Lobo Technologies (LOBO) CEO details Class A and B holdings
Rhea-AI Filing Summary
Lobo Technologies director, chairman and CEO Xu Huajian filed an initial Form 3 detailing his share ownership. He directly holds 84,000 Class A ordinary shares and has indirect ownership of 3,090,320 Class B ordinary shares through Wealthford Capital Ltd., where he is a 90% shareholder with voting and dispositive power over those shares. Each Class B ordinary share is convertible into one Class A ordinary share at the holder’s discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Xu Huajian
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 84,000 shares (Direct);
Class B ordinary shares — 3,090,320 shares (Indirect, Refer to Footnote)
Footnotes (1)
- F1. Represents 3,090,320 Class B ordinary shares held by Wealthford Capital Ltd. The registered address of Wealthford Capital Ltd is at 2/F, Palm Grove House P.O. Box 3340, Road Town, Tortola, British Virgin Islands. 3,909,320 Class B ordinary shares directly held by Wealthford Capital Ltd of which Huajian Xu is the 90% shareholder and he holds the voting and dispositive power over the ordinary shares held by such entity. Each Class B ordinary share is convertible into one Class A ordinary shares under the holder's discretion.
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