Sec Form 13G Filing - Shunwei China Internet Fund L.P. filing for AGORA INC ADS (API) - 2021-02-09

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.
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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 person’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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

     

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 Issuer’s 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 Issuer’s Principal Executive Offices:

 

Floor 8, Building 12, Phase III of ChuangZhiTianDi, 333 Songhu Road, Yangpu District, Shanghai, People’s 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 Issuer’s 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


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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 Issuer’s prospectus filed with the Securities and Exchange Commission on June 25, 2020.

 

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(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 Issuer’s 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

 

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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

 

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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

 

 

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