Baidu, Inc. Amends Trip.com Group Filing

TL;DR

Baidu's filing for Trip.com Group updated, name change from Baidu.com noted.

AI Summary

Baidu, Inc. has filed an amendment (Amendment No. 6) to its Schedule 13D/A regarding Trip.com Group Limited. The filing, dated September 27, 2024, indicates a change in the reporting entity's name from Baidu.com, Inc. to Baidu, Inc. on June 2, 2005. The filing pertains to ordinary shares of Trip.com Group Limited.

Why It Matters

This filing updates the ownership and reporting information for Baidu, Inc. concerning its stake in Trip.com Group, a significant travel services company.

Risk Assessment

Risk Level: low — This is a routine amendment to a Schedule 13D/A, primarily updating company information and not indicating a new or significant change in beneficial ownership or strategy.

Key Players & Entities

• Baidu, Inc. (company) — Reporting entity
• Trip.com Group Limited (company) — Subject company
• Baidu.com, Inc. (company) — Former name of reporting entity

FAQ

Key Financial Figures

• $0.00125 — Issuer) Ordinary Shares, par value US$0.00125 per share (Title of Class of Securiti
• $50.16 — ions on the U.S. market at a price of US$50.16 per ADS pursuant to Rule 144 under the
• $36.03 — e U.S. market with price ranging from US$36.03 and US$37.29 per ADS pursuant to Rule 1
• $37.29 — with price ranging from US$36.03 and US$37.29 per ADS pursuant to Rule 144 under the

Filing Documents

• d856297dsc13da.htm (SC 13D/A) — 52KB
• 0001193125-24-227359.txt ( ) — 54KB

is amended

Item 2 is amended by replacing the Schedule A and Schedule B to the Original Filing with the Schedule A and Schedule B hereto. During the last five years, none of the Reporting Persons and, to the best of their knowledge, any of the persons listed on Schedule A and Schedule B hereto has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item5. Interest in Securities of the Issuer. Items 5(a) is hereby amended and restated in its entirety as follows: (a) As of September 27, 2024, (i) Baidu Holdings Limited beneficially owns 45,953,524 Ordinary Shares, or 7.11% of the issued and outstanding Ordinary Shares, and (ii) Baidu, Inc., being the sole shareholder of Baidu Holdings Limited, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 45,953,524 Ordinary Shares, all of which are directly held by Baidu Holdings Limited, or 7.11% of the issued and outstanding Ordinary Shares. Items 5(c) is hereby amended and restated in its entirety as follows: (c) On September 25, 2024, Baidu Holdings Limited sold 10,525,696 ADSs through open market transactions on the U.S. market at a price of US$50.16 per ADS pursuant to Rule 144 under the Securities Act of 1933, as amended. From September 14, 2023 to February 5, 2024, Baidu, Inc. sold 4,303,219 ADSs representing 4,303,219 Ordinary Shares through open market transactions on the U.S. market with price ranging from US$36.03 and US$37.29 per ADS pursuant to Rule 144 under the Securities Act of 1933, as amended. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersig

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