STOCK TITAN

Majority stake: SL Science (SLBT) CEO group reports 59.53% ownership

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

SL Science Holding Ltd discloses that CEO and chairman Ching-Dong Wang, together with SL Link Holding Ltd. and SL Link Co., Ltd., beneficially owns 333,832,129 ordinary shares, representing approximately 59.53% of the company. This stake arose from the business combination between SL BIO Ltd. and Horizon Space Acquisition II Corp. completed on June 12, 2026.

The 333,832,129 ordinary shares include 329,286,823 shares held by SL Link Holding Ltd. and 4,545,306 shares held by SL Link Co., Ltd. The percentages are based on about 560,759,757 ordinary shares issued and outstanding, excluding 260,000 ordinary shares issuable upon conversion of 780,000 preferred shares.

Positive

  • None.

Negative

  • None.

Insights

Control is concentrated, with the CEO group holding a majority stake post‑merger.

The filing shows Ching-Dong Wang and affiliated entities beneficially own 333,832,129 ordinary shares, or about 59.53% of SL Science Holding Ltd. This majority position stems from share issuance in the June 2026 business combination with SL BIO Ltd. and Horizon Space Acquisition II Corp.

Control is primarily through SL Link Holding Ltd., which holds 329,286,823 shares, or 58.72%, and is owned equally by Wang and his spouse, with Wang as sole director. A smaller 4,545,306-share stake is held via SL Link Co., Ltd., where Wang is chairman and CEO.

The filing also notes 780,000 preferred shares outstanding, convertible into 260,000 ordinary shares on December 12, 2026, which are not included in the ownership percentages. Subsequent disclosures may clarify any future share purchases or sales by the reporting persons.

Beneficial ownership 333,832,129 ordinary shares Shares beneficially owned by reporting persons after June 12, 2026 business combination
Ownership percentage 59.53% Portion of SL Science Holding ordinary shares beneficially owned by reporting persons
Total ordinary shares outstanding 560,759,757 shares Issued and outstanding ordinary shares after completion of the business combination
SL Link Holding stake 329,286,823 shares (58.72%) Ordinary shares of SL Science Holding owned by SL Link Holding Ltd.
SL Link Co. stake 4,545,306 shares (0.81%) Ordinary shares of SL Science Holding owned by SL Link Co., Ltd.
Preferred shares outstanding 780,000 preferred shares Convertible into 260,000 ordinary shares on December 12, 2026
Convertible ordinary shares 260,000 ordinary shares Ordinary shares issuable upon conversion of preferred shares on December 12, 2026
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially own financial
"The Reporting Persons beneficially own approximately 59.53% of the issued and outstanding ordinary shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Business Combination financial
"as a result of the completion of the Business Combination (as defined herein) on June 12, 2026"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
dispositive power financial
"As a result, Ching-Dong Wang is deemed to have voting and dispositive power over the securities"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Preferred Shares financial
"does not include 260,000 Ordinary Shares convertible on December 12, 2026 from 780,000 Preferred Shares issued and outstanding"
Preferred shares are a type of investment that gives investors priority over common shareholders when it comes to receiving dividends and getting their money back if a company is sold or liquidated. Think of them as a safer, more predictable way to earn income from a company's profits, similar to a fixed-return investment, but without voting rights. This makes preferred shares appealing to those seeking stable income with a higher claim on assets than regular stockholders.
sole voting power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 333,832,129.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google





G8191L116

(CUSIP Number)
Ching-Dong Wang
11th Floor, No. 479 Chongyang Road,, Nangang District
Taipei, F5, 115010
886-2-26516826

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/12/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Represents 333,832,129 ordinary shares, par value $0.00001 per share (the "Ordinary Shares"), of SL Science Holding Limited, a company incorporated in the Cayman Islands (the "Issuer"), beneficially owned by Ching-Dong Wang, including (i) 329,286,823 Ordinary Shares held by SL Link Holding Ltd., and (ii) 4,545,306 Ordinary Shares held by SL Link Co., Ltd. The percentage listed in Row 13 is based on a total of approximately 560,759,757 Ordinary Shares issued and outstanding as a result of the completion of the Business Combination (as defined herein) on June 12, 2026, which does not include 260,000 Ordinary Shares convertible on December 12, 2026 from 780,000 preferred shares, par value $0.00001 per share (the "Preferred Shares"), issued and outstanding as of June 18, 2026. For more information regarding the Business Combination, see Item 4 of this Schedule 13D.


SCHEDULE 13D




Comment for Type of Reporting Person:
SL Link Holding Ltd. is a company incorporated in the Cayman Islands which is owned equally by Ching-Dong Wang and his spouse. Ching-Dong Wang is the sole director of SL Link Holding Ltd. As a result, Ching-Dong Wang is deemed to have voting and dispositive power over the securities of the Issuer held by SL Link Holding Ltd. The percentage listed in Row 13 is based on a total of approximately 560,759,757 Ordinary Shares issued and outstanding on a fully converted basis as a result of the completion of the Business Combination (as defined herein) on June 12, 2026, which does not include 260,000 Ordinary Shares convertible on December 12, 2026 from 780,000 Preferred Shares issued and outstanding as of June 18, 2026. For more information regarding the Business Combination, see Item 4 of this Schedule 13D.


SCHEDULE 13D




Comment for Type of Reporting Person:
SL Link Co., Ltd. is a company incorporated in Taiwan. Ching-Dong Wang owns a 50.63% equity interest in SL Link Co., Ltd., and is the Chairman of the Board and Chief Executive Officer of SL Link Co., Ltd. As a result, Ching-Dong Wang is deemed to have voting and dispositive power over the securities of the Issuer held by SL Link Co., Ltd. The percentage listed in Row 13 is based on a total of approximately 560,759,757 Ordinary Shares issued and outstanding on a fully converted basis as a result of the completion of the Business Combination (as defined herein) on June 12, 2026, which does not include 260,000 Ordinary Shares convertible on December 12, 2026 from 780,000 Preferred Shares issued and outstanding as of June 18, 2026. For more information regarding the Business Combination, see Item 4 of this Schedule 13D.


SCHEDULE 13D


Ching-Dong Wang
Signature:/s/ Ching-Dong Wang
Name/Title:Ching-Dong Wang
Date:06/18/2026
SL Link Holding Ltd.
Signature:/s/ Ching-Dong Wang
Name/Title:Ching-Dong Wang/Director
Date:06/18/2026
SL Link Co., Ltd.
Signature:/s/ Ching-Dong Wang
Name/Title:Ching-Dong Wang/ Chairman and Chief Executive Officer
Date:06/18/2026

FAQ

How much of SL Science Holding Ltd (SLBT) does Ching-Dong Wang own?

Ching-Dong Wang and affiliated entities beneficially own 333,832,129 ordinary shares of SL Science Holding Ltd, representing approximately 59.53% of the issued and outstanding ordinary shares, based on 560,759,757 ordinary shares outstanding after the June 12, 2026 business combination.

What entities are included in the SLBT Schedule 13D reporting group?

The reporting group includes Ching-Dong Wang, SL Link Holding Ltd., and SL Link Co., Ltd. Together they beneficially own about 59.53% of SL Science Holding Ltd’s ordinary shares as a result of the June 12, 2026 business combination with SL BIO Ltd. and Horizon Space Acquisition II Corp.

How many SLBT shares are outstanding and what preferred share conversion is disclosed?

The ownership percentages are based on approximately 560,759,757 ordinary shares issued and outstanding after the June 12, 2026 business combination. The filing also notes 780,000 preferred shares outstanding, convertible into 260,000 ordinary shares on December 12, 2026, which are excluded from the percentages.

What transaction led to the reported SLBT ownership stake on the Schedule 13D?

The reported 333,832,129-share stake arose from a business combination completed June 12, 2026, involving SL BIO Ltd. and Horizon Space Acquisition II Corp. Under the business combination agreement, both HSPT and SL Bio became subsidiaries of SL Science Holding Ltd and received ordinary shares.