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Southern Cross II CEO reports 15,000 shares

Southern Cross Acquisition II Corp. (SCATU) filed an initial ownership report for its Chief Executive Officer and director, Ally Tong Zhang.

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Southern Cross Acquisition II Corp. (SCATU) filed an initial ownership report for its Chief Executive Officer and director, Ally Tong Zhang. A sponsor entity transferred 15,000 Ordinary Shares of Southern Cross Acquisition II Corp. to Ally Tong Zhang on or around August 25, 2026, and Zhang now directly owns these 15,000 Ordinary Shares.

Positive

  • None.

Negative

  • None.
Insider Zhang Ally Tong
Role Chief Executive Officer
Type Security Shares Price Value
holding Ordinary Shares F1 -- -- --
Holdings After Transaction: Ordinary Shares — 15,000 shares (Direct)
Footnotes (1)
  1. F1. On or around August 25, 2026, Southern Cross Acquisition II Sponsor Corp. transferred 15,000 ordinary shares of Southern Cross Acquisition II Corp. (the "Issuer") to Ally Tong Zhang. As a result, Ally Tong Zhang directly owns 15,000 ordinary shares of the Issuer.
Ordinary Shares directly owned 15,000 shares Direct ownership by Ally Tong Zhang after sponsor transfer
Transfer date On or around August 25, 2026 Date the sponsor transferred 15,000 Ordinary Shares to Ally Tong Zhang
Insider roles Director; Chief Executive Officer Positions held by Ally Tong Zhang at Southern Cross Acquisition II Corp.
Ordinary Shares financial
"transferred 15,000 ordinary shares of Southern Cross Acquisition II Corp."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Chief Executive Officer other
"Ally Tong Zhang is reported as both a director and the Chief Executive Officer"
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
Form 3 regulatory
"filed an initial ownership report for its Chief Executive Officer on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

FAQ

What insider ownership was reported for SCATU’s CEO Ally Tong Zhang on this Form 3?

The filing reports that Ally Tong Zhang directly owns 15,000 Ordinary Shares of Southern Cross Acquisition II Corp., received via a transfer from Southern Cross Acquisition II Sponsor Corp. on or around August 25, 2026.

How did Ally Tong Zhang acquire the 15,000 SCATU shares reported on Form 3?

Southern Cross Acquisition II Sponsor Corp. transferred 15,000 Ordinary Shares of Southern Cross Acquisition II Corp. to Ally Tong Zhang on or around August 25, 2026, resulting in Zhang’s direct ownership of those shares.

Does the Form 3 for SCATU indicate any recent buy or sell transactions by Ally Tong Zhang?

No specific buy or sell transaction is identified. The Form 3 reports direct ownership of 15,000 Ordinary Shares following a transfer from the sponsor, without characterizing it as a market purchase or sale.

What is Ally Tong Zhang’s role at Southern Cross Acquisition II Corp. (SCATU)?

Ally Tong Zhang is reported as both a director and the Chief Executive Officer of Southern Cross Acquisition II Corp. on this Form 3.

Are the 15,000 SCATU shares held directly or indirectly by Ally Tong Zhang?

The Form 3 states that Ally Tong Zhang directly owns 15,000 Ordinary Shares of Southern Cross Acquisition II Corp., following the transfer from Southern Cross Acquisition II Sponsor Corp.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Zhang Ally Tong

(Last)(First)(Middle)
C/O SOUTHERN CROSS ACQUISITION II CORP.
1412 BROADWAY, 21ST FLOOR, SUITE 21V

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
08/25/2026
3. Issuer Name and Ticker or Trading Symbol
Southern Cross Acquisition II Corp. [ SCAT ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares15,000(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On or around August 25, 2026, Southern Cross Acquisition II Sponsor Corp. transferred 15,000 ordinary shares of Southern Cross Acquisition II Corp. (the "Issuer") to Ally Tong Zhang. As a result, Ally Tong Zhang directly owns 15,000 ordinary shares of the Issuer.
/s/ Ally Tong Zhang08/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)