Sec Form 13G Filing - Sea Pearl Worldwide Holding Limited filing for - 2025-05-12

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  (1) The values in rows 5,7, and 9 represent (i) 73,680,917 Class B ordinary shares held of record by Express Ocean Universe Limited, a company registered in British Virgin Islands, (ii) 1,691,412 Class A ordinary shares beneficially owned by Engine Holdings Limited and (iii) 4,931,487 Class A ordinary shares beneficially owned by certain minority shareholder based on the Issuer's register of members dated as of March 31, 2025. Express Ocean Universe Limited is wholly owned by Dreamline Worldwide Ventures Limited, which is in turn wholly owned by Eternal River Trust, or the Trust, for which Trident Trust Company (HK) Limited acts as the trustee. Haijun Wang is the sole director of Express Ocean Universe Limited and the settlor of the Trust, retaining the investment and dispositive powers with respect to the assets of the Trust. The beneficiaries of the Trust are Haijun Wang and Sea Pearl Worldwide Holding Limited, a company registered in the British Virgin Islands and wholly owned by Haijun Wang. Haijun Wang and Sea Pearl Worldwide Holding Limited exercise voting power over the 1,691,412 Class A ordinary shares beneficially owned by Engine Holdings Limited and the 4,931,487 Class A ordinary shares beneficially owned by the minority shareholder based on the Issuer's register of members dated as of March 31, 2025. As such, each of Haijun Wang and Sea Pearl Worldwide Holding Limited may be deemed to share beneficial ownership of the foregoing Class A ordinary shares. Both of Haijun Wang and Sea Pearl Worldwide Holding Limited disclaim economic interests with respect to the foregoing Class A ordinary shares. (2) See Item 4 for the calculation of the percentage in row 11.


SCHEDULE 13G



Comment for Type of Reporting Person:  (1) The values in rows 5,7, and 9 represent (i) 73,680,917 Class B ordinary shares held of record by Express Ocean Universe Limited, a company registered in British Virgin Islands, (ii) 1,691,412 Class A ordinary shares beneficially owned by Engine Holdings Limited, (iii) 4,931,487 Class A ordinary shares beneficially owned by certain minority shareholder based on the Issuer's register of members dated as of March 31, 2025, and (iv) 4,531,704 Class A ordinary shares underlying 4,531,704 share options granted to Haijun Wang under the Issuer's Public Company Plan, which are exercisable within 60 days after March 31, 2025. (2) See Item 4 for the calculation of the percentage in row 11.


SCHEDULE 13G



Comment for Type of Reporting Person:  (1) The values in rows 5,7, and 9 represent 73,680,917 Class B ordinary shares held of record by Express Ocean Universe Limited, a company registered in British Virgin Islands. (2) See Item 4 for the calculation of the percentage in row 11.


SCHEDULE 13G


 
Sea Pearl Worldwide Holding Limited
 
Signature:/s/ Haijun Wang
Name/Title:Haijun Wang / Director
Date:05/12/2025
 
Haijun Wang
 
Signature:/s/ Haijun Wang
Name/Title:Haijun Wang / Director
Date:05/12/2025
 
Express Ocean Universe Limited
 
Signature:/s/ Haijun Wang
Name/Title:Haijun Wang / Director
Date:05/12/2025
Exhibit Information

Exhibit A - Joint Filing Agreement

primary_doc.xml