Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Agora, Inc.
(Name of Issuer)
Class A ordinary shares, $0.0001 par value per share
(Title of Class of Securities)
00851L103**
(CUSIP Number)
December 31, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
** | CUSIP number 00851L103 has been assigned to the American depositary shares (ADSs) of the Issuer, which are quoted on the Nasdaq Global Select Market under the symbol API. Each ADS represents four Class A ordinary shares of the Issuer. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Page 2 of 18 Pages
1 | Name of Reporting Person
Shunwei Technology II Limited | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
British Virgin Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
31,065,548 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
31,065,548 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
31,065,548 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
7.8%(2) (or 1.7%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
CO |
(1) | Represents 31,065,548 Class A ordinary shares held by Shunwei Technology II Limited. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 1.7% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
2
Page 3 of 18 Pages
1 | Name of Reporting Person
Shunwei China Internet Fund, L.P. | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
31,065,548 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
31,065,548 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
31,065,548 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
7.8%(2) (or 1.7%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
PN |
(1) | Represents 31,065,548 Class A ordinary shares held by Shunwei Technology II Limited. Shunwei China Internet Fund, L.P. is the sole shareholder of Shunwei Technology II Limited. |
(2) | The bene ficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 1.7% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
3
Page 4 of 18 Pages
1 | Name of Reporting Person
Shunwei Capital Partners GP, L.P. | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
31,065,548 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
31,065,548 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
31,065,548 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
7.8%(2) (or 1.7%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
PN |
(1) | Represents 31,065,548 Class A ordinary shares held by Shunwei Technology II Limited. Shunwei China Internet Fund, L.P. is the sole shareholder of Shunwei Technology II Limited. Shunwei Capital Partners GP, L.P. is the general partner of Shunwei China Internet Fund, L.P. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 1.7% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
4
Page 5 of 18 Pages
1 | Name of Reporting Person
Shunwei Capital Partners GP Limited | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
31,065,548 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
31,065,548 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
31,065,548 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
7.8%(2) (or 1.7%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
CO |
(1) | Represents 31,065,548 Class A ordinary shares held by Shunwei Technology II Limited. Shunwei China Internet Fund, L.P. is the sole shareholder of Shunwei Technology II Limited. Shunwei Capital Partners GP, L.P. is the general partner of Shunwei China Internet Fund, L.P. Shunwei Capital Partners GP Limited is the general partner of Shunwei Capital Partners GP, L.P. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 1.7% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
5
Page 6 of 18 Pages
1 | Name of Reporting Person
Astrend Opportunity III Alpha Limted | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
British Virgin Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
3,000,000 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
3,000,000 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
3,000,000 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
0.8%(2) (or 0.2%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
CO |
(1) | Represents 3,000,000 Class A ordinary shares (represented by 750,000 ADSs) held by Astrend Opportunity III Alpha Limited. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 0.2% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
6
Page 7 of 18 Pages
1 | Name of Reporting Person
Shunwei China Internet Opportunity Fund III, L.P. | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
3,000,000 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
3,000,000 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
3,000,000 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
0.8%(2) (or 0.2%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
PN |
(1) | Represents 3,000,000 Class A ordinary shares (represented by 750,000 ADSs) held by Astrend Opportunity III Alpha Limited. Shunwei China Internet Opportunity Fund III, L.P. is the sole shareholder of Astrend Opportunity III Alpha Limited. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 0.2% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
7
Page 8 of 18 Pages
1 | Name of Reporting Person
Shunwei Capital Partners IV GP, L.P. | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
3,000,000 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
3,000,000 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 | xA0; |
Aggregate Amount Beneficially Owned by Each Reporting Person
3,000,000 (1) | ||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
0.8%(2) (or 0.2%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
PN |
(1) | Represents 3,000,000 Class A ordinary shares (represented by 750,000 ADSs) held by Astrend Opportunity III Alpha Limited. Astrend Opportunity III Alpha Limited is wholly owned by Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP, L.P. is the general partner of Shunwei China Internet Opportunity Fund III, L.P. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 0.2% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
8
Page 9 of 18 Pages
1 | Name of Reporting Person
Shunwei Capital Partners IV GP Limited | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
3,000,000 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
3,000,000 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
3,000,000 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
0.8%(2) (or 0.2%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
CO |
(1) | Represents 3,000,000 Class A ordinary shares (represented by 75,000,000 ADSs) held by Astrend Opportunity III Alpha Limted. Astrend Opportunity III Alpha Limited is wholly owned by Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP, L.P. is the general partner of Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP Limited is the general partner of Shunwei Capital Partners IV GP, L.P. Shunwei Capital Partners IV GP Limited is controlled by Silver Unicorn Ventures Limited. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 0.2% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
9
Page 10 of 18 Pages
1 | Name of Reporting Person
Silver Unicorn Ventures Limited | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
British Virgin Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
34,065,548 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
34,065,548 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
34,065,548 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row 9
8.6%(2) (or 1.8%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
CO |
(1) | Represents (i) 31,065,548 Class A ordinary shares held by Shunwei Technology II Limited and (ii) 3,000,000 Class A ordinary shares (represented by 75,000,000 ADSs) held by Astrend Opportunity III Alpha Limited. Shunwei China Internet Fund, L.P. is the sole shareholder of Shunwei Technology II Limited. Shunwei Capital Partners GP, L.P. is the general partner of Shunwei China Internet Fund, L.P. Shunwei Capital Partners GP Limited is the general partner of Shunwei Capital Partners GP, L.P. Shunwei Capital Partners GP Limited is controlled by Silver Unicorn Ventures Limited. Astrend Opportunity III Alpha Limited is wholly owned by Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP, L.P. is the general partner of Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP Limited is the general partner of Shunwei Capital Partners IV GP, L.P. Shunwei Capital Partners IV GP Limited is controlled by Silver Unicorn Ventures Limited. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by the Reporting Person represented 1.8% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
10
Page 11 of 18 Pages
1 | Name of Reporting Person
Tuck Lye Koh | |||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3 | SEC Use Only
| |||||
4 | Citizenship or Place of Organization
Singapore | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power
34,065,548 (1) | ||||
6 | Shared Voting Power
0 | |||||
7 | Sole Dispositive Power
34,065,548 (1) | |||||
8 | Shared Dispositive Power
0 | |||||
9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
34,065,548 (1) | |||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
| |||||
11 | Percent of Class Represented by Amount in Row
8.6%(2) (or 1.8%(2) of the aggregate voting power) | |||||
12 | Type of Reporting Person
IN |
(1) | Represents (i) 31,065,548 Class A ordinary shares held by Shunwei Technology II Limited and (ii) 3,000,000 Class A ordinary shares (represented by 75,000,000 ADSs) held by Astrend Opportunity III Alpha Limited. Shunwei China Internet Fund, L.P. is the sole shareholder of Shunwei Technology II Limited. Shunwei Capital Partners GP, L.P. is the general partner of Shunwei China Internet Fund, L.P. Shunwei Capital Partners GP Limited is the general partner of Shunwei Capital Partners GP, L.P. Shunwei Capital Partners GP Limited is controlled by Silver Unicorn Ventures Limited. Astrend Opportunity III Alpha Limited is wholly owned by Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP, L.P. is the general partner of Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP Limited is the general partner of Shunwei Capital Partners IV GP, L.P. Shunwei Capital Partners IV GP Limited is controlled by Silver Unicorn Ventures Limited. Silver Unicorn Ventures Limited is controlled by Mr. Tuck Lye Koh. |
(2) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes, voting together as one class. The voting power of the shares beneficially owned by Reporting Person represented 1.8% of the aggregate voting power of the total issued and outstanding ordinary shares of the Issuer. |
11
Page 12 of 18 Pages
Item 1(a). | Name of Issuer:
Agora, Inc.
| |
Item 1(b). | Address of Issuers Principal Executive Offices:
Floor 8, Building 12, Phase III of ChuangZhiTianDi, 333 Songhu Road, Yangpu District, Shanghai, Peoples Republic of China
| |
Item 2(a). | Name of Person Filing:
(i) Shunwei Technology II Limited;
(ii) Shunwei China Internet Fund, L.P.;
(iii) Shunwei Capital Partners GP, L.P.;
(iv) Shunwei Capital Partners GP Limited;
(v) Astrend Opportunity III Alpah Limited;
(vi) Shunwei China Internet Opportunity Fund III, L.P.;
(vii) Shunwei Capital Partners IV GP, L.P.;
(viii) Shunwei Capital Partners IV GP Limited;
(ix) Silver Unicorn Ventures Limited; and
(x) Tuck Lye Koh (collectively, the Reporting Persons). | |
Item 2(b). | Address of Principal Business Office or, if none, Residence:
The addresses of the Reporting Persons are:
For Shunwei Technology II Limited Vistra Corporate Services Center Wickhams Cay II, Road Town, Tortola, VG 1110 British Virgin Islands
For Shunwei China Internet Fund, L.P. Walker House 87 Mary Street George Town, Grand Cayman KY1-9005 Cayman Islands
For Shunwei Capital Partners GP, L.P. Walker House 87 Mary Street George Town, Grand Cayman KY1-9005 Cayman Islands
For Shunwei Capital Partners GP Limited Walker House 87 Mary Street George Town, Grand Cayman KY1-9005 Cayman Islands
For Astrend Opportunity III Alpha Limited Vistra Corporate Services Center Wickhams Cay II, Road Town, Tortola, VG 1110 British Virgin Islands
|
12
Page 13 of 18 Pages
For Shunwei China Internet Opportunity Fund III, L.P. c/o Campbells Corporate Services Limited Floor 4, Willow House Cricket Square, Grand Cayman KY1-9010 Cayman Islands
For Shunwei Capital Partners IV GP, L.P. Walker House c/o Campbells Corporate Services Limited Floor 4, Willow House Cricket Square, Grand Cayman KY1-9010 Cayman Islands
For Shunwei Capital Partners IV GP Limited c/oWalker House 87 Mary Street George Town, Grand Cayman KY1-9005 Cayman Islands
For Silver Unicorn Ventures Limited Vistra Corporate Services Center Wickhams Cay II, Road Town, Tortola, VG 1110 British Virgin Islands
For Mr. Tuck Lye Koh 32D Watten Rise, Singapore 286651 | ||
Item 2(c) | Citizenship:
Shunwei Technology II Limited British Virgin Islands Shunwei China Internet Fund, L.P. Cayman Islands Shunwei Capital Partners GP, L.P. Cayman Islands Shunwei Capital Partners GP Limited Cayman Islands Astrend Opportunity III Alpha Limited British Virgin Islands Shunwei China Internet Opportunity Fund III, L.P. Cayman Islands Shunwei Capital Partners IV GP, L.P. Cayman Islands Shunwei Capital Partners IV GP Limited Cayman Islands Silver Unicorn Ventures Limited British Virgin Islands Tuck Lye Koh Singapore | |
Item 2(d). | Title of Class of Securities:
Class A ordinary shares, par value US$0.0001 per share, of the Issuer.
The Issuers ordinary shares consist of Class A ordinary shares and Class B ordinary shares. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 20 votes per share, on all matters submitted to shareholders for vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. | |
Item 2(e). | CUSIP Number:
00851L103
This CUSIP number applies to the American depositary shares of the Issuer, each representing two Class A ordinary shares of the Issuer. |
13
Page 14 of 18 Pages
Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a: | |
Not applicable | ||
Item 4. | Ownership: |
The following information with respect to the ownership of Class A ordinary shares by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2020:
Reporting Persons |
Sole Voting Power |
Shared Voting Power) |
Sole Dispositive Power |
Shared Dispositive Power |
Beneficial Ownership |
Percentage of Class A Ordinary Shares(1) |
Percentage of Total Ordinary Shares(1) |
Percentage of the Aggregate Voting Power(2) |
||||||||||||||||||||||||
Shunwei Technology II Limited .(3) |
31,065,548 | 0 | 31,065,548 | 0 | 31,065,548 | 9.7 | % | 7.8 | % | 1.7 | % | |||||||||||||||||||||
Shunwei China Internet Fund, L.P.(3) |
31,065,548 | 0 | 31,065,548 | 0 | 31,065,548 | 9.7 | % | 7.8 | % | 1.7 | % | |||||||||||||||||||||
Shunwei Capital Partners GP, L.P. (3) |
31,065,548 | 0 | 31,065,548 | 0 | 31,065,548 | 9.7 | % | 7.8 | % | 1.7 | % | |||||||||||||||||||||
Shunwei Capital Partners GP Limited (3) |
31,065,548 | 0 | 31,065,548 | 0 | 31,065,548 | 9.7 | % | 7.8 | % | 1.7 | % | |||||||||||||||||||||
Astrend Opportunity III Alpha Limited(4) |
3,000,000 | 0 | 3,000,000 | 0 | 3,000,000 | 0.9 | % | 0.8 | % | 0.2 | % | |||||||||||||||||||||
Shunwei China Internet Opportunity Fund III, L.P.(4) |
3,000,000 | 0 | 3,000,000 | 0 | 3,000,000 | 0.9 | % | 0.8 | % | 0.2 | % | |||||||||||||||||||||
Shunwei Capital Partners IV GP, L.P.(4) |
3,000,000 | 0 | 3,000,000 | 0 | 3,000,000 | 0.9 | % | 0.8 | % | 0.2 | % | |||||||||||||||||||||
Shunwei Capital Partners IV GP Limited(4) |
3,000,000 | 0 | 3,000,000 | 0 | 3,000,000 | 0.9 | % | 0.8 | % | 0.2 | % | |||||||||||||||||||||
Silver Unicorn Ventures Limited (3)(4) |
34,065,548 | 0 | 34,065,548 | 0 | 34,065,548 | 10.6 | % | 8.6 | % | 1.8 | % | |||||||||||||||||||||
Tuck Lye Koh (3)(4) |
34,065,548 | 0 | 34,065,548 | 0 | 34,065,548 | 10.6 | % | 8.6 | % | 1.8 | % |
(1) | The beneficial ownership percentage is calculated based on 396,897,929 ordinary shares of the Issuer as a single class, being the sum of (i) 320,717,991 Class A ordinary shares, and (ii) 76,179,938 Class B ordinary shares issued and outstanding as of June 25, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on June 25, 2020. |
14
Page 15 of 18 Pages
(2) | The percentage of voting power is calculated by dividing the voting power beneficially owned by each Reporting Person by the voting power of all of the Issuers Class A ordinary shares and Class B ordinary shares as a single class. Each Class A ordinary share is entitled to one vote and each Class B ordinary share is entitled to 20 votes, on all matters submitted to them for vote. |
(3) | Shunwei China Internet Fund, L.P. is the sole shareholder of Shunwei Technology II Limited. Shunwei Capital Partners GP, L.P. is the general partner of Shunwei China Internet Fund, L.P. Shunwei Capital Partners GP Limited is the general partner of Shunwei Capital Partners GP, L.P. Shunwei Capital Partners GP Limited is controlled by Silver Unicorn Ventures Limited, which is controlled by Mr. Tuck Lye Koh. |
(4) | Astrend Opportunity III Alpha Limited is wholly owned by Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP, L.P. is the general partner of Shunwei China Internet Opportunity Fund III, L.P. Shunwei Capital Partners IV GP Limited is the general partner of Shunwei Capital Partners IV GP, L.P. Shunwei Capital Partners IV GP Limited is controlled by Silver Unicorn Ventures Limited. Silver Unicorn Ventures Limited is controlled by Mr. Tuck Lye Koh. |
Item 5. | Ownership of Five Percent or Less of a Class: |
Not applicable
Item 6. | Ownership of More than Five Percent on Behalf of Another Person: |
Not applicable
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person: |
Not applicable
Item 8. | Identification and Classification of Members of the Group: |
Not applicable
Item 9. | Notice of Dissolution of Group: |
Not applicable
Item 10. | Certifications: |
Not applicable
15
Page 16 of 18 Pages
LIST OF EXHIBITS
Exhibit No. |
Description | |
99.1 | Joint Filing Agreement by and among the Reporting Persons dated February 9, 2021 |
16
Page 17 of 18 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 9, 2021
Shunwei Technology II Limited | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Director | |||||
Shunwei China Internet Fund, L.P. | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Authorized Representative | |||||
Shunwei Capital Partners GP, L.P. | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Authorized Representative | |||||
Shunwei Capital Partners GP Limited | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Director | |||||
Astrend Opportunity III Alpha Limited | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Director | |||||
Shunwei China Internet Opportunity Fund III, L.P. | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Authorized Representative | |||||
Shunwei Capital Partners IV GP, L.P. | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Authorized Representative | |||||
Shunwei Capital Partners IV GP Limited | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Director | |||||
Silver Unicorn Ventures Limited | By: | /s/ Tuck Lye Koh | ||||
Name: | Tuck Lye Koh | |||||
Title: | Director | |||||
Tuck Lye Koh | /s/ Tuck Lye Koh |
17