GIC Private Ltd Maintains Stake in Anterix Inc. (03676C100)

TL;DR

**GIC Private Ltd is still holding Anterix stock, signaling institutional confidence.**

AI Summary

GIC Private Ltd, a Singaporean investment firm, filed an amended SC 13G/A on February 8, 2024, indicating its ownership of Anterix Inc. common stock as of December 31, 2023. This filing updates their previous disclosure, showing their continued significant stake in Anterix Inc. (formerly pdvWireless, Inc.), a company focused on telephone communications. This matters to investors because GIC Private Ltd is a major institutional investor, and their continued holding suggests confidence in Anterix's long-term prospects, potentially signaling stability or future growth for the stock.

Why It Matters

A large, sophisticated investor like GIC Private Ltd maintaining its position in Anterix Inc. can be seen as a vote of confidence, potentially influencing other investors' perceptions of the stock's value and future performance.

Risk Assessment

Risk Level: low — This filing is an update on an existing passive investment, indicating no immediate change in strategy or significant new risks for Anterix Inc.

Analyst Insight

Investors should note that a major institutional investor like GIC Private Ltd continues to hold Anterix Inc. stock, which could be a positive signal, but this filing itself doesn't indicate any new buying or selling activity, so further research into Anterix's fundamentals is warranted.

Key Players & Entities

• GIC Private Ltd (company) — the investment firm filing the SC 13G/A
• Anterix Inc. (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A
• 03676C100 (string) — the CUSIP number for Anterix Inc. Common Stock

Forward-Looking Statements

• GIC Private Ltd will maintain a significant, passive stake in Anterix Inc. for the foreseeable future. (GIC Private Ltd) — high confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.0001 — x Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class of

Filing Documents

• ef20021066_sc13ga.htm (SC 13G/A) — 58KB
• 0001140361-24-006220.txt ( ) — 60KB

(a)

Item 1(a) Name of Issuer Anterix Inc.

(b)

Item 1(b) Address of Issuer's Principal Executive Offices 3 Garret Mountain Plaza Suite 401 Woodland Park, NJ 07424

(a)

Item 2(a) Name of Persons Filing GIC Private Limited – Republic of Singapore

(b)

Item 2(b) Address of Principal Business Office or, if none, Residence 168 Robinson Road #37-01 Capital Tower Singapore 068912

(c)

Item 2(c) Citizenship Singapore – Republic of Singapore

(d)

Item 2(d) Title of Class of Securities Common Stock, $0.0001 par value per share

(e)

Item 2(e) CUSIP Number 03676C100 I tem 3 If this statement is filed pursuant to 240.13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Not applicable. Item 4 (a - c) The aggregate number of securities and percentage of the class of securities of the Issuer beneficially owned by the Reporting Person named in Item 2(a), as well as the number of securities as to which such person is deemed to have sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, shared power to dispose or direct the disposition, is set forth in the following tables: Reporting Person No. of Securities Beneficially Owned Percent of Class (3) Voting Power Dispositive Power Sole (1), (2) Shared (1), (2) Sole (1), (2) Shared (1), (2) GIC Private Limited 1,458,758 7.77 874,569 584,189 874,569 584,189 (1) GIC is a fund manager and only has 2 clients – the Government of Singapore ("GoS") and the Monetary Authority of Singapore ("MAS"). Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. As such, GIC has the sole power to vote and power to dispose of the 874,569 securities beneficially owned by it. GIC shares power to vote and dispose of 584,189 securities beneficially owned by it with MAS. (2) GIC disclaims membership in a group. (3) Based on 18,769,676 Common Stock outstanding as of November 10, 2023, according to the Form 10-Q filed by the Issuer with the Securities and Exchange Commission on November 13, 2023. SCHEDULE 13G CUSIP No. 03676C100 Page 4 of 5 Pages Item 5 Not applicable. Item 6 Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Be

View Full Filing

View this SC 13G/A filing on SEC EDGAR