Cloopen (RAASY) director discloses 36,666 ADS held via family trust
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cloopen Group Holding Ltd director Gao Ziguang has filed an initial ownership report showing indirect holdings in the company. The filing reports 36,666 American Depositary Shares, each representing six Class A ordinary shares, held indirectly through Marnik Ltd., a family trust where he and his wife are co-beneficiaries and trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gao Ziguang
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | ADS (each ADS represents six Class A Ordinary Shares) | -- | -- | -- |
Holdings After Transaction:
ADS (each ADS represents six Class A Ordinary Shares) — 36,666 shares (Indirect, By Marnik Ltd., a family trust with Ziguang GAO and his wife as co-beneficiaries and trustees)
Footnotes (1)
FAQ
What does Gao Ziguang’s Form 3 filing for RAASY report?
The Form 3 reports initial beneficial ownership in Cloopen Group Holding Ltd. It shows 36,666 ADS held indirectly through a family trust, establishing Gao Ziguang’s starting equity position as a director in the company’s securities.
How many Cloopen (RAASY) ADS does Gao Ziguang indirectly hold?
The filing discloses 36,666 ADS indirectly held. Each ADS represents six Class A ordinary shares, and the position is reported as being held via Marnik Ltd., a family trust where Gao and his wife are co-beneficiaries and trustees.
Is Gao Ziguang’s RAASY Form 3 a buy or sell transaction?
The Form 3 is not a buy or sell report. It is an initial statement of beneficial ownership, listing existing indirect holdings of 36,666 ADS through a family trust, with no new purchase or sale transaction disclosed in this filing.
What type of security does the RAASY Form 3 identify for Gao Ziguang?
The Form 3 identifies ADS as the security type, with each ADS representing six Class A ordinary shares of Cloopen Group Holding Ltd. The filing specifies 36,666 ADS held indirectly via the family trust Marnik Ltd.