SCHEDULE: UP Fintech Holding Ltd: Major Shareholder Filing

Avenir Tech Limited and affiliated entities report beneficial ownership of 10.9% of UP Fintech Holding Ltd's American Depositary Shares.

Summary

• Avenir Tech Limited, along with Avenir View Limited, Avenir Investment Holdings Limited, and LI Lin, have jointly filed a Schedule 13G, indicating their beneficial ownership of UP Fintech Holding Ltd's American Depositary Shares (ADSs).
• The total number of ADSs beneficially owned by the reporting persons is 19,487,703.
• This holding represents 10.9% of the total outstanding Class A and B ordinary shares of UP Fintech Holding Ltd.
• The calculation of the percentage is based on 2,680,509,912 outstanding shares as of March 31, 2026, as reported in the company's Form 6-K filed on June 2, 2026.
• Avenir Tech Limited directly holds 16,562,016 ADSs, and exercises sole voting and dispositive power over an additional 2,925,687 ADSs held by LL (BVI) Investment Limited.
• Avenir Tech Limited is wholly owned by Avenir View Limited, which is wholly owned by Avenir Investment Holdings Limited.
• LI Lin owns 100% of the equity interest in Avenir Investment Holdings Limited.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of ownership and does not provide new financial or operational information about the company itself.

Positives

• Significant beneficial ownership stake of 10.9% in UP Fintech Holding Ltd by a group of affiliated entities and an individual.
• Clear reporting of beneficial ownership and control structure, indicating transparency.
• The filing is an amendment (Amendment No. 1), suggesting ongoing monitoring and reporting of shareholdings.

Negatives

• The filing does not contain financial performance data or operational updates, limiting the assessment of the company's health.
• The specific reasons for this level of shareholding are not detailed, leaving room for speculation about strategic intent.

Risks

• Potential for future changes in ownership or influence, as this is a Schedule 13G filing which can be amended.
• Concentration of ownership could lead to potential governance challenges or influence over company decisions.

Future Outlook

This filing is primarily a disclosure of ownership and does not contain forward-looking statements or guidance from UP Fintech Holding Ltd.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant shareholders to report their holdings. This filing indicates a substantial ownership position in UP Fintech Holding Ltd, a company operating in the online brokerage and fintech sector, which is characterized by rapid technological advancement and increasing competition.

Stakeholder Impact

• Shareholders: The filing confirms a significant ownership block, which could influence corporate governance and strategic decisions.
• Management: The reporting persons' substantial stake may imply a degree of influence or oversight on management's actions.
• Creditors: No direct impact is indicated by this ownership filing.

Next Steps

• Monitor future amendments to this Schedule 13G filing for any changes in beneficial ownership.
• Observe UP Fintech Holding Ltd's future financial reports and strategic announcements for insights into company performance and direction.

Key Dates

Keywords

UP Fintech Holding Ltd, Schedule 13G, American Depositary Shares, ADSs, Beneficial Ownership, Avenir Tech Limited, Avenir View Limited, Avenir Investment Holdings Limited, LI Lin, SEC Filing, Shareholder, Investment Holdings