Yin Yan and Fulai Wang report 29.68% stake in Marwynn Holdings (MWYN)
Rhea-AI Filing Summary
Yin Yan and Fulai Wang reported significant ownership of Marwynn Holdings, Inc. common stock. They each report beneficial ownership of 5,993,255 shares of common stock, representing 29.68% of the class, based on 20,194,804 shares outstanding as of December 22, 2025, as cited from a company prospectus.
All 5,993,255 shares are held directly by Yin Yan, with Fulai Wang deemed to share voting and dispositive power as her spouse. The filing notes an additional 135,000 shares of Series A Super Voting Preferred Stock held by Yin Yan, which carry 1,000 votes per share but are not convertible into common stock and may be redeemed at par value at the holder’s option.
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FAQ
What percentage of Marwynn Holdings (MWYN) does Yin Yan beneficially own?
Yin Yan beneficially owns 5,993,255 shares of Marwynn Holdings common stock, representing 29.68% of the outstanding common shares. This percentage is calculated using 20,194,804 common shares outstanding as of December 22, 2025, as referenced from a company prospectus.
How is Fulai Wang’s ownership in Marwynn Holdings (MWYN) reported?
Fulai Wang is reported to beneficially own 5,993,255 shares of common stock, or 29.68% of the class, through shares held by his spouse, Yin Yan. He is deemed to share voting and dispositive power over these shares as part of their marital relationship.
What is the voting power of Marwynn Holdings’ Series A Super Voting Preferred Stock?
The filing states that each Series A Super Voting Preferred Stock (SVPS) share carries 1,000 votes, while each common share carries one vote. Yin Yan holds 135,000 SVPS shares, which are not convertible into common stock and can be redeemed at par value at the holder’s option.
Do the reported Marwynn Holdings (MWYN) ownership figures include the super voting preferred shares?
No. The 29.68% ownership figure only reflects 5,993,255 common shares. It does not include 135,000 Series A Super Voting Preferred Stock shares held by Yin Yan, which have distinct voting rights but are not counted as common stock in this calculation.