[SCHEDULE 13D/A] Raytech Holding Limited SEC Filing
The filing amends a prior Schedule 13G to report that Tim Hoi Ching, the CEO, Chairman and a director of Raytech Holding Limited, sold 4,971,158 ordinary shares in open-market transactions on August 27-28, 2025. After these sales he reports beneficial ownership of 7,828,842 ordinary shares, representing 18.0% of the 43,598,083 shares outstanding. The stated reason for the sales was personal portfolio rebalancing and to generate additional cash flow. No related contracts, arrangements, or legal proceedings are disclosed and the sales were made for purchasers with personal funds.
La comunicazione modifica un precedente Schedule 13G per segnalare che Tim Hoi Ching, amministratore delegato, presidente e membro del consiglio di Raytech Holding Limited, ha venduto 4.971.158 azioni ordinarie in operazioni sul mercato aperto il 27-28 agosto 2025. Dopo queste vendite dichiara la proprietà beneficiaria di 7.828.842 azioni ordinarie, pari al 18,0% delle 43.598.083 azioni in circolazione. La motivazione dichiarata per le vendite è stata il riequilibrio del portafoglio personale e la generazione di liquidità aggiuntiva. Non sono riportati contratti, accordi o procedimenti legali correlati e le vendite sono state effettuate per acquirenti con fondi personali.
La presentación modifica un Schedule 13G previo para informar que Tim Hoi Ching, director ejecutivo, presidente y miembro del consejo de Raytech Holding Limited, vendió 4,971,158 acciones ordinarias en transacciones de mercado abierto los días 27 y 28 de agosto de 2025. Tras estas ventas declara la propiedad beneficiaria de 7,828,842 acciones ordinarias, que representan el 18.0% de las 43,598,083 acciones en circulación. La razón declarada para las ventas fue el reajuste de su cartera personal y obtener flujo de caja adicional. No se revelan contratos, acuerdos ni procedimientos legales relacionados y las ventas se realizaron a compradores con fondos personales.
본 제출서는 이전 Schedule 13G를 수정하여 Raytech Holding Limited의 최고경영자(CEO), 회장 및 이사인 Tim Hoi Ching이 2025년 8월 27~28일 장내거래로 보통주 4,971,158주를 매각했음을 보고합니다. 이번 매각 이후 그는 7,828,842주의 보유(실질적 소유권)를 보유하고 있다고 보고했으며, 이는 총 발행주식 43,598,083주의 18.0%에 해당합니다. 매도 사유로는 개인 포트폴리오 재조정 및 추가 현금흐름 확보가 명시되어 있습니다. 관련 계약, 합의 또는 법적 절차는 공개되지 않았으며 매각은 개인 자금으로 거래한 구매자들을 대상으로 이루어졌습니다.
Le dépôt modifie un Schedule 13G antérieur pour signaler que Tim Hoi Ching, PDG, président et administrateur de Raytech Holding Limited, a vendu 4,971,158 actions ordinaires lors de transactions sur le marché ouvert les 27 et 28 août 2025. Après ces ventes, il déclare la propriété bénéficiaire de 7,828,842 actions ordinaires, représentant 18.0% des 43,598,083 actions en circulation. Le motif déclaré des ventes est le rééquilibrage de son portefeuille personnel et la génération de liquidités supplémentaires. Aucun contrat, accord ou procédure judiciaire lié n'est divulgué et les ventes ont été effectuées en faveur d'acheteurs disposant de fonds personnels.
Die Einreichung ändert ein zuvor eingereichtes Schedule 13G und berichtet, dass Tim Hoi Ching, CEO, Vorsitzender und Direktor von Raytech Holding Limited, am 27. und 28. August 2025 insgesamt 4,971,158 Stammaktien in freien Markttransaktionen verkauft hat. Nach diesen Verkäufen gibt er den wirtschaftlichen Eigentum an 7,828,842 Stammaktien an, was 18.0% der 43,598,083 ausstehenden Aktien entspricht. Als angegebener Grund für die Verkäufe wurden die Neugewichtung des persönlichen Portfolios und die Erzielung zusätzlicher Liquidität genannt. Es werden keine damit verbundenen Verträge, Vereinbarungen oder Rechtsverfahren offengelegt, und die Verkäufe erfolgten zugunsten von Käufern mit eigenen Mitteln.
- Full disclosure of the insider sales with dates and exact share counts
- Reporting person remains a significant holder with 7,828,842 shares (18.0%) after the transactions
- Stated purpose is routine portfolio rebalancing and cash generation, not a disclosed dispute or litigation
- Substantial reduction in insider ownership—4,971,158 shares sold—which may be viewed negatively by some investors
- Amendment from Schedule 13G to 13D/A signals a material change in ownership requiring heightened disclosure
Insights
TL;DR Insider and CEO sold a material block, lowering his stake to 18%, disclosed as portfolio rebalancing.
The CEO and chairman executing open-market sales that reduce his stake to 18% is a notable governance signal that warrants investor attention. The filing is routine in form: it amends a prior Schedule 13G to a 13D/A to reflect a change in ownership and reports the aggregate sales amount and dates. The stated purpose is personal portfolio management and cash generation, and no agreements or side arrangements are disclosed. That transparency conforms with reporting obligations, but the reduction in an insider's stake could affect perceptions of alignment between management and shareholders.
TL;DR Material open-market dispositions of 4.97 million shares were completed over two days; remaining ownership is 7.83 million shares (18%).
The report quantifies the transactions precisely: 4,971,158 shares sold on August 27-28, 2025, leaving beneficial ownership of 7,828,842 shares out of 43,598,083 total. The disclosure identifies the sales as open-market transactions funded by purchasers' personal funds and classifies the source of funds for the reporting person as personal funds (PF). There are no disclosed legal issues or contractual arrangements. For market analysis, the immediacy and size of the sale are material facts but the filing does not indicate any change to company operations or control.
La comunicazione modifica un precedente Schedule 13G per segnalare che Tim Hoi Ching, amministratore delegato, presidente e membro del consiglio di Raytech Holding Limited, ha venduto 4.971.158 azioni ordinarie in operazioni sul mercato aperto il 27-28 agosto 2025. Dopo queste vendite dichiara la proprietà beneficiaria di 7.828.842 azioni ordinarie, pari al 18,0% delle 43.598.083 azioni in circolazione. La motivazione dichiarata per le vendite è stata il riequilibrio del portafoglio personale e la generazione di liquidità aggiuntiva. Non sono riportati contratti, accordi o procedimenti legali correlati e le vendite sono state effettuate per acquirenti con fondi personali.
La presentación modifica un Schedule 13G previo para informar que Tim Hoi Ching, director ejecutivo, presidente y miembro del consejo de Raytech Holding Limited, vendió 4,971,158 acciones ordinarias en transacciones de mercado abierto los días 27 y 28 de agosto de 2025. Tras estas ventas declara la propiedad beneficiaria de 7,828,842 acciones ordinarias, que representan el 18.0% de las 43,598,083 acciones en circulación. La razón declarada para las ventas fue el reajuste de su cartera personal y obtener flujo de caja adicional. No se revelan contratos, acuerdos ni procedimientos legales relacionados y las ventas se realizaron a compradores con fondos personales.
본 제출서는 이전 Schedule 13G를 수정하여 Raytech Holding Limited의 최고경영자(CEO), 회장 및 이사인 Tim Hoi Ching이 2025년 8월 27~28일 장내거래로 보통주 4,971,158주를 매각했음을 보고합니다. 이번 매각 이후 그는 7,828,842주의 보유(실질적 소유권)를 보유하고 있다고 보고했으며, 이는 총 발행주식 43,598,083주의 18.0%에 해당합니다. 매도 사유로는 개인 포트폴리오 재조정 및 추가 현금흐름 확보가 명시되어 있습니다. 관련 계약, 합의 또는 법적 절차는 공개되지 않았으며 매각은 개인 자금으로 거래한 구매자들을 대상으로 이루어졌습니다.
Le dépôt modifie un Schedule 13G antérieur pour signaler que Tim Hoi Ching, PDG, président et administrateur de Raytech Holding Limited, a vendu 4,971,158 actions ordinaires lors de transactions sur le marché ouvert les 27 et 28 août 2025. Après ces ventes, il déclare la propriété bénéficiaire de 7,828,842 actions ordinaires, représentant 18.0% des 43,598,083 actions en circulation. Le motif déclaré des ventes est le rééquilibrage de son portefeuille personnel et la génération de liquidités supplémentaires. Aucun contrat, accord ou procédure judiciaire lié n'est divulgué et les ventes ont été effectuées en faveur d'acheteurs disposant de fonds personnels.
Die Einreichung ändert ein zuvor eingereichtes Schedule 13G und berichtet, dass Tim Hoi Ching, CEO, Vorsitzender und Direktor von Raytech Holding Limited, am 27. und 28. August 2025 insgesamt 4,971,158 Stammaktien in freien Markttransaktionen verkauft hat. Nach diesen Verkäufen gibt er den wirtschaftlichen Eigentum an 7,828,842 Stammaktien an, was 18.0% der 43,598,083 ausstehenden Aktien entspricht. Als angegebener Grund für die Verkäufe wurden die Neugewichtung des persönlichen Portfolios und die Erzielung zusätzlicher Liquidität genannt. Es werden keine damit verbundenen Verträge, Vereinbarungen oder Rechtsverfahren offengelegt, und die Verkäufe erfolgten zugunsten von Käufern mit eigenen Mitteln.
FAQ
How many Raytech (RAY) shares did Tim Hoi Ching sell?
What percentage of Raytech (RAY) does Tim Hoi Ching own after the sales?
Why did the insider sell Raytech (RAY) shares?
Were the sales part of a private transaction or open-market trades?
Does the Schedule 13D/A report any contracts or legal proceedings related to the sales?
