Wealthford Capital Amends Lobo EV Holdings Filing
Ticker: LOBO · Form: SC 13D · Filed: Oct 11, 2024 · CIK: 1932072
Sentiment: neutral
Topics: sec-filing, schedule-13d, amendment
TL;DR
**Wealthford Capital just updated their Lobo EV stake filing - something's up!**
AI Summary
Wealthford Capital Ltd filed an amendment (No. 2) to its Schedule 13G on October 11, 2024, regarding its holdings in Lobo EV Technologies Ltd. The filing indicates a change in the reporting person's status, likely transitioning from passive to active investment or a significant change in holdings. The specific details of the change in beneficial ownership are not fully disclosed in this excerpt, but the amendment itself signifies an active update by Wealthford Capital.
Why It Matters
This amendment signals a potential shift in Wealthford Capital's investment strategy or stake in Lobo EV Technologies, which could impact the company's stock performance and corporate governance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position or intentions, which can introduce volatility.
Key Numbers
- 20241011 — Filing Date (Indicates the date the amendment was filed with the SEC.)
Key Players & Entities
- Wealthford Capital Ltd (company) — Filing Person
- Lobo EV Technologies Ltd (company) — Subject Company
- Huajian Xu (person) — Group Member
FAQ
What specific change in beneficial ownership triggered this Amendment No. 2 to Schedule 13G?
The provided excerpt does not detail the specific change in beneficial ownership, only that an amendment was filed on October 11, 2024.
What is the CUSIP number for Lobo EV Technologies Ltd's Ordinary Shares?
The CUSIP number for Lobo EV Technologies Ltd's Ordinary Shares is G00350101.
Who is authorized to receive notices and communications for this filing?
The person authorized to receive notices and communications is c/o Gemini Mansion B 901, i Park No. 18-17 Zhenze Rd, Xinwu District Wuxi, Jiangsu People’s Republic of China, 214111, with a phone number of +86 510 88584252.
What is the SIC code for Lobo EV Technologies Ltd?
The Standard Industrial Classification (SIC) code for Lobo EV Technologies Ltd is 3751, which corresponds to Motorcycles, Bicycles & Parts.
What was the date of the event requiring this filing?
The date of the event which requires filing of this statement is October 9, 2024.
Filing Stats: 1,753 words · 7 min read · ~6 pages · Grade level 9.7 · Accepted 2024-10-11 16:05:30
Key Financial Figures
- $0.001 — TD (Name of Issuer) Ordinary Share, $0.001 par value per share (Title of Class o
Filing Documents
- formsc13d.htm (SC 13D) — 111KB
- ex99-1.htm (EX-99.1) — 5KB
- ex99-2.htm (EX-99.2) — 5KB
- ex99-1_001.jpg (GRAPHIC) — 595KB
- ex99-1_002.jpg (GRAPHIC) — 716KB
- ex99-1_003.jpg (GRAPHIC) — 273KB
- ex99-1_004.jpg (GRAPHIC) — 91KB
- ex99-2_001.jpg (GRAPHIC) — 611KB
- ex99-2_002.jpg (GRAPHIC) — 731KB
- ex99-2_003.jpg (GRAPHIC) — 279KB
- ex99-2_004.jpg (GRAPHIC) — 90KB
- 0001493152-24-040897.txt ( ) — 4788KB
From the Filing
SC 13D 1 formsc13d.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment No. 2 to Schedule 13G)* Under the Securities Exchange Act of 1934 LOBO EV TECHNOLOGIES LTD (Name of Issuer) Ordinary Share, $0.001 par value per share (Title of Class of Securities) G00350101 (CUSIP Number) c/o Gemini Mansion B 901, i Park No. 18-17 Zhenze Rd, Xinwu District Wuxi, Jiangsu People’s Republic of China, 214111. +86 510 88584252 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 9, 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 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 (the “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). CUSIP No. G00350101 1. Names of Reporting Persons. Wealthford Capital Ltd. (1) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization British Virgin Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 3,674,320 8. Shared Voting Power 0 9. Sole Dispositive Power 3,674,320 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,674,320 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 47.23% (2) 14. Type of Reporting Person (See Instructions) CO CUSIP No. G00350101 1. Names of Reporting Persons. Huajian Xu 2. Check the Appropriate Box if a Member of a Group (See Instructions) (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 People’s Republic of China Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 3,674,320 8. Shared Voting Power 0 9. Sole Dispositive Power 3,674,320 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,674,320 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 47.23% (2) 14. Type of Reporting Person (See Instructions) IN (1) Huajian Xu is the 90% shareholder and holds the voting and dispositive power over the ordinary shares of the Company (the “Ordinary Share(s)”) held by Wealthford Capital Ltd. (2) Percentage is calculated based on 7,780,000 Ordinary Shares issued and outstanding based on the interim report on Form 6-K filed by the issuer on September 30, 2024. CUSIP No. G00350101 Item 1. Security and Issuer. This LTD (the “ Issuer ”). The principal executive offices of the Issuer are located at Gemini Mansion B 901, i Park, No. 18-17 Zhenze Rd, Xinwu District, Wuxi, Jiangsu, People’s Republic of China, 214111. The Ordinary Shares are listed on the Nasdaq Global Market under the symbol “LOBO”. Item 2. Identity and Background. (a) Wealthford Capital Ltd. Huajian Xu Huajian Xu owns 90% of issued and outstanding shares of Wealthford Capital Ltd. and is the sole director of Wealthford Capital Ltd. By virtue of these relationships, Huajian Xu may be deemed to beneficially own the ordinary shares of the Issuer owned directly by Wealthford Capital Ltd. (b) Principal address of the Reporting Persons is c/o Gemini Mansion B 901, i Park, No. 18-17 Zhenze Rd, Xinwu District, Wuxi, Jiangsu, People’s Republic of China. (c) Wealthford Capital Ltd. is a holding entity of Huajian Xu without material operations. Mr. Xu is the sole director of Weal