SEC Form SC 13G/A filed by BeyondSpring Inc. (Amendment)
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Rule 13d-1(b)
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Rule 13d-1(c)
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Rule 13d-1(d)
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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.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 2 of 12
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1
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NAMES OF REPORTING PERSONS
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Ever Regal Group Limited
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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British Virgin Islands
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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3,231,686
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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3,231,686
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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3,231,686
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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8.30% (1)
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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(1) |
Based on 38,927,563 ordinary shares, par value $0.0001 per share (“Ordinary Shares”) of BeyondSpring Inc. (the “Issuer”)
outstanding as of December 31, 2021, as reported in the Issuer’s latest annual report on Form 20-F.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 3 of 12
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1
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NAMES OF REPORTING PERSONS
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Fairy Eagle Investments Limited
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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British Virgin Islands
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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4,620,000
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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4,620,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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4,620,000
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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11.87% (1)
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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(1) |
Based on 38,927,563 Ordinary Shares outstanding as of December 31, 2021, as reported in the Issuer’s latest annual report on Form 20-F.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 4 of 12
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1
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NAMES OF REPORTING PERSONS
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Rosy Time Holdings Limited
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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British Virgin Islands
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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1,190,000
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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1,190,000
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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1,190,000
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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3.06% (1)
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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(1) |
Based on 38,927,563 Ordinary Shares outstanding as of December 31, 2021, as reported in the Issuer’s latest annual report on Form 20-F.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 5 of 12
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1
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NAMES OF REPORTING PERSONS
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Lan Huang
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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China
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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10,210,523(1)
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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10,210,523(1)
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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10,210,523(1)
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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26.23% (2)
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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(1) |
Includes 3,231,686 Ordinary Shares owned directly by Ever Regal Group Limited, 4,620,000 Ordinary Shares owned directly by Fairy Eagle Investments Limited, 1,190,000 Ordinary Shares owned directly by Rosy
Time Holdings Limited, 428,314 Ordinary Shares owned directly by the Lan Huang 2021 Grantor Retained Annuity Trust, 450,000 Ordinary Shares owned directly by the Lan Huang 2022 Grantor Retained Annuity Trust, 3,486 Ordinary Shares owned
directly by Dr. Lan Huang and 137,037 Ordinary Shares owned directly by her spouse, Mr. Linqing Jia. Also includes 150,000 Ordinary Shares held by Sincere Efforts Foundation Inc. (“Sincere Efforts”),
a charitable foundation of which Dr. Huang serves on the board and in such capacity may be deemed to exercise shared voting and dispositive power over such Ordinary Shares. Dr. Huang disclaims beneficial ownership of the Ordinary Shares
held by Sincere Efforts and nothing herein shall be construed as an admission that Dr. Huang is the beneficial owner of such Ordinary Shares. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares.
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(2) |
Based on 38,927,563 Ordinary Shares outstanding as of December 31, 2021, as reported in the Issuer’s latest annual report on Form 20-F.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 6 of 12
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1
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NAMES OF REPORTING PERSONS
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Linqing Jia
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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||||
(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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China
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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10,210,523(1)
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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10,210,523(1)
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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10,210,523(1)
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||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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|||
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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26.23% (2)
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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(1) |
Includes 3,231,686 Ordinary Shares owned directly by Ever Regal Group Limited, 4,620,000 Ordinary Shares owned directly by Fairy Eagle Investments Limited, 1,190,000 Ordinary Shares owned directly by Rosy
Time Holdings Limited, 428,314 Ordinary Shares owned directly by the Lan Huang 2021 Grantor Retained Annuity Trust, 450,000 Ordinary Shares owned directly by the Lan Huang 2022 Grantor Retained Annuity Trust, 3,486 Ordinary Shares owned
directly by Mr. Jia’s spouse, Dr. Lan Huang, and 137,037 Ordinary Shares owned directly by Mr. Jia. Also includes 150,000 Ordinary Shares held by Sincere Efforts, a charitable foundation of which Dr. Huang serves on the board and in such
capacity may be deemed to exercise shared voting and dispositive power over such Ordinary Shares. Dr. Huang disclaims beneficial ownership of the Ordinary Shares held by Sincere Efforts and nothing herein shall be construed as an admission
that Dr. Huang is the beneficial owner of such Ordinary Shares. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares.
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(2) |
Based on 38,927,563 Ordinary Shares outstanding as of December 31, 2021, as reported in the Issuer’s latest annual report on Form 20-F.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 7 of 12
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Item 1(a) |
Name of Issuer:
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Item 1(b) |
Address of Issuer’s Principal Executive Offices:
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Item 2(a)-(c)
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Name of Persons Filing; Address of Principal Business Office; and Citizenship
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1. |
Ever Regal Group Limited, a limited liability company organized under the laws of the British Virgin Islands (“Ever Regal”), in its capacity as the direct owner of
3,231,686 of the Issuer’s Ordinary Shares;
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2. |
Fairy Eagle Investments Limited, a limited liability company organized under the laws of the British Virgin Islands (“Fairy Eagle”), in its capacity as the direct owner
of 4,620,000 Ordinary Shares;
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3. |
Rosy Time Holdings Limited, a limited liability company organized under the laws of the British Virgin Islands (“Rosy Time”), in its capacity as the direct owner of
1,190,000 Ordinary Shares;
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4. |
Lan Huang, a Chinese citizen (“Dr. Huang”), in Dr. Huang’s capacity as the sole owner of Ever Regal; and
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5. |
Linqing Jia, a Chinese citizen (“Mr. Jia”), in Mr. Jia’s capacity as the sole owner of each of Fairy Eagle and Rosy Time.
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Item 2(d) |
Title of class of securities:
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Item 2(e) |
CUSIP Number:
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 8 of 12
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Item 3.
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If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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(a)
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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(b)
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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(c)
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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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(d)
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Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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(e)
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f)
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g)
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
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(j)
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A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
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(k)
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Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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Item 4. |
Ownership:
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A.
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Ever Regal
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Amount beneficially owned: 3,231,686
Percent of class: 8.30%
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Number of shares as to which the person has:
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(i) Sole Voting Power:
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0
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(ii) Shared Voting Power:
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3,231,686
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(iii) Sole Dispositive Power:
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0
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(iv) Shared Dispositive Power:
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3,231,686
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 9 of 12
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B.
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Fairy Eagle
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Amount beneficially owned: 4,620,000
Percent of class: 11.87%
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Number of shares as to which the person has:
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(i) Sole Voting Power:
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0
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(ii) Shared Voting Power:
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4,620,000
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(iii) Sole Dispositive Power:
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0
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(iv) Shared Dispositive Power:
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4,620,000
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C.
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Rosy Time
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Amount beneficially owned: 1,190,000
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Percent of class: 3.06%
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Number of shares as to which the person has:
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(i) Sole Voting Power:
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0
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(ii) Shared Voting Power:
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1,190,000
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(iii) Sole Dispositive Power:
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0
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(iv) Shared Dispositive Power:
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1,190,000
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D.
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Dr. Huang
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Amount beneficially owned: 10,210,523
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Percent of class: 26.23%
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Number of shares as to which the person has:
|
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(i) Sole Voting Power:
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0
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(ii) Shared Voting Power:
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10,210,523
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(iii) Sole Dispositive Power:
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0
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(iv) Shared Dispositive Power:
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10,210,523
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E.
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Mr. Jia
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Amount beneficially owned: 10,210,523
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Percent of class: 26.23%
|
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Number of shares as to which the person has:
|
||
(i) Sole Voting Power:
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0
|
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(ii) Shared Voting Power:
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10,210,523
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(iii) Sole Dispositive Power:
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0
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(iv) Shared Dispositive Power:
|
10,210,523
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 10 of 12
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Item 5. |
Ownership of 5 Percent or Less of a Class.
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Item 6. |
Ownership of More than 5 Percent on Behalf of Another Person.
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
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Item 8. |
Identification and Classification of Members of the Group.
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Item 9. |
Notice of Dissolution of Group.
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Item 10. |
Certifications.
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CUSIP No. G10830100
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SCHEDULE 13G
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Page 11 of 12
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Date: April 7, 2023
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EVER REGAL GROUP LIMITED
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|||
By:
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/s/ Lan Huang
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Name:
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Lan Huang
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Title:
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Director
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FAIRY EAGLE INVESTMENTS LIMITED
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By:
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/s/ Linqing Jia
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Name:
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Linqing Jia
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Title:
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Director
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ROSY TIME HOLDINGS LIMITED
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|||
By:
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/s/ Linqing Jia
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Name:
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Linqing Jia
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Title:
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Director
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|
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/s/ Lan Huang
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Lan Huang
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/s/ Linqing Jia
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Linqing Jia
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CUSIP No. G10830100
|
SCHEDULE 13G
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Page 12 of 12
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Joint Filing Agreement, dated as of February 14, 2018, by and among Ever Regal Group Limited, Fairy Eagle Investments Limited, Rosy Time Holdings Limited, Lan Huang and Linqing Jia, as required by Rule 13d-1(k)(1) under the Securities
Exchange Act of 1934, as amended (incorporated herein by reference to Exhibit 1 of the Schedule 13G filed by the Reporting Persons on February 14, 2018).
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