Scage Future director reports 3.9M share holding
Scage Future director Guo Yuanchi has filed an initial ownership report showing indirect control of 3,903,900 Ordinary Shares.
Rhea-AI Filing Summary
Scage Future director Guo Yuanchi has filed an initial ownership report showing indirect control of 3,903,900 Ordinary Shares. These shares are held through Three Action Brothers Limited, a British Virgin Islands company wholly owned by Mr. Guo.
The filing also notes an acting-in-concert agreement among several shareholder entities entered in August 2024 and effective on June 24, 2025. Under this agreement, if the parties cannot unanimously agree on voting matters, a decision by Mr. Gao, as sole owner of Upward Stars Group Limited, becomes binding on all parties.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. Represents 3,903,900 Ordinary Shares held by Three Action Brothers Limited, a British Virgin Islands company wholly owned by Mr. Yuanchi Guo. In August 2024, Upward Stars Group Limited, Two Courage Brothers Limited, Three Action Brothers Limited, Victorious Lights Holding Limited, Five Epic Brothers Limited and Four Genuine Brothers Limited entered into an acting-in-concert agreement, which has become effective on June 24, 2025. Pursuant to the acting-in-concert agreement, the parties agree to vote on the matters that require action in concert, and if the parties thereof are unable to reach a unanimous opinion in relation to such matters, a decision that is made by Mr. Gao as the sole owner of Upward Stars Group Limited shall be deemed as a decision that is unanimously passed and agreed by the parties and shall be binding on the parties.
Key Figures
Key Terms
acting-in-concert agreement regulatory
indirect financial
British Virgin Islands company other
FAQ
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What does Scage Future (SCAG) director Guo Yuanchi report on this Form 3?
What is the acting-in-concert agreement mentioned for Scage Future (SCAG)?
Who ultimately makes binding voting decisions under Scage Future’s acting-in-concert agreement?
Is director Guo Yuanchi’s ownership in Scage Future (SCAG) direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.