Cannae Holdings Amends Dun & Bradstreet Stake Filing
Ticker: CNNE · Form: SC 13D/A · Filed: Mar 20, 2024 · CIK: 1704720
Sentiment: neutral
Topics: shareholder-activity, amendment, ownership-filing
Related Tickers: DNB
TL;DR
Cannae Holdings updated its 13D filing on D&B. Watch for changes in their stake.
AI Summary
Cannae Holdings, Inc. filed an amendment (No. 3) to its Schedule 13D on March 20, 2024, regarding its beneficial ownership of Dun & Bradstreet Holdings, Inc. The filing indicates a change in the reporting person's holdings, though specific new dollar amounts or exact share counts are not detailed in this excerpt. The filing is an update to previous disclosures concerning Cannae's stake in Dun & Bradstreet.
Why It Matters
This filing signals potential shifts in significant shareholder positions, which could influence market perception and trading activity for Dun & Bradstreet Holdings, Inc.
Risk Assessment
Risk Level: medium — Changes in significant shareholder filings can indicate strategic moves or shifts in investment sentiment, impacting the stock price.
Key Players & Entities
- Cannae Holdings, Inc. (company) — Reporting Person
- Dun & Bradstreet Holdings, Inc. (company) — Subject Company
- Michael L. Gra (person) — Reporting Person (partial name)
FAQ
What specific changes in beneficial ownership are reported by Cannae Holdings, Inc. in this amendment?
The filing is an amendment (No. 3) to Schedule 13D, indicating a change in the reporting person's holdings, but the specific details of the changes are not provided in the excerpt.
What is the CUSIP number for Dun & Bradstreet Holdings, Inc. common stock?
The CUSIP number for Dun & Bradstreet Holdings, Inc. common stock is 26484T106.
When was this Schedule 13D amendment filed with the SEC?
This Schedule 13D amendment was filed on March 20, 2024.
What was the former company name of Dun & Bradstreet Holdings, Inc.?
The former company name of Dun & Bradstreet Holdings, Inc. was Star Intermediate I, Inc.
What is the primary business of Dun & Bradstreet Holdings, Inc. according to the filing?
Dun & Bradstreet Holdings, Inc. is classified under SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320].
Filing Stats: 2,029 words · 8 min read · ~7 pages · Grade level 9.1 · Accepted 2024-03-20 16:06:06
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securitie
- $100,900,000 — d 10,000,000 shares of Common Stock for $100,900,000, or $10.09 per share of Common Stock.
- $10.09 — es of Common Stock for $100,900,000, or $10.09 per share of Common Stock. Informatio
Filing Documents
- cnne-dnbschedule13damar2024.htm (SC 13D/A) — 120KB
- 0001704720-24-000034.txt ( ) — 122KB
Purpose of the Transaction
Item 4. Purpose of the Transaction.
of the Schedule 13D is supplemented as follows
Item 4 of the Schedule 13D is supplemented as follows On March 18, 2024, DNB Holdco, LLC sold 10,000,000 shares of Common Stock for $100,900,000, or $10.09 per share of Common Stock. Information as of the date of this Amendment No. 3 is set forth on Schedule A to this Schedule 13D with respect to the Schedule A Persons and is incorporated herein by reference.
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer.
of the Schedule 13D is supplemented as follows
Item 5 of the Schedule 13D is supplemented as follows Information as of the date of this Schedule 13D with respect to the Schedule A Persons is set forth on Schedule A and is incorporated herein by reference. (a) and (b) The responses of the Reporting Persons to rows (7) through (13) of the cover pages of this Amendment No. 3 are incorporated herein by reference. The calculation in this Schedule 13D of the percentage of Common Stock outstanding beneficially owned by a Reporting Person or a Schedule A Person, as the case may be, is based on (i) 438,796,038 shares of Common Stock outstanding as of February 16, 2024, as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 22, 2024, plus (ii) in the case of any Schedule A Persons, to the knowledge of the Reporting Persons, the number of shares of Common Stock issuable upon the exercise of options owned by such Schedule A Person, if any. As of the date of this Amendment No. 3, the Reporting Persons beneficially owned an aggregate of 69,048,691 shares of Common Stock, which represents approximately 15.7% of the outstanding shares of Common Stock, and is comprised of 34,048,691 shares directly held by DNB Holdco, LLC and 35,000,000 shares directly held by Cannae Funding D, LLC, a wholly-owned subsidiary of DNB Holdco, LLC. (c) The Reporting Persons have not effected any transactions in Common Stock during the past 60 days, other than as disclosed in Item 4 and in Schedule A hereto, which are incorporated herein by reference. (d) Not applicable. (e) Not applicable. 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated March 20, 2024 CANNAE HOLDINGS, INC. By sMichael L. Gravelle Name Michael L. Gravelle Title Executive Vice President, General Counsel and Corporate Secretary CANNAE HOLDINGS, LLC By sMichael L. Gravelle