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Yun Yao's stake in Indaptus Therapeutics falls to 31.51% after private placement

Yun Yao's beneficial ownership in Indaptus Therapeutics decreased to 31.51%, or 41,991,000 shares, following the company's private placement closing on June 17, 2026. The decrease resulted solely from the issuance of new shares in the private offering; Yao did not acquire or dispose of any shares.

Key facts

  • Yun Yao owns 41,991,000 shares with sole voting and dispositive power
  • Beneficial ownership: 31.51% of outstanding common stock
  • Private placement closed June 17, 2026
  • Decrease triggered by new share issuance, not by Yao's sale or acquisition

Why it matters

Yao remains a controlling shareholder of Indaptus despite the dilution from the private placement, but the stake dipped below 32% as new equity was issued.

Developing story

  • SCHEDULE 13D
  • SCHEDULE 13D/Athis filing

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Derived from SCHEDULE 13D/A filed 2026-06-26. Not investment advice. View the source filing on SEC.gov →