$KIDZJun 22, 2026, 8:13 PMAI processedSCHEDULE 13D/A
Hui Luo reports 58.4% of KIDZ AI Class B on Schedule 13D/A
AI Summary
COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1 ) KIDZ AI Inc. filed SEC Form SCHEDULE 13D/A. Hui Luo reports beneficial ownership of 2,210,884 Class B-equivalent shares of KIDZ AI, representing approximately 58.4% of Class B on an as-converted basis. Holdings comprise 13,071 Class A (convertible 1-for-1), 2,000 Class B, and 522,801 Series A Preferred convertible within 60 days into 2,195,813 Class B; Hui Luo has sole voting and dispositive power and reports no transactions in the past 60 days.
Positives
- Reporting person beneficially owns 2,210,884 Class B-equivalent shares (~58.4% of Class B on an as-converted basis)
- Reporting person has sole voting and dispositive power over all reported shares
Negatives
- Single holder controlling >50% of Class B may materially reduce public float and liquidity
- 522,801 Series A Preferred is convertible within 60 days into 2,195,813 Class B at holder's option, representing potential further concentration or share reclassification