Fu Liu Discloses 48.9% Voting Control Post-Merger and Redomiciliation
DTSS sits 34% above its 52-week low of $0.64.
Summary
Fu Liu has formally disclosed a 48.90% voting stake in Datasea Intelligent Technology Ltd. following the company's recent merger and redomiciliation.
Key Events · Ownership and Investor Activity · DTSS
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Significant Voting Control Disclosed
Fu Liu holds 48.90% of the total voting power in Datasea Intelligent Technology Ltd.
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Post-Merger Ownership Update
This filing updates Fu Liu's beneficial ownership following the merger of Datasea Inc. into Datasea Intelligent Technology Ltd., which was effective on April 15, 2026.
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Dual Class Share Structure
Fu Liu's voting power is derived from holding both Class A (1 vote per share) and Class B (50 votes per share) ordinary shares.
Analysis · DTSS · Technology
This Schedule 13D/A formally discloses that Fu Liu, an individual associated with the company, holds 48.90% of the total voting power in Datasea Intelligent Technology Ltd. following the merger and redomiciliation that became effective on April 15, 2026. This filing clarifies the control structure of the company after its recent corporate restructuring, indicating a significant concentration of voting power in a single individual.
At the time of this filing, DTSS was trading at $0.86 on NASDAQ in the Technology sector, with a market capitalization of approximately $9.1M. The 52-week trading range was $0.64 to $2.50. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.