51Talk CEO Jack Jiajia Huang reports US$32.37 million China Online Education Group share purchase
COE•CEO Jack Jiajia Huang reported open-market purchases of 2,812,140 Class A ordinary shares through HH Talent Limited, which then held 38,427,300 shares.
1. Share purchases
Huang reported open-market purchases of 2,812,140 Class A ordinary shares through HH Talent Limited, raising the entity’s stake to 38,427,300 shares. Separately, Huang’s spouse received 18,180 Class A ordinary shares from vested RSUs, and 4,020 ADS were sold to cover taxes. Huang also reported indirect beneficial ownership of 42,388,800 Class A ordinary shares held through Dasheng Global Limited.
