iTonic (ITOC) CEO Zhang Jianfei discloses major Class A and B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
iTonic Holdings Ltd director and CEO Zhang Jianfei has filed an initial statement of ownership. The filing shows direct ownership of 33,346 Class A Ordinary Shares. It also reports indirect ownership of 7,668,000 Class B Ordinary Shares held through ZJW (BVI) LTD, where Zhang is the sole shareholder and director. No new purchases or sales are reported; this document mainly establishes Zhang’s status as a major shareholder and executive of iTonic Holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zhang Jianfei
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares, par value $0.0001 per share | -- | -- | -- |
| holding | Class B Ordinary Shares, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.0001 per share — 33,346 shares (Direct);
Class B Ordinary Shares, par value $0.0001 per share — 7,668,000 shares (Indirect, Through ZJW (BVI) LTD)
Footnotes (1)
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Key Figures
Direct Class A holdings: 33,346 shares
Indirect Class B holdings: 7,668,000 shares
Holding entries: 2 entries
3 metrics
Direct Class A holdings
33,346 shares
Class A Ordinary Shares held directly by Zhang Jianfei
Indirect Class B holdings
7,668,000 shares
Class B Ordinary Shares held through ZJW (BVI) LTD
Holding entries
2 entries
Two holding records reported, one direct and one indirect
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, indirect ownership, beneficial ownership, +1 more
5 terms
indirect ownership financial
"direct_or_indirect": "I","nature_of_ownership": "Through ZJW (BVI) LTD""
beneficial ownership financial
"initial statement of ownership by a 10% owner and executive"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
par value financial
"par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What does Zhang Jianfei’s Form 3 filing show for iTonic Holdings (ITOC)?
The Form 3 filing shows initial beneficial ownership by CEO and director Zhang Jianfei. He directly holds 33,346 Class A Ordinary Shares and indirectly holds 7,668,000 Class B Ordinary Shares through ZJW (BVI) LTD, confirming his role as a major shareholder.
Does the iTonic Holdings (ITOC) Form 3 show any insider buying or selling?
No, the Form 3 does not show any insider purchases or sales. It is an initial ownership statement listing Zhang Jianfei’s existing direct and indirect holdings in Class A and Class B Ordinary Shares, without reporting new transactions or price information.
How is Zhang Jianfei’s indirect ownership in iTonic Holdings (ITOC) structured?
His indirect ownership is held through ZJW (BVI) LTD. The footnote explains that ZJW (BVI) LTD directly holds the Class B shares and Zhang is its 100% shareholder and director, so those 7,668,000 Class B shares are attributed to him.