Summary by Futu AI
Palantir Technologies Inc. has filed an amended Schedule 13G with the United States Securities and Exchange Commission (SEC), indicating changes in the ownership stakes held by various entities and individuals. The amendment, dated September 30, 2024, reports the beneficial ownership of Class A common stock by STS Holdings II LLC, Rivendell 7 LLC, Rivendell 25 LLC, PLTR Holdings LLC, and Peter Thiel. STS Holdings II LLC owns 41,899,108 shares, representing 1.9% of the class; Rivendell 7 LLC owns 34,260,451 shares (1.6%); Rivendell 25 LLC owns 3,016,448 shares (0.1%); and PLTR Holdings LLC owns 20,823,993 shares (1.0%). Peter Thiel, who is the sole beneficial owner of the aforementioned entities, holds a total of 100,335,000 shares, accounting for 4.5% of the class. The ownership percentages are based on 2,180,654,456 shares of Class A common stock outstanding as of October 28, 2024, as reported in Palantir's Quarterly Report on Form 10-Q filed with the SEC on November 5, 2024. The filing also includes a certification by Peter Thiel, confirming the accuracy of the reported information.
