Abdiel Capital Adjusts Stake in Appian Corp
Ticker: APPN · Form: SC 13D/A · Filed: Aug 2, 2024 · CIK: 1441683
| Field | Detail |
|---|---|
| Company | Appian Corp (APPN) |
| Form Type | SC 13D/A |
| Filed Date | Aug 2, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: schedule-13d, shareholder-activity, amendment
Related Tickers: APPN
TL;DR
Abdiel Capital just updated their Appian (APPN) filing - check the details on their stake.
AI Summary
Abdiel Capital, through its affiliated entities, has amended its Schedule 13D filing regarding Appian Corporation (APPN) as of July 31, 2024. The filing indicates a change in beneficial ownership, with Abdiel Capital Qualified Master Fund LP now holding a significant stake. The specific percentage and number of shares are detailed within the full filing.
Why It Matters
This filing signals a potential shift in major shareholder activity for Appian Corporation, which could influence stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or market movements, indicating potential volatility.
Key Players & Entities
- Abdiel Capital (company) — Filing entity and major shareholder
- Appian Corporation (company) — Subject company
- Colin T. Moran (person) — Authorized contact for Abdiel Capital
- Abdiel Qualified Master Fund LP (company) — Affiliated entity filing beneficial ownership
FAQ
What is the specific percentage of Appian Corporation's Class A Common Stock beneficially owned by Abdiel Capital as of July 31, 2024?
The filing does not explicitly state the percentage in the provided text, but it indicates a change in beneficial ownership as of July 31, 2024.
What was the previous filing date for this Schedule 13D?
The filing is Amendment No. 42, indicating multiple previous amendments, but the exact date of the prior amendment is not specified in this excerpt.
Who is the primary contact person for Abdiel Capital regarding this filing?
Colin T. Moran is the person authorized to receive notices and communications for Abdiel Capital.
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.
What is the business address of Appian Corporation?
Appian Corporation's business address is 7950 Jones Branch Drive, McLean, VA 22102.
Filing Stats: 2,097 words · 8 min read · ~7 pages · Grade level 7 · Accepted 2024-08-02 19:49:56
Key Financial Figures
- $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value per share (Title of Class o
Filing Documents
- d878824dsc13da.htm (SC 13D/A) — 106KB
- d878824dex99a.htm (EX-99.A) — 22KB
- 0001193125-24-193089.txt ( ) — 131KB
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: August 2, 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