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UiPath | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Sumitomo Mitsui Trust Holdings, Inc. (“SMTH”)(4.64%),Nikko Asset Management Co., Ltd. (“NAM”)(4.46%)

SEC announcement ·  Feb 5 19:12
Summary by Futu AI
Sumitomo Mitsui Trust Holdings, Inc. (SMTH) and Nikko Asset Management Co., Ltd. (NAM), both Japanese institutions, have filed an amended Schedule 13G with the United States Securities and Exchange Commission on February 5, 2024, indicating a change in their holdings of UiPath, Inc. Class A Common Stock. The amendment, dated December 31, 2023, shows that SMTH now holds 22,454,431 shares, representing 4.64% of the class, while NAM holds 21,570,253 shares, representing 4.46% of the class. Both entities have shared voting and dispositive power over the shares, with no sole voting power reported. The filings assert that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of UiPath, Inc.
Sumitomo Mitsui Trust Holdings, Inc. (SMTH) and Nikko Asset Management Co., Ltd. (NAM), both Japanese institutions, have filed an amended Schedule 13G with the United States Securities and Exchange Commission on February 5, 2024, indicating a change in their holdings of UiPath, Inc. Class A Common Stock. The amendment, dated December 31, 2023, shows that SMTH now holds 22,454,431 shares, representing 4.64% of the class, while NAM holds 21,570,253 shares, representing 4.46% of the class. Both entities have shared voting and dispositive power over the shares, with no sole voting power reported. The filings assert that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of UiPath, Inc.
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