Nisun Int'l Enterprise Dev Group: Ownership Filing Update
Ticker: AIOS · Form: SC 13D/A · Filed: Aug 22, 2024 · CIK: 1603993
Sentiment: neutral
Topics: ownership-change, sec-filing, beneficial-ownership
TL;DR
Bodang Liu & NiSun Int'l Enterprise Management updated their stake in Nisun Int'l Enterprise Dev Group. Check the filing for details.
AI Summary
Bodang Liu and NiSun International Enterprise Management Group Co., Ltd. have filed an amendment (Amendment No. 2) to their Schedule 13D for Nisun International Enterprise Development Group Co., Ltd. The filing, dated August 22, 2024, indicates a change in the reporting of beneficial ownership of Class A Common Shares.
Why It Matters
This filing updates information regarding significant beneficial ownership, which can influence investor perception and stock trading activity.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can signal shifts in control or strategy, potentially impacting the stock price.
Key Players & Entities
- Bodang Liu (person) — Reporting Person
- NiSun International Enterprise Management Group Co., Ltd. (company) — Reporting Person
- Nisun International Enterprise Development Group Co., Ltd. (company) — Subject Company
- Class A Common Shares (security) — Securities subject to filing
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment (Amendment No. 2) to a Schedule 13D, used to report changes in beneficial ownership of securities.
Who are the reporting persons in this filing?
The reporting persons are Bodang Liu and NiSun International Enterprise Management Group Co., Ltd.
What company's securities are being reported on?
The securities being reported on are those of Nisun International Enterprise Development Group Co., Ltd.
What type of securities are involved?
The filing pertains to Class A Common Shares of Nisun International Enterprise Development Group Co., Ltd.
When was this amendment filed?
This amendment was filed on August 22, 2024.
Filing Stats: 1,642 words · 7 min read · ~5 pages · Grade level 9.1 · Accepted 2024-08-22 08:30:22
Key Financial Figures
- $0.01 — to the Class A common shares, par value $0.01 per share (the “Common Shares&rdq
- $536,009.90 — paid to purchase such Common Shares was $536,009.90 in cash, and the source of such funds w
Filing Documents
- ea0212041-13da2liu_nisun.htm (SC 13D/A) — 47KB
- 0001213900-24-071624.txt ( ) — 49KB
Security and Issuer
Item 1. Security and Issuer. There have been no changes to the information previously reported in the Schedule 13D with respect to the Issuer and its Common Shares.
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 54,000 Common Shares on August 19, 2024 in open market transactions. The aggregate consideration paid to purchase such Common Shares was $536,009.90 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 supplemented as follows
Item 4 is hereby 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 08/19/2024 Bodang Liu 54,000 $ 9.93 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 22, 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