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Coupang | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Baillie Gifford & Co (Scottish partnership)(10.30%)

SEC announcement ·  Mar 7 00:33
Summary by Futu AI
On February 29, 2024, Baillie Gifford & Co, a Scottish partnership, filed an amended Schedule 13G/A with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Coupang, Inc., a company listed on the U.S. stock exchange under the ticker CPNG.US. According to the filing, Baillie Gifford & Co holds 166,669,365 shares of Coupang's Class A Common Stock, which represents 10.30% of the class. The filing, made under Rule 13d-1(b), specifies that Baillie Gifford & Co has sole voting power over 116,855,894 shares and sole dispositive power over the entire 166,669,365 shares. The document clarifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Coupang. The filing was certified by Grant Meikle, Compliance Manager of Baillie Gifford & Co, as true and complete to the best of his knowledge on March 6, 2024.
On February 29, 2024, Baillie Gifford & Co, a Scottish partnership, filed an amended Schedule 13G/A with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Coupang, Inc., a company listed on the U.S. stock exchange under the ticker CPNG.US. According to the filing, Baillie Gifford & Co holds 166,669,365 shares of Coupang's Class A Common Stock, which represents 10.30% of the class. The filing, made under Rule 13d-1(b), specifies that Baillie Gifford & Co has sole voting power over 116,855,894 shares and sole dispositive power over the entire 166,669,365 shares. The document clarifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Coupang. The filing was certified by Grant Meikle, Compliance Manager of Baillie Gifford & Co, as true and complete to the best of his knowledge on March 6, 2024.
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