MicroAlgo (NASDAQ: MLGO) director reports indirect Class A and B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MicroAlgo Inc. director and 10% owner Zhao Jie J filed an initial ownership report disclosing indirect stakes held through WiMi Hologram Cloud Inc.
The filing lists indirect ownership of 661,762 Class B Ordinary Shares and 2,271,203 Class A Ordinary Shares, both with $0.0000001 par value. The entries reflect existing holdings rather than new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zhao Jie J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares, $0.0000001 Par Value | -- | -- | -- |
| holding | Class B Ordinary Shares, $0.0000001 Par Value | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares, $0.0000001 Par Value — 2,271,203 shares (Indirect, Through WiMi Hologram Cloud Inc.);
Class B Ordinary Shares, $0.0000001 Par Value — 661,762 shares (Indirect, Through WiMi Hologram Cloud Inc.)
Footnotes (1)
Key Figures
Indirect Class B holdings: 661,762 shares
Indirect Class A holdings: 2,271,203 shares
Par value per share: $0.0000001
+1 more
4 metrics
Indirect Class B holdings
661,762 shares
Class B Ordinary Shares, par $0.0000001, held indirectly
Indirect Class A holdings
2,271,203 shares
Class A Ordinary Shares, par $0.0000001, held indirectly
Par value per share
$0.0000001
Par value for both Class A and Class B Ordinary Shares
Holding entries
2 entries
Two holding records listed in the transaction summary
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, indirect ownership, Form 3, +1 more
5 terms
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: Through WiMi Hologram Cloud Inc."
Form 3 regulatory
"INSIDER FILING DATA (Form 3): {"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
10% owner regulatory
"is_ten_percent_owner: 1"
FAQ
What does MicroAlgo (MLGO) disclose in Zhao Jie J’s Form 3?
The Form 3 discloses that Zhao Jie J, a director and 10% owner of MicroAlgo, holds significant indirect stakes in the company through WiMi Hologram Cloud Inc., reporting both Class A and Class B Ordinary Shares as existing ownership positions.
Is the MicroAlgo (MLGO) Form 3 a report of new insider buying or selling?
No, this Form 3 functions as an initial ownership report, listing existing indirect holdings in MicroAlgo rather than new purchases or sales. Transaction fields show no buy or sell codes, only holdings totals after the reported date.
How is Zhao Jie J’s ownership in MicroAlgo (MLGO) structured?
The filing states that both the Class A and Class B shares are held indirectly through WiMi Hologram Cloud Inc. This means the ownership interest is attributed via that entity, rather than Zhao Jie J holding the shares in a personal brokerage account.