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Palantir | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Palantir Technologies Inc(18.2%)

SEC announcement ·  Jun 5 05:28
Summary by Futu AI
Palantir Technologies Inc., a software company incorporated in Delaware, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on June 4, 2024, indicating a significant stake in Rubicon Technologies, Inc. According to the filing, Palantir now holds 12,290,334 shares of Rubicon's Class A common stock, which represents 18.2% of the class, based on the 67,686,376 shares outstanding as of May 31, 2024. The filing reveals that Palantir received 8,423,303 of these shares as payment for certain outstanding receivables on May 31, 2024. The document asserts that the shares were not acquired for the purpose of changing or influencing the control of Rubicon Technologies, Inc. and were not held in connection with any transaction having that purpose or effect.
Palantir Technologies Inc., a software company incorporated in Delaware, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on June 4, 2024, indicating a significant stake in Rubicon Technologies, Inc. According to the filing, Palantir now holds 12,290,334 shares of Rubicon's Class A common stock, which represents 18.2% of the class, based on the 67,686,376 shares outstanding as of May 31, 2024. The filing reveals that Palantir received 8,423,303 of these shares as payment for certain outstanding receivables on May 31, 2024. The document asserts that the shares were not acquired for the purpose of changing or influencing the control of Rubicon Technologies, Inc. and were not held in connection with any transaction having that purpose or effect.
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