Shanghai Tech VC Amends ACM Research Stake

TL;DR

Shanghai Tech VC updated their ACM Research filing - ownership change incoming.

AI Summary

Shanghai Science & Technology Venture Capital (Group) Co., Ltd. filed Amendment No. 2 to its Schedule 13D on October 8, 2024, regarding its holdings in ACM Research, Inc. The filing indicates a change in the beneficial ownership of ACM Research's Class A Common Stock. Specific details on the percentage change or new ownership stake are not immediately available in this excerpt.

Why It Matters

This amendment signals a potential shift in the ownership structure of ACM Research, Inc., which could impact its strategic direction and investor relations.

Risk Assessment

Risk Level: medium — Changes in major shareholder filings can indicate shifts in control or strategy, requiring investor attention.

Key Players & Entities

• Shanghai Science & Technology Venture Capital (Group) Co., Ltd. (company) — Filing entity
• ACM Research, Inc. (company) — Subject company
• Wangyu Ge (person) — Mentioned in relation to filing entity

FAQ

Key Financial Figures

• $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securitie
• $20.19 — Common Stock 10/01/2024 Sell 8,304 $20.19(1) SHSTVC Class A Common Stock 10/0
• $20.01 — ommon Stock 10/02/2024 Sell 26,300 $20.01(2) SHSTVC Class A Common Stock 10/0
• $21.52 — mmon Stock 10/04/2024 Sell 570,735 $21.52(3) SHSTVC Class A Common Stock 10/0
• $20.94 — mmon Stock 10/04/2024 Sell 129,265 $20.94(4) SHSTVC Class A Common Stock 10/0
• $25.36 — mmon Stock 10/07/2024 Sell 100,514 $25.36(5) SHSTVC Class A Common Stock 10/0
• $25.02 — Common Stock 10/07/2024 Sell 1,481 $25.02(6) SHSTVC Class A Common Stock 10/0
• $23.32 — mmon Stock 10/07/2024 Sell 173,005 $23.32(7) SHSTVC Class A Common Stock 10/0
• $21.13 — ommon Stock 10/08/2024 Sell 90,396 $21.13(8) * The reported price reflects the
• $20.00 — multiple trades at prices ranging from $20.00 to $20.28, inclusive. (2) This transac
• $20 — trades at prices ranging from $20.00 to $20.28, inclusive. (2) This transaction wa
• $21.11 — multiple trades at prices ranging from $21.11 to $22.10, inclusive. (4) This transac
• $22 — trades at prices ranging from $21.11 to $22.10, inclusive. (4) This transaction wa
• $20.71 — multiple trades at prices ranging from $20.71 to $21.10, inclusive. (5) This transac
• $21 — trades at prices ranging from $20.71 to $21.10, inclusive. (5) This transaction wa

Filing Documents

• e663942_sc13da-acm.htm (SC 13D/A) — 59KB
• 0001193805-24-001229.txt ( ) — 61KB

of the Schedule 13D is hereby amended and

Item 7 of the Schedule 13D is hereby amended and supplemented as follows: Exhibit 2 Schedule of Transactions for Item 5(c) of Amendment No. 2. SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: October 8, 2024 SHANGHAI SCIENCE AND TECHNOLOGY VENTURE CAPITAL (GROUP) CO., LTD. By: /s/ Wangyu Ge Name: Wangyu Ge Title: Authorized Representative SHANGHAI PUDONG SCIENCE AND TECHNOLOGY INVESTMENT (GROUP) CO., LTD. By: /s/ Lufei Liu Name: Lufei Liu Title: Authorized Representative EXHIBIT 2 SCHEDULE OF TRANSACTIONS The following table sets forth all transactions in the Class A Common Stock effected by the Reporting Persons in the last sixty (60) days. All such transactions were effected in the open market through a broker pursuant to a 10b5-1 Plan adopted by SHSTVC on June 12, 2024. Reporting Person Title of Security Date of Transaction Nature of Transaction Quantity Price* SHSTVC Class A Common Stock 10/01/2024 Sell 8,304 $20.19(1) SHSTVC Class A Common Stock 10/02/2024 Sell 26,300 $20.01(2) SHSTVC Class A Common Stock 10/04/2024 Sell 570,735 $21.52(3) SHSTVC Class A Common Stock 10/04/2024 Sell 129,265 $20.94(4) SHSTVC Class A Common Stock 10/07/2024 Sell 100,514 $25.36(5) SHSTVC Class A Common Stock 10/07/2024 Sell 1,481 $25.02(6) SHSTVC Class A Common Stock 10/07/2024 Sell 173,005 $23.32(7) SHSTVC Class A Common Stock 10/08/2024 Sell 90,396 $21.13(8) * The reported price reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth herein. (1) This transaction was executed in multiple trades at prices ranging from $

View Full Filing

View this SC 13D/A filing on SEC EDGAR