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Intel | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Intel Corporation(88.3%)

SEC announcement ·  Feb 10 03:25
Summary by Futu AI
Intel Corporation has filed an amendment to its Schedule 13G, revealing a significant ownership stake in Mobileye Global Inc. According to the filing with the U.S. Securities and Exchange Commission dated December 31, 2023, Intel disclosed a shared voting and dispositive power over 711,500,000 shares of Mobileye's Class A common stock, which represents an 88.3% ownership interest. This stake is held through Intel Overseas Funding Corporation, a subsidiary of which Intel is the sole stockholder. The shares in question are Class B common stock, convertible into Class A shares at the holder's discretion or upon certain transfers. The filing, signed by Intel's Associate General Counsel David Miscia on February 9, 2024, confirms the accuracy of the information provided.
Intel Corporation has filed an amendment to its Schedule 13G, revealing a significant ownership stake in Mobileye Global Inc. According to the filing with the U.S. Securities and Exchange Commission dated December 31, 2023, Intel disclosed a shared voting and dispositive power over 711,500,000 shares of Mobileye's Class A common stock, which represents an 88.3% ownership interest. This stake is held through Intel Overseas Funding Corporation, a subsidiary of which Intel is the sole stockholder. The shares in question are Class B common stock, convertible into Class A shares at the holder's discretion or upon certain transfers. The filing, signed by Intel's Associate General Counsel David Miscia on February 9, 2024, confirms the accuracy of the information provided.

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