Peifeng Xu Amends Smart Share Global (EM) Stake on Dec 31, 2023
Ticker: EM · Form: SC 13G/A · Filed: Feb 2, 2024 · CIK: 1834253
Complexity: simple
Sentiment: neutral
Topics: beneficial-ownership, insider-filing, amendment, shareholder-update
Related Tickers: EM
TL;DR
**Major shareholder Peifeng Xu updated his stake in Smart Share Global (EM) as of year-end 2023.**
AI Summary
Peifeng Xu, a significant shareholder in Smart Share Global Ltd (NASDAQ: EM), filed an amended SC 13G/A on February 2, 2024, indicating a change in his beneficial ownership as of December 31, 2023. This filing, Amendment No. 2, updates his previous disclosures regarding his stake in the company's ordinary shares. For investors, this matters because changes in large shareholder positions can signal shifts in confidence or strategic intentions, potentially influencing stock performance.
Why It Matters
This filing updates the public record on a major shareholder's position, which can influence investor sentiment and potentially signal future actions by Mr. Xu regarding Smart Share Global Ltd.
Risk Assessment
Risk Level: low — This is a routine amendment to a beneficial ownership filing and does not inherently indicate a high level of risk.
Analyst Insight
Investors should monitor future SC 13G/A filings from Peifeng Xu to track any further changes in his beneficial ownership, as significant increases or decreases could signal his evolving outlook on Smart Share Global Ltd's prospects.
Key Numbers
- $0.0001 — Par Value per Share (The par value of each ordinary share of Smart Share Global Ltd.)
- 83193E 102 — CUSIP Number (CUSIP number assigned to the American Depositary Shares (ADSs) of Smart Share Global Ltd.)
- 2 — Amendment Number (This filing is Amendment No. 2 to the original Schedule 13G.)
Key Players & Entities
- Peifeng Xu (person) — reporting person and significant shareholder of Smart Share Global Ltd
- Smart Share Global Ltd (company) — the issuer of the securities, trading under the symbol 'EM'
- SUPER JUNE LTD (company) — a group member associated with the filing
- 07 Trade & Services (company) — organization name associated with the subject company data
- $0.0001 (dollar_amount) — par value per ordinary share of Smart Share Global Ltd
Forward-Looking Statements
- Peifeng Xu will maintain a significant, but non-controlling, stake in Smart Share Global Ltd. (Peifeng Xu) — medium confidence, target: Next 12 months
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is Peifeng Xu, as stated under 'NameS of Reporting PersonS' on the cover page.
What is the name of the issuer whose securities are being reported on?
The issuer is Smart Share Global Limited, as identified under 'Name of Issuer' on the Schedule 13G form.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number is 83193E 102, which is assigned to the American Depositary Shares (ADSs) of Smart Share Global Limited, as noted in the filing.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page of the Schedule 13G.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(d), indicated by the checked box on the cover page.
Filing Stats: 1,687 words · 7 min read · ~6 pages · Grade level 12.7 · Accepted 2024-02-02 06:12:48
Key Financial Figures
- $0.0001 — Issuer) Ordinary shares, par value of $0.0001 per share (Title of Class of Securiti
Filing Documents
- tm244206d1_sc13ga.htm (SC 13G/A) — 71KB
- 0001104659-24-009698.txt ( ) — 72KB
(a). Name of Issuer
Item 1(a). Name of Issuer: Smart Share Global Limited
(b). Address of Issuer's Principal Executive Offices
Item 1(b). Address of Issuer's Principal Executive Offices: 6th Floor, 799 Tianshan W Road Changning District, Shanghai 200335 People's Republic of China
(a). Name of Person Filing
Item 2(a). Name of Person Filing: Peifeng Xu Super June Limited
(b). Address of Principal Business Office, or, if none, Residence
Item 2(b). Address of Principal Business Office, or, if none, Residence: Peifeng Xu 6th Floor, 799 Tianshan W Road Changning District, Shanghai 200335 People's Republic of China Super June Limited Start Chambers, Wickham's Cay II, P.O. Box 2221, Road Town Tortola, British Virgin Islands
(c). Citizenship
Item 2(c). Citizenship: Peifeng Xu — People's Republic of China Super June Limited — British Virgin Islands
(d). Title of Class of Securities
Item 2(d). Title of Class of Securities: Ordinary shares, par value $0.0001 per share, of the Issuer. The Issuer's ordinary shares consist of Class A ordinary shares and Class B ordinary shares. The rights of the holders of Class A ordinary shares and Class B ordinary shares are identical, except with respect to conversion rights and voting rights. Each Class B ordinary shares is convertible at the option of the holder at any time into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. Each Class B ordinary share is entitled to ten (10) votes per share, whereas each Class A ordinary share is entitled to one vote per share.
(e). CUSIP No
Item 2(e). CUSIP No.: 83193E 102 This CUSIP number applies to the ADSs, each ADS representing two Class A ordinary shares of the Issuer. There is no CUSIP number assigned to the Class A ordinary shares.
If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check
Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a: Not applicable 4
Ownership
Item 4. Ownership: The following information with respect to the Amount beneficially owned Percent of class Percent of aggregate voting power Sole power to vote or direct the vote Shared power to vote or to direct the vote Sole power to dispose or to direct the disposition of Shared power to dispose or to direct the disposition of Peifeng Xu 30,822,000 (1) 5.9 % (2) 23.4 % (3) 30,822,000 (1) 0 30,822,000 (1) 0 Super June Limited 30,822,000 (1) 5.9 % (2) 23.4 % (3) 30,822,000 (1) 0 30,822,000 (1) 0 (1) Represents 27,397,000 Class B ordinary shares, 3,000,000 Class A ordinary shares and 425,000 Class A ordinary shares issuable upon the exercise of options within 60 days of December 31, 2023, held by Super June Limited, a British Virgin Islands company wholly owned by Peifeng Xu. (2) The percentage of the class of securities beneficially owned by each reporting person is based on a total of 519,150,565 issued and outstanding Class A and Class B ordinary shares, being the sum of 445,176,595 Class A ordinary shares (excluding 7,721,582 Class A ordinary shares in the form of ADSs held as treasury shares and reserved for future issuance upon the exercising or vesting of awards granted under the Issuer's share incentive plans) and 73,973,970 Class B ordinary shares, of the Issuer as a single class as of December 31, 2023. In computing the percentage ownership of the reporting persons, we have included shares that the reporting persons have the right to acquire within 60 days, including through the exercise of any option, warrant or other right or the conversion of any other security, after December 31, 2023. (3) For each reporting person, percentage of aggregate voting power is calculated by dividing the voting power beneficially owned by such reporting person by the voting power of all of the Issuer's issued
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class: Not applicable
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By
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
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group: Not applicable
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group: Not applicable
Certifications
Item 10. Certifications: Not applicable 5 LIST OF EXHIBITS Exhibit 99.1 — Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to Schedule 13G filed on February 11, 2022 by the reporting persons with the Securities and Exchange Commission) 6 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: February 2, 2024 Peifeng Xu /s/ Peifeng Xu Super June Limited By: /s/ Peifeng Xu Name: Peifeng Xu Title: Director