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Emeren Group | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Himanshu H. Shah(34.15%),Shah Capital Management(34.02%), etc.

SEC announcement ·  Jan 5 00:00
Summary by Moomoo AI
On January 5, 2024, Shah Capital Management, Inc., Shah Capital Opportunity Fund LP, and Himanshu H. Shah, collectively known as the Reporting Persons, filed an amendment to their Schedule 13D with the United States Securities and Exchange Commission, disclosing their ownership stakes in Emeren Group Ltd. The amendment, identified as Amendment No. 7, updates previous filings regarding their investment in the company's ordinary shares and American Depositary Shares. Shah Capital Management and Shah Capital Opportunity Fund LP reported shared voting and dispositive power over 18,582,856 and 18,200,000 shares respectively, while Himanshu H. Shah individually reported shared voting and dispositive power over 18,582,856 shares and sole voting and dispositive power over 56,370 shares. Collectively, this represents a significant portion of the company, with Shah Capital Management holding 34.02%, Shah...Show More
On January 5, 2024, Shah Capital Management, Inc., Shah Capital Opportunity Fund LP, and Himanshu H. Shah, collectively known as the Reporting Persons, filed an amendment to their Schedule 13D with the United States Securities and Exchange Commission, disclosing their ownership stakes in Emeren Group Ltd. The amendment, identified as Amendment No. 7, updates previous filings regarding their investment in the company's ordinary shares and American Depositary Shares. Shah Capital Management and Shah Capital Opportunity Fund LP reported shared voting and dispositive power over 18,582,856 and 18,200,000 shares respectively, while Himanshu H. Shah individually reported shared voting and dispositive power over 18,582,856 shares and sole voting and dispositive power over 56,370 shares. Collectively, this represents a significant portion of the company, with Shah Capital Management holding 34.02%, Shah Capital Opportunity Fund LP 33.34%, and Himanshu H. Shah 34.15% of the outstanding shares. The filing indicates that the shares were acquired for investment purposes and that no other transactions in the company's shares were made by the Reporting Persons in the last 60 days, except for the purchase of 1,206,298 shares for $2,838,372. The filing also includes a Joint Filing Agreement dated January 5, 2024.

This announcement is a separate document:

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