Mubadala Investment Files SC 13D/A for Equinox Gold

TL;DR

Mubadala Investment Co. updated its stake in Equinox Gold Corp. (EQX) via 13D/A filing.

AI Summary

Mubadala Investment Company PJSC, through its group members, has filed an amendment (No. 2) to its Schedule 13D concerning Equinox Gold Corp. The filing, dated October 10, 2024, indicates a change in the reporting person's holdings. Mubadala Investment Company PJSC is based in Abu Dhabi, United Arab Emirates.

Why It Matters

This filing signals a potential shift in significant ownership or control of Equinox Gold Corp. by a major investment entity, which could impact the company's strategic direction and stock performance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.

Key Numbers

• 2 — Amendment Number (Indicates this is the second update to the filing.)

Key Players & Entities

• Mubadala Investment Company PJSC (company) — Reporting Person
• Equinox Gold Corp. (company) — Subject Company
• MAMOURA DIVERSIFIED GLOBAL HOLDING PJSC (company) — Group Member
• MDC INDUSTRY HOLDING CO LLC (company) — Group Member
• NINETY FOURTH INVESTMENT CO LLC (company) — Group Member
• Andre C. Namphy (person) — Authorized Contact

FAQ

Key Financial Figures

• $130 million — ssuer") issuable upon the conversion of $130 million principal amount of the Issuer's 4.75%

Filing Documents

• form_sc13da-equinoxgold.htm (SC 13D/A) — 76KB
• 0001011438-24-000485.txt ( ) — 78KB

of this Schedule 13D is supplemented and superseded, as the case may be, as follows

Item 4 of this Schedule 13D is supplemented and superseded, as the case may be, as follows: On October 9, 2024, the previously disclosed Share Sale closed (the "Closing"), and Ninety Fourth Investment Company disposed of the 24,761,905 Offered Shares to the Underwriter. As a result of the Closing and resultant reduction in beneficial ownership of Common Shares of the Issuer by the Reporting Persons, the Reporting Persons no longer have a right to designate one individual to be nominated for election as a director of the Issuer at each meeting of the shareholders of the Issuer at which directors are to be elected. Item 5. Interest in Securities of the Issuer

of the Schedule 13D is hereby amended and restated as follows

Item 5 of the Schedule 13D is hereby amended and restated as follows: (a) and (b) Items 7 through 11 and 13 of each of the cover pages of this Schedule 13D are incorporated herein by reference. Such information is based on 453,489,047 of the Issuer's Common Shares outstanding as of October 4, 2024, as reported in the Issuer's prospectus supplement filed with the SEC on October 4, 2024, which includes 24,761,905 Common Shares issued upon conversion of $130 million principal amount of the Issuer's 5.00% convertible notes due 2024. MDC Industry Holding beneficially owns the 20,000,000 Common Shares issuable upon conversion of the $130 million principal amount of the Issuer's 4.75% convertible notes due 2025 that it directly holds. Ninety Fourth Investment Company no longer directly holds or beneficially owns any Common Shares of the Issuer. Mubadala and Mamoura directly or indirectly wholly own each of MDC Industry Holding and Ninety Fourth Investment Company, and therefore Mubadala and Mamoura may each be deemed to indirectly beneficially own the Common Shares beneficially owned by each of MDC Industry Holding and Ninety Fourth Investment Company. (c) The information in Item 4 is incorporated herein by reference. Except as disclosed in this Schedule 13D, as amended, there have been no transactions by the Reporting Persons or the Scheduled Persons in the securities of the Issuer during the past sixty days. (d) No person(s) other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Common Shares of the Issuer beneficially owned by the Reporting Persons. (e) On October 9, 2024, the Reporting Persons ceased to be the beneficial owners of more than five percent of the Issuer's Common Shares. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

of this Schedule 13D is supplemented and superseded, as the case may be, as follows

Item 6 of this Schedule 13D is supplemented and superseded, as the case may be, as follows: The Information in Item 4 is incorporated herein by reference. 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: October 10, 2024 Mubadala Investment Company PJSC By: /s/ Andre Namphy Name: Andre Namphy Title: Authorized Signatory Mamoura Diversified Global Holding PJSC By: /s/ Andre Namphy Name: Andre Namphy Title: Authorized Signatory MDC Industry Holding Company LLC By: /s/ Andre Namphy Name: Andre Namphy Title: Authorized Signatory Ninety Fourth Investment Company LLC By: /s/ Andre Namphy Name: Andre Namphy Title: Authorized Signatory

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View this SC 13D/A filing on SEC EDGAR