- Amended Statement of Beneficial Ownership (SC 13D/A)
September 20 2012 - 9:31AM
Edgar (US Regulatory)
CUSIP No. 16949H102
|
|
Page 1 of 5 Pages
|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of
1934
ChinaNet Online Holdings, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
16949H102
(CUSIP Number)
Mitchell S. Nussbaum, Esq.
Loeb & Loeb LLP
345 Park Avenue
New York, New York 10154
(212) 407-4159
(Name, Address and Telephone Number
of Person Authorized to Receive Notices and Communications)
August 10, 2012
(Date of Event Which Requires Filing
of This Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box
o
.
Note.
Schedules filed in paper format
shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties
to whom copies are to be sent.
*
The remainder of this cover page shall be filled
out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act")
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
(Continued on following pages)
CUSIP No. 16949H102
|
|
Page 2 of 5 Pages
|
1
|
NAME OF REPORTING PERSONS
STAR (CHINA) HOLDINGS LIMITED
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
o
(b)
o
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS*
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
BRITISH VIRGIN ISLANDS
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
5.77%
|
8
|
SHARED VOTING POWER
-0-
|
9
|
SOLE DISPOSITIVE POWER
5.77%
|
10
|
SHARED DISPOSITIVE POWER
-0-
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,279,080
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.77%
|
14
|
TYPE OF REPORTING PERSON*
CO
|
CUSIP No. 16949H102
|
|
Page 3 of 5 Pages
|
1
|
NAME OF REPORTING PERSONS
KOTOI HOROFUMI
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
o
(b)
o
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS*
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
JAPAN
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
5.77%
|
8
|
SHARED VOTING POWER
-0-
|
9
|
SOLE DISPOSITIVE POWER
5.77%
|
10
|
SHARED DISPOSITIVE POWER
-0-
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,279,080
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.77%
|
14
|
TYPE OF REPORTING PERSON*
IN
|
CUSIP No. 16949H102
|
|
Page 4 of 5 Pages
|
EXPLANATORY NOTE
This Amendment No. 1
to Schedule 13D (“Amendment No. 1”) amends and supplements the Original Schedule 13D (the “Original
Schedule 13D”) filed by the Reporting Persons with the Securities and Exchange Commission (the “Commission”)
on July 7, 2009. This Amendment, together with the Original Schedule 13D is hereby referred to as the “Schedule 13D”. As
of August 10, 2012, Star (China) Holdings Limited sold 1,279,080 shares of Common Stock of the Company to two accredited investors. Accordingly,
the Reporting Persons ceased to be the beneficial owners of more than five percent of common stock of the Issuer as of August
10, 2012. This Amendment No. 1 is the final amendment to the Schedule 13D and is an exit filing.
Except as specifically
amended below, all other provisions of the Schedule 13D remain in effect.
Item 5.
|
Interest in Securities of the Company.
|
(a) The
Reporting Persons beneficially own an aggregate of 1,279,080 shares of Common Stock, representing approximately 5.77% of the total
issued and outstanding shares of Common Stock (based on 22,186,540 shares of Common Stock issued and outstanding as of the date
hereof) (the “Star China Shares”).
(b) Each
of the Reporting Persons has sole voting and dispositive power over the Star China Shares.
(c) Other
than the acquisition of the Star China Shares as reported on this Schedule 13D described as below, none of the Reporting Persons
has effected any transactions in the Common Stock during the past 60 days:
On June 11, 2012, Star China entered into
a stock purchase agreement, as amended subsequently on July 30, 2012, with two accredited investors, citizens of P.R. China, pursuant
to which Star China sold 1,279,080 shares of common stock of the Issuer, for a purchase price of $3 million in the aggregate. The
transaction was consummated in P. R. China.
(d) To
the knowledge of the Reporting Persons, no other person is known to have the right to receive or the power to direct the receipt
of dividends from, or the proceeds from the sale of, the Star China Shares.
(e) Not
applicable.
Item 6.
|
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
|
In connection with the transfer described
in Item 5 above, Star (China) Holding Limited and each applicable investor therein receiving Subject Shares signed agreements in
substantially the forms attached hereto as Exhibits 1, 2.
Item 7.
|
Materials to be Filed as Exhibits.
|
Exhibit 1
|
Form of Stock Purchase Agreement.
|
|
|
Exhibit 2
|
Form of Amendment to Stock Purchase Agreement.
|
CUSIP No. 16949H102
|
|
Page 5 of 5 Pages
|
SIGNATURES
After reasonable inquiry and to the best
of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated: September 20, 2012
|
STAR (CHINA) HOLDINGS LIMITED
|
|
|
|
|
|
|
By:
|
/s/Kotoi Hirofumi
|
|
|
|
Name: Kotoi Hirofumi
|
|
|
|
Title: Director
|
|
|
|
|
|
|
|
/s/ Kotoi Hirofumi
|
|
|
|
Kotoi Hirofumi
|
|
|
|
|
|
|
|
|
|
ZW Data Action Technolog... (NASDAQ:CNET)
Historical Stock Chart
From Jun 2024 to Jul 2024
ZW Data Action Technolog... (NASDAQ:CNET)
Historical Stock Chart
From Jul 2023 to Jul 2024