Zhao Pei, a prominent figure in Bitari Inc, has filed a report detailing his significant ownership stake in the company. This filing, made on October 29, 2026, is crucial as it highlights Pei's influence and potential direction for the firm.
Background
Bitari Inc, identified by the Central Index Key 0002091680, operates within the crypto assets sector. The company is incorporated in Texas and has its fiscal year ending on December 31. Zhao Pei, with CIK 0002160656, holds a key leadership position as the Chairperson of BDs and Secretary.
What the Filing Says
The recent filing indicates that Zhao Pei holds 36,996,176 shares of Bitari Inc, representing a substantial ownership stake. The report states, "Held by AI Power X Inc., which is 56% owned by Pei Zhao." This ownership structure emphasizes Pei's significant influence over the company.
Impact
This ownership report may affect various stakeholders, including shareholders, employees, and competitors in the crypto assets industry. Pei's position as a ten percent owner and his roles as an officer and director could lead to strategic shifts within Bitari Inc.
What's Next
The filing does not say what happens next.
Ownership Structure
The filing reveals that Zhao Pei's shares are held through AI Power X Inc., which is 56% owned by him. This structure underscores the layered ownership that Pei maintains over Bitari Inc, highlighting his control over the company’s strategic decisions.
Company Information
Bitari Inc is categorized under the Standard Industrial Classification (SIC) code 6221, indicating its operations within the crypto assets sector. The company is registered in Texas and has a fiscal year that concludes on December 31. Its business address is located at 16544 HWY 152, Wheeler, TX 79096, with a contact number of (669) 205-9999.
Filing Details
This Form 3 filing is part of the requirements under the SEC Act of 1934 and is filed under SEC File Number 333-298506. The document was accepted on October 29, 2026, at 17:18:43, and serves to inform the public about significant ownership changes.
Additional Context
The filing does not include any information regarding future plans or intentions of Zhao Pei concerning his ownership stake or potential changes in Bitari Inc’s strategic direction.
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