ANLLIAN Sports Products Ltd Amends Amer Sports Stake
Ticker: AS · Form: SC 13D/A · Filed: Dec 10, 2024 · CIK: 1988894
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
TL;DR
ANLLIAN Sports Products Ltd just updated its Amer Sports filing - ownership changes likely.
AI Summary
On December 10, 2024, ANLLIAN Sports Products Ltd filed an amendment (Amendment No. 1) to its Schedule 13D regarding Amer Sports, Inc. The filing indicates a change in beneficial ownership, with ANLLIAN Sports Products Ltd, ANLLIAN HOLDCO (BVI) LTD, and ANLLIAN HOLDINGS LTD listed as group members. The specific details of the change in ownership percentage or the exact number of shares are not provided in this excerpt.
Why It Matters
This amendment signals a potential shift in control or significant influence over Amer Sports, Inc. by ANLLIAN Sports Products Ltd and its affiliates, which could impact the company's strategic direction and shareholder value.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility and uncertainty for investors.
Key Players & Entities
- ANLLIAN Sports Products Ltd (company) — Filing entity and group member
- Amer Sports, Inc. (company) — Subject company
- ANLLIAN HOLDCO (BVI) LTD (company) — Group member
- ANLLIAN HOLDINGS LTD (company) — Group member
- Tse Kin Chung (person) — Contact person for Anta Sports Products Limited
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 1?
This excerpt does not provide specific details on the changes in beneficial ownership, only that an amendment has been filed by ANLLIAN Sports Products Ltd and its group members.
What is the CUSIP number for Amer Sports, Inc. ordinary shares?
The CUSIP number for Amer Sports, Inc. ordinary shares is G0260P102.
Who are the listed group members associated with ANLLIAN Sports Products Ltd in this filing?
The listed group members are ANLLIAN HOLDCO (BVI) LTD, ANLLIAN HOLDINGS LTD, and ANTA SPORTS PRODUCTS LTD.
What is the business address of Amer Sports, Inc. as listed in the filing?
The business address of Amer Sports, Inc. is KONEPAJANKUJA 6, HELSINKI, H9, 00511.
What is the filing date of this Schedule 13D/A amendment?
The filing date of this Schedule 13D/A amendment is December 10, 2024.
Filing Stats: 2,191 words · 9 min read · ~7 pages · Grade level 16.8 · Accepted 2024-12-10 16:00:24
Key Financial Figures
- $7.680 — g his options at a per share price of US$7.680 on October 15, 2024, which is within 60
Filing Documents
- sc13da.htm (SC 13D/A) — 122KB
- 0000929638-24-004220.txt ( ) — 124KB
of the Schedule 13D is hereby amended and restated in its entirety as follows
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) As of the date hereof, (i) ANTA Sports, because of its position as the sole shareholder of each of ANLLIAN Sports and ANLLIAN Holdings, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 232,328,780 Ordinary Shares or 42.5% of the outstanding Ordinary Shares, (ii) ANLLIAN Sports directly owns 218,915,443 Ordinary Shares or 40.1% of the outstanding Ordinary Shares, (iii) ANLLIAN Holdings, as the sole holder of the voting equity of ANLLIAN HOLDCO, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own the 13,413,337 Ordinary Shares or 2.5% of the outstanding Ordinary Shares directly held by ANLLIAN HOLDCO, and (iv) ANLLIAN HOLDCO directly owns 13,413,337 Ordinary Shares or 2.5% of the outstanding Ordinary Shares. The foregoing percentages are all calculated based on 546,359,667 Ordinary Shares outstanding immediately after the Issuer's public offering as disclosed in its prospectus filed with the Commission on December 5, 2024 (assuming no exercise of the underwriters' overallotment option to purchase additional Ordinary Shares). The other persons listed on Schedule A beneficially own such amounts of Ordinary Shares as set forth therein. (b) As of the date hereof, each of ANLLIAN Sports, ANLLIAN HOLDCO, ANLLIAN Holdings and ANTA Sports has shared power to vote or to direct the voting and to dispose or to direct the disposition of the Ordinary Shares directly or beneficially owned by them (as the case may be) as specified in Item 5(a) above. The other persons listed on Schedule A have sole or shared power to vote or to direct the voting and to dispose or to direct the disposition of such amounts of Ordinary Shares as set forth therein. (c) Except as disclosed in the Schedule 13D and this Amendment, the Reporting Persons and, to the knowledge of the Reporting Persons, the other persons listed on Schedule A , have not engaged in any transactions