share_log

Palantir | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Palantir Technologies Inc(15.2%)

SEC ·  Oct 31 08:37

Summary by Futu AI

Palantir Technologies Inc. has filed an amendment to its Schedule 13G with the United States Securities and Exchange Commission (SEC), indicating a change in its ownership stake in MSP Recovery, Inc. As of October 28, 2024, Palantir reported beneficial ownership of 4,718,319 shares of MSP Recovery's Class A Common Stock, which represents 15.2% of the class. This stake includes 2,761,904 shares received on October 28, 2024, as payment for certain outstanding receivables. Prior to this transaction, on September 30, 2024, Palantir held 1,956,415 shares, amounting to 6.3% of the class based on the number of shares outstanding as of September 25, 2024. The filing, dated October 30, 2024, asserts that the shares were not acquired for the purpose of changing or influencing the control of MSP Recovery, Inc. and were not held in connection with any transaction having that purpose or effect.
Palantir Technologies Inc. has filed an amendment to its Schedule 13G with the United States Securities and Exchange Commission (SEC), indicating a change in its ownership stake in MSP Recovery, Inc. As of October 28, 2024, Palantir reported beneficial ownership of 4,718,319 shares of MSP Recovery's Class A Common Stock, which represents 15.2% of the class. This stake includes 2,761,904 shares received on October 28, 2024, as payment for certain outstanding receivables. Prior to this transaction, on September 30, 2024, Palantir held 1,956,415 shares, amounting to 6.3% of the class based on the number of shares outstanding as of September 25, 2024. The filing, dated October 30, 2024, asserts that the shares were not acquired for the purpose of changing or influencing the control of MSP Recovery, Inc. and were not held in connection with any transaction having that purpose or effect.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.