Schedule 13G/A: Yue Xi Limited Discloses 1.19% Stake in Super X AI
Rhea-AI Filing Summary
Yue Xi Limited filed an Amendment to Schedule 13G reporting beneficial ownership of 333,333 ordinary shares of Super X AI Technology Limited (CUSIP G5294K110), representing 1.19% of the class. The filing states sole voting and dispositive power over those shares.
The document identifies the reporting person as Yue Xi Limited with an address in Hong Kong and lists organization/citizenship information as both Virgin Islands, British and Hong Kong in different sections. The filing includes a certification that the shares were not acquired to influence control of the issuer.
Positive
- Disclosure compliance: The reporting person filed an amended Schedule 13G/A and provided required ownership figures and certification.
- Clear ownership detail: Reports 333,333 shares with sole voting and dispositive power, representing 1.19% of the class.
Negative
- Jurisdictional inconsistency: The filing lists the reporting person as organized in the British Virgin Islands in one section and as a Hong Kong citizen/address in another, creating an administrative discrepancy.
Insights
TL;DR: A small, disclosed stake of 1.19% with sole voting and dispositive power; routine, non-control Schedule 13G/A filing.
The filing shows Yue Xi Limited holds 333,333 shares (1.19%) and reports sole voting and dispositive power, indicating direct control over disposition decisions for that parcel of stock. Because the reporter certifies the position is not intended to influence control and the stake is below 5%, this is a routine disclosure rather than a material change to ownership structure. Investors should view this as transparency about a modest shareholder position rather than a strategic control move.
TL;DR: Compliance filing showing beneficial ownership; no indication of activist intent or group affiliation.
The amendment correctly supplies ownership metrics and a certification that the position is not held to affect control. The filing lists sole voting/dispositive power for 333,333 shares, and states no group membership or holdings on behalf of others. Notably, the document contains inconsistent jurisdictional entries ("Virgin Islands, British" vs. "Hong Kong") for the reporting person, which may warrant administrative clarification but does not change the disclosed ownership facts.