Amended Statement of Beneficial Ownership (sc 13d/a)
January 07 2019 - 6:12AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Information to be included in Statements
Filed Pursuant to Rule 13d-1(a)
and Amendments Thereto Filed Pursuant to
Rule 13d-2(a)
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Link Motion
Inc.
(Name of Issuer)
Common Shares, par value $0.0001 per
share
(Title of Class of Securities)
G6429X 100
(CUSIP Number)
China AI Capital Limited
Vistra Corporate Services Centre
Wickhams Cay II, Road Town
Tortola VG1110, British Virgin Islands
(Name, Address and Telephone Number of
Person Authorized to
Receive Notices and Communications)
January 4, 2019
(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.
¨
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).
|
1
|
NAMES OF REPORTING PERSONS
China AI Capital Limited
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
¨
(b)
¨
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS (See Instructions)
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
70,175,439
(1)
|
|
8
|
SHARED VOTING POWER
0
|
|
9
|
SOLE DISPOSITIVE POWER
70,175,439
(1)
|
|
10
|
SHARED DISPOSITIVE POWER
0
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
70,175,439
(1)
|
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
¨
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
(2)(3)
(assuming conversion of all outstanding
Class B common shares into the same number of Class A common shares)
|
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
CO
|
|
|
(1)
|
Represent 70,175,439 Class B common shares held by the China AI Capital Limited. Each Class B common share is convertible into
one Class A common share at the option of the holder at any time.
|
|
|
(2)
|
Based on 439,581,997 Class A common shares and 120,528,407 Class B common shares outstanding as of July 20, 2018, as advised
by the Issuer.
|
|
|
(3)
|
Represent approximately 42.7% of the voting power represented by all outstanding Class A common shares and Class B common shares
of the Issuer as of July 20, 2018, as advised by the Issuer. Each holder of Class A common shares is entitled to one vote per Class
A common share. Each holder of Class B common shares is entitled to ten votes per Class B common share.
|
|
1
|
NAMES OF REPORTING PERSONS
Rui Chi
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
¨
(b)
¨
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS (See Instructions)
PF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
0
|
|
9
|
SOLE DISPOSITIVE POWER
0
|
|
10
|
SHARED DISPOSITIVE POWER
0
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
¨
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
IN
|
|
1
|
NAMES OF REPORTING PERSONS
Yu Li
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
¨
(b)
¨
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS (See Instructions)
PF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
People’s Republic of China
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
70,175,439
(1)
|
|
8
|
SHARED VOTING POWER
0
|
|
9
|
SOLE DISPOSITIVE POWER
70,175,439
(1)
|
|
10
|
SHARED DISPOSITIVE POWER
0
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
70,175,439
(1)
|
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
¨
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
(2)(3)
(assuming conversion of all outstanding
Class B common shares into the same number of Class A common shares)
|
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
IN
|
|
|
(1)
|
Represent 70,175,439 Class B common shares held by China AI Capital Limited. Mr. Yu Li is the sole director of China AI Capital
Limited and beneficially owns 100% of the outstanding ordinary shares of China AI Capital Limited. Each Class B common share is
convertible into one Class A common share at the option of the holder at any time.
|
|
|
(2)
|
Based on 439,581,997 Class A common shares and 120,528,407 Class B common shares outstanding as of July 20, 2018, as advised
by the Issuer.
|
|
|
(3)
|
Represent approximately 42.7% of the voting power represented by all outstanding Class A common shares and Class B common shares
of the Issuer as of July 20, 2018, as advised by the Issuer. Each holder of Class A common shares is entitled to one vote per Class
A common share. Each holder of Class B common shares is entitled to ten votes per Class B common share.
|
Item 1. Security and Issuer.
This Amendment No. 2 amends the Schedule
13D filed jointly by the Reporting Persons with the Securities and Exchange Commission (the “SEC”) on August 23, 2018,
as previously amended by Amendment No. 1 filed on September 26, 2018 (the “Original Statement”). Capitalized terms
used herein have meanings as assigned thereto in the Original Statement unless defined herein.
Item 2. Identity and Background.
Item 2 of the Original Statement is amended
and restated in its entirety as follows:
This Schedule 13D is being filed jointly
by China AI Capital Limited (“China AI”), Mr. Rui Chi and Mr. Yu Li (each a “Reporting Person” and collectively
the “Reporting Persons”) pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended. The agreement
between the Reporting Persons relating to the joint filing of this statement is attached hereto as Exhibit 7.1.
China is a company incorporated under the
laws of the British Virgin Islands. China is an investment holding company. The principal business address of China AI is c/o Vistra
Corporate Services Centre, Wickhams Cay II, Road Town, Tortola VG1110, British Virgin Islands.
Mr. Li is the sole director of China
AI and owns 100% of the outstanding ordinary shares of China AI. Mr. Li is a citizen of the People’s Republic of China.
His principle occupation is being the director of China AI and managing China AI’s investment holdings. Mr. Li’s business
address is c/o Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola VG1110, British Virgin Islands.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Original Statement is supplemented
as follows:
On January 4, 2019, Mr. Rui Chi transferred
all of the ordinary shares of China AI owned by him to Mr. Yu Li and Mr. Rui Chi resigned as a director of China AI. As a result
of the foregoing transactions, Mr. Yu Li became the sole shareholder and sole director of China AI and Mr. Rui Chi ceased to beneficially
own any common shares of the Issuer.
As previously announced by the Issuer on
December 19, 2018, Mr. Rui Chi, who prior to December 19, 2018 had been a Co-Chairman of the Issuer, resigned from the Issuer’s
board of directors due to personal reasons, effective as of December 19, 2018.
SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: January 6, 2019
|
|
China AI Capital Limited
|
|
|
|
|
|
|
By:
|
/s/ Yu Li
|
|
|
|
Name: Yu Li
|
|
|
|
Title: Director
|
|
|
|
|
|
|
Rui Chi
|
|
|
|
|
|
|
By:
|
/s/ Rui Chi
|
|
|
|
|
|
|
Yu Li
|
|
|
|
|
|
|
By:
|
/s/ Yu Li
|
Link Motion Inc. American Depositary Shares, Each Representing Five Class A Common Shares (NYSE:LKM)
Historical Stock Chart
From Apr 2024 to May 2024
Link Motion Inc. American Depositary Shares, Each Representing Five Class A Common Shares (NYSE:LKM)
Historical Stock Chart
From May 2023 to May 2024
