Filing Details
- Accession Number:
- 0001659367-17-000002
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2017-01-19 16:54:01
- Reporting Period:
- 2016-07-01
- Filing Date:
- 2017-01-19
- Accepted Time:
- 2017-01-19 16:54:01
- Original Submission Date:
- 2017-01-11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1528308 | Ionix Technology Inc. | IINX | Surgical & Medical Instruments & Apparatus (3841) | 450713638 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1659367 | Ben Wong | Room 419, No. 279 Zhongnan Road Zhongshan District Dalian, Liaoning F4 116015 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2016-07-01 | 29,484,000 | $0.15 | 35,316,000 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Disposition | 2016-07-01 | 5,470,000 | $0.00 | 29,846,000 | No | 4 | G | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See Footnote |
| No | 4 | G | Indirect | See Footnote |
Footnotes
- The Reporting Person previously reported on Form 4 on 01/11/2017 that it sold 30,834,000 shares of the Company's restricted common stock pursuant to private stock purchase agreements with 53 individuals, each of whom paid 1 CNY ($0.15 USD) per share. Subsequently, the sale to 4 individuals was rescinded and 1 was amended. The shares were returned to the reporting person on 01/18/2017. Thus, only a total of 29,484,000 shares were sold to a total of 49 individuals.
- The Reporting Person previously reported on Form 4 on 01/11/2017 that it made a gift of 12,170,000 shares to 17 persons. Subsequently, the reporting person revoked the gift of 6,700,000 to one individual before delivering the bonafide gift to the donee; the shares were returned to the reporting persons name on January 18, 2017. Thus, only 5,470,000 shares were gifted to a total of 16 persons.
- Following the disposition of the shares, accounting for the rescinded issuances, the Reporting Person owns an aggregate 29,846,000 shares of common stock of the Company. The Reporting Person is also the indirect beneficial owner of 5,000,000 shares of preferred stock of the Company.
- The Reporting Person is the sole officer and director of Shining Glory Investments Limited, and thus, indirectly owns these shares.
Billionaire Hedge Funds
