Bodang Liu Amends Nisun Intl. Enterprise Dev. Group Filing

TL;DR

Bodang Liu just updated their stake in NISUN. Watch this.

AI Summary

Bodang Liu, through NiSun International Enterprise Management Group Co., Ltd., has amended their Schedule 13D filing on August 12, 2024, regarding Nisun International Enterprise Development Group Co., Ltd. The filing indicates a change in the reporting person's holdings or intentions concerning the Class A Common Shares of the subject company.

Why It Matters

This amendment signals a potential shift in significant ownership or strategy for Nisun International Enterprise Development Group Co., Ltd., which could impact its stock price and future business decisions.

Risk Assessment

Risk Level: medium — Amendments to 13D filings often indicate changes in activist investor positions or strategic shifts, which can introduce volatility.

Key Players & Entities

• Bodang Liu (person) — Reporting Person
• NiSun International Enterprise Management Group Co., Ltd. (company) — Filing Entity
• Nisun International Enterprise Development Group Co., Ltd. (company) — Subject Company

FAQ

Key Financial Figures

• $0.01 — to the Class A common shares, par value $0.01 per share (the “Common Shares&rdq
• $463,145.60 — paid to purchase such Common Shares was $463,145.60 in cash, and the source of such funds w

Filing Documents

• ea0211095-13da1liu_nisun.htm (SC 13D/A) — 47KB
• 0001213900-24-067382.txt ( ) — 49KB

Security and Issuer

Item 1. Security and Issuer.

is amended and restated as follows

Item 1 is amended and restated as follows: This statement relates to the Common Shares of the Issuer. The address of the principal executive offices of the Issuer is: 21F, 55 Loushanguan Rd, Changning District Shanghai 200336, People’s Republic of China. On May 18, 2023, the Issuer effected a one-for-ten reverse split of its Common Shares. Unless indicated otherwise by the context, all share amounts in this Amendment have been adjusted to give retroactive effect to the reverse share split.

Identity and Background

Item 2. Identity and Background There have been no material changes to the information previously reported in the Schedule 13D with respect to the Reporting Persons.

Source or Amount of Funds or Other Consideration

Item 3. Source or Amount of Funds or Other Consideration.

is hereby amended and supplemented as follows

Item 3 is hereby amended and supplemented as follows: Mr. Bodang Liu purchased an aggregate of 48,700 Common Shares on August 8, 2024 and August 9, 2024 in open market transactions. The aggregate consideration paid to purchase such Common Shares was $463,145.60 in cash, and the source of such funds was the Reporting Person’s personal funds.

Purpose of Transaction

Item 4. Purpose of Transaction.

is hereby amended and supplemented as follows

Item 4 is hereby amended and supplemented as follows: The Reporting Person, Bodang Liu, acquired the securities described in this Amendment for investment purposes and intends to review his investment in the Issuer on a continuing basis. The Reporting Person may from time to time acquire additional shares of the Issuer, or retain or sell all or a portion of the shares then held by the Reporting Person, in the open market, block trades, underwritten public offerings or privately negotiated transactions. Any actions the Reporting Person might undertake with respect to his investment in the Issuer may be made at any time and from time to time and will be dependent upon the Reporting Person’s review of numerous factors, including, but not limited to, ongoing evaluation of the Issuer’s business, financial condition, operations, prospects, price levels of the Issuer’s securities; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; and other factors and future developments. The Reporting Person currently has no plans or proposals that relate to or would result in any of the actions specified in clause (a) through (j) of Item 4 of Schedule 13D. Depending upon the foregoing factors and to the extent deemed advisable in light of his overall investment portfolio and strategies, or other factors, the Reporting Person may, at any time and from time to time, formulate other plans or proposals regarding the Issuer or the Common Shares of the Issuer, or any other actions that could involve one or more of the types of transactions or have one or more of the results described in paragraphs (a) through (j) of Item 4 of Schedule 13D. The foregoing is subject to change at any time, and there can be no assurance that the Reporting Person will take any of the actions set forth above. 4 CUSIP No. G6593L122 SCHEDULE 13D

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

is hereby amended and restated as follows

Item 5 is hereby amended and restated as follows: (a) The aggregate number and percentage of the class of Common Shares beneficially owned by each Reporting Person are stated in Items 11 and 13 on the cover pages hereto. (b) The Reporting Person, Bodang Liu, has sole voting power and sole disposition power over the shares identified in Item 5(a). (c) Transactions in the Common Shares of the Issuer that were effected during the past 60 days by the Reporting Person are described below. Transaction Date Effecting Person(s) Shares Acquired Price Per Share (1) Description of Transaction 08/08/2024 Bodang Liu 22,000 $ 8.98 Open market purchases 08/09/2024 Bodang Liu 26,700 $ 9.94 Open market purchases (1) Average price per share includes commissions. Except as described herein, the Reporting Person has not effected any transactions in the Common Shares of the Issuer during the past sixty days. (d) Except as described herein, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Shares. (e) Not applicable.

Contracts, Arrangements, Understandings or Relationships

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Not applicable

Material to Be Filed as Exhibits

Item 7. Material to Be Filed as Exhibits. Not Applicable 5 CUSIP No. G6593L122 SCHEDULE 13D 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: August 12, 2024 By: /s/ Bodang Liu Name: Bodang Liu NiSun International Enterprise Management Group Co., Ltd. By: /s/ Bodang Liu Name: Bodang Liu Title: Director 6

View Full Filing

View this SC 13D/A filing on SEC EDGAR