SEC Form 4 · accession 0001213900-15-007950
Borqs Technologies, Inc. · BRQS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhengqi International Holding Ltd
10% Owner
Period of report
Oct 23, 2015
Accepted (ET)
Oct 27, 2015 · 12:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001650575
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Oct 23, 2015 | A | 45,171 | $10.00 | A | 1,520,171 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents ordinary shares underlying 45,171 units of the Issuer, which units Zhengqi International Holding Ltd. purchased upon the exercise of the underwriters' over-allotment option in connection with the Issuer's initial public offering. Each unit consists of one ordinary share, one right to receive one tenth (1/10) of one ordinary share and one warrant to purchase one half of one ordinary share.