STOCK TITAN

[8-K] Singularity Future Technology Ltd. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Codexis, Inc. (CDXS) received a Form 4 filing from Opaleye Management Inc., a 10% beneficial owner, detailing an open-market purchase completed on 27 June 2025.

  • Transaction: 100,000 shares of Codexis common stock were purchased (Code P) at an average price of $2.39 per share.
  • Post-transaction holdings: Opaleye now reports 12,350,000 shares held indirectly through Opaleye, L.P. and an additional 250,000 shares in a separately managed account, bringing total reported beneficial ownership to 12.6 million shares.
  • Ownership form: All shares are reported as indirect (Form I); the investment manager disclaims beneficial ownership beyond its pecuniary interest.
  • Reporting party status: Opaleye is classified as a 10% owner; no board or executive role is indicated.

The filing signals incremental insider accumulation by a large shareholder. While the 100 k-share purchase is modest relative to the 12.35 million-share position, fresh buying can be interpreted by investors as a vote of confidence in Codexis at current price levels. No derivative transactions, sales or options were disclosed in this filing.

Codexis, Inc. (CDXS) ha ricevuto una comunicazione Form 4 da parte di Opaleye Management Inc., un azionista con una partecipazione del 10%, che dettaglia un acquisto sul mercato aperto completato il 27 giugno 2025.

  • Transazione: 100.000 azioni ordinarie di Codexis sono state acquistate (Codice P) a un prezzo medio di 2,39 $ per azione.
  • Partecipazioni post-transazione: Opaleye riporta ora 12.350.000 azioni detenute indirettamente tramite Opaleye, L.P. e ulteriori 250.000 azioni in un conto gestito separatamente, portando la partecipazione totale dichiarata a 12,6 milioni di azioni.
  • Forma di proprietà: Tutte le azioni sono segnalate come indirette (Modulo I); il gestore degli investimenti declina la proprietà effettiva oltre il suo interesse pecuniario.
  • Stato del soggetto segnalante: Opaleye è classificata come azionista al 10%; non è indicato alcun ruolo nel consiglio o esecutivo.

La comunicazione indica un accumulo incrementale da parte di un grande azionista interno. Sebbene l'acquisto di 100.000 azioni sia modesto rispetto alla posizione di 12,35 milioni di azioni, il nuovo acquisto può essere interpretato dagli investitori come un segnale di fiducia in Codexis ai livelli di prezzo attuali. Non sono state divulgate transazioni derivati, vendite o opzioni in questa comunicazione.

Codexis, Inc. (CDXS) recibió una presentación Formulario 4 de Opaleye Management Inc., un propietario beneficiario del 10%, detallando una compra en el mercado abierto completada el 27 de junio de 2025.

  • Transacción: Se compraron 100,000 acciones ordinarias de Codexis (Código P) a un precio promedio de $2.39 por acción.
  • Participaciones tras la transacción: Opaleye reporta ahora 12,350,000 acciones mantenidas indirectamente a través de Opaleye, L.P. y otras 250,000 acciones en una cuenta gestionada por separado, sumando una propiedad beneficiaria total reportada de 12.6 millones de acciones.
  • Forma de propiedad: Todas las acciones se reportan como indirectas (Formulario I); el gestor de inversiones renuncia a la propiedad beneficiaria más allá de su interés pecuniario.
  • Estado del informante: Opaleye está clasificada como un propietario del 10%; no se indica ningún rol en la junta o ejecutivo.

La presentación señala una acumulación incremental por parte de un gran accionista interno. Aunque la compra de 100,000 acciones es modesta en relación con la posición de 12.35 millones de acciones, la compra reciente puede ser interpretada por los inversores como un voto de confianza en Codexis a los niveles actuales de precio. No se divulgaron transacciones de derivados, ventas u opciones en esta presentación.

Codexis, Inc. (CDXS)는 10%의 실질 소유자인 Opaleye Management Inc.로부터 2025년 6월 27일에 완료된 공개 시장 매수 내역을 상세히 담은 Form 4 신고를 받았습니다.

  • 거래 내역: Codexis 보통주 100,000주를 주당 평균 가격 $2.39매수(코드 P)하였습니다.
  • 거래 후 보유 현황: Opaleye는 Opaleye, L.P.를 통해 간접적으로 12,350,000주를 보유하고 있으며 별도로 관리되는 계좌에서 추가로 250,000주를 보유하여 총 1,260만 주의 실질 소유를 보고했습니다.
  • 소유 형태: 모든 주식은 간접 소유(Form I)로 보고되었으며, 투자 매니저는 금전적 이익 이상의 실질 소유권을 부인합니다.
  • 보고자 지위: Opaleye는 10% 소유자로 분류되며 이사회나 임원 역할은 명시되지 않았습니다.

이번 신고는 대주주 내부자의 점진적 매수 신호를 나타냅니다. 12,350,000주 보유에 비해 10만 주 매수는 적은 편이지만, 신규 매수는 투자자들에게 현재 가격 수준에서 Codexis에 대한 신뢰의 표시로 해석될 수 있습니다. 이번 신고에는 파생상품 거래, 매도 또는 옵션 거래는 포함되지 않았습니다.

Codexis, Inc. (CDXS) a reçu un dépôt Formulaire 4 de la part de Opaleye Management Inc., un détenteur bénéficiaire de 10%, détaillant un achat sur le marché ouvert réalisé le 27 juin 2025.

  • Transaction : 100 000 actions ordinaires de Codexis ont été achetées (Code P) à un prix moyen de 2,39 $ par action.
  • Participations après transaction : Opaleye déclare désormais détenir indirectement 12 350 000 actions via Opaleye, L.P. ainsi que 250 000 actions supplémentaires dans un compte géré séparément, portant la propriété bénéficiaire totale déclarée à 12,6 millions d’actions.
  • Forme de propriété : Toutes les actions sont déclarées comme indirectes (Formulaire I) ; le gestionnaire d’investissement décline toute propriété bénéficiaire au-delà de son intérêt pécuniaire.
  • Statut de la partie déclarante : Opaleye est classé comme un détenteur de 10% ; aucun rôle au conseil ou exécutif n’est indiqué.

Ce dépôt signale une accumulation progressive d’initiés par un grand actionnaire. Bien que l’achat de 100 000 actions soit modeste par rapport à la position de 12,35 millions d’actions, ce nouvel achat peut être interprété par les investisseurs comme un vote de confiance en Codexis aux niveaux de prix actuels. Aucune transaction dérivée, vente ou option n’a été divulguée dans ce dépôt.

Codexis, Inc. (CDXS) erhielt eine Form-4-Meldung von Opaleye Management Inc., einem 10%igen wirtschaftlichen Eigentümer, die einen am 27. Juni 2025 abgeschlossenen Kauf am offenen Markt detailliert.

  • Transaktion: 100.000 Aktien der Codexis-Stammaktien wurden zu einem Durchschnittspreis von 2,39 $ pro Aktie gekauft (Code P).
  • Bestände nach der Transaktion: Opaleye meldet nun 12.350.000 Aktien, die indirekt über Opaleye, L.P. gehalten werden, sowie weitere 250.000 Aktien in einem separat verwalteten Konto, was eine insgesamt gemeldete wirtschaftliche Eigentümerschaft von 12,6 Millionen Aktien ergibt.
  • Form der Eigentümerschaft: Alle Aktien werden als indirekt (Formular I) gemeldet; der Investmentmanager lehnt eine wirtschaftliche Eigentümerschaft über sein finanzielles Interesse hinaus ab.
  • Status der meldenden Partei: Opaleye wird als 10% Eigentümer eingestuft; keine Vorstand- oder Führungsfunktion angegeben.

Die Meldung signalisiert eine inkrementelle Insider-Akkumulation durch einen Großaktionär. Obwohl der Kauf von 100.000 Aktien im Verhältnis zur Position von 12,35 Millionen Aktien gering ist, kann der frische Kauf von Investoren als Vertrauensbeweis in Codexis zu den aktuellen Kursniveaus interpretiert werden. Keine Derivatgeschäfte, Verkäufe oder Optionen wurden in dieser Meldung offengelegt.

Positive
  • 10% owner purchased 100,000 shares at $2.39, signalling confidence and raising total indirect stake to 12.35 million shares.
Negative
  • None.

Insights

TL;DR 10% owner Opaleye adds 100 k shares, lifting indirect stake to 12.35 m; modest but positive insider-buy signal.

Analysis: The $2.39 purchase price sits near recent lows, implying the investor views shares as undervalued. Although the incremental buy represents less than 1% of Opaleye’s existing position, continued accumulation by a fund already above the 10% threshold can bolster market sentiment. No sales or hedges were reported, reducing concerns of near-term distribution. Absent earnings data, the purchase is a standalone bullish indicator rather than confirmation of fundamental improvement.

TL;DR Additional indirect insider purchase strengthens alignment but retains disclaimer of true beneficial ownership.

The filing underscores sustained economic exposure by Opaleye without altering governance dynamics—no board seat, no direct control. Indirect holding structure limits transparency, yet repeated open-market buying typically aligns interests with minority shareholders. The absence of derivative grants or preferential terms suggests market-rate acquisition, lowering agency-risk concerns. Overall governance impact: mildly positive.

Codexis, Inc. (CDXS) ha ricevuto una comunicazione Form 4 da parte di Opaleye Management Inc., un azionista con una partecipazione del 10%, che dettaglia un acquisto sul mercato aperto completato il 27 giugno 2025.

  • Transazione: 100.000 azioni ordinarie di Codexis sono state acquistate (Codice P) a un prezzo medio di 2,39 $ per azione.
  • Partecipazioni post-transazione: Opaleye riporta ora 12.350.000 azioni detenute indirettamente tramite Opaleye, L.P. e ulteriori 250.000 azioni in un conto gestito separatamente, portando la partecipazione totale dichiarata a 12,6 milioni di azioni.
  • Forma di proprietà: Tutte le azioni sono segnalate come indirette (Modulo I); il gestore degli investimenti declina la proprietà effettiva oltre il suo interesse pecuniario.
  • Stato del soggetto segnalante: Opaleye è classificata come azionista al 10%; non è indicato alcun ruolo nel consiglio o esecutivo.

La comunicazione indica un accumulo incrementale da parte di un grande azionista interno. Sebbene l'acquisto di 100.000 azioni sia modesto rispetto alla posizione di 12,35 milioni di azioni, il nuovo acquisto può essere interpretato dagli investitori come un segnale di fiducia in Codexis ai livelli di prezzo attuali. Non sono state divulgate transazioni derivati, vendite o opzioni in questa comunicazione.

Codexis, Inc. (CDXS) recibió una presentación Formulario 4 de Opaleye Management Inc., un propietario beneficiario del 10%, detallando una compra en el mercado abierto completada el 27 de junio de 2025.

  • Transacción: Se compraron 100,000 acciones ordinarias de Codexis (Código P) a un precio promedio de $2.39 por acción.
  • Participaciones tras la transacción: Opaleye reporta ahora 12,350,000 acciones mantenidas indirectamente a través de Opaleye, L.P. y otras 250,000 acciones en una cuenta gestionada por separado, sumando una propiedad beneficiaria total reportada de 12.6 millones de acciones.
  • Forma de propiedad: Todas las acciones se reportan como indirectas (Formulario I); el gestor de inversiones renuncia a la propiedad beneficiaria más allá de su interés pecuniario.
  • Estado del informante: Opaleye está clasificada como un propietario del 10%; no se indica ningún rol en la junta o ejecutivo.

La presentación señala una acumulación incremental por parte de un gran accionista interno. Aunque la compra de 100,000 acciones es modesta en relación con la posición de 12.35 millones de acciones, la compra reciente puede ser interpretada por los inversores como un voto de confianza en Codexis a los niveles actuales de precio. No se divulgaron transacciones de derivados, ventas u opciones en esta presentación.

Codexis, Inc. (CDXS)는 10%의 실질 소유자인 Opaleye Management Inc.로부터 2025년 6월 27일에 완료된 공개 시장 매수 내역을 상세히 담은 Form 4 신고를 받았습니다.

  • 거래 내역: Codexis 보통주 100,000주를 주당 평균 가격 $2.39매수(코드 P)하였습니다.
  • 거래 후 보유 현황: Opaleye는 Opaleye, L.P.를 통해 간접적으로 12,350,000주를 보유하고 있으며 별도로 관리되는 계좌에서 추가로 250,000주를 보유하여 총 1,260만 주의 실질 소유를 보고했습니다.
  • 소유 형태: 모든 주식은 간접 소유(Form I)로 보고되었으며, 투자 매니저는 금전적 이익 이상의 실질 소유권을 부인합니다.
  • 보고자 지위: Opaleye는 10% 소유자로 분류되며 이사회나 임원 역할은 명시되지 않았습니다.

이번 신고는 대주주 내부자의 점진적 매수 신호를 나타냅니다. 12,350,000주 보유에 비해 10만 주 매수는 적은 편이지만, 신규 매수는 투자자들에게 현재 가격 수준에서 Codexis에 대한 신뢰의 표시로 해석될 수 있습니다. 이번 신고에는 파생상품 거래, 매도 또는 옵션 거래는 포함되지 않았습니다.

Codexis, Inc. (CDXS) a reçu un dépôt Formulaire 4 de la part de Opaleye Management Inc., un détenteur bénéficiaire de 10%, détaillant un achat sur le marché ouvert réalisé le 27 juin 2025.

  • Transaction : 100 000 actions ordinaires de Codexis ont été achetées (Code P) à un prix moyen de 2,39 $ par action.
  • Participations après transaction : Opaleye déclare désormais détenir indirectement 12 350 000 actions via Opaleye, L.P. ainsi que 250 000 actions supplémentaires dans un compte géré séparément, portant la propriété bénéficiaire totale déclarée à 12,6 millions d’actions.
  • Forme de propriété : Toutes les actions sont déclarées comme indirectes (Formulaire I) ; le gestionnaire d’investissement décline toute propriété bénéficiaire au-delà de son intérêt pécuniaire.
  • Statut de la partie déclarante : Opaleye est classé comme un détenteur de 10% ; aucun rôle au conseil ou exécutif n’est indiqué.

Ce dépôt signale une accumulation progressive d’initiés par un grand actionnaire. Bien que l’achat de 100 000 actions soit modeste par rapport à la position de 12,35 millions d’actions, ce nouvel achat peut être interprété par les investisseurs comme un vote de confiance en Codexis aux niveaux de prix actuels. Aucune transaction dérivée, vente ou option n’a été divulguée dans ce dépôt.

Codexis, Inc. (CDXS) erhielt eine Form-4-Meldung von Opaleye Management Inc., einem 10%igen wirtschaftlichen Eigentümer, die einen am 27. Juni 2025 abgeschlossenen Kauf am offenen Markt detailliert.

  • Transaktion: 100.000 Aktien der Codexis-Stammaktien wurden zu einem Durchschnittspreis von 2,39 $ pro Aktie gekauft (Code P).
  • Bestände nach der Transaktion: Opaleye meldet nun 12.350.000 Aktien, die indirekt über Opaleye, L.P. gehalten werden, sowie weitere 250.000 Aktien in einem separat verwalteten Konto, was eine insgesamt gemeldete wirtschaftliche Eigentümerschaft von 12,6 Millionen Aktien ergibt.
  • Form der Eigentümerschaft: Alle Aktien werden als indirekt (Formular I) gemeldet; der Investmentmanager lehnt eine wirtschaftliche Eigentümerschaft über sein finanzielles Interesse hinaus ab.
  • Status der meldenden Partei: Opaleye wird als 10% Eigentümer eingestuft; keine Vorstand- oder Führungsfunktion angegeben.

Die Meldung signalisiert eine inkrementelle Insider-Akkumulation durch einen Großaktionär. Obwohl der Kauf von 100.000 Aktien im Verhältnis zur Position von 12,35 Millionen Aktien gering ist, kann der frische Kauf von Investoren als Vertrauensbeweis in Codexis zu den aktuellen Kursniveaus interpretiert werden. Keine Derivatgeschäfte, Verkäufe oder Optionen wurden in dieser Meldung offengelegt.

false 0001422892 0001422892 2025-07-01 2025-07-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 1, 2025

 

SINGULARITY FUTURE TECHNOLOGY LTD.
(Exact name of registrant as specified in its charter)

 

Virginia   001-34024   11-3588546
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

48 Wall Street, Suite 1100

New York, NY 10005

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (718) 888-1814

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, no par value   SGLY   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On July 1, 2025, Singularity Future Technology Ltd. (the “Company”) held its annual meeting of shareholders for its fiscal year ended June 30, 2024. The voting results for each matter submitted to a vote at the meeting are as follows:

 

1.Election of One Class III Director

 

The following nominee was elected as a Class III Director to serve on the Board of Directors of the Company (the “Board”) until the annual meeting of shareholders for the fiscal year of 2027 or until his or her successor is duly elected and qualified.

 

    For     Against     Abstain  
Yangyang Xu   1,860,816         2,309       633  

 

2.Shareholders ratified the appointment of Audit Alliance LLP as the Company’s independent registered public accounting firm for the fiscal year ended June 30, 2025.

 

For   Against   Abstain
1,924,104   1,194   206

 

3.Shareholders approved the adoption of the Company’s 2025 equity incentive plan.

 

For   Against   Abstain
1,843,270   20,415   73

 

4.Shareholders approved, on an advisory, non-binding basis, the Company’s executive compensation.

 

For   Against   Abstain
1,851,680   11,733   345

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: July 1, 2025 Singularity Future Technology Ltd.
     
  By: /s/ Jia Yang
  Name:  Jia Yang
  Title: Chief Executive Officer

 

2

 

FAQ

How many Codexis (CDXS) shares did Opaleye buy on 27 June 2025?

100,000 shares of common stock were purchased.

What was the purchase price for the insider transaction in CDXS?

The shares were acquired at $2.39 per share.

What is Opaleye’s total reported ownership in Codexis after the transaction?

Opaleye reports 12,350,000 shares via Opaleye, L.P. plus 250,000 in a managed account.

Did the Form 4 include any stock sales or derivative transactions?

No. The filing discloses only a purchase of common stock and reports no derivatives or sales.

Why is Opaleye considered a 10% owner of Codexis?

Its aggregated indirect holdings exceed 10% of Codexis’ outstanding common stock, triggering Section 16 reporting.
Singularity Future Tech Ltd

NASDAQ:SGLY

SGLY Rankings

SGLY Latest News

SGLY Latest SEC Filings

SGLY Stock Data

4.29M
4.20M
1.15%
2.34%
Integrated Freight & Logistics
Arrangement of Transportation of Freight & Cargo
Link
United States
NEW YORK