[SCHEDULE 13G] UP Fintech Holding Ltd American Depositary Share representing fifteen SEC Filing
Schedule 13G summary: This filing discloses that G1 Execution Services, LLC and Susquehanna Securities, LLC (the "Reporting Persons") collectively beneficially own 142,856,205 Class A ordinary shares of UP Fintech Holding Limited, representing 5.3% of the class. Holdings are reported in ADS terms: Susquehanna reports 1,982,850 ADSs plus options to buy 7,540,500 ADSs, and G1 reports 397 ADSs. Each ADS equals 15 ordinary shares.
The filing cites the company's 2024 outstanding share count of 2,705,826,751 for the percentage calculation. The Reporting Persons note they are affiliated independent broker-dealers and that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control. Voting and dispositive powers are reported as both sole and shared where applicable.
Sintesi della Schedule 13G: Questo deposito indica che G1 Execution Services, LLC e Susquehanna Securities, LLC (di seguito le persone che presentano il rapporto) detengono congiuntamente in via benefica 142,856,205 azioni ordinarie di Classe A di UP Fintech Holding Limited, corrispondenti al 5.3% della classe. Le partecipazioni sono riportate in termini di ADS: Susquehanna segnala 1,982,850 ADS oltre a opzioni per acquistare 7,540,500 ADS, mentre G1 riporta 397 ADS. Ciascun ADS equivale a 15 azioni ordinarie.
Il deposito indica inoltre che per il calcolo della percentuale 猫 stato utilizzato il numero di azioni in circolazione della societ脿 nel 2024, pari a 2,705,826,751. Le persone che presentano il rapporto precisano di essere broker-dealer indipendenti ma affiliati e che i titoli sono stati acquisiti nel normale corso dell'attivit脿 e non al fine di modificare o influenzare il controllo. I poteri di voto e di disposizione sono indicati, ove applicabile, sia come esclusivi sia come condivisi.
Resumen de la Schedule 13G: Este registro revela que G1 Execution Services, LLC y Susquehanna Securities, LLC (en adelante, las personas informantes) poseen conjuntamente de forma beneficiaria 142,856,205 acciones ordinarias Clase A de UP Fintech Holding Limited, lo que representa el 5.3% de la clase. Las participaciones se informan en t茅rminos de ADS: Susquehanna declara 1,982,850 ADSs m谩s opciones para comprar 7,540,500 ADSs, y G1 declara 397 ADSs. Cada ADS equivale a 15 acciones ordinarias.
El registro cita el n煤mero de acciones en circulaci贸n de la compa帽铆a a 2024, de 2,705,826,751, para el c谩lculo porcentual. Las personas informantes se帽alan que son brokers-dealers independientes afiliados y que los valores fueron adquiridos en el curso ordinario del negocio, no con el fin de cambiar o influir en el control. Los poderes de voto y de disposici贸n se informan como tanto exclusivos como compartidos cuando corresponde.
Schedule 13G 鞖旍暯: 氤� 鞝滌稖靹滌棎 霐半ゴ氅� G1 Execution Services, LLC鞕赌 Susquehanna Securities, LLC(鞚错晿 氤搓碃鞚�)電� 頃╆硠搿� 鞁れ鞝侅溂搿� 142,856,205欤检潣 UP Fintech Holding Limited Class A 氤错喌欤茧ゼ 氤挫湢頃橁碃 鞛堨溂氅�, 鞚措姅 頃措嫻 韥措灅鞀れ潣 5.3%鞐� 頃措嫻頃╇媹雼�. 氤挫湢霟夓潃 ADS 旮办鞙茧 氤搓碃霅╇媹雼�: Susquehanna電� 1,982,850 ADS鞕赌 7,540,500 ADS毳� 毵れ垬頃� 靾� 鞛堧姅 鞓奠厴鞚� 氤搓碃頄堨溂氅�, G1鞚� 397 ADS毳� 氤搓碃頄堨姷雼堧嫟. 臧� ADS電� 15欤检潣 氤错喌欤检櫠� 臧欖姷雼堧嫟.
鞝滌稖靹滊姅 氚彪秳鞙� 瓿勳偘鞐� 須岇偓鞚� 2024雲� 氚滍枆欤检嫕靾� 2,705,826,751欤茧ゼ 鞚胳毄頃╇媹雼�. 氤搓碃鞚鸽摛鞚� 靸來樃 瓿勳棿頇旊悳 霃呺 敫岆旎�-霐滊煬鞚措┌, 頃措嫻 歃濌秾鞚� 鞓侅梾鞚� 韱奠儊鞝侅澑 瓿检爼鞐愳劀 旆摑霅橃棃瓿� 歆�氚瓣秾 氤�瓴届澊雮� 鞓來枼霠レ潉 頄夓偓頃橁赴 鞙勴暅 氇╈爜鞚� 鞎勲媹鞐堧嫟瓿� 氚濏様鞀惦媹雼�. 鞚橁舶甓� 氚� 觳橂秳甓岇潃 頃措嫻霅橂姅 瓴届毎 雼弲 氚� 瓿惦彊鞙茧 氤搓碃霅橃棃鞀惦媹雼�.
R茅sum茅 de la Schedule 13G : Ce d茅p么t r茅v猫le que G1 Execution Services, LLC et Susquehanna Securities, LLC (les personnes d茅clarante) d茅tiennent conjointement 脿 b茅n茅fice 142,856,205 actions ordinaires de classe A de UP Fintech Holding Limited, soit 5.3% de la cat茅gorie. Les participations sont indiqu茅es en termes d'ADS : Susquehanna d茅clare 1,982,850 ADS plus des options d'achat de 7,540,500 ADS, et G1 d茅clare 397 ADS. Chaque ADS 茅quivaut 脿 15 actions ordinaires.
Le d茅p么t indique que, pour le calcul du pourcentage, il a 茅t茅 pris comme base le nombre d'actions en circulation de la soci茅t茅 en 2024, soit 2,705,826,751. Les personnes d茅clarante pr茅cisent qu'elles sont des courtiers-n茅gociants ind茅pendants affili茅s et que les titres ont 茅t茅 acquis dans le cours normal de leurs activit茅s, et non dans le but de modifier ou d'influencer le contr么le. Les droits de vote et de disposition sont indiqu茅s, le cas 茅ch茅ant, 脿 la fois comme exclusifs et partag茅s.
Zusammenfassung der Schedule 13G: Aus dieser Einreichung geht hervor, dass G1 Execution Services, LLC und Susquehanna Securities, LLC (die berichtenden Personen) zusammen wirtschaftlich 142,856,205 Class-A Stammaktien von UP Fintech Holding Limited halten, was 5.3% der Klasse entspricht. Die Best盲nde werden in ADS angegeben: Susquehanna meldet 1,982,850 ADSs zuz眉glich Optionen zum Erwerb von 7,540,500 ADSs, und G1 meldet 397 ADSs. Jede ADS entspricht 15 Stammaktien.
Die Einreichung nennt f眉r die Prozentberechnung die Anzahl der im Jahr 2024 ausstehenden Aktien der Gesellschaft in H枚he von 2,705,826,751. Die berichtenden Personen geben an, miteinander verbundene, unabh盲ngige Broker-Dealer zu sein und dass die Wertpapiere im normalen Gesch盲ftsverlauf erworben wurden und nicht zum Zweck der 脛nderung oder Beeinflussung der Kontrolle. Stimm- und Verf眉gungsrechte werden, soweit zutreffend, sowohl als alleinige als auch als gemeinsame ausgewiesen.
- None.
- None.
Insights
TL;DR: A broker-dealer group discloses a >5% economic stake via ADS positions and options, which is material disclosure but not a control claim.
The filing reports an aggregate beneficial ownership of 142,856,205 shares or 5.3% of the outstanding Class A shares based on the company's 2024 share count. The position is presented in ADSs, with each ADS representing 15 ordinary shares, and includes 7,540,500 ADS-equivalent options attributable to Susquehanna. As broker-dealers, the Reporting Persons state acquisitions were in the ordinary course of business and disclaim an intent to influence control. For investors, this is a material disclosure of concentration but not an assertion of control.
TL;DR: Compliance disclosure is complete: affiliated broker-dealers report shared and sole powers and certify ordinary-course acquisition.
The Schedule identifies the filers as affiliated independent broker-dealers and discloses both sole and shared voting and dispositive powers in the cover entries, which clarifies allocation of authority among the Reporting Persons. The report explicitly includes ADS counts and options, and references the issuer's outstanding share figure used to calculate the 5.3% ownership. The filing also contains a certification that the holdings were not acquired to affect control, addressing a central regulatory concern for broker-dealer positions above the 5% threshold.
Sintesi della Schedule 13G: Questo deposito indica che G1 Execution Services, LLC e Susquehanna Securities, LLC (di seguito le persone che presentano il rapporto) detengono congiuntamente in via benefica 142,856,205 azioni ordinarie di Classe A di UP Fintech Holding Limited, corrispondenti al 5.3% della classe. Le partecipazioni sono riportate in termini di ADS: Susquehanna segnala 1,982,850 ADS oltre a opzioni per acquistare 7,540,500 ADS, mentre G1 riporta 397 ADS. Ciascun ADS equivale a 15 azioni ordinarie.
Il deposito indica inoltre che per il calcolo della percentuale 猫 stato utilizzato il numero di azioni in circolazione della societ脿 nel 2024, pari a 2,705,826,751. Le persone che presentano il rapporto precisano di essere broker-dealer indipendenti ma affiliati e che i titoli sono stati acquisiti nel normale corso dell'attivit脿 e non al fine di modificare o influenzare il controllo. I poteri di voto e di disposizione sono indicati, ove applicabile, sia come esclusivi sia come condivisi.
Resumen de la Schedule 13G: Este registro revela que G1 Execution Services, LLC y Susquehanna Securities, LLC (en adelante, las personas informantes) poseen conjuntamente de forma beneficiaria 142,856,205 acciones ordinarias Clase A de UP Fintech Holding Limited, lo que representa el 5.3% de la clase. Las participaciones se informan en t茅rminos de ADS: Susquehanna declara 1,982,850 ADSs m谩s opciones para comprar 7,540,500 ADSs, y G1 declara 397 ADSs. Cada ADS equivale a 15 acciones ordinarias.
El registro cita el n煤mero de acciones en circulaci贸n de la compa帽铆a a 2024, de 2,705,826,751, para el c谩lculo porcentual. Las personas informantes se帽alan que son brokers-dealers independientes afiliados y que los valores fueron adquiridos en el curso ordinario del negocio, no con el fin de cambiar o influir en el control. Los poderes de voto y de disposici贸n se informan como tanto exclusivos como compartidos cuando corresponde.
Schedule 13G 鞖旍暯: 氤� 鞝滌稖靹滌棎 霐半ゴ氅� G1 Execution Services, LLC鞕赌 Susquehanna Securities, LLC(鞚错晿 氤搓碃鞚�)電� 頃╆硠搿� 鞁れ鞝侅溂搿� 142,856,205欤检潣 UP Fintech Holding Limited Class A 氤错喌欤茧ゼ 氤挫湢頃橁碃 鞛堨溂氅�, 鞚措姅 頃措嫻 韥措灅鞀れ潣 5.3%鞐� 頃措嫻頃╇媹雼�. 氤挫湢霟夓潃 ADS 旮办鞙茧 氤搓碃霅╇媹雼�: Susquehanna電� 1,982,850 ADS鞕赌 7,540,500 ADS毳� 毵れ垬頃� 靾� 鞛堧姅 鞓奠厴鞚� 氤搓碃頄堨溂氅�, G1鞚� 397 ADS毳� 氤搓碃頄堨姷雼堧嫟. 臧� ADS電� 15欤检潣 氤错喌欤检櫠� 臧欖姷雼堧嫟.
鞝滌稖靹滊姅 氚彪秳鞙� 瓿勳偘鞐� 須岇偓鞚� 2024雲� 氚滍枆欤检嫕靾� 2,705,826,751欤茧ゼ 鞚胳毄頃╇媹雼�. 氤搓碃鞚鸽摛鞚� 靸來樃 瓿勳棿頇旊悳 霃呺 敫岆旎�-霐滊煬鞚措┌, 頃措嫻 歃濌秾鞚� 鞓侅梾鞚� 韱奠儊鞝侅澑 瓿检爼鞐愳劀 旆摑霅橃棃瓿� 歆�氚瓣秾 氤�瓴届澊雮� 鞓來枼霠レ潉 頄夓偓頃橁赴 鞙勴暅 氇╈爜鞚� 鞎勲媹鞐堧嫟瓿� 氚濏様鞀惦媹雼�. 鞚橁舶甓� 氚� 觳橂秳甓岇潃 頃措嫻霅橂姅 瓴届毎 雼弲 氚� 瓿惦彊鞙茧 氤搓碃霅橃棃鞀惦媹雼�.
R茅sum茅 de la Schedule 13G : Ce d茅p么t r茅v猫le que G1 Execution Services, LLC et Susquehanna Securities, LLC (les personnes d茅clarante) d茅tiennent conjointement 脿 b茅n茅fice 142,856,205 actions ordinaires de classe A de UP Fintech Holding Limited, soit 5.3% de la cat茅gorie. Les participations sont indiqu茅es en termes d'ADS : Susquehanna d茅clare 1,982,850 ADS plus des options d'achat de 7,540,500 ADS, et G1 d茅clare 397 ADS. Chaque ADS 茅quivaut 脿 15 actions ordinaires.
Le d茅p么t indique que, pour le calcul du pourcentage, il a 茅t茅 pris comme base le nombre d'actions en circulation de la soci茅t茅 en 2024, soit 2,705,826,751. Les personnes d茅clarante pr茅cisent qu'elles sont des courtiers-n茅gociants ind茅pendants affili茅s et que les titres ont 茅t茅 acquis dans le cours normal de leurs activit茅s, et non dans le but de modifier ou d'influencer le contr么le. Les droits de vote et de disposition sont indiqu茅s, le cas 茅ch茅ant, 脿 la fois comme exclusifs et partag茅s.
Zusammenfassung der Schedule 13G: Aus dieser Einreichung geht hervor, dass G1 Execution Services, LLC und Susquehanna Securities, LLC (die berichtenden Personen) zusammen wirtschaftlich 142,856,205 Class-A Stammaktien von UP Fintech Holding Limited halten, was 5.3% der Klasse entspricht. Die Best盲nde werden in ADS angegeben: Susquehanna meldet 1,982,850 ADSs zuz眉glich Optionen zum Erwerb von 7,540,500 ADSs, und G1 meldet 397 ADSs. Jede ADS entspricht 15 Stammaktien.
Die Einreichung nennt f眉r die Prozentberechnung die Anzahl der im Jahr 2024 ausstehenden Aktien der Gesellschaft in H枚he von 2,705,826,751. Die berichtenden Personen geben an, miteinander verbundene, unabh盲ngige Broker-Dealer zu sein und dass die Wertpapiere im normalen Gesch盲ftsverlauf erworben wurden und nicht zum Zweck der 脛nderung oder Beeinflussung der Kontrolle. Stimm- und Verf眉gungsrechte werden, soweit zutreffend, sowohl als alleinige als auch als gemeinsame ausgewiesen.
