Form
SCHEDULE 13D
Active or control-oriented beneficial ownership filing.
TB Alternative Assets Ltd. - 22 Dec 2025 SCHEDULE 13D Report for Cloopen Group Holding Limited Class A Ordinary Shares, par value US$0.0001 per share (RAASY)
- Filing manager
- TB Alternative Assets Ltd.
- Reporting owner
- TB Alternative Assets Ltd.
- Beneficially owned shares
- 38,474,611 shares
- Large-stake signal
-
Ownership
12%Beneficial ownership of this reported class.
Shares
38,474,611 sharesShares beneficially owned as disclosed.
Event date
22 Dec 2025Date tied to the ownership event or amendment.
Accepted by SEC
30 Dec 2025EDGAR acceptance date.
How to read this large-stake filing
- Schedule 13D/G filings focus on beneficial ownership stakes, not a full portfolio.
- Compare this filing with the holder history and issuer page before treating the percentage as a current position.
- Use amendments to understand whether the disclosed stake increased, decreased, or changed reporting status.
- Class ownership
- 12%
- Symbol
- RAASY
- Shares outstanding
- 315,624,372 shares
- SEC form
- SCHEDULE 13D
- Accepted by SEC
- 30 Dec 2025, 08:42:39 UTC
- Event date
- 22 Dec 2025
- Next SEC filing
- 13 May 2026
- Source filing
- View source filing
Ownership signal
CIK-linked ownership evidence from parsed SEC filings.
2 signals
Subject security
Names, identifiers, and filing context for this profile.
2 source fields
Source evidence
Original filing metadata and source links for verification.
5 source fields
Key filing fact
TB Alternative Assets Ltd. disclosed 12% ownership in Cloopen Group Holding Limited Class A Ordinary Shares, par value US$0.0001 per share (RAASY) on 22 Dec 2025.
Key facts
- TB Alternative Assets Ltd. filed SCHEDULE 13D for Cloopen Group Holding Limited Class A Ordinary Shares, par value US$0.0001 per share (RAASY).
- Disclosed ownership: 12%.
- Date of event: 22 Dec 2025.
Change
- No earlier schedule filing is available for direct comparison.
- Current filing was accepted on 30 Dec 2025, 08:42.
Research use
- This page turns one Schedule 13D/G filing into a quick large-stake read before the raw reporting-person rows.
- Use the linked SEC filing as the source of truth for ownership percentages, shares, and reporting-party details.
Evidence
Backed by Schedule 13D/13G
View source filing
Beneficial ownership values are sourced from the original SEC Schedule 13D/13G filing.
Reporting persons
Disclosed reporting parties (7)
Names, ownership percentages, voting power, signatures, titles, and CIKs as disclosed in this Schedule 13D/G filing.
| Name | Ownership | Shares owned | Sole voting power | Shared voting power | Signature | Title | CIK |
|---|---|---|---|---|---|---|---|
| TB Alternative Assets Ltd. | 12% | 38,474,611 | 38,474,611 | 0 | /s/ Shujun Li | Shujun Li, Director | 0001483503 |
| Trustbridge Partners V, L.P. | 12% | 38,474,611 | 38,474,611 | 0 | /s/ Verity Priest | Verity Priest, Authorized Signatory | |
| Trustbridge Partners VII, L.P. | 12% | 38,474,611 | 0 | 38,474,611 | /s/ Verity Priest | Verity Priest, Authorized Signatory | 0001833327 |
| TB Partners GP5 Limited | 12% | 38,474,611 | 38,474,611 | 0 | /s/ Verity Priest | Verity Priest, Director | |
| TB Partners GP7 Limited | 12% | 38,474,611 | 0 | 38,474,611 | /s/ Verity Priest | Verity Priest, Director | |
| Changxun Sun | 8.8% | 27,649,839 | 27,649,839 | 0 | /s/ Changxun Sun | Changxun Sun | 0001907822 |
| Cloopen Co., Ltd. | 8.1% | 25,649,839 | 25,649,839 | 0 | /s/ Changxun Sun | Changxun Sun, Director |
CIK / CUSIP context first