TCTM Kids IT Education Inc. Ownership Update

TL;DR

BIG SHIFT: TCTM Kids IT Education Inc. ownership filing updated by Han, Han, Sun. Check for details.

AI Summary

On April 24, 2024, Shaoyun Han, Lijuan Han, and Ying Sun filed an amendment (Amendment No. 11) to their Schedule 13D for TCTM Kids IT Education Inc. The filing indicates a change in beneficial ownership of Class A Ordinary Shares, though specific new ownership percentages or dollar amounts are not detailed in this excerpt. The filing relates to the company formerly known as Tarena International, Inc., which changed its name on November 21, 2013.

Why It Matters

This filing signals a potential shift in control or significant stake changes for TCTM Kids IT Education Inc., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings, especially amendments, often indicate significant changes in beneficial ownership that can lead to increased stock volatility.

Key Players & Entities

• TCTM Kids IT Education Inc. (company) — Subject Company
• Shaoyun Han (person) — Filer/Beneficial Owner
• Lijuan Han (person) — Filer/Beneficial Owner
• Ying Sun (person) — Filer/Beneficial Owner
• Tarena International, Inc. (company) — Former Company Name
• Haiping Li, Esq. (person) — Legal Counsel
• Skadden, Arps, Slate, Meagher & Flom LLP (company) — Legal Firm

FAQ

Key Financial Figures

• $0.001 — er) Class A Ordinary Shares, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• tm2412479d1_sc13da.htm (SC 13D/A) — 72KB
• tm2412479d1_ex99-1.htm (EX-99.1) — 6KB
• 0001104659-24-051217.txt ( ) — 80KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

(a)–(d) of the Schedule 13D is

Item 5(a)–(d) of the Schedule 13D is hereby amended and restated as follows: (a)–(b) The responses of each Reporting Person to Rows (7) through (13), including the footnotes thereto, of the cover pages of this Schedule 13D are hereby incorporated by reference in this Item 5. Except as disclosed in this Schedule 13D, none of the Reporting Persons beneficially owns any Ordinary Shares or has the right to acquire any Ordinary Shares. Except as disclosed in this Schedule 13D, none of the Reporting Persons presently has the power to vote or to direct the vote or to dispose or direct the disposition of any of the Ordinary Shares which it may be deemed to beneficially own. (c) Except as disclosed in this Schedule 13D, none of the Reporting Persons has effected any transaction in the Ordinary Shares during the past 60 days. (d) Except as disclosed in this Schedule 13D, to the best knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Ordinary Shares beneficially owned by any of the Reporting Persons. (e) Not Applicable. Exhibit No. Description 99.1 Joint Filing Agreement dated April 24, 2024 by and among the Reporting Persons. 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. Date: April 24, 2024 Shaoyun Han /s/ Shaoyun Han Shaoyun Han Lijuan Han /s/ Lijuan Han Lijuan Han Ying Sun /s/ Ying Sun Ying Sun

View Full Filing

View this SC 13D/A filing on SEC EDGAR