. ("Centurium"). Centurium is the sole shareholder of Centurium Capital II Ltd. and Centurium Investment Limited. Centurium holds interests in the general partners of Centurium Capital Partners II, L.P. (which is the sole shareholder of Masterclass Holdings Limited), Centurium Capital Partners 2018, L.P. (which is the sole shareholder of Fortunate Cup Holdings Limited), CCM Lucky, L.P., CCM CB II, L.P. and CCM Prosper L.P.. The Reporting Person has sole voting and investment discretion with respect to Tianyu Ruikong Limited, and has all voting power in Camel ZQ Limited and Camel Zhengkai Limited through an entity ultimately controlled by him.
- F2. The Class B Ordinary Shares are convertible into the Issuer's Class A Ordinary Shares on a one-for-one basis at any time at the option of the Reporting Person. The Class B Ordinary Shares have no expiration date.
- F3. The Senior Convertible Preferred Shares are convertible into that number of Issuer's Class A Ordinary Shares (or an equivalent number of ADSs), at any time at the option of the Reporting Person, determined by dividing (i) the sum of the original issue price plus any declared but unpaid dividends on such Senior Convertible Preferred Shares by (ii) the conversion price in effect at the time of the conversion, which was initially the original issue price of $0.8125, subject to adjustment from time to time.
- F4. Each American Depositary Share ("ADS") represents eight Class A Ordinary Shares. The ADSs have no expiration date.
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