Welcome to our dedicated page for Cloopen Group Holding SEC filings (Ticker: RAASY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Cloopen Group Holding Limited (OTC: RAASY) SEC filings page on Stock Titan provides access to the company’s public disclosures as a foreign private issuer. Cloopen files annual reports on Form 20-F with the U.S. Securities and Exchange Commission, which include audited financial statements and detailed information about its business as a multi-capability cloud-based communications solution provider in China.
Through its filings, investors can review Cloopen’s description of its cloud-based communications solutions, including CPaaS, cloud-based contact centers, and cloud-based unified communications and collaborations, along with risk factors, corporate governance information, and other required disclosures. The company’s Form 20-F filings for multiple fiscal years have been highlighted in its press releases, underscoring their role as the primary source of its audited financial information.
Cloopen also uses Form 6-K current reports to furnish material information to the SEC, such as press releases on key corporate events. Recent 6-K filings have attached press releases regarding the formation of a special committee to evaluate a preliminary non-binding going private proposal, the appointment of an independent financial advisor and U.S. legal counsel to that committee, and other corporate updates.
Regulatory matters are another important theme in Cloopen’s filing history. In February 2024, the company announced a settlement with the SEC related to employee misconduct and transaction irregularities, describing remedial measures and the terms of a cease-and-desist order. In October 2023, Cloopen reported that it received the NYSE’s final delisting determination and expected a Form 25 to be filed to strike its ADSs from listing and registration, while noting that its ADSs remained quoted on the over-the-counter market under RAASY.
On Stock Titan, these filings are supplemented with AI-powered summaries that help explain the content and implications of lengthy documents such as Form 20-F and Form 6-K. Users can quickly understand the main points of Cloopen’s reports, track changes over time, and identify filings related to topics such as annual reporting, listing status, governance changes, and regulatory settlements, without reading every page in full.
Cloopen Group Holding Ltd’s chief executive officer, Sun Changxun, filed an initial ownership report showing sizeable indirect stakes in the company. The filing reports indirect ownership of 25,649,839 Class B Ordinary Shares held by Cloopen Co., Ltd., a company wholly-owned by Mr. Sun.
It also reports 2,000,000 Class A Ordinary Shares held by Flawless Success Limited, which acts as a nominee for an employee trust benefiting grantees under Cloopen’s share incentive plans. This Form 3 does not reflect new purchases or sales, but discloses existing positions and related holding structures.
Cloopen Group Holding Limited reported changes to its Board of Directors and Compensation Committee, effective February 5, 2026. Two directors, Qingsheng Zheng and Ye Yuan, have resigned from the Board for personal reasons and stated they have no disagreements with the company on operations, policies, or practices.
The Board has approved the re-appointment of both Mr. Zheng and Mr. Yuan as directors, which will become effective once the Board receives their duly executed consents to act. Separately, Ye Yuan resigned from the Compensation Committee, and current director Pengfei Yuan was appointed to that committee, both actions effective February 5, 2026.
Cloopen Group Holding Limited has received a preliminary going‑private proposal from a consortium led by Trustbridge funds and major shareholder Changxun Sun. The group proposes to acquire all outstanding ordinary shares and ADSs they do not already beneficially own for approximately the US dollar equivalent of RMB 1,100 million, at US$0.4940 per share or US$2.9641 per ADS, in cash.
As of December 22, 2025, Trustbridge-related entities beneficially own 38,474,611 Class A ordinary shares, or 12.19% of the ordinary shares and about 7.04% of voting power. Mr. Sun and his entities beneficially own 27,649,839 ordinary shares, or 8.76% of the ordinary shares and about 47.3% of voting power, largely through Class B shares with ten votes each. The proposal is non‑binding and subject to negotiation and execution of definitive agreements and financing, and neither the consortium nor the company is obligated to complete the transaction.