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Sunday, February 23, 2025 9:56:06 AM
Alexander Haase who is allegedly majority shareholder of asii has not filed any 13D. (13G being for passive investors)
Under Section 13(d) of the Securities Exchange Act of 1934, anyone (or a group) who acquires more than 5% of a public company’s voting stock has to file a Schedule 13D with the SEC within 10 days. This filing includes the acquirer’s name, background, source of funds, and their plans for the company (like whether they intend to influence management or push for a takeover). If they hit majority ownership, this filing would still apply and get updated as their stake changes. So, the public gets more than just a name—but it comes from the shareholder’s disclosure, not the company’s annual report or press release.
Under Section 13(d) of the Securities Exchange Act of 1934, anyone (or a group) who acquires more than 5% of a public company’s voting stock has to file a Schedule 13D with the SEC within 10 days. This filing includes the acquirer’s name, background, source of funds, and their plans for the company (like whether they intend to influence management or push for a takeover). If they hit majority ownership, this filing would still apply and get updated as their stake changes. So, the public gets more than just a name—but it comes from the shareholder’s disclosure, not the company’s annual report or press release.
All posts are opinion and for entertainment. Always do your own due diligence.
Recent ASII News
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/18/2025 06:28:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/03/2025 08:01:35 PM
