Abdiel Capital Amends Appian Stake Filing
Ticker: APPN · Form: SC 13D/A · Filed: Jul 24, 2024 · CIK: 1441683
| Field | Detail |
|---|---|
| Company | Appian Corp (APPN) |
| Form Type | SC 13D/A |
| Filed Date | Jul 24, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, shareholder-activity, amendment
Related Tickers: APPN
TL;DR
Abdiel Capital updated their 13D on Appian, filing Amendment 41.
AI Summary
Abdiel Capital, through its affiliated entities, has filed an amendment (Amendment No. 41) to its Schedule 13D concerning Appian Corporation. The filing, dated July 24, 2024, indicates a change in beneficial ownership of Appian's Class A Common Stock. Abdiel Capital Management, LLC and Abdiel Qualified Master Fund LP are listed as group members.
Why It Matters
This filing signifies a potential shift in significant ownership or strategy by a major shareholder in Appian Corporation, which could influence the company's stock performance and corporate actions.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to volatility or strategic changes for the company.
Key Numbers
- Amendment No. 41 — Filing Amendment (Indicates a significant history of filings and potential ongoing changes in beneficial ownership.)
Key Players & Entities
- Abdiel Capital (company) — Filing entity
- Appian Corporation (company) — Subject company
- Colin T. Moran (person) — Authorized contact person
- Abdiel Capital Management, LLC (company) — Group member
- Abdiel Qualified Master Fund LP (company) — Group member
FAQ
What is the specific change in beneficial ownership reported in this Amendment No. 41?
The filing does not specify the exact change in beneficial ownership in the provided text, only that it is an amendment to the Schedule 13D.
What is the CUSIP number for Appian Corporation's Class A Common Stock?
The CUSIP number for Appian Corporation's Class A Common Stock is 03782L101.
Who is authorized to receive notices and communications for this filing?
Colin T. Moran at Abdiel Capital, located at 90 Park Avenue, 29th Floor, New York, NY 10016, is authorized to receive notices and communications.
What is the business address of Appian Corporation?
Appian Corporation's business address is 7950 Jones Branch Drive, McLean, VA 22102.
Which entities are listed as group members in this filing?
The group members listed are ABDIEL CAPITAL ADVISORS, LP, ABDIEL CAPITAL MANAGEMENT, LLC, ABDIEL CAPITAL, LP, ABDIEL PARTNERS, LLC, and COLIN T. MORAN.
Filing Stats: 2,092 words · 8 min read · ~7 pages · Grade level 7 · Accepted 2024-07-24 20:25:26
Key Financial Figures
- $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value per share (Title of Class o
Filing Documents
- d876170dsc13da.htm (SC 13D/A) — 106KB
- d876170dex99a.htm (EX-99.A) — 33KB
- 0001193125-24-183994.txt ( ) — 140KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: July 24, 2024 ABDIEL QUALIFIED MASTER FUND, LP By: Abdiel Capital Management, LLC, its General Partner By: /s/ Colin T. Moran Colin T. Moran, Managing Member ABDIEL CAPITAL, LP By: Abdiel Capital Management, LLC, its General Partner By: /s/ Colin T. Moran Colin T. Moran, Managing Member ABDIEL PARTNERS, LLC By: Abdiel Capital Partners, LLC, its Managing Member By: /s/ Colin T. Moran Colin T. Moran, Managing Member ABDIEL CAPITAL MANAGEMENT, LLC By: /s/ Colin T. Moran Colin T. Moran, Managing Member ABDIEL CAPITAL ADVISORS, LP By: Abdiel Capital Partners, LLC, its General Partner By: /s/ Colin T. Moran Colin T. Moran, Managing Member COLIN T. MORAN By: /s/ Colin T. Moran Colin T. Moran, Individually 9