Cloud Alliance Inc. Amends Quhuo Ltd. Stake Filing
Ticker: QH · Form: SC 13D/A · Filed: Apr 10, 2024 · CIK: 1781193
| Field | Detail |
|---|---|
| Company | Quhuo Ltd (QH) |
| Form Type | SC 13D/A |
| Filed Date | Apr 10, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
TL;DR
Cloud Alliance Inc. updated its filing on Quhuo Ltd. shares – ownership details changed.
AI Summary
Cloud Alliance Inc. filed an amendment (SC 13D/A) on April 10, 2024, regarding its holdings in Quhuo Limited. The filing indicates a change in the beneficial ownership of Quhuo Limited's Class A and Class B Ordinary Shares. Specific details on the percentage of ownership change or the exact number of shares involved are not provided in this excerpt.
Why It Matters
This amendment signals a potential shift in control or significant influence over Quhuo Limited by Cloud Alliance Inc., which could impact the company's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in power or strategy, potentially affecting stock price and requiring further investigation.
Key Players & Entities
- Cloud Alliance Inc (company) — Filing entity
- Quhuo Limited (company) — Subject company
- Zhifa Liu (person) — Contact person for Cloud Alliance Inc.
- 20240410 (date) — Filing date
FAQ
What specific changes in beneficial ownership were reported by Cloud Alliance Inc. for Quhuo Limited?
The filing is an amendment (SC 13D/A) filed on April 10, 2024, indicating a change in beneficial ownership, but the specific details of the change are not present in the provided text.
What is the CUSIP number for Quhuo Limited's securities?
The CUSIP number for Quhuo Limited's Class A Ordinary Shares and Class B Ordinary Shares is 74841Q 209.
Who is the contact person listed for Cloud Alliance Inc. in this filing?
The contact person listed for Cloud Alliance Inc. is Zhifa Liu, with a phone number of +1 (631) 238 8888.
What is the business address of Quhuo Limited?
Quhuo Limited's business address is 3rd Floor, Block D, Tonghui Building, No. 1132 Huihe South Street, Beijing, F4, 100020.
What is the filing date of this SC 13D/A amendment?
The filing date of this SC 13D/A amendment is April 10, 2024.
Filing Stats: 1,728 words · 7 min read · ~6 pages · Grade level 13 · Accepted 2024-04-10 12:08:42
Key Financial Figures
- $0.0001 — ) Class A Ordinary Shares, par value US$0.0001 per share Class B Ordinary Shares, pa
Filing Documents
- formsc13da.htm (SC 13D/A) — 50KB
- 0002018265-24-000005.txt ( ) — 52KB
Purpose of Transaction
Item 4. Purpose of Transaction
of the Schedule 13D is hereby amended and restated as follows
Item 4 of the Schedule 13D is hereby amended and restated as follows: The Reporting Persons acquired the securities described in Item 5 in the ordinary course of business for investment purposes because of their belief that the securities are undervalued and represent an attractive investment opportunity. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors, including, without limitation, the outcome of any discussions referenced below, the Issuer's financial position and strategic direction, actions taken by management or the board of directors, price levels of the Ordinary Shares, other investment opportunities available to the Reporting Persons, conditions in the securities market and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate, including, without limitation, purchasing additional Ordinary Shares or selling some or all of their Ordinary Shares, engaging in short selling of or any hedging or similar transactions with respect to the Ordinary Shares and/or otherwise changing their intention with respect to any and all matters referred to in the "Special Instructions for Complying with Schedule 13D" in general and Item 4 in particular. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or additional proposals with respect to their investment in the Ordinary Shares. In addition, the Reporting Persons may engage in discussions with management, the board of directors, or other shareholders of the Issuer and other relevant parties, including representatives of any of the foregoing, concerning the Reporting Persons' investment in the Ordinary Shares and the Issuer, including, without limitation, matters concerning the Issuer's business, operations, technology developments, board