Zhongchao Inc. (ZCMD) investor S.H.N. Financial exits reported Class A share position
Rhea-AI Filing Summary
S.H.N. Financial Investments Ltd. filed an amended Schedule 13G indicating it no longer holds any Class A Ordinary Shares of Zhongchao Inc. The filing reports 0 shares beneficially owned, representing 0% of the class, with no sole or shared voting or dispositive power.
The amendment references an earlier filing covering 395,900 shares of common stock purchased on June 1, 2026, and now confirms ownership of 5 percent or less of the class. Chief Executive Officer Nir Shamir signs the filing and, to the extent he may be deemed to beneficially own the securities, disclaims beneficial ownership for all other purposes.
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Key Figures
Current beneficial ownership: 0 shares
Ownership percentage: 0%
Prior reported shares: 395,900 shares
+1 more
4 metrics
Current beneficial ownership
0 shares
Class A Ordinary Shares beneficially owned by S.H.N. Financial Investments Ltd.
Ownership percentage
0%
Percent of Zhongchao Inc. Class A Ordinary Shares reported as owned
Prior reported shares
395,900 shares
Shares of common stock covered by the referenced June 5, 2026 filing, purchased June 1, 2026
Signature date
08/14/2026
Date of signature by CEO Nir Shamir on the amended ownership report
Key Terms
beneficially own, Rule 13d-3, disclaims beneficial ownership, Sole Voting Power, +1 more
5 terms
beneficially own regulatory
"may be deemed to beneficially own (as that term is defined in Rule 13d-3)"
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.
Rule 13d-3 regulatory
"beneficially own (as that term is defined in Rule 13d-3 ) the securities"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
disclaims beneficial ownership regulatory
"Mr. Shamir disclaims beneficial ownership of these securities for all other purposes"
Sole Voting Power financial
"Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
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.
FAQ
What does the latest Schedule 13G/A for Zhongchao Inc. (ZCMD) disclose?
The amended Schedule 13G shows S.H.N. Financial Investments Ltd. now reports 0 shares of Zhongchao Inc. Class A Ordinary Shares, representing 0% of the class, and no voting or dispositive power over the stock.
Who is the reporting person in Zhongchao Inc. (ZCMD)'s Schedule 13G/A?
The reporting person is S.H.N. Financial Investments Ltd., an entity organized in Israel, with its principal office at Herzliya Hills, Arik Einstein 3, Israel, 4610301, as stated in the ownership report.
What is the current ownership percentage of S.H.N. Financial Investments in Zhongchao Inc. (ZCMD)?
S.H.N. Financial Investments reports owning 0% of Zhongchao Inc.’s Class A Ordinary Shares, with 0 shares beneficially owned and no sole or shared voting or dispositive power.
AI-generated analysis. How Rhea-AI works. Not financial advice.