SCHEDULE 13G: Key Shareholder Cong Shi and EXTRA TECHNOLOGY LIMITED Disclose Significant Stakes in Helport AI Limited

A recent Schedule 13G filing reveals that Cong Shi and EXTRA TECHNOLOGY LIMITED have disclosed beneficial ownership stakes of 6.79% and 4.91% respectively in Helport AI Limited.

Summary

• EXTRA TECHNOLOGY LIMITED, a British Virgin Islands entity, reported beneficial ownership of 1,821,669 ordinary shares in Helport AI Limited, representing 4.91% of the class.
• Cong Shi, a citizen of China, reported beneficial ownership of 2,520,455 ordinary shares in Helport AI Limited, representing 6.79% of the class.
• Cong Shi's beneficial ownership includes the 1,821,669 shares held by EXTRA TECHNOLOGY LIMITED, which is wholly owned by Cong Shi, and an additional 698,786 ordinary shares held by TRIPLE DIGITS LIMITED, also wholly owned by Cong Shi.
• The percentage of class is calculated based on 37,132,968 ordinary shares of Helport AI Limited outstanding as of April 17, 2025.
• Both reporting persons share voting and dispositive power over their respective beneficially owned shares.
• The filing indicates that the securities were not acquired and are not held for the purpose of changing or influencing the control of Helport AI Limited.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing disclosing beneficial ownership, which does not inherently convey positive or negative sentiment regarding the company's performance or outlook. It is a factual disclosure.

Industry Context

This filing is a standard regulatory disclosure of beneficial ownership, common in the public markets. It provides transparency regarding significant shareholders in Helport AI Limited, an AI-focused company, which is a routine aspect of corporate governance in the technology sector.

Related Party Transactions

• Cong Shi is the sole shareholder of EXTRA TECHNOLOGY LIMITED, which directly holds 1,821,669 ordinary shares of Helport AI Limited.
• Cong Shi is also the sole shareholder of TRIPLE DIGITS LIMITED, which holds an additional 698,786 ordinary shares of Helport AI Limited, contributing to Cong Shi's total beneficial ownership.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes in Helport AI Limited, confirming the identities and holdings of key investors.

Key Dates

Keywords

Helport AI Limited, Schedule 13G, Beneficial Ownership, EXTRA TECHNOLOGY LIMITED, Cong Shi, Ordinary Shares, SEC Filing, Shareholder Disclosure