Tether Holdings Files SC 13D/A Amendment for Adecoagro S.A.

TL;DR

Tether Holdings just updated its stake in Adecoagro S.A. - check the filing!

AI Summary

Tether Holdings Limited, through its group member Giancarlo Devasini, has filed an amendment (No. 5) to its Schedule 13D concerning Adecoagro S.A. The filing, dated November 5, 2024, indicates a change in beneficial ownership. Tether Holdings Limited is the filer, with Adecoagro S.A. as the subject company.

Why It Matters

This filing signals a potential shift in control or significant stake changes for Adecoagro S.A., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility.

Key Players & Entities

• Tether Holdings Limited (company) — Filer of the Schedule 13D/A
• Adecoagro S.A. (company) — Subject company of the Schedule 13D/A
• Giancarlo Devasini (person) — Group member of Tether Holdings Limited
• Daniel Woodard (person) — Contact person at McDermott Will & Emery LLP

FAQ

Key Financial Figures

• $1.50 — me of Issuer) Common Shares, par value $1.50 per share (Title of Class of Securiti
• $41 million — payment of a civil monetary penalty of $41 million without admitting or denying any of the
• $18.5 million — to settle the NYAG proceeding by paying $18.5 million in penalties to the State of New York.

Filing Documents

• tm2427520d1_sc13da.htm (SC 13D/A) — 137KB
• 0001104659-24-114445.txt ( ) — 138KB

Identity and Background

Item 2. Identity and Background See the Schedule 13D, as amended, for historical information. Item 2 of Schedule 13D is amended and supplemented as follows: Certain information regarding Tether Holdings Limited, Tether Investments Limited and their respective executive officers and directors is set forth on Schedule A attached hereto.

Source and Amount of Funds or Other

Item 3. Source and Amount of Funds or Other Consideration See the Schedule 13D, as amended, for historical information. Item 3 is amended and supplemented as follows: Tether Investments Limited used cash from its own working capital to make the purchases of Common Shares listed on Schedule B hereto.

Interest in Securities of Issuer

Item 5. Interest in Securities of Issuer

of the Schedule 13D is amended and restated

Item 5 of the Schedule 13D is amended and restated in its entirety to read as follows: (a) The Reporting Persons beneficially own an aggregate of 18,201,312 shares of the Issuer’s Common Shares, representing 17.8% of the outstanding Common Shares. (b) Each of the Reporting Persons has voting and dispositive power with respect to the beneficially owned 18,201,312 shares. This percentage is calculated based upon 102,461,382 Common Shares outstanding as of June 30, 2024 as set forth in the Issuer's Form 6-K filed with the Securities and Exchange Commission on August 12, 2024. (c) Schedule B sets forth the transactions in the Common Shares effected by the Reporting Persons during the past 60 days. (d) None. (e) Not applicable.

Material to be Filed as Exhibits

Item 7. Material to be Filed as Exhibits 1.Agreement of filing persons relating to filing of joint statement per Rule 13d-1(k). 5

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement on Schedule 13D is true, complete and correct. November 5, 2024 TETHER HOLDINGS LIMITED By: /s/ Ludovicus Jan Van der Velde Name: Ludovicus Jan Van der Velde Title: Director Tether Investments Limited By: /s/ Ludovicus Jan Van der Velde Name: Ludovicus Jan Van der Velde Title: Director /s/ Giancarlo Devasini Giancarlo Devasini, individually 6 Schedule A Executive Officers and Directors The following sets forth the name, country of citizenship, position and principal occupation of each executive officer and member of the board of directors of Tether Holdings Limited and Tether Investments Limited. Except as indicated below, none of the persons listed below has been convicted of a crime (other than traffic violations or similar misdemeanors) or been subject to proceedings pertaining to violations of securities laws within the past 5 years. Executive Officers and Directors of Tether Holdings Limited : Name and Citizenship Position and Principal Occupation Beneficial Ownership Chief Executive Officer and Director 0 SHRM Trustees (BVI) Limited, P.O. Box 4301, Trinity Chambers, Road Town, Tortola, British Virgin Islands, VG 1110 Giancarlo Devasini, citizen of Italy Chief Financial Officer and Director 18,201,312 (1) SHRM Trustees (BVI) Limited, P.O. Box 4301, Trinity Chambers, Road Town, Tortola, British Virgin Islands, VG 1110 Ludovicus Jan Van der Velde, citizen of the Netherlands Director 0 SHRM Trustees (BVI) Limited, P.O. Box 4301, Trinity Chambers, Road Town, Tortola, British Virgin Islands, VG 1110 7 Executive Officers and Directors of Tether Investments Limited : Name and Citizenship Position and Principal Occupation Beneficial Ownership

View Full Filing

View this SC 13D/A filing on SEC EDGAR