Michael Liu and MJL Manager LLC Report 5.5% Stake in Xenetic Biosciences, Inc. (XBIO)

On May 29, 2026, Michael Liu and MJL Manager LLC filed a Schedule 13G regarding their holdings in Xenetic Biosciences, Inc. (XBIO). The filing reveals that Michael Liu beneficially owns a total of 126,741 shares of common stock, representing a 5.5% ownership stake in the company. Of these shares, 93,565 are held through MJL Manager LLC, where Liu serves as the sole control person and managing member. MJL Manager LLC independently reports a 4.1% stake based on those 93,565 shares. The filing indicates that these shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This initial 13G filing marks a significant position for the reporting group, crossing the 5% threshold for Michael Liu. The reporting persons have shared voting and dispositive power over the 93,565 shares held by the LLC, while Michael Liu maintains sole power over an additional 33,176 shares.