TCTM Kids IT Education Inc. Sees 13D/A Filing

TL;DR

BIG SHIFT: TCTM Kids IT Education Inc. (formerly Tarena) filed a 13D/A amendment. Major holders Han Shaoyun, Lijuan Han, Ying Sun updated their stake. Details TBD.

AI Summary

On July 31, 2024, Han Shaoyun, Lijuan Han, and Ying Sun filed an amendment (No. 12) to their Schedule 13D regarding TCTM Kids IT Education Inc. The filing indicates a change in the group members and potentially their beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. The filing pertains to the Class A Ordinary Shares of the company, formerly known as Tarena International, Inc.

Why It Matters

This amendment to a Schedule 13D filing signals a potential shift in significant beneficial ownership of TCTM Kids IT Education Inc., which could impact the company's stock price and corporate governance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or indicate changes in control, which can introduce volatility.

Key Players & Entities

• Han Shaoyun (person) — Filing party and group member
• Lijuan Han (person) — Filing party and group member
• Ying Sun (person) — Filing party and group member
• TCTM Kids IT Education Inc. (company) — Subject company
• Tarena International, Inc. (company) — Former company name

FAQ

Key Financial Figures

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

Filing Documents

• tm2420446d1_sc13da.htm (SC 13D/A) — 75KB
• tm2420446d1_ex99-1.htm (EX-99.1) — 5KB
• tm2420446d1_ex99-2.htm (EX-99.2) — 10KB
• 0001104659-24-084168.txt ( ) — 92KB

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.

Contracts, Arrangements, Understandings or Relationships

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

of the Schedule 13D is hereby amended and

Item 6 of the Schedule 13D is hereby amended and supplemented by the following: On July 29, 2024, Moocon Education Limited (“Moocon”) and Connion entered into an Instrument of Transfer, pursuant to which Moocon agreed to transfer 2,000,000 Class A Ordinary Shares to Connion in a consideration of USD 1. The description of the above Instruments of Transfer is qualified in its entirety by reference to the full text of each of such agreements, a copy of which is filed by the Reporting Person as exhibits to this Schedule 13D. To the best knowledge of the Reporting Persons, except as provided herein and disclosed before, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and between any of the Reporting Persons and any other person with respect to any securities of the Company, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies, or a pledge or contingency, the occurrence of which would give another person voting power over the securities of the Company. Exhibit No. Description 99.1 Joint Filing Agreement dated July 31, 2024 by and among the Reporting Persons. 99.2 Instrument of Transfer by and between Moocon and Connion dated July 29, 2024. 5 CUSIP No. G8675B 105 13D Page 6 of 6 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: July 31, 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