Samuel Wu Amends ESGL Holdings Stake

TL;DR

Wu amended his 13D for ESGL Holdings. Check the filing for details.

AI Summary

Samuel Wu filed an amendment (Amendment No. 2) to Schedule 13D on October 18, 2024, regarding his beneficial ownership of ESGL Holdings Limited. The filing indicates a change in the reporting person's holdings, though specific details on the nature of the change or the exact number of shares are not provided in this excerpt. The filing date of the event requiring this amendment was September 14, 2024.

Why It Matters

This filing signals a potential shift in significant ownership for ESGL Holdings, which could influence the company's stock price and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in beneficial ownership, which can lead to increased stock volatility.

Key Players & Entities

• Samuel Wu (person) — Reporting Person
• ESGL Holdings Limited (company) — Subject Company
• October 18, 2024 (date) — Filing Date
• September 14, 2024 (date) — Date of Event

FAQ

Key Financial Figures

• $0.0001 — of Issuer) Ordinary shares, par value $0.0001 per share (Title of Class of Securiti
• $0.25 — porting Person at a purchase price of US$0.25 per share. The initial closing under th
• $0.29 — porting Person at a purchase price of US$0.29 per share. The closing under the Purcha
• $1.02 — vate transaction at the sale price of US$1.02 per share. Item 4. Purpose of Transac

Filing Documents

• formsc13da.htm (SC 13D/A) — 57KB
• 0001493152-24-041480.txt ( ) — 59KB

From the Filing

SC 13D/A 1 formsc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 2)* ESGL Holdings Limited (Name of Issuer) Ordinary shares, par value $0.0001 per share (Title of Class of Securities) G3R95P108 (CUSIP Number) 55 Li Hwan Drive, Singapore 557089 Tel: +65 8890 0078 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 14, 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 (“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. G3R95P108 1. Names of Reporting Persons. Samuel Wu 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 Singapore Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 9,641,380(1) 8. Shared Voting Power 9. Sole Dispositive Power 9,641,380(1) 10. Shared Dispositive Power 11. Aggregate Amount Beneficially Owned by Each Reporting Person 9,641,380(1) 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 23.96% (1) 14. Type of Reporting Person (See Instructions) IN (1) Percentage is calculated based on 40,239,419 ordinary shares issued and outstanding on October 1, 2024. Item 1. Security and Issuer. This Shares”) of ESGL Holdings Limited (the “Issuer”). The principal executive offices of the Issuer are located at 101 Tuas South Avenue 2, Singapore 637226. The Ordinary Shares are listed on the Nasdaq Global Market under the symbol “ESGL.” Item 2. Identity and Background. (a) This (b) The (c) N/A. (d)–(e) During the last five years, the Reporting Person has not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is 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) Samuel Wu is a citizen of the Republic of Singapore. Item 3. Source and Amount of Funds or Other Consideration. On March 27, 2024, the Reporting Person entered into a Share Purchase Agreement dated March 27, 2024 (the “Purchase Agreement”) with the Issuer, pursuant to which the Issuer issued in a private placement 10,000,000 Ordinary Shares to the Reporting Person at a purchase price of US$0.25 per share. The initial closing under the Purchase Agreement took place on March 28, 2024 pursuant to which the Reporting Person purchased 2,000,000 Ordinary Shares. The second and final closing under the Purchase Agreement took place on April 3, 2024 pursuant to which the Purchaser purchased 8,000,000 Ordinary Shares. On August 21, 2024, the Reporting Person entered into a Share Purchase Agreement dated August 21, 2024 with the Issuer, pursuant to which the Issuer issued in a private placement 200,000 Ordinary Shares to the Reporting Person at a purchase price of US$0.29 per share. The closing under the Purchase Agreement took place on August 22, 2024. For a period of three months follo wing the closing date, The Reporting Person was granted the right to purchase up to an aggregate of 3,441,380 additional Ordinary Shares on the same and terms and conditions set forth in the Share Purchase Agreement dated August 21, 2024. The Reporting Person exercised the right to purchase 3,441,380 additional Ordinary Shares on Sep

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