Sec Form 4 Filing - SPARKLE BYTE LTD @ CASI Pharmaceuticals, Inc. - 2016-06-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SPARKLE BYTE LTD
2. Issuer Name and Ticker or Trading Symbol
CASI Pharmaceuticals, Inc. [ CASI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
P.O. BOX 957, OFFSHORE INCORPORATIONS CENTRE
3. Date of Earliest Transaction (MM/DD/YY)
06/24/2016
(Street)
ROAD TOWN, TORTOLA, D800000
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/24/2016 P 3,753,855 A $ 1.19 ( 2 ) 8,498,765 D ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant $ 1.69 06/24/2016 P 750,771 09/23/2016 09/23/2019 Common Stock 750,771 $ 0.025 ( 2 ) 1,699,753 D ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SPARKLE BYTE LTD
P.O. BOX 957
OFFSHORE INCORPORATIONS CENTRE
ROAD TOWN, TORTOLA, D800000
X
SNOW MOON LTD
P.O. BOX 957
OFFSHORE INCORPORATIONS CENTRE
ROAD TOWN, TORTOLA, D800000
X
TIANJIN JINGRAN MANAGEMENT CENTER (LIMITED PARTNERSHIP)
RM 1704-4920 KUANG SHI GUO JI TOWER A
XIANGLUOWAN BUSINESS CTR FREE TRADE ZONE
TIANJIN, F400000
X
HE XIE AI QI INVESTMENT MANAGEMENT (BEIJING) CO., LTD.
ROOM 5835, 5/F, SHENCHANG BUILDING
51 ZHICHUN ROAD, HAIDIAN DISTRICT
BEIJING, F4100005
X
Li Jianguang
6/F, TOWER A, COFCO PLAZA
8 JIANGUOMENNEI AVENUE
BEIJING, F4100005
X
Lin Dongliang
6/F, TOWER A, COFCO PLAZA
8 JIANGUOMENNEI AVENUE
BEIJING, F4100005
X
Yang Fei
34/F SOUTH TOWER, POLY INTERNATIONAL PLZ
1 EAST PAZHOUDADAO
GUANGZHOU, F4510308
X
Zhang Suyang
RM 1105, AETNA TOWER, 107 ZUNYI RD
SHANGHAI, F4200051
X
Shong Hugo
6/F, TOWER A, COFCO PLAZA
8 JIANGUOMENNEI AVENUE
BEIJING, F4100005
X
Signatures
/s/ Dongliang Lin, Director, on behalf of Sparkle Byte Limited 06/29/2016
Signature of Reporting Person Date
/s/ Dongliang Lin, Director, on behalf of Snow Moon Limited 06/29/2016
Signature of Reporting Person Date
/s/ Qiuyue Zhong, Representative, on behalf of Tianjin Jingran Management Center (Limited Partnership) 06/29/2016
Signature of Reporting Person Date
/s/ Hugo Shong, Director, on behalf of He Xie Ai Qi Investment Management (Beijing) Co., Ltd. 06/29/2016
Signature of Reporting Person Date
/s/ Jianguang Li 06/29/2016
Signature of Reporting Person Date
/s/ Dongliang Lin 06/29/2016
Signature of Reporting Person Date
/s/ Fei Yang 06/29/2016
Signature of Reporting Person Date
/s/ Suyang Zhang 06/29/2016
Signature of Reporting Person Date
/s/ Hugo Shong 06/29/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These securities are directly owned by Sparkle Byte Limited ("Sparkle Byte") and may be deemed to be indirectly beneficially owned by the other reporting persons. Snow Moon Limited ("Snow Moon") holds 100% of the equity interest of Sparkle Byte. Tianjin Jingran Management Center (Limited Partnership) ("Tianjin Jingran") holds 100% of the equity interest of Snow Moon. He Xie Ai Qi Investment Management (Beijing) Co., Ltd. ("He Xie Ai Qi") is the general partner of Tianjin Jingran. Jianguang Li, Dongliang Lin, Fei Yang and Suyang Zhang each holds 25% of the equity interest of He Xie Ai Qi. Jianguang Li, Dongliang Lin and Hugo Shong are the directors of He Xie Ai Qi. The filing of this statement by the reporting persons shall not be deemed an admission that such persons are, for purposes of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
( 2 )The shares of common stock and the warrants were issued in units consisting of one share of common stock and a warrant to purchase 0.2 shares of common stock. The purchase price for one share was $1.190 and the purchase price for a warrant to purchase 0.2 shares of common stock is $0.025.The filing of this statement by the reporting persons shall not be deemed an admission that such persons are, for purposes of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.

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