Zoom Video Communications (ZM) SC 13G/A Zoom Video Communications / Li Ka Shing ownership change

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

Zoom Video Communications, Inc.

(Name of Issuer)

CLASS A COMMON STOCK, $0.001 PAR VALUE PER SHARE

(Title of Class of Securities)

98980L101

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1.	NAMES OF REPORTING PERSONS   Li Ka Shing
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   Hong Kong

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   10,641,376(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   10,641,376(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   10,641,376(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   4.33%(2)
12.	TYPE OF REPORTING PERSON   IN

(1) Represents (i) 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini Enterprises Limited (“Bucantini”), (ii) 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal International Limited (“Bonus Goal”) and (iii) 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow Limited (“Star Arrow”) as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the Securities and Exchange Commission (the “SEC”) on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Mayspin Management Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   10,641,376(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   10,641,376(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   10,641,376(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   4.33%(2)
12.	TYPE OF REPORTING PERSON   CO

(1) Represents (i) 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini, (ii) 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal and (iii) 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Prime Doyen Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   10,291,376(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   10,291,376(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   10,291,376(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   4.19%(2)
12.	TYPE OF REPORTING PERSON   CO

(1) Represents (i) 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini and (ii) 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Bucantini Enterprises Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   5,605,937(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   5,605,937(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   5,605,937(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   2.28%(2)
12.	TYPE OF REPORTING PERSON   CO

(1) Represents 5,605,937 shares of Class A common stock of the Issuer owned directly by Bucantini as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Star Arrow Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   4,685,439(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   4,685,439(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   4,685,439(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   1.91%(2)
12.	TYPE OF REPORTING PERSON   CO

(1) Represents 4,685,439 shares of Class A common stock of the Issuer owned directly by Star Arrow as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Prime Tech Global Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   350,000(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   350,000(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   350,000(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0.14%(2)
12.	TYPE OF REPORTING PERSON   CO

(1) Represents 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Bonus Goal International Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   350,000(1)
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   350,000(1)

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   350,000(1)
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0.14%(2)
12.	TYPE OF REPORTING PERSON   CO

(1) Represents 350,000 shares of Class A common stock of the Issuer owned directly by Bonus Goal as of February 7, 2023.

(2) The percent of class was calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

1.	NAMES OF REPORTING PERSONS   Insight Advance Limited
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)  ☐        (b)  ☒
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION   British Virgin Islands

NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER   -0-
	6.	SHARED VOTING POWER   -0-
	7.	SOLE DISPOSITIVE POWER   -0-
	8.	SHARED DISPOSITIVE POWER   -0-

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   -0-
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0.00%
12.	TYPE OF REPORTING PERSON   CO

Item 1.		Issuer
	(a)	Name of Issuer:
		Zoom Video Communications, Inc. (the “Issuer”)
	(b)	Address of Issuer’s Principal Executive Offices:
		55 Almaden Boulevard, 6th Floor San Jose, California 95113
Item 2.		Filing Person
	(a) – (c)	Name of Persons Filing; Address; Citizenship:
		(i)  Li Ka Shing (“Mr. Li”), a Hong Kong citizen;
		(ii)  Mayspin Management Limited (“Mayspin”), a British Virgin Islands company;
		(iii)   Prime Doyen Limited (“Prime Doyen”), a British Virgin Islands company;
		(iv) Bucantini Enterprises Limited, a British Virgin Islands company;
		(v)   Star Arrow Limited, a British Virgin Islands company;
		(vi) Prime Tech Global Limited (“Prime Tech”), a British Virgin Islands company;
		(vii)  Bonus Goal International Limited, a British Virgin Islands company; and
		(viii)  Insight Advance Limited (“Insight Advance”), a British Virgin Islands company.
		The address of the principal business office of each of the reporting persons are Cheung Kong Center, 7th Floor, 2 Queen’s Road Central, Hong Kong.
	(d)	Title of Class of Securities:
		Class A common stock, $0.001 par value per share
	(e)	CUSIP Number:
		98980L101
Item 3.	If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
	(a)	☐   Broker or dealer registered under Section 15 of the Act;
	(b)	☐   Bank as defined in Section 3(a)(6) of the Act;
	(c)	☐   Insurance company as defined in Section 3(a)(19) of the Act;
	(d)	☐   Investment company registered under Section 8 of the Investment Company Act of 1940;
	(e)	☐   An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
	(f)	☐   An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
	(g)	☐   A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
	(h)	☐   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	☐   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
	(j)	☐   A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
	(k)	☐   Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
		If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4.	Ownership.
	(a) and (b)	Amount beneficially owned:
		(i)  Bucantini directly owns 5,605,937 shares of Class A common stock, which represents approximately 2.28% of the outstanding shares of Class A common stock of the Issuer.
		(ii)  Star Arrow directly owns 4,685,439 shares of Class A common stock, which represents approximately 1.91% of the outstanding shares of Class A common stock of the Issuer.
		(iii)   Prime Doyen is the sole shareholder of Bucantini, and as such, Prime Doyen may also be deemed to beneficially own 5,605,937 shares of Class A common stock, which represents approximately 2.28% of the outstanding shares of Class A common stock of the Issuer.
		Prime Doyen is also the sole shareholder of Star Arrow, and as such, Prime Doyen may also be deemed to beneficially own 4,685,439 shares of Class A common stock, which represents approximately 1.91% of the outstanding shares of Class A common stock of the Issuer.
		Collectively, Prime Doyen may be deemed to beneficially own 10,291,376 shares of Class A common stock, which represents 4.19% of the outstanding shares of Class A common stock of the Issuer.
		(iv) Bonus Goal directly owns 350,000 shares of Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer.
		(v)   Insight Advance directly owns nil share of Class A common stock.
		(vi) Prime Tech is the sole shareholder of Bonus Goal and Insight Advance, and as such, Prime Tech may also be deemed to beneficially own 350,000 shares of Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer.
		(vii)  Mayspin is the sole shareholder of Prime Doyen, which is the sole shareholder of Bucantini and Star Arrow, and as such, Mayspin may also be deemed to beneficially own 10,291,376 shares of Class A common stock, which represents approximately 4.19% of the outstanding shares of Class A common stock of the Issuer.
		Mayspin is also the sole shareholder of Prime Tech, which is the sole shareholder of Bonus Goal and Insight Advance, and as such, Mayspin may also be deemed to beneficially own 350,000 shares of the Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer.
		Collectively, Mayspin may be deemed to beneficially own 10,641,376 shares of Class A common stock, which represents 4.33% of the outstanding shares of Class A common stock of the Issuer.
		(viii)  Mr. Li is the sole shareholder of Mayspin, which is the sole shareholder of Prime Doyen, which is the sole shareholder of Bucantini and Star Arrow, and as such, Mr. Li may also be deemed to beneficially own 10,291,376 shares of Class A common stock, which represents approximately 4.19% of the outstanding shares of Class A common stock.
		Since Mayspin is also the sole shareholder of Prime Tech, which is the sole shareholder of Bonus Goal and Insight Advance, Mr. Li, as the sole shareholder of Mayspin, may also be deemed to beneficially own 350,000 shares of the Class A common stock, which represents approximately 0.14% of the outstanding shares of Class A common stock of the Issuer.
		Collectively, Mr. Li may be deemed to beneficially own 10,641,376 shares of Class A common stock, which represents 4.33% of the outstanding shares of Class A common stock of the Issuer.

The percentages of share ownership calculated based on 245,652,118 shares of Class A common stock (as reported in the Issuer’s Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on November 23, 2022).

(c) Number of shares as to which such person has:

	Number of Shares of Class A Common Stock
Reporting Person	(i)		(ii)		(iii)		(iv)
Li Ka Shing		-0-		10,641,376		-0-		10,641,376
Mayspin Management Limited		-0-		10,641,376		-0-		10,641,376
Prime Doyen Limited		-0-		10,291,376		-0-		10,291,376
Bucantini Enterprises Limited		-0-		5,605,937		-0-		5,605,937
Star Arrow Limited		-0-		4,685,439		-0-		4,685,439
Prime Tech Global Limited		-0-		350,000		-0-		350,000
Bonus Goal International Limited		-0-		350,000		-0-		350,000
Insight Advance Limited		-0-		-0-		-0-		-0-

(i) Sole power to vote or direct the vote

(ii) Shared power to vote or to direct the vote

(iii) Sole power to dispose or to direct the disposition of

(iv) Shared power to dispose or to direct the disposition of

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ☒

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2023

LI KA SHING
By:	/s/ Li Ka Shing
	Name: Li Ka Shing
MAYSPIN MANAGEMENT LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director
PRIME DOYEN LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director
BUCANTINI ENTERPRISES LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director
STAR ARROW LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director
PRIME TECH GLOBAL LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director
BONUS GOAL INTERNATIONAL LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director
INSIGHT ADVANCE LIMITED
By:	/s/ Pau Yee Wan Ezra
	Name: Pau Yee Wan Ezra
	Title: Director