ACM Research (ACMR) 10% owner Shanghai Science & Technology Venture Capital (Group) sold 34,604 shares for $694K at an average $20.05

Insider transactions reported

Shanghai Science & Technology Venture Capital (Group) Co., Ltd. (Possible member of 10% group at ACM Research Inc., ACMR) reported that they sold 34,604 shares for $694K at an average $20.05 between Oct 1, 2024 and Oct 2, 2024. After these transactions the filing shows 3,403,906 shares held directly.

Reporting person

Shanghai Science & Technology Venture Capital (Group) Co., Ltd.

Role

Possible member of 10% group

Holdings before and after

• Class A Common Stock, $0.0001 par value: 3,438,510 to 3,403,906 direct

Other positions listed

• Class A Common Stock, $0.0001 par value: 3,358,728 indirect, Through Shanghai Pudong Science & Technology Investment Group Co., Ltd.

Footnotes from the filing

1. 1. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 and 3 of this Form 4.
2. 2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.00 to $20.28, inclusive.
3. 4. This Form 4 is being filed by the undersigned as well as Shanghai Pudong Science & Technology Investment Group Co., Ltd., as set forth on the Joint Filer Information Statement attached as an exhibit hereto (the Reporting Persons ). Shanghai Science & Technology Venture Capital (Group) Co., Ltd. holds a 46% equity interest in Shanghai Pudong Science & Technology Investment Group Co., Ltd.
4. 5. In accordance with Instruction 4(b)(iv) to Form 4, the entire amount of the Issuer's securities held by the Reporting Persons is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Transaction codes in this filing

Open-market sale:

Code S marks a sale in the open market or a private deal. The insider received cash for these securities.

FAQ