M&A - Joy Capital Opportunity, L.P.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-01-15

Corporate Action: Acquisition

Type: Update

Accession Number: 000149315225002272

Filing Summary: This amendment to Schedule 13D reports that Joy Capital Opportunity, L.P. is among the Reporting Persons filing this document, which pertains to the Class A ordinary shares of Uxin Limited. On January 14, 2025, Brightest Sky Limited, an entity established by Joy Capital IV, acquired 1,029,230,136 Class A Ordinary Shares from Abundant Grace Investment Limited for a total of $5,000,000, equating to a price of $0.004858 per share. The acquisition took place under a Share Purchase Agreement dated January 11, 2025. The document details the beneficial ownership structure, mentioning that Astral Success Limited holds 17,496,912,310 shares and Brightest holds the aforementioned shares, contributing to a total ownership calculation based on a larger share count disclosed in previous filings. Furthermore, the amendment updates and clarifies prior statements without altering the overall disclosures, maintaining compliance with SEC regulations regarding beneficial ownership reporting.