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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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
13d-2 (b)
(Amendment No. )
YXT.COM GROUP HOLDING LIMITED
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
988740106*
(CUSIP Number)
September 30, 2024
(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)
* | CUSIP number 988740106 has been assigned to the American Depositary Shares (ADSs) of the issuer, which are quoted on The Nasdaq Global Market under the symbol YXT. Each ADS represents three Class A ordinary shares. |
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).
CUSIP No. 988740106 | 13G |
1. |
Name of Reporting Persons
MPC VI L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒ (1)
| |||||
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
0 | ||||
6. | Shared Voting Power
10,726,477 (2) | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
10,726,477 (2) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
10,726,477 (2) | |||||
10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row 9
6.6% (2) | |||||
12. | Type of Reporting Person (See Instructions)
PN |
(1) | This statement on Schedule 13G is filed by MPC HK VI, MPC VI, MPC VI-A, MPC Management VI, MPC VI GP and Su (each as defined in Item 2(a) below and collectively, the Reporting Persons). The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. |
(2) | Consists of 10,726,477 Class A ordinary shares held indirectly by MPC VI (through MPC HK VI). MPC Management VI and MPC VI GP are the direct and indirect general partners, respectively, of MPC VI and MPC VI-A, and as such, may exercise voting and dispositive power over these shares. Su, a director of MPC VI GP, may be deemed to share voting and dispositive power over these shares. |
(3) | This percentage is calculated based on 163,294,773 Class A ordinary shares issued and outstanding as of August 15, 2024 as reported in the Issuers prospectus on Form 424(b)(4) (the Prospectus) and filed with the Securities and Exchange Commission (Commission) on August 16, 2024. |
CUSIP No. 988740106 | 13G |
1. |
Name of Reporting Persons
MPC VI-A L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒ (1)
| |||||
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
0 | ||||
6. | Shared Voting Power
1,161,451 (2) | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,161,451 (2) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,161,451 (2) | |||||
10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row 9
0.7% (3) | |||||
12. | Type of Reporting Person (See Instructions)
PN |
(1) | The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. |
(2) | Consists of 1,161,451 Class A ordinary shares held indirectly by MPC VI-A (through MPC HK VI). MPC Management VI and MPC VI GP are the direct and indirect general partners, respectively, of MPC VI and MPC VI-A, and as such, may exercise voting and dispositive power over these shares. Su, a director of MPC VI GP, may be deemed to share voting and dispositive power over these shares. |
(3) | This percentage is calculated based on 163,294,773 Class A ordinary shares issued and outstanding as of August 15, 2024 as reported in the Issuers Prospectus and filed with the Commission on August 16, 2024. |
CUSIP No. 988740106 | 13G |
1. |
Name of Reporting Persons
MPC Management VI, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒ (1)
| |||||
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
0 | ||||
6. | Shared Voting Power
11,887,928 (2) | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
11,887,928 (2) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
11,887,928 (2) | |||||
10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row 9
7.3% (3) | |||||
12. | Type of Reporting Person (See Instructions)
PN |
(1) | The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. |
(2) | Consists of (i) 10,726,477 Class A ordinary shares held indirectly by MPC VI and (ii) 1,161,451 Class A ordinary shares held indirectly by MPC VI-A (in each case through MPC HK VI). MPC Management VI and MPC VI GP are the direct and indirect general partners, respectively, of MPC VI and MPC VI-A, and as such, may exercise voting and dispositive power over these shares. Su, a director of MPC VI GP, may be deemed to share voting and dispositive power over these shares. |
(3) | This percentage is calculated based on 163,294,773 Class A ordinary shares issued and outstanding as of August 15, 2024 as reported in the Issuers Prospectus and filed with the Commission on August 16, 2024. |
CUSIP No. 988740106 | 13G |
1. |
Name of Reporting Persons
MPC VI GP GP, Ltd. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒ (1)
| |||||
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
0 | ||||
6. | Shared Voting Power
11,887,928 (2) | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
11,887,928 (2) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
11,887,928 (2) | |||||
10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row 9
7.3% (3) | |||||
12. | Type of Reporting Person (See Instructions)
CO |
(1) | The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. |
(2) | Consists of (i) 10,726,477 Class A ordinary shares held indirectly by MPC VI and (ii) 1,161,451 Class A ordinary shares held indirectly by MPC VI-A (in each case through MPC HK VI). MPC Management VI and MPC VI GP are the direct and indirect general partners, respectively, of MPC VI and MPC VI-A, and as such, may exercise voting and dispositive power over these shares. Su, a director of MPC VI GP, may be deemed to share voting and dispositive power over these shares. |
(3) | This percentage is calculated based on 163,294,773 Class A ordinary shares issued and outstanding as of August 15, 2024 as reported in the Issuers Prospectus and filed with the Commission on August 16, 2024. |
CUSIP No. 988740106 | 13G |
1. |
Name of Reporting Persons
MPC VI Hong Kong Limited | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒ (1)
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Hong Kong, China |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
11,887,928 (2) | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
11,887,928 (2) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
11,887,928 (2) | |||||
10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row 9
7.3% (3) | |||||
12. | Type of Reporting Person (See Instructions)
CO |
(1) | The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. |
(2) | Consists of (i) 10,726,477 Class A ordinary shares held indirectly by MPC VI and (ii) 1,161,451 Class A ordinary shares held indirectly by MPC VI-A (in each case through MPC HK VI). MPC Management VI and MPC VI GP are the direct and indirect general partners, respectively, of MPC VI and MPC VI-A, and as such, may exercise voting and dispositive power over these shares. Su, a director of MPC VI GP, may be deemed to share voting and dispositive power over these shares. |
(3) | This percentage is calculated based on 163,294,773 Class A ordinary shares issued and outstanding as of August 15, 2024 as reported in the Issuers Prospectus and filed with the Commission on August 16, 2024. |
CUSIP No. 988740106 | 13G |
1. |
Name of Reporting Persons
David Su Tuong Sing | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒ (1)
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Republic of Singapore |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
11,887,928 (2) | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
11,887,928 (2) |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
11,887,928 (2) | |||||
10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row 9
7.3% (3) | |||||
12. | Type of Reporting Person (See Instructions)
IN |
(1) | The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. |
(2) | Consists of (i) 10,726,477 Class A ordinary shares held indirectly by MPC VI and (ii) 1,161,451 Class A ordinary shares held indirectly by MPC VI-A (in each case through MPC HK VI). MPC Management VI and MPC VI GP are the direct and indirect general partners, respectively, of MPC VI and MPC VI-A, and as such, may exercise voting and dispositive power over these shares. Su, a director of MPC VI GP, may be deemed to share voting and dispositive power over these shares. |
(3) | This percentage is calculated based on 163,294,773 Class A ordinary shares issued and outstanding as of August 15, 2024 as reported in the Issuers Prospectus and filed with the Commission on August 16, 2024. |
CUSIP No. 988740106 | 13G |
Item 1(a). | Name of Issuer: |
YXT.COM GROUP HOLDING LIMITED
Item 1(b). | Address of Issuers Principal Executive Offices: |
Room 501-502, No. 78 East Jinshan Road
Huqiu District, Suzhou
Jiangsu, 215011, Peoples Republic of China
Item 2 | Filing Person |
(a)-(c) Name of Persons Filing; Address; Citizenship
This Statement is being filed jointly by the Reporting Persons:
(a) Name of Person Filing:
MPC VI L.P. (MPC VI)
MPC VI-A L.P. (MPC VI-A)
MPC Management VI L.P. (MPC Management VI)
MPC VI GP GP, Ltd. (MPC VI GP)
MPC VI Hong Kong Limited (MPC HK VI)
David Su Tuong Sing (Su)
(b) Address of Principal Business Office or, if none, Residence
MPC VI
MPC VI-A
MPC Management VI
MPC VI GP
Maples Corporate Services Limited
PO Box 309
Ugland House
Grand Cayman, KY1-1104
Cayman Islands
MPC HK VI
Su
Flat 2807, 28/F
AIA Central
No. 1 Connaught Road, Central
Hong Kong, China
(c) Citizenship
MPC VI: Cayman Islands
MPC VI-A: Cayman Islands
MPC Management VI: Cayman Islands
MPC VI GP: Cayman Islands
MPC HK VI: Hong Kong
Su: Republic of Singapore
Item 2(d). | Title of Class of Securities: |
Class A ordinary shares, par value of $0.0001 per share.
Item 2(e). | CUSIP Number: |
CUSIP number 988740106 has been assigned to the ADSs of the Issuer, which are quoted on the Nasdaq Global Market under the symbol YXT. Each ADS represents three Class A ordinary shares.
Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
Item 4. | Ownership. |
(a) | Amount beneficially owned: |
See Row 9 of the cover page for each Reporting Person and the corresponding footnotes.*
(b) | Percent of class: |
See Row 11 of the cover page for each Reporting Person and the corresponding footnotes.*
(c) | Number of shares as to which the person has: |
(i) | Sole power to vote or to direct the vote |
See Row 5 of the cover page for each Reporting Person and the corresponding footnotes.*
(ii) | Shared power to vote or to direct the vote |
See Row 6 of the cover page for each Reporting Person and the corresponding footnotes.*
(iii) | Sole power to dispose or to direct the disposition of |
See Row 7 of the cover page for each Reporting Person and the corresponding footnotes.*
(iv) | Shared power to dispose or to direct the disposition of |
See Row 8 of the cover page for each Reporting Person and the corresponding footnotes.*
* | Except to the extent of his or its pecuniary interest therein, each Reporting Person disclaims beneficial ownership of such ordinary shares, except for the shares, if any, such Reporting Person holds of record. |
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 Control Person. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of the Group. |
Not applicable.
Item 10. | Certifications. |
Not Applicable.
Material to be Filed as Exhibits.
Exhibit 1 Joint Filing Agreement.
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.
November 14, 2024
MPC VI, L.P. | ||
By: | MPC Management VI, L.P. | |
Its: | General Partner | |
By: | MPC VI GP GP, Ltd. | |
Its: | General Partner | |
By: | /s/ David Su | |
Name: | David Su | |
Title: | Director | |
MPC VI-A, L.P. | ||
By: | MPC Management VI, L.P. | |
Its: | General Partner | |
By: | MPC VI GP GP, Ltd. | |
Its: | General Partner | |
By: | /s/ David Su | |
Name: | David Su | |
Title: | Director | |
MPC VI HONG KONG LIMITED | ||
By: | /s/ David Su | |
Name: | David Su | |
Title: | Director | |
MPC MANAGEMENT VI, L.P. | ||
By: | MPC VI GP GP, Ltd. | |
Its: | General Partner | |
By: | /s/ David Su | |
Name: | David Su | |
Title: | Director | |
MPC VI GP GP, LTD. | ||
By: | /s/ David Su | |
Name: | David Su | |
Title: | Director | |
DAVID SU TUONG SING | ||
/s/ David Su Tuong Sing |