SC 13G: Fangdd Network Group Ltd.

Ticker: DUO · Form: SC 13G · Filed: Oct 8, 2024 · CIK: 1750593

Sentiment: neutral

Topics: sc-13g

AI Summary

SC 13G filing by Fangdd Network Group Ltd..

Risk Assessment

Risk Level: low

Filing Stats: 1,027 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-10-08 16:01:02

Key Financial Figures

Filing Documents

Ownership

Item 4. Ownership. (a)–(c) The information required by Items 4(a)-(c) is set forth in Rows (5)-(9) and Row (11) of the cover page and is incorporated herein by reference. The percentage set forth on Row (11) of the cover page for the reporting person is based on 8,501,767 shares of Class A Ordinary Shares outstanding based upon the Issuer’s Prospectus on Form 424b(5) filed with the SEC on October 1, 2024, and information provided by the Issuer’s counsel and the Placement Agent concerning the exercise of pre-existing warrants.. The numbers in this Schedule 13G do not give effect to the Issuer’s Class B Ordinary Shares and Class C Ordinary Shares, which are not registered pursuant to Section 12 of the Securities Exchange Act of 1934. David Feldman and Joel Arber are the Directors of L1 Capital Global Opportunities Master Fund, Ltd. As such, L1 Capital Global Opportunities Master Fund, Ltd., Mr. Feldman, and Mr. Arber may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the issuer’s securities described herein. To the extent Mr. Feldman and Mr. Arber are deemed to beneficially own such securities, Mr. Feldman and Mr. Arber disclaim beneficial ownership of these securities for all other purposes. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following Item 6. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable.

SIGNATURES

SIGNATURES 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. By: L1 Capital Global Opportunities Master Fund, Ltd. October 8, 2024 By: /s/ David Feldman David Feldman, Director

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