Ostin Technology Major Shareholder Reduces Stake Below 5% in Latest Filing
A Schedule 13G/A filing by LIAO YEN-KAI reports a reduced ownership position in Ostin Technology Group, representing an exit from significant shareholder status.
Rhea-AI Filing Summary
A Schedule 13G/A filing by LIAO YEN-KAI reports a reduced ownership position in Ostin Technology Group, representing an exit from significant shareholder status. The filing indicates that Liao now holds 3,888,517 Class A Ordinary Shares, equivalent to 3.62% of the total outstanding Class A shares and 3.05% of total voting power.
Key details of the holding:
- Sole voting and dispositive power over all 3,888,517 shares
- No shared voting or dispositive power
- Based on issuer's total of 107,430,032 Class A shares and 200,000 Class B shares outstanding as of May 12, 2025
- Class A shares carry 1 vote per share, while Class B shares carry 100 votes per share
This amendment serves as an exit filing as the holder's ownership has dropped below the 5% reporting threshold. The shares were not acquired to influence control of the issuer.
Positive
- None.
Negative
- Shareholder LIAO YEN-KAI reduced position below 5% ownership threshold, now holding only 3.62% of Class A shares (3,888,517 shares), representing an exit from major shareholder status
FAQ
Why did LIAO YEN-KAI file a Schedule 13G/A for OST stock in June 2025?
How many voting rights does LIAO YEN-KAI have in OST?
Where is OST's principal executive office located?
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