Indirect 14.4M-share stake reported in Lotus Technology (LOT) Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Lotus Technology Inc. director Li Donghui filed an initial ownership report showing an indirect stake in the company. The filing lists 14,398,660 Ordinary Shares held by Lotus Advanced Technology Limited Partnership, in which Li holds a 7.7143% pecuniary interest, reflecting his economic exposure through this partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Li Donghui
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 14,398,660 shares (Indirect, By Lotus Advanced Technology Limited Partnership)
Footnotes (1)
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FAQ
What does Li Donghui’s Form 3 filing for Lotus Technology Inc. (LOT) show?
The Form 3 shows Li Donghui’s initial beneficial ownership in Lotus Technology Inc. It discloses 14,398,660 Ordinary Shares held indirectly through Lotus Advanced Technology Limited Partnership, where he has a 7.7143% pecuniary interest, indicating his economic exposure rather than a new share purchase or sale.
Is Li Donghui’s Lotus Technology (LOT) Form 3 a buy or sell transaction?
The Form 3 is not a buy or sell transaction; it is an initial ownership statement. It records existing indirect holdings of 14,398,660 Ordinary Shares via Lotus Advanced Technology Limited Partnership, with Li’s 7.7143% pecuniary interest, and does not reflect new market activity in the stock.
How is Li Donghui’s ownership in Lotus Technology (LOT) structured?
His ownership is indirect, through Lotus Advanced Technology Limited Partnership. The partnership holds 14,398,660 Ordinary Shares of Lotus Technology Inc., and Li has a 7.7143% pecuniary interest in that partnership, giving him a partial economic interest rather than full ownership of all those shares.
Why is the 7.7143% pecuniary interest important in the Lotus Technology (LOT) Form 3?
The 7.7143% pecuniary interest clarifies that Li does not economically own all 14,398,660 shares. Instead, he participates in a fraction of the partnership’s economic gains or losses, helping investors understand his actual financial exposure to Lotus Technology Inc. through the partnership’s holdings.