Light Stream (NAMI) trims Jinxin stake with 10K ADS sale
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and CFO/COO Jun Jiang, through Light Stream Holdings Ltd., reported indirect transactions in company securities. On June 24, 2026, Light Stream executed two open-market sales totaling 10,000 American depositary shares at $0.197 per ADS. Each ADS represents 18 ordinary shares of Jinxin Technology Holding Company. After these sales, the filing still shows Light Stream with an indirect position of more than 2.7 million ADS, indicating the disposals were small relative to the remaining stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,970)
Net Sell
3 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
10,000 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 5,000 | $0.197 | $985.00 |
| Sale | American depositary shares | 5,000 | $0.197 | $985.00 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 2,793,032 shares (Indirect, By Light Stream Holdings Ltd.);
Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.)
Footnotes (1)
- Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.
Key Figures
ADS sold: 10,000 American depositary shares
Sale price per ADS: $0.197 per ADS
ADS to ordinary share ratio: 1 ADS = 18 ordinary shares
+2 more
5 metrics
ADS sold
10,000 American depositary shares
Open-market sales on June 24, 2026
Sale price per ADS
$0.197 per ADS
Open-market transactions on June 24, 2026
ADS to ordinary share ratio
1 ADS = 18 ordinary shares
Capital structure relationship disclosed in footnote
Net shares sold
10,000 ADS
Net-sell direction from transaction summary
Indirect holdings post-transaction
>2.7 million ADS
Indirect ADS position reported after June 24, 2026 sales
Key Terms
American depositary shares, open-market sale, indirect ownership, net-sell, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By Light Stream Holdings Ltd."
net-sell financial
"transactionSummary shows netBuySellDirection: net-sell with 10,000 net shares sold"
non-derivative financial
"transaction_type: non-derivative for American depositary share sales"
FAQ
What insider transaction did Jinxin Technology (NAMI) disclose in this Form 4/A?
Jinxin Technology disclosed that Light Stream Holdings Ltd., an entity wholly-owned by CFO/COO Jun Jiang, sold 10,000 American depositary shares in open-market transactions at $0.197 per ADS on June 24, 2026, while retaining a much larger remaining position.
What stake does Jun Jiang’s affiliated entity still hold in NAMI after these sales?
After the reported sales, the Form 4/A indicates Light Stream Holdings Ltd. continues to hold more than 2.7 million American depositary shares indirectly. This suggests the 10,000 ADS sold represent a small fraction of the overall disclosed position.
Were there any derivative or option transactions reported for NAMI in this Form 4/A?
No derivative or option transactions were reported. The derivative summary section is empty, and the transaction summary shows only non-derivative open-market sales of American depositary shares alongside one holding entry, with zero derivative exercises or restructurings.