SCHEDULE: Ridgetech Stake Update: Kong's Ownership Shifts to 12.2%

Lingtao Kong's beneficial ownership in Ridgetech Inc. now stands at 12.2% due to an increase in outstanding shares, with no personal share transactions since March 2025.

Summary

• Lingtao Kong, a Hong Kong citizen, beneficially owns 2,225,000 ordinary shares of Ridgetech Inc.
• This represents 12.2% of the company's ordinary shares outstanding.
• The percentage calculation is based on an aggregate of 18,285,638 ordinary shares outstanding as of the date of this report, based on information provided by the Issuer.
• The change in beneficial ownership percentage from the previous filing resulted solely from an increase in the total number of outstanding ordinary shares, not from any acquisition or disposition by Lingtao Kong.
• Lingtao Kong has not acquired or disposed of any ordinary shares since the initial Schedule 13D filing on March 6, 2025.

Sentiment

Score: 5

Explanation: Neutral. The filing is a factual update on beneficial ownership percentage due to share dilution, not a reflection of positive or negative performance by the company or the investor's sentiment.

Positives

• No disposition of shares by the reporting person, indicating continued holding of their original share count.

Negatives

• The reporting person's percentage ownership has decreased from the previous filing due to dilution from an increase in the total number of outstanding ordinary shares, even though the number of shares held remains constant.

Risks

• Dilution of existing shareholder percentage ownership due to the issuance of additional ordinary shares by the Issuer.

Future Outlook

The filing does not provide specific forward-looking statements or guidance regarding the company's future operations or financial performance, focusing solely on the change in beneficial ownership percentage.

Industry Context

This filing is a routine disclosure of a significant shareholder's updated ownership percentage, common in the public markets. It reflects a change in the capital structure of Ridgetech Inc. rather than a strategic move by the reporting person, as the change is due to share issuance by the company.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Existing shareholders, including Lingtao Kong, experience dilution of their percentage ownership due to the increase in total outstanding shares.

Next Steps

• The filing does not mention any specific future actions, events, or milestones by the reporting person or the Issuer.

Key Dates

Recommendation

This filing is a routine update on a significant shareholder's beneficial ownership percentage, which has decreased due to dilution from an increase in the total outstanding shares of Ridgetech Inc. The reporting person has not bought or sold any shares. As such, it provides no new information regarding the company's operational performance, strategic direction, or the investor's conviction that would warrant a change in investment recommendation. Investors should hold their position and look for more substantive company updates.

Keywords

Ridgetech Inc., Lingtao Kong, Schedule 13D/A, beneficial ownership, ordinary shares, shareholding, dilution, SEC filing