UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
SINA CORPORATION
(Name of Issuer)
Ordinary Shares, $0.133 par value
(Title of Class Securities)
G81477104
(CUSIP Number)
December 31, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
* 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 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. G81477104 | 13G | Page 2 of 6 |
| 1 | NAMES OF REPORTING PERSONS | | |
| Oasis Management Company Ltd. | | |
| | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | | |
| (a)☐ | | |
| (b)☐ | | |
| 3 | SEC USE ONLY | | |
| | | |
| | |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | |
| Cayman Islands | | |
| | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | |
| - 0 - | | |
| | |
| 6 | SHARED VOTING POWER | | |
| 4,433,561 Ordinary Shares | | |
| | |
| 7 | SOLE DISPOSITIVE POWER | | |
| - 0 - | | |
| | |
| 8 | SHARED DISPOSITIVE POWER | | |
| 4,433,561 Ordinary Shares | | |
| | |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | |
| 4,433,561 Ordinary Shares | | |
| | |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | |
| ☐ | | |
| | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | |
7.39%** | | |
| | |
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | |
| IA | | |
| | |
** | Calculated based upon 60,010,143 Ordinary Shares outstanding as of November 20, 2020, as disclosed by the Company in its Schedule 13E-3 filed with the Securities and Exchange Commission on November 20, 2020. |
| CUSIP No. G81477104 | 13G | Page 3 of 6 |
| 1 | NAMES OF REPORTING PERSONS | | |
| | |
| | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | | |
| (a)☐ | | |
| (b)☐ | | |
| 3 | SEC USE ONLY | | |
| | | |
| | |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | |
| | |
| | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | |
| - 0 - | | |
| | |
| 6 | SHARED VOTING POWER | | |
4,433,561 Ordinary Shares | | |
| | |
| 7 | SOLE DISPOSITIVE POWER | | |
| - 0 - | | |
| | |
| 8 | SHARED DISPOSITIVE POWER | | |
4,433,561 Ordinary Shares | | |
| | |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | |
4,433,561 Ordinary Shares | | |
| | |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | |
| ☐ | | |
| | |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | |
7.39%** | | |
| | |
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | |
IN
| | |
| | |
| ** | Calculated based upon 60,010,143 Ordinary Shares outstanding as of November 20, 2020, as disclosed by the Company in its Schedule 13E-3 filed with the Securities and Exchange Commission on November 20, 2020. |
| CUSIP No. G81477104 | 13G | Page 4 of 6 |
The name of the issuer is SINA Corporation (the “Company”).
| Item 1(b) | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES |
The Company’s principal executive offices are located at No. 8 SINA Plaza, Courtyard 10, the West Xibeiwang E. Road, Haidian District, Beijing 100193, People’s Republic of China
| Item 2(a) | NAME OF PERSON FILING |
This statement is filed by:
| | (i) | Oasis Management Company Ltd., a Cayman Islands exempted company (“Oasis Management” or the “Investment Manager”), with respect to the Ordinary Shares (as defined below) held by certain investment funds managed by Oasis Management (the “Oasis Funds”)
|
| | (ii) | Seth Fischer (“Mr. 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 Funds, with respect to the Ordinary Shares held by the Oasis Funds. |
The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.”
The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Ordinary Shares reported herein.
| Item 2(b) | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: |
The address of the business office of Mr. Fischer is c/o Oasis Compliance, Oasis Management (Hong Kong), 25/F, LHT Tower, 31 Queen’s Road Central, Central, Hong Kong. The address of the business office of Oasis Management is Ugland House, PO Box 309 Grand Cayman, KY1-110, Cayman Islands.
Oasis Management is a Cayman Islands exempted company. Mr. Fischer is a citizen of Germany.
| Item 2(d) | TITLE AND CLASS OF SECURITIES: |
Ordinary Shares, $0.133 par value (the “Ordinary Shares”).
The CUSIP Number for the Ordinary Shares is G81477104.
| CUSIP No. G81477104 | 13G | Page 5 of 6 |
| Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO 240.13D-1(B) OR 240.13D-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. 78c). |
| | | | |
| | (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) | ☒ | Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
| | | | |
| | (f) | ☐ | Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
| | | | |
| | (g) | ☒ | Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
| | | | |
| | (h) | ☐ | Savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| | | | |
| | (i) | ☐ | 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) | ☐ | 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). |
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________
The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
The percentages used herein are calculated based upon 60,010,143 Ordinary Shares outstanding as of November 20, 2020, as disclosed by the Company in its Schedule 13E-3 filed with the Securities and Exchange Commission on November 20, 2020.
| Item 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
Not applicable.
| Item 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. |
See Item 2. The Oasis Funds have the right to receive or the power to direct the receipts of dividends from, or the proceeds from the sale of, the Ordinary Shares reported herein. No individual Oasis Fund has the right to receive or the power to direct the receipts of dividends from, or the proceeds from the sale of, more than 5% of the Ordinary Shares.
