Summary by Futu AI
Palantir Technologies Inc. has filed an amendment to its Schedule 13G, indicating a significant change in its ownership of Rubicon Technologies, Inc. Class A common stock. As of September 6, 2024, Palantir reported holding 9,003,517 shares, which represents a decrease of more than 5% from its previous filing. This change has reduced Palantir's ownership stake to 13.1% of Rubicon's Class A common stock, based on the 68,914,542 shares outstanding as of August 20, 2024. The filing, dated September 13, 2024, confirms that Palantir's acquisition of these shares is not intended to change or influence the control of Rubicon Technologies, Inc.