Kwong Amends PS International Group Stake
Ticker: PSIG · Form: SC 13D/A · Filed: Aug 30, 2024 · CIK: 1997201
Sentiment: neutral
Topics: sec-filing, schedule-13d, beneficial-ownership
TL;DR
Kwong updated his PS International Group stake filing. Watch for potential moves.
AI Summary
Kin Yin Alfred Kwong has amended their Schedule 13D filing for PS International Group Limited, reporting a change in beneficial ownership as of August 15, 2024. The filing details the ownership of ordinary shares, par value $0.0001 per share, with CUSIP number G7308J105.
Why It Matters
This amendment signals a potential shift in control or significant shareholder activity for PS International Group Limited, which could impact its stock price and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility.
Key Players & Entities
- Kin Yin Alfred Kwong (person) — Filing party and beneficial owner
- PS International Group Limited (company) — Subject company
- G7308J105 (other) — CUSIP number for the securities
FAQ
What specific change in beneficial ownership is reported in this amendment?
The filing is an amendment to a Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., percentage increase/decrease, number of shares) are not fully detailed in the provided text snippet.
Who is the primary filer for this SC 13D/A?
The primary filer is Kin Yin Alfred Kwong.
What is the CUSIP number for the securities of PS International Group Limited mentioned in the filing?
The CUSIP number is G7308J105.
What is the title of the class of securities being reported?
The title of the class of securities is Ordinary Shares, par value $0.0001 per share.
What is the date of the event that requires this filing?
The date of the event which requires filing of this statement is August 15, 2024.
Filing Stats: 1,070 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2024-08-30 13:45:42
Key Financial Figures
- $0.0001 — of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti
- $1.85 — er share August 13, 2024 10,200 $ $1.85 August 14, 2024 370,200 $ $2.26 A
- $2.26 — $ $1.85 August 14, 2024 370,200 $ $2.26 August 15, 2024 24,600 $ $2.59 To
- $2.59 — 0 $ $2.26 August 15, 2024 24,600 $ $2.59 Total Number of Shares Sold: 405,000
- $2.35 — per share August 14, 2024 5,000 $ $2.35 August 15, 2024 8,400 $ $1.80 Aug
- $1.80 — 00 $ $2.35 August 15, 2024 8,400 $ $1.80 August 17, 2024 200 $ $1.50 Total
- $1.50 — ,400 $ $1.80 August 17, 2024 200 $ $1.50 Total Number of Shares Bought: 13,600
Filing Documents
- ea0213018-13da1kwong_psinter.htm (SC 13D/A) — 58KB
- 0001213900-24-074381.txt ( ) — 59KB
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer (a) The responses to Items 11 and 13 of the cover pages to this Amendment No. 1 are incorporated therein. (b) The responses to Items 7 to 10 of the cover pages to this Amendment No. 1 are incorporated therein. (c) During the past 60 days, the transactions of the Ordinary Shares of PS International Group Limited set forth below were effected for Active Move Group Holdings Limited’s account at Tiger Brokers in the open market. Each day’s sales comprised open market transactions made on that day, and the price per share reported for each sale is the weighted average sales price. Active Move Group Holdings Limited and Mr. Kin Yin Alfred Kwong will provide upon request of the SEC staff the full information regarding the number of shares sold at each separate price. Date of transaction Number of shares sold Average price per share August 13, 2024 10,200 $ $1.85 August 14, 2024 370,200 $ $2.26 August 15, 2024 24,600 $ $2.59 Total Number of Shares Sold: 405,000 Ordinary Shares Date of transaction Number of shares bought Average price per share August 14, 2024 5,000 $ $2.35 August 15, 2024 8,400 $ $1.80 August 17, 2024 200 $ $1.50 Total Number of Shares Bought: 13,600 Ordinary Shares 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: August 30, 2024 Active Move Group Holdings Limited By: /s/ Kin Yin Alfred Kwong Name: Kin Yin Alfred Kwong Title: Director Kin Yin Alfred Kwong /s/ Kin Yin Alfred Kwong 5