SC 13G/A 1 formsc13ga.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

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)

 

March 31, 2024

 

(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 person’s 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 not be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP NO. G38644 103 SCHEDULE 13G/A Page 2 of 7 Pages

 

1.

NAMES OF REPORTING PERSON.

 

  Lianya Pan
 
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b)
   
3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON WITH

5. SOLE VOTING POWER -1,576,284-
 
6. SHARED VOTING POWER -0-
 
7. SOLE DISPOSITIVE POWER -1,576,284-
 
8. SHARED DISPOSITIVE POWER -0-

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.

 

1,576,284

 
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.01%

 

12.

TYPE OF REPORTING PERSON

 

IN

 

 

 

 

CUSIP NO. G38644 103 SCHEDULE 13G/A Page 3 of 7 Pages

 

1.

NAMES OF REPORTING PERSON.

 

  FireDragon Holdings Inc.
 
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (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 -1,576,284-
 
6. SHARED VOTING POWER -0-
 
7. SOLE DISPOSITIVE POWER -1,576,284-
 
8. SHARED DISPOSITIVE POWER -0-

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.

 

1,576,284

 
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.01%

 

12.

TYPE OF REPORTING PERSON

 

CO

 

 

 

 

CUSIP NO. G38644 103 SCHEDULE 13G/A Page 4 of 7 Pages

 

Item 1(a).Name of Issuer:

 

GigaCloud Technology Inc

 

Item 1(b).Address of Issuer’s Principal Executive Offices:

 

4388 Shirley Avenue, El Monte, CA 91731, USA

 

Item 2(a).Name of Person Filing:

 

Lianya Pan

FireDragon Holdings Inc.

 

Item 2(b).Address or Principal Business Office:

 

Lianya Pan’s principal business office is 19719 Prospect Place, Walnut, CA 91789.

 

The registered address of FireDragon Holdings Inc. is Trinity Chambers, P.O. Box 4301, Road Town, Tortola, British Virgin Islands.

 

Item 2(c).Citizenship:

 

Lianya Pan – United States of America

 

FireDragon Holdings Inc. – British Virgin Islands

 

Item 2(d).Title 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).

 

Not applicable.

 

 

 

 

CUSIP NO. G38644 103 SCHEDULE 13G/A Page 5 of 7 Pages

 

Item 4.

Ownership

 

The ownership information presented below represents beneficial ownership of Class A Ordinary Shares as of the date of March 31, 2024, based upon 31,470,692 Class A Ordinary Shares outstanding as of February 29, 2024, as disclosed in the Issuer’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 27, 2024.

 

   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:
 
Lianya Pan   1,576,284    5.01%   1,576,284       0    1,576,284        0 
FireDragon Holdings Inc.   1,576,284    5.01%   1,576,284    0    1,576,284    0 

 

As of March 31, 2023, FireDragon Holdings, Inc. held a total of 1,576,284 Class A Ordinary Shares. FireDragon Holdings Inc. is wholly owned by Lianya Pan.

 

Item 5.Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ]. 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.

 

Item 9.Notice of Dissolution of Group.

 

Not Applicable.

 

Item 10.Certifications.

 

Not Applicable.

 

 

 

 


CUSIP NO. G38644 103
SCHEDULE 13G/A Page 6 of 7 Pages

 

SIGNATURE

 

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

 

  Dated: April 26, 2024
     
  /s/ Lianya Pan
  Name: Lianya Pan
     
  FireDragon Holdings Inc.
     
  /s/ Lianya Pan
  Name: Lianya Pan
  Title: Sole Director

 

 

 

 

CUSIP NO. G38644 103 SCHEDULE 13G/A Page 7 of 7 Pages

 

LIST OF EXHIBITS

 

Exhibit No.   Description
     
A   Joint Filing Agreement

 

 

 

 

Exhibit A

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A ordinary shares, par value US$0.05 per share, of GigaCloud Technology Inc, a Cayman Islands exempted company with limited liability, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

[Signature page to follow]

 

 

 

 

SIGNATURE

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of April 26, 2024.

 

  /s/ Lianya Pan
  Name: Lianya Pan
     
  FireDragon Holdings Inc.
     
  /s/ Lianya Pan
  Name: Lianya Pan
  Title: Sole Director

 

[Signature Page to 13G Joint Filing Agreement]