SCHEDULE: UCLOUDLINK: Li & Yin Maintain 6.1% Stake
Beneficial Ownership Update
Hui Li and Junmei Yin, along with Meri Growth Capital Limited, have filed an amended Schedule 13G, confirming their combined beneficial ownership of 6.1% of UCLOUDLINK GROUP INC.'s Class A ordinary shares.
Summary
- Hui Li, Junmei Yin, and Meri Growth Capital Limited filed an Amendment No. 4 to Schedule 13G.
- Hui Li and Junmei Yin are deemed to beneficially own 15,603,430 Class A ordinary shares, representing 6.1% of the outstanding shares.
- This ownership includes 95,306 ADSs held directly by Junmei Yin and 1,465,037 ADSs held indirectly by Hui Li through Meri Growth Capital Limited.
- Meri Growth Capital Limited directly holds 14,650,370 Class A ordinary shares, equivalent to 1,465,037 ADSs, representing 5.73% of the outstanding shares.
- The beneficial ownership percentage is calculated based on 255,898,610 Class A ordinary shares outstanding, as reported in the Issuer's Form 20-F filed on March 27, 2025.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership, providing factual information without indicating positive or negative developments for the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding significant beneficial ownership, confirming the continued stake of key individuals and entities.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of Issuer's Form 20-F filing, which reported 255,898,610 Class A ordinary shares outstanding. |
| 08/15/2025 | Date of event requiring filing of this statement and signature date for the Schedule 13G Amendment No. 4. |
Keywords
UCLOUDLINK, beneficial ownership, Schedule 13G, Class A ordinary shares, ADSs, Hui Li, Junmei Yin, Meri Growth Capital Limited, shareholder, ownership disclosure
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