Amendment: SEC Form SC 13G/A filed by Agora Inc.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨    Rule 13d-1(b)
¨    Rule 13d-1(c)
x   Rule 13d-1(d)

* 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 the disclosures provided in a prior cover page.

** There is no CUSIP number assigned to the Class A Ordinary Shares. CUSIP number 00851L103 has been assigned to the American Depositary Shares (“ADSs”) of the Company, which are quoted on the New York Stock Exchange under the symbol “API”.  Each ADS represents four Class A Ordinary Shares.

The information required in 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) Represents (a) 1,752,720 Class A ordinary shares held by Morningside China TMT Fund II, L.P.; (b) 20,384,412 Class A ordinary shares held by Morningside China TMT Top Up Fund, L.P.; (c) 12,558,748 Class A ordinary shares held by Morningside China TMT Special Opportunity Fund II, L.P.; and (d) 1,255,875 Class A ordinary shares held by Morningside China TMT Fund IV Co-Investment, L.P.. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP II, L.P. and Morningside China TMT GP IV, L.P. are controlled by TMT General Partner Ltd., their general partner.

(2) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(3) Represents (a) 1,752,720 Class A ordinary shares held by Morningside China TMT Fund II, L.P.; (b) 20,384,412 Class A ordinary shares held by Morningside China TMT Top Up Fund, L.P.. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT GP II, L.P. is controlled by TMT General Partner Ltd., its general partner.

(4) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(5) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(6) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(7) Represents (a) 12,558,748 Class A ordinary shares held by Morningside China TMT Special Opportunity Fund II, L.P.; and (b) 1,255,875 Class A ordinary shares held by Morningside China TMT Fund IV Co-Investment, L.P.. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP IV, L.P. is controlled by TMT General Partner Ltd., their general partner.

(8) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A ordinary shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(9) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(10) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(11) Represents (a) 7,740,612 Class A ordinary shares held by Evolution Special Opportunity Fund I, L.P.; and (b) 1,161,092 Class A ordinary shares held by Evolution Fund I Co-investment, L.P.. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are controlled by 5Y Capital GP Limited, their general partner.

(12) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(13) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s annual report on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

(14) The ownership percentage of the Reporting Person is calculated based on 288,948,416 Class A Ordinary Shares outstanding as of March 31, 2024 as reported in the Company’s prospectus on Form 20-F filed with the Securities Exchange Commission on April 24, 2024.

Item 1.

(a)   Name of Issuer:

Agora, Inc.

(b)   Address of Issuer’s Principal Executive Offices:

Floor 8, Building 12

Phase III of ChuangZhiTianDi

333 Songhu Road

Yangpu District, Shanghai

The People’s Republic of China

Item 2.

(a)   Name of Person Filing:

(b)  Address of Principal Business Office or, if none, Residence:

I. II. III. IV.

V. VI. VII.

VIII. IX & X

c/o Suite 905-6, 9th Floor

ICBC Tower, Three Garden Road

Hong Kong

(c)   Citizenship:

I. II. III. IV

V. VI VII.

VIII. IX. & X      Cayman Islands

(d)   Title of Class of Securities:

Class A ordinary shares, par value US$0.0001 per share

(e)   CUSIP Number:

There is no CUSIP number assigned to the Class A Ordinary Shares. CUSIP number 00851L103 has been assigned to the American Depositary Shares (“ADSs”) of the Company, which are quoted on the Nasdaq Global Select Market under the symbol “API”. Each ADS represents four Class A Ordinary Shares.

Item 3.    If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

Not applicable

Item 4.    Ownership

(a)   Amount beneficially owned:

The information required by Items 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference.

(b)   Percent of class:

The information required by Items 4(a) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference.

(c)   Number of shares as to which the person has:

The information required by Items 4(c) is set forth in Rows 5-8 of the cover page for each Reporting Person and is incorporated herein by reference.

Morningside China TMT Fund II, L.P. is the record owner of 1,752,720 Class A ordinary shares; Morningside China TMT Top Up Fund, L.P. is the record owner of 20,384,412 Class A ordinary shares; Morningside China TMT Special Opportunity Fund II, L.P. is the record owner of 12,558,748 Class A ordinary shares; and Morningside China TMT Fund IV Co-Investment, L.P. is the record owner of 1,255,875 Class A ordinary shares. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP II, L.P. and Morningside China TMT GP IV, L.P. are controlled by TMT General Partner Ltd., their general partner. TMT General Partner Ltd. is controlled by its board consisting of three individuals, including Jianming Shi, Qin Liu and Gerald Lokchung Chan, who have the voting and dispositive powers over the shares held by Morningside China TMT Fund II, L.P., Morningside China TMT Top Up Fund, L.P., Morningside China TMT Special Opportunity Fund II, L.P., and Morningside China TMT Fund IV Co-Investment, L.P.

Evolution Special Opportunity Fund I, L.P. is the record owner of 7,740,611 Class A ordinary shares and Evolution Fund I Co-investment, L.P. is the record owner of 1,161,092 Class A ordinary shares. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are controlled by 5Y Capital GP Limited, their general partner. 5Y Capital GP Limited is controlled by its board consisting of three individuals, including Qin Liu, Claris Ruwende and Ting Yue LIOW, who have the voting and dispositive powers over the shares held by Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P..

Item 5.   Ownership of Five Percent or Less of a Class

Not applicable

Item 6.   Ownership of More than Five Percent on Behalf of Another Person

Not applicable

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable

Item 8.    Identification and Classification of Members of the Group

Not applicable

Item 9.    Notice of Dissolution of Group

Not applicable

Item 10. Certifications

Not applicable

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: November 7, 2024

Exhibit Index