Xin Rong Gan Amends Mercurity Fintech Holding Stake Filing

TL;DR

Gan Xin Rong updated their Mercurity Fintech stake filing, event date May 23, 2024.

AI Summary

Xin Rong Gan filed an amendment (SC 13D/A) on August 15, 2024, regarding their holdings in Mercurity Fintech Holding Inc. The filing indicates a change in the date of the event requiring this statement to May 23, 2024. Gan's address is in Shenzhen, China.

Why It Matters

This amendment updates information related to significant beneficial ownership, which can signal changes in control or investment strategy for Mercurity Fintech Holding Inc.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate shifts in significant ownership stakes, which can impact stock price and corporate control.

Key Players & Entities

• Xin Rong Gan (person) — Filing person
• Mercurity Fintech Holding Inc. (company) — Subject company
• May 23, 2024 (date) — Date of event requiring filing
• August 15, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.004 — of Issuer) Ordinary Shares, par value $0.004 (Title of Class of Securities) G594
• $3,450,000 — 000 ordinary shares of the Issuer for US$3,450,000 derived from personal funds. The desc

Filing Documents

• formsc13da.htm (SC 13D/A) — 64KB
• ex99-9.htm (EX-99.9) — 5KB
• 0001493152-24-032659.txt ( ) — 71KB

From the Filing

SC 13D/A 1 formsc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* MERCURITY FINTECH HOLDING INC. (Name of Issuer) Ordinary Shares, par value $0.004 (Title of Class of Securities) G59467202 (CUSIP Number) Xin Rong Gan Room 2-204, Building 7, Jindaotian Jinzhou Garden, Luohu District, Shenzhen, Guangdong Province, China Phone: +86 17486297789 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 23, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box . Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. 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). SCHEDULE 13D CUSIP No. G59467202 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Xin Rong Gan 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) PF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION China NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 4,600,000 (1) 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 4,600,000 (1) 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,600,000 (1) 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6% (2) 14 TYPE OF REPORTING PERSON (See Instructions) IN (1) Including reporting person’s holding of 4,600,000 Ordinary Shares. (2) Based on the sum of 60,819,897 ordinary shares of the Issuer issued and outstanding as of July 31, 2024. Item 1. Security and Issuer This Shares”), of Mercurity Fintech Holding Inc., a Cayman Islands company (the “Issuer”), whose principal executive offices are located at 1330 Avenue of Americas, Fl 33, New York, 10019, United States. The Issuer’s Ordinary Shares are listed on the Nasdaq Capital Market under the symbol “MFH.” Item 2. Identity and Background (a) This (b) Address: Room 2-204, Building 7, Jindaotian Jinzhou Garden, Luohu District, Shenzhen, Guangdong Province, China. (c) Occupations: Self-employed. (d) During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and is not as a result of such proceeding subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) China. Item 3. Source and Amount of Funds or Other Considerations On March 23, 2023, Xin Rong Gan entered into a share ownership transfer agreement (the “Share Ownership Transfer Agreement”) and a warrant transfer agreement (the “Warrant Transfer Agreement”) with Hanqi Li, pursuant to which Xin Rong Gan acquired from Hanqi Li 4,600,000 ordinary shares and warrants to purchase 13,800,000 ordinary shares of the Issuer for US$3,450,000 derived from personal funds. The description of the Share Ownership Transfer Agreement and Warrant Transfer Agreement as aforementioned is qualified in its entirety by reference to the complete text of the Share Ownership Transfer Agreement and the Warrant Transfer Agreement, which have been filed as Exhibit 99.1 and Exhibit 99.2, and which are incorporated herein by reference in its entirety. Item 4. Purpose of Transaction The information set forth in Items 3 and 5 is hereby incorporated by reference in its entirety in this Item 4

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