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DATASEA INC. — Director's Dealing 2025
Mar 25, 2025
35065_dirs_2025-03-25_35a4c3f1-5921-4e1b-9606-33e068d654db.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DATASEA INC. (DTSS)
CIK: 0001631282
Period of Report: 2024-03-19
Reporting Person: Liu Fu (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-19 | Common Stock | A | 14667 | $0.99 | Acquired | 387856 | Direct |
| 2024-03-19 | Common Stock | A | 53532 | $0.23 | Acquired | 441388 | Direct |
| 2024-06-13 | Common Stock | A | 50000 | $5.13 | Acquired | 491388 | Direct |
| 2024-06-13 | Common Stock | A | 13164 | $5.13 | Acquired | 504552 | Direct |
| 2024-08-06 | Common Stock | A | 30000 | $4.94 | Acquired | 534552 | Direct |
| 2024-08-19 | Common Stock | A | 398925 | $2.10 | Acquired | 933477 | Direct |
| 2024-10-15 | Common Stock | A | 690080 | $2.06 | Acquired | 1623557 | Direct |
| 2024-11-19 | Common Stock | A | 30000 | $2.36 | Acquired | 1653557 | Direct |
Footnotes
F1: The Reporting Person was issued shares of the Issuer's common stock as compensation in lieu of cash.
F2: The Reporting Person was issued shares of the Issuer's common stock as payment of accrued and unpaid salary.
F3: On August 9, 2024, the Issuer entered into an intellectual property purchase agreement with the Reporting Person, under which the Reporting Person transferred intangible assets (software copyrights) personally owned by the Reporting Person to the Issuer. In consideration for the transfer, the Issuer granted the Reporting Person 398,925 shares of common stock.
F4: Pursuant to a Subscription Agreement, dated September 27, 2024, the Issuer agreed to sell, and the Reporting Person agreed to purchase, an aggregate of 690,080 shares of common stock at a purchase price of $2.06 per share (the "Purchase Price"). The Purchase Price was equal to the closing price of the common stock on The Nasdaq Capital Market on September 26, 2024, and was payable within 15 business days of September 27, 2024. On October 15, 2024, the Issuer received the Purchase Price from the Reporting Person.