SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Mynd.ai, Inc.
(Name of Issuer)
Ordinary Shares, par value $0.001 per share
(Title of Class of Securities)
628988 107**
(CUSIP Number)
December 31, 2023
(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) |
| x | 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 disclosures provided in a prior cover page.
** This CUSIP number applies to the Issuer’s American Depositary Shares (“ADSs”), which are quoted on the NYSE American under the symbol “MYND.” Each ADS represents 10 Ordinary Shares.
The information required on 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 be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 628988 107 | Page 2 of 7 pages |
| 1 | Name of Reporting Person Chimin Cao | ||
| 2 | Check the Appropriate Box if a Member of a Group | ||
| (a) | ¨ | ||
| (b) | ¨ | ||
| 3 | SEC Use Only | ||
| 4 | Citizenship or Place of Organization People’s Republic of China | ||
| Number of Shares Beneficially Owned by Each Reporting Person With | 5 | Sole Voting Power 3,511,609. See Item 4. |
| 6 | Shared Voting Power 0 | |
| 7 | Sole Dispositive Power 3,511,609. See Item 4. | |
| 8 | Shared Dispositive Power 0 | |
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 3,511,609. See Item 4. | |
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨ | |
| 11 | Percent of Class Represented by Amount in Row 9 0.8%. See Item 4. | |
| 12 | Type of Reporting Person IN |
| CUSIP No. 628988 107 | Page 3 of 7 pages |
| 1 | Name of Reporting Person Joy Year Limited | ||
| 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 3,511,609. See Item 4. |
| 6 | Shared Voting Power 0 | |
| 7 | Sole Dispositive Power 3,511,609. See Item 4. | |
| 8 | Shared Dispositive Power 0 | |
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 3,511,609. See Item 4. | |
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨ | |
| 11 | Percent of Class Represented by Amount in Row 9 0.8%. See Item 4. | |
| 12 | Type of Reporting Person CO |
| CUSIP No. 628988 107 | Page 4 of 7 pages |
| Item 1(a). | Name of Issuer: Mynd.ai, Inc. (the “Issuer”) |
| Item 1(b). | Address of Issuer’s Principal Executive Offices: Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, Cayman Island KY1-1104. |
| Item 2(a). | Name of Person Filing: Chimin Cao and Joy Year Limited (collectively, the “Reporting Persons”) |
| Item 2(b). | Address of Principal Business Office or, if none, Residence: The address of the Reporting Persons is c/o 4/F, No. 29 Building, Fangguyan Section 1, Fangzhuang, Fengtai District, Beijing 100078, People’s Republic of China. |
| Item 2(c) | Citizenship: Chimin Cao is a citizen of the People’s Republic of China. Joy Year Limited is a British Virgin Islands company. |
| Item 2(d). | Title of Class of Securities: Ordinary shares, par value $0.001 per share (the “Ordinary Shares”). |
| Item 2(e). | CUSIP Number: The Ordinary Shares have no CUSIP number. The CUSIP number for the ADSs is 628988107. Each ADS represents 10 Ordinary Shares. |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a: |
| Not applicable | |
| Item 4. | Ownership: |
| Reporting Person | Amount beneficially owned: | Percent of class: | Percent of aggregate voting power: | Sole power to vote or 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: | |||||||||||||||||||||
| Chimin Cao | 3,511,609 | (1) | 0.8 | %(2) | 0.8 | %(3) | 3,511,609 | (1) | 0 | 3,511,609 | (1) | 0 | ||||||||||||||||
| Joy Year Limited | 3,511,609 | (4) | 0.8 | %(2) | 0.8 | %(3) | 3,511,609 | (4) | 0 | 3,511,609 | (4) | 0 | ||||||||||||||||
| (1) | Represents 3,511,609 Ordinary Shares held by Joy Year Limited, a British Virgin Islands company. Joy Year Limited is ultimately owned by The Top Genius Trust, a trust established with the laws of Guernsey and managed by Credit Suisse Trust Limited as the trustee. Mr. Chimin Cao is the settlor of The Top Genius Trust, and Mr. Chimin Cao and his family members are the trust’s beneficiaries. Under the terms of this trust, Mr. Chimin Cao has the power to direct the trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to, the shares of the Issuer, held by Joy Year Limited. |
| (2) | The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 456,477,820 Ordinary Shares of the Issuer outstanding as of January 5, 2024, as disclosed by the Issuer in its Form 6-K filed with the Securities and Exchange Commission on January 5, 2024. |
| (3) | For each Reporting Person, percentage of aggregate voting power is calculated by dividing the voting power beneficially owned by such Reporting Person by the voting power of all of the Issuer’s Ordinary Shares. |
| (4) | Represents 3,511,609 Ordinary Shares held by Joy Year Limited, a British Virgin Islands company. |
| CUSIP No. 628988 107 | Page 5 of 7 pages |
| 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 5 percent of the class of securities, check the following x | |
| 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 Controlling 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 |
LIST OF EXHIBITS
| CUSIP No. 628988 107 | Page 6 of 7 pages |
Exhibit No. | Description | |
| A | Joint Filing Agreement |
| CUSIP No. 628988 107 | Page 7 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: February 6, 2024
| Chimin Cao | ||
| /s/ Chimin Cao | ||
| Joy Year Limited | ||
| By: | /s/ Chimin Cao | |
| Name: | Chimin Cao | |
| Title: | Director | |
