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[SCHEDULE 13D/A] PS International Group Ltd. SEC Filing

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Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary

Amendment No. 1 to Schedule 13D reports that on August 26, 2025 the reporting persons entered into a Share Purchase Agreement under which Grand Pro Development Limited and Profit Sail SAS Holdings Company Limited sold a combined 15,534,000 ordinary shares of PS International Group Ltd. The filing lists the sale price for recent transactions as $0.308 per share and states that Grand Pro sold 13,534,000 shares while Profit Sail sold 2,000,000 shares. The cover pages show each reporting person now beneficially owns 0 ordinary shares, representing 0% of the class. The amendment attaches a joint filing agreement and the Share Purchase Agreement as exhibits and otherwise incorporates prior Schedule 13D disclosures.

Emendamento n. 1 al Schedule 13D segnala che il 26 agosto 2025 le persone dichiarante hanno stipulato un Accordo di Acquisto Azionario in base al quale Grand Pro Development Limited e Profit Sail SAS Holdings Company Limited hanno venduto congiuntamente 15.534.000 azioni ordinarie di PS International Group Ltd. Il documento indica il prezzo di vendita delle transazioni recenti pari a $0,308 per azione e precisa che Grand Pro ha venduto 13.534.000 azioni mentre Profit Sail ne ha vendute 2.000.000. Le pagine di copertina mostrano che ciascuna persona dichiarante possiede ora beneficiariamente 0 azioni ordinarie, corrispondenti al 0% della classe. L'emendamento allega un accordo di deposito congiunto e l'Accordo di Acquisto Azionario come esibizioni e, per il resto, incorpora le precedenti divulgazioni ai sensi dello Schedule 13D.

Enmienda n.º 1 al Schedule 13D informa que el 26 de agosto de 2025 las personas informantes suscribieron un Acuerdo de Compra de Acciones por el cual Grand Pro Development Limited y Profit Sail SAS Holdings Company Limited vendieron conjuntamente 15.534.000 acciones ordinarias de PS International Group Ltd. La presentación indica el precio de venta de las transacciones recientes como $0,308 por acción y declara que Grand Pro vendió 13.534.000 acciones mientras que Profit Sail vendió 2.000.000. Las páginas de portada muestran que cada persona informante ahora posee beneficiariamente 0 acciones ordinarias, que representan el 0% de la clase. La enmienda adjunta un acuerdo de presentación conjunta y el Acuerdo de Compra de Acciones como anexos e incorpora por lo demás las divulgaciones previas del Schedule 13D.

Schedule 13D 수정안 1호는 2025년 8월 26일 보고자들이 주식매수계약(Share Purchase Agreement)을 체결하여 Grand Pro Development Limited와 Profit Sail SAS Holdings Company Limited가 합계 15,534,000 보통주를 PS International Group Ltd.에 대해 매각했다고 보고합니다. 제출서류에는 최근 거래의 매각가를 주당 $0.308로 기재하고 있으며, Grand Pro는 13,534,000주를, Profit Sail은 2,000,000주를 매각했다고 명시되어 있습니다. 표지 페이지에는 각 보고인이 현재 수익적 소유자로서 0 보통주를 보유하고 있으며 이는 해당 등급의 0%에 해당한다고 기재되어 있습니다. 수정안은 공동 제출 계약서와 주식매수계약을 증빙서류로 첨부하고, 그 밖의 부분은 이전 Schedule 13D 공시 내용을 포함합니다.

Avenant n°1 au Schedule 13D rapporte que le 26 août 2025 les personnes déclarantes ont conclu un accord d'achat d'actions (Share Purchase Agreement) par lequel Grand Pro Development Limited et Profit Sail SAS Holdings Company Limited ont vendu conjointement 15 534 000 actions ordinaires de PS International Group Ltd. Le dépôt indique le prix de vente des transactions récentes à 0,308 $ par action et précise que Grand Pro a vendu 13 534 000 actions tandis que Profit Sail en a vendu 2 000 000. Les pages de couverture montrent que chaque personne déclarante détient désormais bénéficiairement 0 action ordinaire, représentant 0% de la catégorie. L'avenant joint un accord de dépôt conjoint et l'accord d'achat d'actions en tant que pièces annexes et incorpore par ailleurs les divulgations antérieures du Schedule 13D.

Nachtrag Nr. 1 zu Schedule 13D berichtet, dass die meldenden Personen am 26. August 2025 eine Aktienkaufvereinbarung (Share Purchase Agreement) abgeschlossen haben, wonach Grand Pro Development Limited und Profit Sail SAS Holdings Company Limited zusammen 15.534.000 Stammaktien der PS International Group Ltd. veräußert haben. Die Einreichung führt den Verkaufspreis jüngster Transaktionen mit $0,308 pro Aktie auf und gibt an, dass Grand Pro 13.534.000 Aktien und Profit Sail 2.000.000 Aktien verkauft hat. Die Titelseiten zeigen, dass jede meldende Person jetzt wirtschaftlich 0 Stammaktien besitzt, was 0% der Klasse entspricht. Der Nachtrag fügt eine gemeinsame Einreichungsvereinbarung und die Aktienkaufvereinbarung als Anhänge bei und übernimmt ansonsten frühere Schedule-13D-Angaben.

Positive
  • None.
Negative
  • Reporting persons sold a combined 15,534,000 ordinary shares of PS International Group Ltd. pursuant to the Share Purchase Agreement.
  • Reported sale price for recent transactions was $0.308 per share (Grand Pro sold 13,534,000 shares; Profit Sail sold 2,000,000 shares).
  • Cover pages indicate each reporting person now beneficially owns 0 shares, representing 0% of the class.
  • Material change in insider ownership documented, which may be significant to investors and governance assessments.

Insights

TL;DR: Significant disposal of issuer shares by reporting persons reduces their ownership to zero, a materially negative development for insider ownership.

The filing documents a contemporaneous sale of 15,534,000 ordinary shares at reported recent trades of $0.308 per share, with Grand Pro disposing of 13,534,000 shares and Profit Sail disposing of 2,000,000 shares under a Share Purchase Agreement dated August 26, 2025. The cover pages indicate the reporting persons now report 0 beneficially owned shares (0%). For investors, the elimination of insider ownership is a material change because it removes aligned insider holdings; the filing properly discloses the transaction and attaches the purchase agreement as an exhibit for verification.

TL;DR: Reporting persons executed a formal sale agreement and filed an amendment that discloses the full divestiture and attached contract details.

The amendment supplements Item 4 and Item 6 by adding a Share Purchase Agreement and exhibits, confirming the governance matter of insider exits. Grand Pro and Profit Sail's aggregate sales and the resulting reported beneficial ownership of 0% are explicitly stated. The filing shows compliance with Schedule 13D reporting obligations and provides the contractual exhibit for review, which is important for shareholders assessing changes in control dynamics or potential related-party considerations.

Emendamento n. 1 al Schedule 13D segnala che il 26 agosto 2025 le persone dichiarante hanno stipulato un Accordo di Acquisto Azionario in base al quale Grand Pro Development Limited e Profit Sail SAS Holdings Company Limited hanno venduto congiuntamente 15.534.000 azioni ordinarie di PS International Group Ltd. Il documento indica il prezzo di vendita delle transazioni recenti pari a $0,308 per azione e precisa che Grand Pro ha venduto 13.534.000 azioni mentre Profit Sail ne ha vendute 2.000.000. Le pagine di copertina mostrano che ciascuna persona dichiarante possiede ora beneficiariamente 0 azioni ordinarie, corrispondenti al 0% della classe. L'emendamento allega un accordo di deposito congiunto e l'Accordo di Acquisto Azionario come esibizioni e, per il resto, incorpora le precedenti divulgazioni ai sensi dello Schedule 13D.

Enmienda n.º 1 al Schedule 13D informa que el 26 de agosto de 2025 las personas informantes suscribieron un Acuerdo de Compra de Acciones por el cual Grand Pro Development Limited y Profit Sail SAS Holdings Company Limited vendieron conjuntamente 15.534.000 acciones ordinarias de PS International Group Ltd. La presentación indica el precio de venta de las transacciones recientes como $0,308 por acción y declara que Grand Pro vendió 13.534.000 acciones mientras que Profit Sail vendió 2.000.000. Las páginas de portada muestran que cada persona informante ahora posee beneficiariamente 0 acciones ordinarias, que representan el 0% de la clase. La enmienda adjunta un acuerdo de presentación conjunta y el Acuerdo de Compra de Acciones como anexos e incorpora por lo demás las divulgaciones previas del Schedule 13D.

Schedule 13D 수정안 1호는 2025년 8월 26일 보고자들이 주식매수계약(Share Purchase Agreement)을 체결하여 Grand Pro Development Limited와 Profit Sail SAS Holdings Company Limited가 합계 15,534,000 보통주를 PS International Group Ltd.에 대해 매각했다고 보고합니다. 제출서류에는 최근 거래의 매각가를 주당 $0.308로 기재하고 있으며, Grand Pro는 13,534,000주를, Profit Sail은 2,000,000주를 매각했다고 명시되어 있습니다. 표지 페이지에는 각 보고인이 현재 수익적 소유자로서 0 보통주를 보유하고 있으며 이는 해당 등급의 0%에 해당한다고 기재되어 있습니다. 수정안은 공동 제출 계약서와 주식매수계약을 증빙서류로 첨부하고, 그 밖의 부분은 이전 Schedule 13D 공시 내용을 포함합니다.

Avenant n°1 au Schedule 13D rapporte que le 26 août 2025 les personnes déclarantes ont conclu un accord d'achat d'actions (Share Purchase Agreement) par lequel Grand Pro Development Limited et Profit Sail SAS Holdings Company Limited ont vendu conjointement 15 534 000 actions ordinaires de PS International Group Ltd. Le dépôt indique le prix de vente des transactions récentes à 0,308 $ par action et précise que Grand Pro a vendu 13 534 000 actions tandis que Profit Sail en a vendu 2 000 000. Les pages de couverture montrent que chaque personne déclarante détient désormais bénéficiairement 0 action ordinaire, représentant 0% de la catégorie. L'avenant joint un accord de dépôt conjoint et l'accord d'achat d'actions en tant que pièces annexes et incorpore par ailleurs les divulgations antérieures du Schedule 13D.

Nachtrag Nr. 1 zu Schedule 13D berichtet, dass die meldenden Personen am 26. August 2025 eine Aktienkaufvereinbarung (Share Purchase Agreement) abgeschlossen haben, wonach Grand Pro Development Limited und Profit Sail SAS Holdings Company Limited zusammen 15.534.000 Stammaktien der PS International Group Ltd. veräußert haben. Die Einreichung führt den Verkaufspreis jüngster Transaktionen mit $0,308 pro Aktie auf und gibt an, dass Grand Pro 13.534.000 Aktien und Profit Sail 2.000.000 Aktien verkauft hat. Die Titelseiten zeigen, dass jede meldende Person jetzt wirtschaftlich 0 Stammaktien besitzt, was 0% der Klasse entspricht. Der Nachtrag fügt eine gemeinsame Einreichungsvereinbarung und die Aktienkaufvereinbarung als Anhänge bei und übernimmt ansonsten frühere Schedule-13D-Angaben.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Grand Pro Development Limited
Signature:/s/ Yee Kit Chan
Name/Title:Yee Kit Chan/Director
Date:09/04/2025
Profit Sail SAS Holdings Company Limited
Signature:/s/ Yee Kit Chan
Name/Title:Yee Kit Chan/Director
Date:09/04/2025
Yee Kit Chan
Signature:/s/ Yee Kit Chan
Name/Title:Yee Kit Chan
Date:09/04/2025

FAQ

What did the Schedule 13D/A for PSIG disclose about share sales?

The amendment discloses that Grand Pro Development Limited and Profit Sail SAS Holdings Company Limited sold an aggregate of 15,534,000 ordinary shares of PS International Group Ltd.

How many shares did Grand Pro and Profit Sail each sell under the agreement?

Grand Pro sold 13,534,000 shares and Profit Sail sold 2,000,000 shares.

At what price were the recent share sales reported in the filing?

The filing reports recent sales at $0.308 per share.

What is the reporting persons' ownership after the transactions?

The cover pages state each reporting person beneficially owns 0 ordinary shares, representing 0% of the class.

Does the amendment include supporting documents?

Yes, the amendment states that a Share Purchase Agreement is attached as Exhibit 99.2 and a Joint Filing Agreement as Exhibit 99.1.
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