UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
I-MAB
(Name of Issuer)
Ordinary Shares, par value $0.00011
(Title of Class of Securities)
44975P 1032
(CUSIP Number)
July 19, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1 | Some of the holdings reported herein are in the form of American Depositary Shares (ADS), which may be exchanged for ordinary shares of the Issuer, par value $0.0001 (Ordinary Shares) at a 10:23 ratio. |
2 | The CUSIP Number listed throughout this filing is the CUSIP assigned to the ADS of the Issuer. |
CUSIP No. 44975P 103 | 13G |
1. |
Name of Reporting Persons:
Fortune Eight Jogging Limited | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
British Virgin Islands |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
8,301,555 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
8,301,555 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
8,301,555 Ordinary Shares3 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
4.69%4 | |||||
12. | Type of Reporting Person (See Instructions):
CO |
3 | See Item 4 of this Statement for more information. |
4 | This percentage is calculated based on 176,907,702 Ordinary Shares outstanding as of June 21, 2021 (excluding 2,175,242 ordinary shares issued to depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercising or vesting of awards granted under I-Mabs share incentive plans). |
CUSIP No. 44975P 103 | 13G |
1. |
Name of Reporting Persons:
Hony Hongling (Shanghai) Investment Center | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Peoples Republic of China |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
8,301,5555 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
8,301,555 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
8,301,555 Ordinary Shares | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
4.69%6 | |||||
12. | Type of Reporting Person (See Instructions):
PN |
5 | See Item 4 of this Statement for more information. |
6 | This percentage is calculated based on 176,907,702 Ordinary Shares outstanding as of June 21, 2021 (excluding 2,175,242 ordinary shares issued to depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercising or vesting of awards granted under I-Mabs share incentive plans). |
CUSIP No. 44975P 103 | 13G |
1. |
Name of Reporting Persons:
Hony Investment (Shanghai) Limited | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Peoples Republic of China |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
8,301,555 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
8,301,555 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
8,301,555 Ordinary Shares7 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
4.69%8 | |||||
12. | Type of Reporting Person (See Instructions):
CO |
7 | See Item 4 of this Statement for more information. |
8 | This percentage is calculated based on 176,907,702 Ordinary Shares outstanding as of June 21, 2021 (excluding 2,175,242 ordinary shares issued to depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercising or vesting of awards granted under I-Mabs share incentive plans). |
CUSIP No. 44975P 103 | 13G |
1. |
Name of Reporting Persons:
Beijing Hony Hezhong Enterprise Management Limited | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Peoples Republic of China |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
8,301,555 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
8,301,555 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
8,301,555 Ordinary Shares9 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
4.69%10 | |||||
12. | Type of Reporting Person (See Instructions):
CO |
9 | See Item 4 of this Statement for more information. |
10 | This percentage is calculated based on 176,907,702 Ordinary Shares outstanding as of June 21, 2021 (excluding 2,175,242 ordinary shares issued to depositary bank for bulk issuance of ADSs reserved for future issuances upon the exercising or vesting of awards granted under I-Mabs share incentive plans). |
Item 1. | |
(a) | Name of Issuer |
I-MAB (the Issuer)
(b) | Address of Issuers Principal Executive Offices |
Suite 802, West Tower, OmniVision
88 Shangke Road, Pudong District
Shanghai, 201210
Peoples Republic of China
Item 2. | |
(a) | Name of Person Filing |
The information required by Item 2(a) is set forth in Row 1 of each Cover Page and is incorporated herein by reference.
(b) | Address of the Principal Office or, if none, Residence |
Fortune Eight Jogging Limited
Suite 06-11, 70/F Two International Finance Centre, No. 8 Finance Street, Central, Hong Kong
Hony Hongling (Shanghai) Investment Center
5/F Somekh Building, 149 Yuanmingyuan Road, Huangpu District, Shanghai 200002, China
Hony Investment (Shanghai) Limited
5/F Somekh Building, 149 Yuanmingyuan Road, Huangpu District, Shanghai 200002, China
Beijing Hony Hezhong Enterprise Management Limited
6/F, South Tower C, Raycom InfoTech Park, 2 Kexueyuan Nanlu, Haidian District, Beijing 100190, China
(c) | Citizenship |
The information required by Item 2(c) is set forth in Row 4 of each Cover Page and is incorporated herein by reference.
(d) | Title of Class of Securities |
Ordinary Shares, par value $0.0001
(e) | CUSIP Number |
44975P 103
Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | ☐ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | ||||
(b) | ☐ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | ||||
(c) | ☐ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | ||||
(d) | ☐ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
(e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | ||||
(f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | ||||
(g) | ☐ | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | ||||
(h) | ☐ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||||
(i) | ☐ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||||
(j) | ☐ | Group, in accordance with § 240.13d-1(b)(1)(ii)(J). |
Item 4. | Ownership. |
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of each Cover Page and is incorporated herein by reference.
The securities reported in this Statement are held directly held by Fortune Eight Jogging Limited. Fortune Eight Jogging Limited is wholly-owned by Hony Hongling (Shanghai) Investment Center, whose general partner is Hony Investment (Shanghai) Limited. The sole shareholder of Hony Investment (Shanghai) Limited is Beijing Hony Hezhong Enterprise Management Limited. Each of Yonggang Cao, Minsheng Xu and Wen Zhao holds 33.3% equity interests in Beijing Hony Hezhong Enterprise Management Limited.
Neither the fact of this filing nor anything contained herein shall be deemed to be an admission by any of the Reporting Persons that they have formed a group.
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.
Instruction. Dissolution of a group requires a response to this item.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
N/A
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
N/A
Item 8. | Identification and Classification of Members of the Group. |
N/A
Item 9. | Notice of Dissolution of Group. |
N/A
Item 10. | Certification. |
N/A
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: July 19, 2021
Fortune Eight Jogging Limited | ||
By: | /s/ Bing Yuan | |
Name: | Bing Yuan | |
Title: | Director |
Hony Hongling (Shanghai) Investment Center | ||
By: | /s/ Yonggang Cao | |
Name: | Yonggang Cao | |
Title: | Authorized Signatory |
Hony Investment (Shanghai) Limited | ||
By: | /s/ Yonggang Cao | |
Name: | Yonggang Cao | |
Title: | Authorized Signatory |
Beijing Hony Hezhong Enterprise Management Limited | ||
By: | /s/ Yonggang Cao | |
Name: | Yonggang Cao | |
Title: | Authorized Signatory |
EXHIBIT INDEX
Exhibit No. |
Description | |
Exhibit A | Joint Filing Agreement, dated July 19, 2021 by and between Fortune Eight Jogging Limited, Hony Hongling (Shanghai) Investment Center, Hony Investment (Shanghai) Limited and Beijing Hony Hezhong Enterprise Management Limited. |
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of them of a statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares, $0.0001 par value per share (the Ordinary Shares), of I-MAB (the Issuer), and American Depositary Shares of the Issuer which may be exchanged for Ordinary Shares, and further agree that this Joint Filing Agreement be included as Exhibit A to such Schedule 13G. In evidence thereof, the undersigned hereby execute this agreement on this 19th day of July 2021.
Fortune Eight Jogging Limited | ||
By: | /s/ Bing Yuan | |
Name: | Bing Yuan | |
Title: | Director |
Hony Hongling (Shanghai) Investment Center | ||
By: | /s/ Yonggang Cao | |
Name: | Yonggang Cao | |
Title: | Authorized Signatory |
Hony Investment (Shanghai) Limited | ||
By: | /s/ Yonggang Cao | |
Name: | Yonggang Cao | |
Title: | Authorized Signatory |
Beijing Hony Hezhong Enterprise Management Limited | ||
By: | /s/ Yonggang Cao | |
Name: | Yonggang Cao | |
Title: | Authorized Signatory |