NIP Group (NIPG) insider trims Class B1 stake in open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NIP Group Inc. director and president Liwei Sun, through xiaOt Sun Holdings Limited, completed an open-market sale of 353,624 Class B1 ordinary shares at $1.25 per share. Following the transaction, the indirect holding stands at 18,095,424 Class B1 ordinary shares.
Each Class B1 and Class B2 ordinary share carries 20 votes and is convertible into one Class A ordinary share, while Class A shares carry one vote and are not convertible into Class B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 353,624 shares ($442,030)
Net Sell
1 txn
Insider
Sun Liwei
Role
President
Sold
353,624 shs ($442K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B1 ordinary share | 353,624 | $1.25 | $442K |
Holdings After Transaction:
Class B1 ordinary share — 18,095,424 shares (Indirect, By xiaOt Sun Holdings Limited)
Footnotes (1)
- The authorized share capital of NIP Group Inc. consists of Class A ordinary shares, Class B1 ordinary shares and Class B2 ordinary shares. Each holder of Class A ordinary shares is entitled to one vote per share, while each holder of Class B1 ordinary shares and Class B2 ordinary shares is entitled to 20 votes per share, subject to the approval conditions for ordinary resolutions, the Weighted Voting Right and certain restrictions. Each Class B1 ordinary share and Class B2 ordinary share is convertible into one Class A ordinary share at any time at the option of the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. xiaOt Sun Holdings Limited is a limited liability company established in the British Virgin Islands wholly owned by Liwei Sun.
Key Figures
Shares sold: 353,624 shares
Sale price: $1.25 per share
Shares held after: 18,095,424 shares
+3 more
6 metrics
Shares sold
353,624 shares
Class B1 ordinary shares sold on 2026-06-30
Sale price
$1.25 per share
Open-market sale of Class B1 ordinary shares
Shares held after
18,095,424 shares
Indirect Class B1 ordinary share holdings after transaction
Voting rights Class A
1 vote per share
Class A ordinary shares voting structure
Voting rights Class B1/B2
20 votes per share
Class B1 and Class B2 ordinary shares
Conversion ratio
1:1 into Class A
Each Class B1 and Class B2 share convertible into one Class A share
Key Terms
Class B1 ordinary share, Class A ordinary shares, Weighted Voting Right, convertible into one Class A ordinary share, +1 more
5 terms
Weighted Voting Right financial
"subject to the approval conditions for ordinary resolutions, the Weighted Voting Right and certain restrictions."
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By xiaOt Sun Holdings Limited""
FAQ
What insider transaction did NIP Group (NIPG) report for Liwei Sun?
NIP Group reported that Liwei Sun, its director and president, indirectly sold 353,624 Class B1 ordinary shares in an open-market transaction at $1.25 per share, executed through xiaOt Sun Holdings Limited, which he wholly owns.