SC 13G: TOYO Co., Ltd
Ticker: TOYWF · Form: SC 13G · Filed: Nov 14, 2024 · CIK: 1985273
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by TOYO Co., Ltd.
Risk Assessment
Risk Level: low
Filing Stats: 1,464 words · 6 min read · ~5 pages · Grade level 11.1 · Accepted 2024-11-14 06:59:02
Key Financial Figures
- $0.0001 — of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- ea0221234-13gryu_toyo.htm (SC 13G) — 92KB
- ea022123401ex99-1_toyo.htm (EX-99.1) — 5KB
- 0001213900-24-097784.txt ( ) — 98KB
(A) NAME OF ISSUER
ITEM 1(A) NAME OF ISSUER: TOYO Co., Ltd
(B) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
ITEM 1(B) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES: Tennoz First Tower F5, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002
(A) NAME OF PERSON FILING
ITEM 2 (A) NAME OF PERSON FILING: (1) BestToYo Technology Company Limited (2) WA Global Corporation (3) Junsei Ryu
(B) ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
ITEM 2 (B) ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: (1) BestToYo Technology Company Limited: c/o TOYO Co., Ltd, Tennoz First Tower F5, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002 (2) WA Global Corporation: c/o TOYO Co., Ltd, Tennoz First Tower F5, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002 (3) Junsei Ryu: c/o TOYO Co., Ltd, Tennoz First Tower F5, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002
(C) CITIZENSHIP
ITEM 2 (C) CITIZENSHIP: (1) BestToYo Technology Company Limited: a Cayman Islands exempted company (2) WA Global Corporation: a Cayman Islands exempted company (3) Junsei Ryu: Japanese
(D) TITLE OF CLASS OF SECURITIES
ITEM 2 (D) TITLE OF CLASS OF SECURITIES: Ordinary Shares, par value $0.0001 per share
(E) CUSIP NO
ITEM 2 (E) CUSIP NO.: G8976D 107
IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13D-1(B)
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: 5
OWNERSHIP
ITEM 4. OWNERSHIP (a) Amount beneficially owned: (1) BestToYo Technology Company Limited: 13,279,822 (2) WA Global Corporation: 25,420,000 (3) Junsei Ryu: 38,699,822, including (i) 13,279,822 Ordinary Shares held by BestToYo, and (ii) 25,420,000 Ordinary Shares held by WAG. (b) Percent of class: (1) BestToYo Technology Company Limited: 28.5% (2) WA Global Corporation: 54.6% (3) Junsei Ryu: 83.1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote (1) BestToYo Technology Company Limited: 13,279,822 (2) WA Global Corporation: 25,420,000 (3) Junsei Ryu: 38,699,822 (ii) Shared power to vote or to direct the vote (1) BestToYo Technology Company Limited: 0 (2) WA Global Corporation: 0 (3) Junsei Ryu: 0 (iii) Sole power to dispose or to direct the disposition of (1) BestToYo Technology Company Limited: 13,279,822 (2) WA Global Corporation: 25,420,000 (3) Junsei Ryu: 38,699,822 (iv) Shared power to dispose or to direct the disposition of (1) BestToYo Technology Company Limited: 0 (2) WA Global Corporation: 0 (3) Junsei Ryu: 0 6
OWNERSHIP OF 5 PERCENT OR LESS OF A CLASS
ITEM 5. OWNERSHIP OF 5 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 5 PERCENT ON BEHALF OF ANOTHER PERSON
ITEM 6. OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable.
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
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 OF THE GROUP
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.
CERTIFICATIONS
ITEM 10. CERTIFICATIONS Not applicable. 7 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. BestToYo Technology Company Limited Signature /s/ Junsei Ryu Name/Title Junsei Ryu; Director Date: November 14, 2024 WA Global Corporation Signature /s/ Junsei Ryu Name/Title Junsei Ryu; Director Date: November 14, 2024 Signature /s/ Junsei Ryu Name/Title Junsei Ryu Date: November 14, 2024 8 Exhibits Exhibit No. Title 1 Joint Filing Agreement, dated November 14, 2024 9