SCHEDULE 13G/A: Major Shareholder LO SHENG-LUN Reduces Stake in Ostin Technology Group Below 5%

LO SHENG-LUN has reduced beneficial ownership in Ostin Technology Group Co., Ltd.'s Class A Ordinary Shares to 3.55%, falling below the 5% threshold and marking an exit filing.

Summary

• LO SHENG-LUN, a reporting person, has filed an Amendment No. 1 to Schedule 13G for Ostin Technology Group Co., Ltd.
• The filing indicates that LO SHENG-LUN now beneficially owns 3,814,034 Class A Ordinary Shares.
• This ownership represents 3.55% of the total outstanding Class A Ordinary Shares.
• The reporting person no longer owns more than five percent of the Class A ordinary shares, making this an exit filing.
• The percentage of total voting power held by LO SHENG-LUN is 2.99%, considering both Class A and Class B shares.
• As of May 12, 2025, Ostin Technology Group Co., Ltd. had 107,430,032 Class A ordinary shares and 200,000 Class B ordinary shares issued and outstanding.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative as a significant shareholder has reduced their stake below the 5% threshold, indicating a potential divestment or reduced conviction, which can be perceived negatively by the market.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may react to the reduction in a significant investor's stake, potentially leading to negative sentiment or share price volatility.

Key Dates

Recommendation

Keywords

Ostin Technology Group, LO SHENG-LUN, Schedule 13G, beneficial ownership, Class A Ordinary Shares, shareholding, SEC filing, G67927114