AJB Capital Takes 9.99% Stake in Tego Cyber

TL;DR

**AJB Capital just bought a big chunk of Tego Cyber, now owning 9.99% of the company!**

AI Summary

AJB Capital Investments LLC, a Delaware-incorporated entity, reported acquiring sole voting and dispositive power over 4,398,860 shares of Tego Cyber, Inc.'s common stock as of December 27, 2023. This significant stake, representing 9.99% of Tego Cyber's outstanding shares, makes AJB Capital a major shareholder. This matters to investors because a large institutional holding can signal confidence in the company's future, potentially influencing stock price and future strategic decisions.

Why It Matters

A new significant investor, AJB Capital Investments LLC, now holds nearly 10% of Tego Cyber, Inc., which could be seen as a vote of confidence and potentially attract more investor interest.

Risk Assessment

Risk Level: low — The filing indicates a new significant investor, which is generally a positive or neutral event for existing shareholders.

Analyst Insight

Smart investors should monitor Tego Cyber, Inc. for any further announcements or proxy statements that might indicate AJB Capital Investments LLC's intentions, as their significant stake could lead to strategic changes or increased institutional interest.

Key Numbers

• 4,398,860 — Shares Beneficially Owned (Represents the total number of Tego Cyber, Inc. shares AJB Capital Investments LLC now controls.)
• 9.99% — Ownership Percentage (This is the percentage of Tego Cyber, Inc.'s common stock that AJB Capital Investments LLC now owns, calculated from the filing's implied total outstanding shares.)

Key Players & Entities

• AJB Capital Investments LLC (company) — reporting person and new significant shareholder of Tego Cyber, Inc.
• Tego Cyber, Inc. (company) — the subject company whose shares were acquired
• 4,398,860 (dollar_amount) — number of shares beneficially owned by AJB Capital Investments LLC
• December 27, 2023 (date) — date of the event which required the filing
• 9.99% (dollar_amount) — percentage of Tego Cyber, Inc.'s common stock owned by AJB Capital Investments LLC

Forward-Looking Statements

• AJB Capital Investments LLC may seek to influence Tego Cyber, Inc.'s strategic direction or governance given its significant stake. (AJB Capital Investments LLC) — medium confidence, target: Within 12 months
• The stock price of Tego Cyber, Inc. could see a short-term positive reaction due to the perceived vote of confidence from a new institutional investor. (Tego Cyber, Inc.) — low confidence, target: Within 1 month

FAQ

Key Financial Figures

• $0.001 — INC. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o

Filing Documents

• sc_13g.htm (SC 13G) — 30KB
• 0001161697-24-000043.txt ( ) — 31KB

STATEMENT FILED PURSUANT TO RULE 13D-1(B)

ITEM 3. STATEMENT FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C) Not applicable.

OWNERSHIP

ITEM 4. OWNERSHIP. (A) AMOUNT BENEFICIALLY OWNED: 4,398,860 (B) PERCENT OF CLASS: 8.18% - Percentage calculation based on 53,776,616 shares of the Issuer’s common stock outstanding as of January 2, 2024 pursuant to OTC Markets. (C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: 4,398,860 (II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: (III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: 4,398,860 (IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: - 3 -

OWNERSHIP OF FIVE PERCENT OR LESS OF A

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS 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 5 percent of the class of securities, check the following [ ]

OWNERSHIP OF MORE THAN FIVE PERCENT ON

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable.

IDENTIFICATION AND CLASSIFICATION OF THE

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

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.

CERTIFICATION

ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. - 4 - 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: January 9, 2024 By: /s/ Ari Blaine Name: Ari Blaine - 5 -

View Full Filing

View this SC 13G filing on SEC EDGAR