# EDGAR Filing Document

**Accession Number:** 0001861063
**File Stem:** 0001213900-23-011177
**Filing Date:** 2023-2
**Character Count:** 11181
**Document Hash:** 9e4d25e7a4c9b3dd1e9d093906b6f5c8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-011177.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001213900-23-011177

**CONFORMED SUBMISSION TYPE**: SC 13G

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**GROUP MEMBERS**: YATING WANG

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aquaron Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001861063
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93784
- **FILM NUMBER:** 23623939

**BUSINESS ADDRESS:**
- **STREET 1:** 515 MADISON AVENUE
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** (86)13122310095

**MAIL ADDRESS:**
- **STREET 1:** 515 MADISON AVENUE
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aquaron Investments LLC
- **CENTRAL INDEX KEY:** 0001928540
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** SC 13G

**BUSINESS ADDRESS:**
- **STREET 1:** 515 MADISON AVENUE
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 646-970-2181

**MAIL ADDRESS:**
- **STREET 1:** 515 MADISON AVENUE
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549**

**SCHEDULE 13G** 

**(Amendment No.)\*** 

**(Rule 13d-102)** 

**INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT** 

**TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED** 

**PURSUANT TO §240.13d-2**

**Aquaron Acquisition Corp.** 

**(Name of Issuer)** 

**Common Stock, par value $0.0001 per share** 

**(Title of Class of Securities)** 

**03842W105** 

**(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).

---

| | |
|:---|:---|
| &nbsp;&nbsp;1 | &nbsp;&nbsp;NAME OF REPORTING PERSON |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;**Aquaron Investments LLC** |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;(a) ☐ |
| &nbsp;&nbsp;2 | (b) ☐ |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;SEC USE ONLY |
| &nbsp;&nbsp;3 |  |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;CITIZENSHIP OR PLACE OF ORGANIZATION |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;**State of Delaware** |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;5 | &nbsp;&nbsp;SOLE VOTING POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;5 | &nbsp;&nbsp;**1578060** |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;6 | &nbsp;&nbsp;SHARED VOTING POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;6 | &nbsp;&nbsp;**-0-** |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp;SOLE DISPOSITIVE POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp;**1578060** |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp;SHARED DISPOSITIVE POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp;**-0-** |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;9 | &nbsp;&nbsp;AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;**1578060** |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;☐ |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;**22.41%** |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;TYPE OF REPORTING PERSON\* |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;**FI** |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;1 | &nbsp;&nbsp;NAME OF REPORTING PERSON |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;**Yating Wang** |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;(a) ☐ |
| &nbsp;&nbsp;2 | (b) ☐ |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;SEC USE ONLY |
| &nbsp;&nbsp;3 |  |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;CITIZENSHIP OR PLACE OF ORGANIZATION |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;**China** |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;5 | &nbsp;&nbsp;SOLE VOTING POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;5 | &nbsp;&nbsp;**1578060** |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;6 | &nbsp;&nbsp;SHARED VOTING POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;6 | &nbsp;&nbsp;**-0-** |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp;SOLE DISPOSITIVE POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp;**1578060** |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp;SHARED DISPOSITIVE POWER |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp;**-0-** |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;9 | &nbsp;&nbsp;AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;**1578060** |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;☐ |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;**22.41%** |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;TYPE OF REPORTING PERSON\* |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;**IN** |

---

**Item 1.** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Name of Issuer: **Aquaron Acquisition Corp. (the "Company")** 

(b) Address of Issuer's Principal
 Executive Offices: **Aquaron Acquisition Corp., 515 Madison Ave. 8th Floor, NY, New York 10022** 

**Item 2.** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Name of Person Filing: **Aquaron Investments LLC and Yating Wang. Yating Wang is the sole member of Aquaron Investments LLC** 

(b) Address of Principal
 Business Office or if none, Residence:

The address for this entity and individual is:

**Aquaron Investments LLC**

**515 Madison Ave. 8th Floor**

**New York NY 10022**

**Yating Wang**

**c/o Aquaron Investments LLC**

**515 Madison Ave. 8th Floor**

**New York NY 10022** 

&nbsp;&nbsp;&nbsp;&nbsp;(c) Citizenship: **Aquaron Investments LLC – State of Delaware** **Yating Wang – China** 

(d) Title of Class of Securities: **Common Stock, par value $0.0001 per share** 

(e) CUSIP
 Number: **03842W105** 

---

| | |
|:---|:---|
| **Item 3.** | **Not Applicable** |
| **Item 4.** | Ownership. |

---

(a) Amount Beneficially Owned: **1,578,060**

(b) Percent of Class:

**Aquaron Investments LLC and Yating Wang beneficially own 1,578,060 shares of common stock. This accounts for 22.41% of the 7,040,240 shares of common stock outstanding as of November 17, 2022, as disclosed in the Company's Form 10-Q filed with the SEC on November 17, 2022. Such amount does not include rights convertible into 53,753 shares of common stock at the closing of the Company's initial business combination.**

---

| | | |
|:---|:---|:---|
| (c) | Number of shares as to which such person has: | Number of shares as to which such person has: |
|  | (i) | sole power to vote or to direct the vote: |

---

**Aquaron Investments LLC – 1,578,060 shares**

**Yating Wang - 1,578,060 shares \***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) shared
 power to vote or to direct the vote:

**Aquaron Investments LLC – 0 shares**

**Yating Wang - 0 shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) sole power
 to dispose or to direct the disposition of:

**Aquaron Investments LLC – 1,578,060 shares**

**Yating Wang - 1,578,060 shares** \*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) shared
 power to dispose or to direct the disposition of:

**Aquaron Investments LLC – 0 shares**

**Yating Wang - 0 shares**

**\*** **Yating Wang is the sole member of the Reporting Person. As such, Ms. Wang may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) 1,578,060 shares of common stock owned by Aquaron Investments LLC as of December 31, 2022. Ms. Wang disclaims any pecuniary interest in the shares of common stock owned by Aquaron Investments LLC except to the extent of his ownership interest in Aquaron Investments LLC.**

---

| | |
|:---|:---|
| **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 [ ]. **Not Applicable** |
| **Item 6.** | Ownership of More than Five Percent on Behalf of Another Person: **Not Applicable** |
| **Item 7.** | Identification and Classification of Subsidiary Which Acquired the Securities: **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.** | Certifications: **Not Applicable** |

---

**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.

February 14, 2023

---

| | | |
|:---|:---|:---|
| **AQUARON INVESTMENTS LLC** | **AQUARON INVESTMENTS LLC** | **AQUARON INVESTMENTS LLC** |
| By: | /s/ Yating Wang | /s/ Yating Wang |
|  | Name: | Yating Wang |
|  | Title: | Director |
|  | /s/ Yating Wang | /s/ Yating Wang |
|  | Yating Wang | Yating Wang |

---