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Sea | SC 13G: Statement of acquisition of beneficial ownership by individuals-Baillie Gifford & Co (Scottish partnership)(6.56%)

SEC announcement ·  Jan 26 19:58
Summary by Futu AI
On December 29, 2023, Baillie Gifford & Co, a Scottish partnership, filed a Schedule 13G with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Sea Limited. The filing was made under Rule 13d-1(b) of the Securities Exchange Act of 1934. Baillie Gifford & Co reported sole voting power over 22,321,284 shares and sole dispositive power over 34,183,394 shares of Sea Limited's Class A Ordinary Shares. These shares are equivalent to 34,183,394 American Depositary Shares (ADS), with each ADS representing one ordinary share. The total ownership represents 6.56% of the class, classifying Baillie Gifford & Co as a major investor in the company. The address of Sea Limited's principal executive offices is listed as 1 Fusionopolis Place, #17-10, Galaxis, Singapore. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Sea Limited.
On December 29, 2023, Baillie Gifford & Co, a Scottish partnership, filed a Schedule 13G with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Sea Limited. The filing was made under Rule 13d-1(b) of the Securities Exchange Act of 1934. Baillie Gifford & Co reported sole voting power over 22,321,284 shares and sole dispositive power over 34,183,394 shares of Sea Limited's Class A Ordinary Shares. These shares are equivalent to 34,183,394 American Depositary Shares (ADS), with each ADS representing one ordinary share. The total ownership represents 6.56% of the class, classifying Baillie Gifford & Co as a major investor in the company. The address of Sea Limited's principal executive offices is listed as 1 Fusionopolis Place, #17-10, Galaxis, Singapore. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Sea Limited.
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