Southern Cross II director holds 10,000 shares
Southern Cross Acquisition II Corp. (SCATU) reported that director Zhiqiang Du is a beneficial owner of its equity.
Rhea-AI Filing Summary
Southern Cross Acquisition II Corp. (SCATU) reported that director Zhiqiang Du is a beneficial owner of its equity. A sponsor entity, Southern Cross Acquisition II Sponsor Corp., transferred 10,000 Ordinary Shares of Southern Cross Acquisition II Corp. to Zhiqiang Du on or around August 25, 2026, and he now directly owns these 10,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Du Zhiqiang
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares F1 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 10,000 shares (Direct)
Footnotes (1)
- F1. On or around August 25, 2026, Southern Cross Acquisition II Sponsor Corp. transferred 10,000 ordinary shares of Southern Cross Acquisition II Corp. (the "Issuer") to Zhiqiang Du. As a result, Zhiqiang Du directly owns 10,000 ordinary shares of the Issuer.
Key Figures
Ordinary Shares directly owned: 10,000 shares
1 metrics
Ordinary Shares directly owned
10,000 shares
Direct holdings of director Zhiqiang Du after transfer from sponsor, on or around August 25, 2026
Key Terms
Ordinary Shares
1 terms
FAQ
What does this Form 3 disclose about Southern Cross Acquisition II Corp. (SCATU)?
The filing discloses that director Zhiqiang Du is a beneficial owner of equity in Southern Cross Acquisition II Corp., directly holding 10,000 Ordinary Shares that were transferred to him by Southern Cross Acquisition II Sponsor Corp. on or around August 25, 2026.
Is Zhiqiang Du a director or a ten percent owner of Southern Cross Acquisition II Corp. (SCATU)?
Zhiqiang Du is identified as a director of Southern Cross Acquisition II Corp. and is not classified as a ten percent owner in this Form 3, while directly holding 10,000 Ordinary Shares.
Does the Form 3 for SCATU report any recent insider trades by Zhiqiang Du?
The Form 3 primarily reports holdings, not trading activity. It shows that Zhiqiang Du directly owns 10,000 Ordinary Shares following a transfer from Southern Cross Acquisition II Sponsor Corp., without detailing a buy or sell transaction by him on the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.