Filing Details

Accession Number:
0001193125-21-030252
Form Type:
13G Filing
Publication Date:
2021-02-05 11:35:58
Filed By:
Xu Jianfeng
Company:
Yalla Group Limited (NYSE:YALA)
Filing Date:
2021-02-05
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Jianfeng Xu 12,216,326 0 12,216,326 0 12,216,326 10.2%
Windbell Holdings Limited 11,166,326 0 11,166,326 0 11,166,326 9.4%
WindBell Limited 11,166,326 0 11,166,326 0 11,166,326 9.4%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Yalla Group Limited

(Name of Issuer)

Class A Ordinary Shares, par value US$0.0001 per share

(Title of Class of Securities)

98459U 103(1)

(CUSIP Number)

December 31, 2020

(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 the disclosures provided in a prior cover page.

The information required in 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)

This CUSIP number applies to the Issuers American Depositary Shares, each representing one Class A ordinary share.

 

 

 


SCHEDULE 13G

CUSIP No. 98459U 103

 

  1    

  Names of Reporting Persons

 

  Jianfeng Xu

  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

 

  12,216,326(1)

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  12,216,326(1)

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,216,326(1)

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11  

  Percent of Class Represented by Amount in Row (9)

 

  10.2% of Class A ordinary shares(2)

12  

  Type of Reporting Person (See Instructions)

 

  IN

 

(1)

Represents (i) 11,166,326 Class A ordinary shares held by WindBell Limited, and (ii) 1,050,000 Class A ordinary shares that Mr. Xu has the right to receive within 60 days after December 31, 2020.

 

(2)

The percentage of the class of securities beneficially owned by each reporting person is calculated based on a total of 119,196,117 Class A ordinary shares of the Issuer issued and outstanding as of December 31, 2020, based on information provided by the Issuer. Beneficial ownership information is presented as of December 31, 2020.

 

2


  1    

  Names of Reporting Persons

 

  Windbell Holdings 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

 

  11,166,326(3)

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  11,166,326(3)

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  11,166,326(3)

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11  

  Percent of Class Represented by Amount in Row (9)

 

  9.4% of Class A ordinary shares(4)

12  

  Type of Reporting Person (See Instructions)

 

  CO

 

(3)

Represents 11,166,326 Class A ordinary shares held by WindBell Limited.

 

(4)

The percentage of the class of securities beneficially owned by each reporting person is calculated based on a total of 119,196,117 Class A ordinary shares of the Issuer issued and outstanding as of December 31, 2020, based on information provided by the Issuer. Beneficial ownership information is presented as of December 31, 2020.

 

3


  1    

  Names of Reporting Persons

 

  WindBell 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

 

  11,166,326(5)

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  11,166,326(5)

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  11,166,326(5)

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11  

  Percent of Class Represented by Amount in Row (9)

 

  9.4% of Class A ordinary shares(6)

12  

  Type of Reporting Person (See Instructions)

 

  CO

 

(5)

Represents 11,166,326 Class A ordinary shares held by WindBell Limited.

 

(6)

The percentage of the class of securities beneficially owned by each reporting person is calculated based on a total of 119,196,117 Class A ordinary shares of the Issuer issued and outstanding as of December 31, 2020, based on information provided by the Issuer. Beneficial ownership information is presented as of December 31, 2020.

 

4


Item 1.

 

  (a)

Name of Issuer:

Yalla Group Limited

 

  (b)

Address of Issuers Principal Executive Offices:

#238, Building 16

Dubai Internet City

Dubai

United Arab Emirates

 

Item 2.

 

  (a)

Name of Person Filing:

 

  (i)

Jianfeng Xu;

 

  (ii)

Windbell Holdings Limited (Windbell Holdings), a limited liability company established in the British Virgin Islands; and

 

  (iii)

WindBell Limited (WindBell), a limited liability company established in the British Virgin Islands.

 

  (b)

Address of Principal Business Office or, if none, Residence:

 

  (i)

The address of the principal business office of Jianfeng Xu is #238, Building 16, Dubai Internet City, Dubai, United Arab Emirates.

 

  (ii)

The registered address of Windbell Holdings is Palm Grove House, P.O. Box 438, Road Town, Tortola, VG1110, British Virgin Islands.

 

  (iii)

The registered address of WindBell is Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola VG1110, British Virgin Islands.

 

  (c)

Citizenship:

 

  (i)

Jianfeng Xu Peoples Republic of China

 

  (ii)

Windbell Holdings British Virgin Islands

 

  (iii)

WindBell British Virgin Islands

 

  (d)

Title and Class of Securities:

Class A ordinary shares, par value US$0.0001 per share

 

  (e)

CUSIP No.:

98459U 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:

Not applicable.

 

5


Item 4.

Ownership

 

Reporting
Person(1)

   Amount
beneficially
owned(1)
     Percent of
class(2)
    Sole power
to vote or
direct to
vote(1)
     Shared
power to
vote or to
direct the
vote
     Sole power
to
dispose or
to
direct the
disposition
of(1)
     Shared
power
to dispose
or
to direct the
disposition
of
 

Jianfeng Xu

     12,216,326        10.2     12,216,326        0        12,216,326        0  

Windbell Holdings

     11,166,326        9.4     11,166,326        0        11,166,326        0  

WindBell

     11,166,326        9.4     11,166,326        0        11,166,326        0  

 

(1)

As of December 31, 2020, WindBell held 11,166,326 of the Issuers Class A ordinary shares. WindBell is controlled by Windbell Holdings, which is in turn controlled by a trust of which Mr. Jianfeng Xu is the settlor and Mr. Xu and his family members are beneficiaries. Under the terms of this trust, Mr. Xu has the power to direct the trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to, the shares held by WindBell in the Issuer. Accordingly, each of Mr. Xu and Windbell Holdings may thereby be deemed to beneficially own the 11,166,326 Class A ordinary shares held by WindBell.

In addition, Mr. Xu has the right to receive 1,050,000 Class A ordinary shares within 60 days after December 31, 2020.

 

(2)

The percentage of the class of securities beneficially owned by each reporting person is calculated based on 119,196,117 Class A ordinary shares of the Issuer issued and outstanding as of December 31, 2020.

 

Item 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certifications.

Not applicable.

 

6


SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: February 5, 2021

 

Jianfeng Xu
/s/ Jianfeng Xu
Name:   Jianfeng Xu
Windbell Holdings Limited
By:   /s/ YEU Chi Fai
Name:  

YEU Chi Fai

on behalf of S.B. Vanwall Ltd.

Title:   Director
WindBell Limited
By:   /s/ Jianfeng Xu
Name:   Jianfeng Xu
Title:   Director

 

7


EXHIBIT INDEX

 

Exhibit No.   

Description

99.1    Joint Filing Agreement

 

8