Changxun Sun reports shares returned to the company at RAASY
By AlphaYouPublished Form 4
Sun Changxun
Reporting filer
Changxun Sun 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 2 entries.
- Disclosed
- Oct 29, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class A ordinary shares | Sun Changxun | 2026-10-28 | D | Disposition to issuer | 2000000 | Not stated (see footnotes) | 0 | 1 day | Filed terms
|
| Class B ordinary shares | Sun Changxun | 2026-10-28 | D | Disposition to issuer | 25649839 | Not stated (see footnotes) | 0 | 1 day | Filed terms
|
Class A ordinary shares
- Owner
- Sun Changxun
- Date
- 2026-10-28
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 2000000
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Class A ordinary shares
- transaction Date: 2026-10-28
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 2000000
- 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
Class B ordinary shares
- Owner
- Sun Changxun
- Date
- 2026-10-28
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 25649839
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Class B ordinary shares
- transaction Date: 2026-10-28
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 25649839
- id: F1
- id: F4
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: See Footnote
- id: F5
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.
- Sun Changxun: Chief Executive Officer.
- 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: In connection with the Merger, Flawless Success Limited entered into a support agreement, dated as of May 12, 2026 (the "Support Agreement"), pursuant to which, among other things, at the effective time of the Merger (the "Effective Time"), each of these class A ordinary shares, with par value of US$0.0001 each, of the Issuer (each a "Class A Ordinary Share" and collectively, the "Class A Ordinary Shares"), reported in this row and beneficially owned by Mr. Sun Changxun was cancelled in exchange for one ordinary share newly issued by HoldCo.
- F3: These Class A Ordinary Shares are held by Flawless Success Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under the Issuer's share incentive plans.
- F4: Pursuant to the Support Agreement, at the Effective Time, each of these Class B ordinary shares, with par value of US$0.0001 each, of the Issuer (each a "Class B Ordinary Share" and collectively, the "Class B Ordinary Shares"), reported in this row and beneficially owned by Mr. Sun Changxun was cancelled in exchange for one ordinary share newly issued by HoldCo.
- F5: These Class B Ordinary Shares are held by Cloopen Co., Ltd, a company wholly-owned by Mr. Sun Changxun.
Original sources
Prepared automatically from public filing data. Report a correction.