Moatable Inc.

12/11/2024 | Press release | Distributed by Public on 12/11/2024 17:50

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Oasis Management Co Ltd.
2. Issuer Name and Ticker or Trading Symbol
Moatable, Inc. [MTBLY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2024
(Street)
GRAND CAYMAN, E9 KY-1103
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Ordinary Shares 05/15/2024 S 45,000 D $0.80(1) 98,869,185 I See footnotes(2)(5)
Class A Ordinary Shares 05/16/2024 S 803,925 D $0.8011(1) 98,065,260 I See footnotes(2)(5)
Class A Ordinary Shares 05/17/2024 S 135,000 D $0.80(1) 97,930,260 I See footnotes(2)(5)
Class A Ordinary Shares 09/20/2024 S 300,285 D $0.8006(1) 97,629,975 I See footnotes(2)(5)
Class A Ordinary Shares 09/23/2024 S 1,274,715 D $0.8005(1) 96,355,260 I See footnotes(2)(5)
Class A Ordinary Shares 09/27/2024 S 320,490 D $0.80(1) 96,034,770 I See footnotes(2)(5)
Class A Ordinary Shares 09/30/2024 S 43,560 D $0.80(1) 95,991,210 I See footnotes(2)(5)
Class A Ordinary Shares 10/01/2024 S 350,010 D $0.80(1) 95,641,200 I See footnotes(2)(5)
Class A Ordinary Shares 10/02/2024 S 312,030 D $0.80(1) 95,329,170 I See footnotes(2)(5)
Class A Ordinary Shares 10/03/2024 S 154,485 D $0.80(1) 95,174,685 I See footnotes(2)(5)
Class A Ordinary Shares 10/04/2024 S 807,975 D $0.801(1) 94,366,710 I See footnotes(2)(5)
Class A Ordinary Shares 10/07/2024 S 90,000 D $0.80(1) 94,276,710 I See footnotes(2)(5)
Class A Ordinary Shares 10/08/2024 S 388,485 D $0.80(1) 93,888,225 I See footnotes(2)(5)
Class A Ordinary Shares 10/10/2024 S 45,000 D $0.8011(1) 93,843,225 I See footnotes(2)(5)
Class A Ordinary Shares 10/11/2024 S 394,560 D $0.8003(1) 93,448,665 I See footnotes(2)(5)
Class A Ordinary Shares 10/14/2024 S 89,955 D $0.80(1) 93,358,710 I See footnotes(2)(5)
Class A Ordinary Shares 12/09/2024 S 93,358,710 D $1.1716(1) 0 I See footnotes(2)(5)
Class A Ordinary Shares 2,662,560(3) I See footnotes(4)(5)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Oasis Management Co Ltd.
4TH FLOOR ANDERSON SQUARE,
64 SHEDDEN ROAD, P.O. BOX 10324
GRAND CAYMAN, E9 KY-1103
X
Fischer Seth
C/O OASIS MANAGEMENT (HONG KONG)
25/F, LHT TOWER, 31 QUEEN'S ROAD CENTRAL
CENTRAL, K3 00000
X

Signatures

/s/ Oasis Management Company Ltd., By: Phillip Meyer, its General Counsel 12/11/2024
**Signature of Reporting Person Date
/s/ Seth Fischer 12/11/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Class A ordinary shares, par value $0.001 per share ("Class A Ordinary Shares") sold were in the form of American Depositary Shares ("ADSs"). The reported price is the price of each ADS sold, the price was paid in USD. Each ADS represents 45 Class A Ordinary Shares.
(2) The securities to which this filing relates are held directly by Oasis Investments II Master Fund Ltd., a Cayman Islands exempted company (the "Oasis II Fund"). Oasis Management Company Ltd., a Cayman Islands exempted company (the "Investment Manager"), is the investment manager of Oasis II Fund. Seth Fischer, is responsible for the supervision and conduct of all investment activities of the Investment Manager, including all investment decisions with respect to the assets of the Oasis II Fund.
(3) The Class A Ordinary Shares are held in the form of American Depositary Shares ("ADSs"). Each ADS represents 45 Class A Ordinary Shares.
(4) The securities reported herein are held directly by Oasis Investments Limited, a Cayman Islands exempted company ("Oasis"). Seth Fischer is the indirect controlling shareholder of Oasis.
(5) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.