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Sea | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Gang Ye (“Mr. Ye”)(6.1%)

SEC announcement ·  Feb 6 06:17
Summary by Moomoo AI
Gang Ye, a significant shareholder in Sea Limited, has filed an amended Schedule 13G with the United States Securities and Exchange Commission on February 6, 2024, indicating a change in his ownership stake in the company. The filing, dated December 31, 2023, shows that Mr. Ye holds 35,334,564 Class A ordinary shares, representing 6.1% of the class. This includes 28,934,564 shares directly held or beneficially owned, and 6,400,000 shares issuable upon the exercise of options within 60 days from the reporting date. Additionally, Mr. Ye has appointed Mr. Forrest Xiaodong Li, Sea Limited's chairman and group chief executive officer, as his irrevocable proxy to exercise voting power over 13,358,719 of these shares. The shares Mr. Ye owns, excluding those under Mr. Li's proxy, account for approximately 1.8% of the aggregate voting power of all issued and outstanding shares of Sea Limited. The filing confirms Mr. Ye's citizenship in Singapore and his association with Sea Limited's principal executive offices located at 1 Fusionopolis Place, Galaxis, Singapore.
Gang Ye, a significant shareholder in Sea Limited, has filed an amended Schedule 13G with the United States Securities and Exchange Commission on February 6, 2024, indicating a change in his ownership stake in the company. The filing, dated December 31, 2023, shows that Mr. Ye holds 35,334,564 Class A ordinary shares, representing 6.1% of the class. This includes 28,934,564 shares directly held or beneficially owned, and 6,400,000 shares issuable upon the exercise of options within 60 days from the reporting date. Additionally, Mr. Ye has appointed Mr. Forrest Xiaodong Li, Sea Limited's chairman and group chief executive officer, as his irrevocable proxy to exercise voting power over 13,358,719 of these shares. The shares Mr. Ye owns, excluding those under Mr. Li's proxy, account for approximately 1.8% of the aggregate voting power of all issued and outstanding shares of Sea Limited. The filing confirms Mr. Ye's citizenship in Singapore and his association with Sea Limited's principal executive offices located at 1 Fusionopolis Place, Galaxis, Singapore.
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