Susquehanna Securities, LLC Reports 9.4% Stake in Agora, Inc. (API)

Susquehanna Securities, LLC has filed a Schedule 13G/A with the SEC, reporting a significant stake in Agora, Inc. (API). As of the event date on March 31, 2026, the reporting person beneficially owns 24,717,032 Class A ordinary shares, which represents 9.4% of the company's outstanding shares. This holding is comprised of 6,179,258 American Depositary Shares (ADSs), with each ADS representing four Class A ordinary shares. The filing indicates a notable increase from a previously reported 0% ownership, marking a substantial new position for the investment firm. Susquehanna Securities, LLC, a Delaware-based limited liability company and registered broker-dealer, certified that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The calculation of the ownership percentage is based on 262,019,205 shares outstanding as of March 31, 2026, as disclosed in the issuer's Annual Report.