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Shopify | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Shopify Inc.(13.3%),Shopify International Limited(13.3%)

SEC announcement ·  Feb 14 05:38
Summary by Futu AI
Shopify Inc. and its wholly owned subsidiary, Shopify International Limited, have jointly filed an amendment to Schedule 13G, indicating a significant ownership stake in Global-E Online Ltd. As of December 31, 2023, the filing reports that Shopify International Limited beneficially owns 21,858,282 Ordinary Shares of Global-E Online Ltd., which represents 13.3% of the company's issued and outstanding equity. The shares include direct ownership and warrants exercisable within 60 days. Shopify Inc., headquartered in Canada, and Shopify International Limited, based in Ireland, have agreed not to exercise voting power in excess of 9.7% of Global-E Online's equity. The filing, dated February 13, 2024, asserts that the shares were not acquired for the purpose of changing or influencing the control of Global-E Online Ltd.
Shopify Inc. and its wholly owned subsidiary, Shopify International Limited, have jointly filed an amendment to Schedule 13G, indicating a significant ownership stake in Global-E Online Ltd. As of December 31, 2023, the filing reports that Shopify International Limited beneficially owns 21,858,282 Ordinary Shares of Global-E Online Ltd., which represents 13.3% of the company's issued and outstanding equity. The shares include direct ownership and warrants exercisable within 60 days. Shopify Inc., headquartered in Canada, and Shopify International Limited, based in Ireland, have agreed not to exercise voting power in excess of 9.7% of Global-E Online's equity. The filing, dated February 13, 2024, asserts that the shares were not acquired for the purpose of changing or influencing the control of Global-E Online Ltd.
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