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UP Fintech Holding Ltd Q4 2024 Financial Report: Key Share Sale Insights

$TIGR
Form
Filed on: 2024-11-13
Source
UP Fintech Holding Ltd Q4 2024 Financial Report: Key Share Sale Insights

Here's a summary of the key information extracted from the provided financial report section:

Filer Information:

  • Filer CIK: 0001979623
  • Filer CCC: XXXXXXXX
  • Filing Type: Live filing (not a test)

Issuer Information:

  • Name of Issuer: UP Fintech Holding Ltd
  • SEC File Number: 001-38833
  • Address: 18F, NO.16 Taiyanggong Rd, Chaoyang Dist., Beijing, China 100020
  • Phone: 86-10-56216660
  • Person for Whose Account Securities are Sold: Dong Ming
  • Relationship to Issuer: Key personnel

Securities Information:

  • Title of Securities: American Depositary Shares (each representing 15 Class A Ordinary Shares)
  • Broker: Tiger Brokers (NZ) Limited, Level 27, Queen Street, Auckland Central, Auckland Q2 1010
  • Number of Shares to be Sold: 260,000
  • Aggregate Market Value: $1,528,800.00
  • Number of Shares Outstanding: 186,895,898
  • Approximate Date of Sale: November 13, 2024
  • Securities Exchange: NASDAQ

Details of Securities to be Sold:

  • Acquisition Information:
  1. Transaction: Converted from Class B ordinary shares (pre-IPO shareholder)
    • Date Acquired: November 19, 2018
    • Amount of Securities Acquired: 2,663,333
    • Nature of Payment: Cashless
  1. Transaction: ESOP options exercise
    • Date Acquired: June 10, 2019
    • Amount of Securities Acquired: 950,116
    • Date of Payment: February 22, 2019
    • Nature of Payment: Cash

Recent Sales:

  • Securities Sold in the Past 3 Months: Nothing to report.

Remarks:

  • The securities will be sold for the account of Dong Ming (key personnel) and Juvenamster Capital Holding Limited (controlled by Dong Ming).
  • Date of Notice: November 13, 2024.

Signature:

  • Authorized Representative: Shi Zhangwenqing, acting as attorney-in-fact for Dong Ming.

Important Note:

  • The filing emphasizes that the seller does not possess any undisclosed adverse information regarding the issuer's operations.

This summary captures essential details about the filing, including the issuer's identity, the securities involved, the relationship of the seller to the issuer, and the key transactions related to the securities being sold.