Intchains Group (ICG) CTO discloses 16,759,820 Class B ordinary shares
Rhea-AI Filing Summary
Intchains Group Ltd director and Chief Technology Officer Chaohua Sheng has filed an initial ownership report showing indirect control of 16,759,820 Class B ordinary shares through Intchains SCH Holding Limited, a British Virgin Islands company wholly owned by him. Each Class A ordinary share carries one vote, while each Class B ordinary share carries ten votes on all matters. The Class B ordinary shares may be converted into Class A ordinary shares on a one-for-one basis at any time by the holder, but Class A ordinary shares cannot be converted into Class B ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock Shares | -- | -- | -- |
Footnotes (1)
- Each Class A ordinary share is entitled to one vote per share and each Class B ordinary share is entitled to ten votes per share on all matters submitted. Our Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Our Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Intchains SCH Holding Limited is a company incorporated in the British Virgin Islands and is wholly owned by the Reporting Person.
FAQ
What does Chaohua Sheng’s Form 3 filing for Intchains Group Ltd (ICG) show?