Changxun Sun - 28 Oct 2026 Form 4 Insider Report for Cloopen Group Holding Ltd (RAASY)

Reporting relationship: Chief Executive Officer
Issuer ticker: RAASY
Reported as of: 28 Oct 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 29 Oct 2026, 06:32:43 UTC
Prior SEC filing: 18 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Changxun Sun

Filing notes and source

Key filing fact

Changxun Sun filed Form 4 for Cloopen Group Holding Ltd (RAASY) on 29 Oct 2026.

Key facts

This page summarizes Changxun Sun's Form 4 filing for Cloopen Group Holding Ltd (RAASY).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 29 Oct 2026, 06:32.

Change

Previous filing in this sequence was filed on 18 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001907822 Primary reporting owner

Sun Changxun

Relationship: Chief Executive Officer
Address: 16/F, TOWER A, FAIRMONT TOWER,, 33 GUANGSHUN NORTH MAIN ST, CHAOYANG, BEIJING, CHINA
Signature: /s/ Changxun Sun
Signature date: 29 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RAASY transaction

Class A ordinary shares

Disposed to Issuer

Transaction value
Shares: -2,000,000
Change %: -100%
Price
Shares after: 0
Date: 28 Oct 2026
Ownership: See Footnote
Footnotes: F1, F2, F3

RAASY transaction

Class B ordinary shares

Disposed to Issuer

Transaction value
Shares: -25,649,839
Change %: -100%
Price
Shares after: 0
Date: 28 Oct 2026
Ownership: See Footnote
Footnotes: F1, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Changxun Sun is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

This Form 4 reports securities disposed of under the Agreement and Plan of Merger, dated May 12, 2026 (the "Merger Agreement"), by and among the Issuer, SpringX Holdings Limited ("Parent"), AutumnX Holdings Limited ("Holdco"), a wholly-owned subsidiary of Parent and SummerX Holdings Limited ("Merger Sub"), a wholly-owned subsidiary of Holdco. Pursuant to be Merger Agreement, Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer being the surviving company of the Merger as a wholly-owned subsidiary of Holdco. Upon completion of the Merger, the Issuer became a privately-held company.

Footnote F2

In connection with the Merger, Flawless Success Limited entered into a support agreement, dated as of May 12, 2026 (the "Support Agreement"), pursuant to which, among other things, at the effective time of the Merger (the "Effective Time"), each of these class A ordinary shares, with par value of US$0.0001 each, of the Issuer (each a "Class A Ordinary Share" and collectively, the "Class A Ordinary Shares"), reported in this row and beneficially owned by Mr. Sun Changxun was cancelled in exchange for one ordinary share newly issued by HoldCo.

Footnote F3

These Class A Ordinary Shares are held by Flawless Success Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under the Issuer's share incentive plans.

Footnote F4

Pursuant to the Support Agreement, at the Effective Time, each of these Class B ordinary shares, with par value of US$0.0001 each, of the Issuer (each a "Class B Ordinary Share" and collectively, the "Class B Ordinary Shares"), reported in this row and beneficially owned by Mr. Sun Changxun was cancelled in exchange for one ordinary share newly issued by HoldCo.

Footnote F5

These Class B Ordinary Shares are held by Cloopen Co., Ltd, a company wholly-owned by Mr. Sun Changxun.