SEC Form 5 · accession 0001704191-17-000002
IONIX TECHNOLOGY, INC. · IINX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yubao Liu
10% Owner
Period of report
Jun 30, 2017
Accepted (ET)
Sep 22, 2017 · 7:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1 | Apr 22, 2017 | S | 550,000 | $0.145 | D | 29,296,000 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 20, 2017, the reporting person became the sole officer and director of Shining Glory Investments Limited ("Shining Glory"), the entity that holds 29,846,000 shares of the Company's common stock as of that date. Thus, the reporting person has a beneficial ownership interest in the 29,846,000 common stock shares held by Shining Glory. On April 22, 2017, the reporting person sold 550,000 shares in the aggregate to 2 parties at a cost basis of $0.145 per share in a private transaction. Thus, the reporting person owns 29,296,000 shares of the Company's common stock.