SCHEDULE 13G/A: Major Shareholder Dr. Sudhir Srivastava Discloses 60.60% Stake in SS Innovations International
Beneficial Ownership Amendment
Dr. Sudhir Srivastava and affiliated entities have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 60.60% of SS Innovations International, Inc.'s common stock as of March 31, 2025.
Summary
- Dr. Sudhir Srivastava, M.D., beneficially owns an aggregate of 117,324,445 shares of SS Innovations International, Inc. common stock, representing 60.60% of the class.
- This ownership includes 112,926,514 shares held by Sushruta PVT LTD, 32,000 shares held directly by Dr. Srivastava, and options to purchase 4,364,931 shares.
- Sushruta PVT LTD, a company in which Dr. Srivastava holds a 100% interest, beneficially owns 112,926,514 shares, representing 58.33% of the common stock.
- The percentage ownership calculations are based on 193,603,970 shares of common stock outstanding as of May 13, 2025, as reported in the issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Schedule 13G/A) updating beneficial ownership information, which is generally neutral in sentiment.
Positives
- High insider ownership by Dr. Sudhir Srivastava (60.60%) and his affiliated entities, which may indicate strong alignment of interests between management and shareholders.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Dr. Sudhir Srivastava holds a 100% beneficial interest in Sushruta PVT LTD, which is a reporting person and holds a significant portion of the beneficially owned shares.
Stakeholder Impact
- Clarifies the significant ownership stake of Dr. Sudhir Srivastava and his affiliated entities, providing transparency to shareholders regarding control.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement. |
| 05/13/2025 | Date as of which 193,603,970 shares of common stock were reported outstanding in the issuer's Form 10-Q. |
| 05/14/2025 | Date the issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, was filed with the SEC. |
| 05/15/2025 | Date of execution of the Joint Filing Agreement and filing date of the Schedule 13G/A. |
Keywords
SS Innovations International Inc., SSII, Sudhir Srivastava, Sushruta PVT LTD, Schedule 13G, beneficial ownership, common stock, insider ownership
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