MGRT SCHEDULE 13D/A: Activist campaign
Power Partner Capital Limited, controlled by Wang Zixi
Filed with the SEC on · accession 0001213900-26-119276
MGRT filed a SCHEDULE 13D/A (schedule 13d/a) with the SEC on Nov 13, 2026. Power Partner Capital Limited, controlled by Wang Zixi, filed an amended Schedule 13D disclosing beneficial ownership of approximately 77.27% of Mega Fortune Company Limited following a series of transactions to acquire Mericorn Company Limited, which holds a majority stake in the issuer. The stock moved +0.8% by the first close after the filing.
Summary of the filing
Power Partner Capital Limited, controlled by Wang Zixi, filed an amended Schedule 13D disclosing beneficial ownership of approximately 77.27% of Mega Fortune Company Limited following a series of transactions to acquire Mericorn Company Limited, which holds a majority stake in the issuer. The filing also notes the resignations of several independent directors and the CFO/COO of the issuer.
Key details
How MGRT stock reacted
Close before
$117.06
Nov 12, 2026
First close after
+0.80%
$118.00
5 trading days
—
Since filing
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Click hereFrequently asked questions
What did MGRT file with the SEC on Nov 13, 2026?
MGRT filed a SCHEDULE 13D/A (Activist campaign). Power Partner Capital Limited, controlled by Wang Zixi, filed an amended Schedule 13D disclosing beneficial ownership of approximately 77.27% of Mega Fortune Company Limited following a series of transactions to acquire Mericorn Company Limited, which holds a majority stake in the issuer. The filing also notes the resignations of several independent directors and the CFO/COO of the issuer.
What does a activist campaign mean for MGRT stock?
A settlement removes uncertainty; the stock often reacts to whether the amount is bigger or smaller than investors expected.
How do I read a SCHEDULE 13D/A?
A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D/A (schedule 13d/a): A report the company filed with the SEC (the US market regulator).
How did MGRT stock react to this filing?
MGRT closed at $117.06 before the filing and $118.00 on Nov 13, 2026 (+0.80%).
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