Ethan Yang (WIMI) files Form 3 showing no WiMi share ownership
Rhea-AI Filing Summary
WiMi Hologram Cloud Inc. director Ethan Yang has filed an initial Form 3 disclosing his beneficial ownership in the company. The filing reports that he holds 0 Class A Ordinary Shares and 0 Class B Ordinary Shares of WiMi, both with a par value of $0.002 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yang Ethan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares, $0.002 Par Value | -- | -- | -- |
| holding | Class B Ordinary Shares, $0.002 Par Value | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares, $0.002 Par Value — 0 shares (Direct);
Class B Ordinary Shares, $0.002 Par Value — 0 shares (Direct)
Key Figures
Class A holdings: 0 shares
Class B holdings: 0 shares
Holding entries: 2 entries
3 metrics
Class A holdings
0 shares
Total Class A Ordinary Shares beneficially owned after reporting date
Class B holdings
0 shares
Total Class B Ordinary Shares beneficially owned after reporting date
Holding entries
2 entries
Holding lines reported for Class A and Class B shares
Key Terms
Class A Ordinary Shares, $0.002 Par Value, Class B Ordinary Shares, $0.002 Par Value, beneficial ownership, Form 3
4 terms
beneficial ownership financial
"Form 3 records the reporting person’s initial beneficial ownership position"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Form 3 regulatory
"Initial Form 3 disclosing Ethan Yang’s ownership in WiMi"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Ethan Yang’s Form 3 for WiMi (WIMI) show?
Ethan Yang’s Form 3 shows he currently holds no WiMi shares. It reports beneficial ownership of 0 Class A Ordinary Shares and 0 Class B Ordinary Shares, both with a par value of $0.002 per share.
Who is the reporting person in the WiMi (WIMI) Form 3 filing?
The reporting person is Ethan Yang, identified as a director of WiMi Hologram Cloud Inc. The Form 3 records his initial beneficial ownership position in the company’s Class A and Class B Ordinary Shares as zero.
Are there any buy or sell transactions in Ethan Yang’s WiMi (WIMI) Form 3?
No, the Form 3 only reflects holding entries and an initial ownership position of zero shares. The transaction summary shows no buys, sells, exercises, gifts, or other disposition transactions reported for this filing.