[SCHEDULE 13G/A] uCloudlink Group Inc. American SEC Filing
Rhea-AI Filing Summary
UCLOUDLINK GROUP INC. Schedule 13G/A discloses beneficial ownership positions as of 08/15/2025 for three reporting persons: Hui Li, Junmei Yin and Meri Growth Capital Limited. Hui Li and Junmei Yin each may be deemed to beneficially own 15,603,430 Class A ordinary shares (represented by 1,560,343 ADSs), representing 6.10% of the Class A shares outstanding. Meri Growth Capital Limited may be deemed to beneficially own 14,650,370 Class A ordinary shares (1,465,037 ADSs), representing 5.73%. The filing states these securities were not acquired to change or influence control of the issuer. Percentages are calculated using 255,898,610 Class A ordinary shares outstanding per the issuer's Form 20-F filed March 27, 2025.
Positive
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Negative
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Insights
TL;DR: Beneficial ownership disclosures show two insiders with ~6.1% and an affiliated entity with ~5.7%; no control intent declared.
The filing provides clear ownership figures: Hui Li and Junmei Yin are each reported as having beneficial ownership of 15,603,430 Class A shares (1,560,343 ADSs), or 6.10% of the class, while Meri Growth Capital Limited holds 14,650,370 Class A shares (1,465,037 ADSs), or 5.73%. These amounts are calculated using 255,898,610 Class A shares outstanding from the issuer's Form 20-F dated March 27, 2025. The reporting persons certify the holdings were not acquired to influence control, which frames the disclosure as informational rather than an activist or control-seeking filing.
TL;DR: Material ownership thresholds exceeded 5% for each reporting person, triggering required Schedule 13G/A disclosure.
The document identifies jurisdictions and addresses for the reporting persons and specifies voting and dispositive powers: Hui Li and Junmei Yin report sole voting and dispositive power over 15,603,430 shares; Meri Growth Capital Limited reports shared voting and dispositive power over 14,650,370 shares. The certification in Item 10 confirms the holdings are not intended to effect control, consistent with a passive Schedule 13G/A filing rather than a Schedule 13D. This filing is procedurally material to governance transparency but does not by itself indicate change in control.