SCHEDULE: Gamehaus Holdings: Major Shareholder Discloses 29.12% Stake

A Schedule 13G filing reveals Feng Xie and related entities beneficially own 29.12% of Gamehaus Holdings Inc.'s Class A Ordinary Shares.

Summary

• Feng Xie, Funomic Holding Limited, Playfund Trust, and Funtery Holding Limited collectively report beneficial ownership of 15,598,113 Class A ordinary shares of Gamehaus Holdings Inc.
• This ownership represents 29.12% of the Class A ordinary shares, calculated based on 37,971,245 existing Class A shares plus the 15,598,113 Class A shares issuable upon conversion of Class B shares.
• The 15,598,113 Class A ordinary shares are issuable to Funtery Holding Limited upon the conversion of an equal number of Class B ordinary shares held by Funtery Holding Limited.
• Class B ordinary shares are convertible into Class A ordinary shares on a one-to-one basis at the option of the holder at any time after issuance.
• Funtery Holding Limited directly holds the shares, while Funomic Holding Limited, a 66.67% shareholder of Funtery, is indirectly beneficially owned by Feng Xie.
• Funomic Holding Limited is wholly owned by Playfund Trust, a trust established by Feng Xie as settlor, with Vistra Trust (Singapore) Pte. Limited as trustee and Cyberjoy Holding Limited as beneficiary.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of beneficial ownership and does not contain performance or forward-looking statements.

Industry Context

This filing is a standard disclosure of a significant ownership stake, common in the financial markets. It does not provide specific industry-related insights or competitive analysis.

Stakeholder Impact

• Shareholders: Increased concentration of ownership by a significant shareholder group, potentially influencing corporate control and strategic decisions.

Key Dates

Keywords

Gamehaus Holdings Inc., Beneficial Ownership, SEC Filing, Schedule 13G, Class A Ordinary Shares, Class B Ordinary Shares, Shareholder Disclosure, Equity Stake, Feng Xie