Ziguang Gao reports shares returned to the company at RAASY
By AlphaYouPublished Form 4
Gao Ziguang
Reporting filer
Ziguang Gao reports shares returned to the company, not an open-market purchase or sale, in Cloopen Group Holding Ltd. Form 4 filed Oct 29, 2026 lists 1 entry.
- Disclosed
- Oct 29, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| American depositary shares | Gao Ziguang | 2026-10-28 | D | Disposition to issuer | 36666 | Not stated (see footnotes) | 0 | 1 day | Filed terms
|
American depositary shares
- Owner
- Gao Ziguang
- Date
- 2026-10-28
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 36666
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: American depositary shares
- transaction Date: 2026-10-28
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 36666
- id: F1
- id: F2
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: See Footnote
- id: F3
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Gao Ziguang: Director.
- F1: This Form 4 reports securities disposed of under the Agreement and Plan of Merger, dated May 12, 2026 (the "Merger Agreement"), by and among the Issuer, SpringX Holdings Limited ("Parent"), AutumnX Holdings Limited ("Holdco"), a wholly-owned subsidiary of Parent and SummerX Holdings Limited ("Merger Sub"), a wholly-owned subsidiary of Holdco. Pursuant to be Merger Agreement, Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer being the surviving company of the Merger as a wholly-owned subsidiary of Holdco. Upon completion of the Merger, the Issuer became a privately-held company.
- F2: At the effective time of the Merger, each American depositary share ("ADS") reported in this row of this Form 4 (each ADS represents six class A ordinary shares of the Issuer) was cancelled and ceased to exist in exchange for the right to receive US$2.9641 in cash per ADS without interest, subject to the terms and conditions of the Merger Agreement.
- F3: Each of these ADSs are held by Marnik Ltd., a family trust with Mr. Gao Ziguang and his wife as co-beneficiaries and trustees.
Original sources
Prepared automatically from public filing data. Report a correction.