Filing Details

Accession Number:
0001193125-23-029082
Form Type:
13G Filing
Publication Date:
2023-02-08 19:00:00
Filed By:
Wu Lei
Company:
Gigacloud Technology Inc
Filing Date:
2023-02-09
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
Lei Wu 9,326,732 0 9,326,732 0 9,326,732 22.9%
Shan Lao Hu Tong 9,171,852 0 9,171,852 0 9,171,852 22.6%
Ji Xiang Hu Tong Holdings Limited 9,171,852 0 9,171,852 0 9,171,852 22.6%
TALENT BOOM GROUP LIMITED 154,880 0 154,880 0 154,880 0.5%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

GigaCloud Technology Inc

(Name of Issuer)

Class A Ordinary Shares, par value US$0.05 per share

(Title of Class of Securities)

G38644 103

(CUSIP Number)

December 31, 2022

(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).

 

 

 


CUSIP No. G38644 103    SCHEDULE 13G    Page 1 of 9

 

  1.    

  Names of Reporting Persons

 

  Lei Wu

  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

 

  Hong Kong

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  Sole Voting Power

 

  9,326,732

   6.   

  Shared Voting Power

 

  0

   7.   

  Sole Dispositive Power

 

  9,326,732

   8.   

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,326,732

10.  

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

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  22.9%

12.  

  Type of Reporting Person (See Instructions)

 

  IN


CUSIP No. G38644 103    SCHEDULE 13G    Page 2 of 9

 

  1.    

  Names of Reporting Persons

 

  Shan Lao Hu Tong LLC

  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

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  Sole Voting Power

 

  9,171,852

   6.   

  Shared Voting Power

 

  0

   7.   

  Sole Dispositive Power

 

  9,171,852

   8.   

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,171,852

10.  

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

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  22.6%

12.  

  Type of Reporting Person (See Instructions)

 

  CO


CUSIP No. G38644 103    SCHEDULE 13G    Page 3 of 9

 

  1.    

  Names of Reporting Persons

 

  Ji Xiang Hu Tong 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

 

  9,171,852

   6.   

  Shared Voting Power

 

  0

   7.   

  Sole Dispositive Power

 

  9,171,852

   8.   

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,171,852

10.  

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

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  22.6%

12.  

  Type of Reporting Person (See Instructions)

 

  CO


CUSIP No. G38644 103    SCHEDULE 13G    Page 4 of 9

 

  1.    

  Names of Reporting Persons

 

  TALENT BOOM GROUP 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

 

  154,880

   6.   

  Shared Voting Power

 

  0

   7.   

  Sole Dispositive Power

 

  154,880

   8.   

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  154,880

10.  

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

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  0.5%

12.  

  Type of Reporting Person (See Instructions)

 

  CO


CUSIP No. G38644 103    SCHEDULE 13G    Page 5 of 9

 

Item 1(a).

Name of Issuer:

GigaCloud Technology Inc

 

Item 1(b).

Address of Issuers Principal Executive Offices:

Unit A, 12/F, Shun Ho Tower, 24-30 Ice House Street, Central, Hong Kong

 

Item 2(a).

Name of Person Filing:

Lei Wu (Mr. Wu)

Shan Lao Hu Tong LLC

Ji Xiang Hu Tong Holdings Limited

TALENT BOOM GROUP LIMITED

 

Item 2(b).

Address or Principal Business Office or, if None, Residence:

Mr. Wus principal business office is located at Unit A, 12/F, Shun Ho Tower, 24-30 Ice House Street, Central, Hong Kong.

The registered address of Shan Lao Hu Tong LLC is 651 N. Broad St., Suite 206, Middletown, DE 19709, Delaware, U.S.A.

The registered address of Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED is Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.

 

Item 2©.

Citizenship:

Lei Wu - Hong Kong

Shan Lao Hu Tong LLC - Delaware

Ji Xiang Hu Tong Holdings Limited - British Virgin Islands

TALENT BOOM GROUP LIMITED - British Virgin Islands

 

Item 2(d).

Title of Class of Securities:

Class A ordinary shares, par value US$0.05 per share (Class A Ordinary Shares).

 

Item 2(e).

CUSIP Number:

G38644 103.

 

Item 3.

If this statement is filed pursuant to Rule 13d-1(b) or 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 association 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)       A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k)       Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

CUSIP No. G38644 103    SCHEDULE 13G    Page 6 of 9

 

Not applicable.

 

Item 4.

Ownership.

(a) to (c)

The ownership information presented below represents beneficial ownership of Class A Ordinary Shares as of the date of December 31, 2022, based upon 31,357,814 Class A Ordinary Shares outstanding as of September 30, 2022, as disclosed in the current report on Form 6-K furnished by the Issuer with the U.S. Securities and Exchange Commission on November 30, 2022.

 

                  Number of shares as to which the person has:  

Reporting Person

   Amount
beneficially
owned
     Percent
of class:
    Sole power
to vote or
to direct
the vote:
     Shared
power
to vote
or to
direct
the
vote:
     Sole power
to dispose
or to direct
the
disposition

of:
     Shared
power to
dispose or
to direct
the
disposition
of:
 

Lei Wu

     9,326,732        22.9     9,326,732        0        9,326,732        0  

Shan Lao Hu Tong LLC

     9,171,852        22.6     9,171,852        0        9,171,852        0  

Ji Xiang Hu Tong Holdings Limited

     9,171,852        22.6     9,171,852        0        9,171,852        0  

TALENT BOOM GROUP LIMITED

     154,880        0.5     154,880        0        154,880        0  

As of December 31, 2022, Mr. Wus beneficial ownership included (i), 9,171,852 Class B ordinary shares, par value of US$0.05 per share, of the Issuer (Class B Ordinary Shares) held of record by Ji Xiang Hu Tong Holdings Limited and (ii) 154,880 Class B Ordinary Shares held of record by TALENT BOOM GROUP LIMITED. Mr. Wu is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. Mr. Wu also controls TALENT BOOM GROUP LIMITED. As a result of these relationships, Mr. Wu may be deemed to be the beneficial owner of the securities held of record by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED.

The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares.

 

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.


CUSIP No. G38644 103    SCHEDULE 13G    Page 7 of 9

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certification.

Not applicable.


CUSIP No. G38644 103    SCHEDULE 13G    Page 8 of 9

 

SIGNATURE

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

Date: February 9, 2023

 

/s/ Lei Wu
Lei Wu
Shan Lao Hu Tong LLC
By:   /s/ Lei Wu
Name: Lei Wu
Title: Member
Ji Xiang Hu Tong Holdings Limited
By:   /s/ Lei Wu
Name: Lei Wu
Title: Director
TALENT BOOM GROUP LIMITED
By:   /s/ Lei Wu
Name: Lei Wu
Title: Director

[Signature Page to Schedule 13G]


CUSIP No. G38644 103    SCHEDULE 13G    Page 9 of 9

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

A    Joint Filing Agreement