SEC Form 4 · accession 0001213900-18-001479
GD Culture Group Ltd · GDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 9:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001641398
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Feb 6, 2018 | S | 87,500 | $0.017 | D | 4,239,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 6, 2018, upon the consummation of the Issuer's business combination with China Sunlong Environmental Technology Inc. (the "Business Combination"), the Issuer changed its name from "JM Global Holding Company" to "TMSR Holding Company Limited" and its symbol from "WYIG" to "TMSR."
- F2On February 6, 2018, Qi Zhang resigned as director of JM Global Holding Company.
- F3Effective February 6, 2018, Zhong Hui Holding Limited ("ZHHL") sold an aggregate of 87,500 shares ("Shares") of common stock of the issuer at the purchase price of $0.017 per share to Arthur Drogue and Kurt Jetta, former directors of the Issuer, and Elsa Sung, a consultant of the Issuer.
- F4Qi Zhang, the Chairman of the Issuer, is the sole owner of ZHHL, may be deemed the beneficial owner of the securities held by ZHHL and has sole voting and dispositive control over such securities.