SCHEDULE: Xianqun Hu Discloses 7.7% Passive Stake in Metalpha Technology Holding Limited
Beneficial Ownership Report
Xianqun Hu has filed an amended Schedule 13G, reporting a 7.7% beneficial ownership stake in Metalpha Technology Holding Limited, primarily through direct holdings and exercised warrants.
Summary
- Xianqun Hu beneficially owns 3,049,912 Ordinary Shares of Metalpha Technology Holding Limited.
- This ownership represents 7.7% of the company's Ordinary Shares, based on 39,498,371 shares issued and outstanding as of March 31, 2025.
- The shares consist of 1,120,000 directly held Ordinary Shares.
- An additional 535,322 Ordinary Shares were received from the cashless exercise of warrants to purchase 900,000 Ordinary Shares, issued under an agreement dated October 27, 2021.
- Furthermore, 1,394,590 Ordinary Shares were obtained from the cashless exercise of warrants to purchase 1,920,000 Ordinary Shares, issued under an agreement dated June 30, 2022.
- The filing indicates a passive investment purpose, with no intent to change or influence control of the issuer.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding company performance or outlook. The exercise of warrants indicates a conversion of potential ownership to actual ownership, which is a neutral event in terms of new capital or operational performance.
Stakeholder Impact
- Shareholders are informed of a significant passive ownership stake held by Xianqun Hu, representing 7.7% of the Ordinary Shares.
Key Dates
| Date | Description |
|---|---|
| October 27, 2021 | Date of consulting and warrant issuance agreement, leading to the issuance of warrants to purchase 900,000 Ordinary Shares. |
| June 30, 2022 | Date of securities subscription and warrant purchase agreement, leading to the issuance of warrants to purchase 1,920,000 Ordinary Shares. |
| March 31, 2025 | Date as of which the number of Ordinary Shares issued and outstanding (39,498,371) was provided by the Issuer. |
| June 30, 2025 | Date of event which requires the filing of this statement. |
| July 07, 2025 | Date of signature and filing of Amendment No. 2 to Schedule 13G. |
Keywords
Metalpha Technology Holding Limited, Xianqun Hu, Schedule 13G, Beneficial Ownership, Ordinary Shares, Passive Investment, SEC Filing, Warrants
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