Goldman Sachs Amends Mirion Technologies Stake Filing
Ticker: GSCE · Form: SC 13D/A · Filed: Nov 13, 2024 · CIK: 886982
| Field | Detail |
|---|---|
| Company | Goldman Sachs Group INC (GSCE) |
| Form Type | SC 13D/A |
| Filed Date | Nov 13, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
Related Tickers: MIR
TL;DR
GSAM Holdings LLC, via Goldman Sachs, updated their Mirion Technologies filing. Watch this space.
AI Summary
Goldman Sachs Group Inc. has filed an amendment (Amendment No. 8) to its Schedule 13D regarding Mirion Technologies, Inc. The filing, dated November 13, 2024, indicates a change in the beneficial ownership of Mirion Technologies, Inc. common stock. Goldman Sachs Group Inc. is listed as the filer, with Philip Grovit of GSAM Holdings LLC also named in the filing.
Why It Matters
This filing signals a potential shift in control or significant investment activity by a major financial institution in Mirion Technologies, which could impact the company's stock price and strategic direction.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings by large institutions can indicate significant market activity or strategic shifts, warranting attention.
Key Players & Entities
- Goldman Sachs Group Inc. (company) — Filer of the Schedule 13D/A
- Mirion Technologies, Inc. (company) — Subject company of the filing
- Philip Grovit (person) — Associated with GSAM Holdings LLC and the filing
- GSAM Holdings LLC (company) — Entity associated with the filing
FAQ
What specific change in beneficial ownership is reported in this Amendment No. 8 to the Schedule 13D?
The filing does not specify the exact percentage or number of shares changing beneficial ownership in this amendment, but it is an update to a previous filing.
What is the CUSIP number for Mirion Technologies, Inc. Class A Common Stock?
The CUSIP number for Mirion Technologies, Inc. Class A Common Stock is 60471A101.
When was this Schedule 13D/A filing made?
This filing was made on November 13, 2024.
Who is listed as the filer for this Schedule 13D/A?
Goldman Sachs Group Inc. is listed as the filer.
What was the former company name associated with Mirion Technologies, Inc. before its current name?
Mirion Technologies, Inc. was formerly known as GS Acquisition Holdings Corp II.
Filing Stats: 1,292 words · 5 min read · ~4 pages · Grade level 12.8 · Accepted 2024-11-13 18:42:31
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Titles of Class of Securiti
Filing Documents
- ff4106558_13da8-mirion.htm (SC 13D/A) — 73KB
- 0000895345-24-000560.txt ( ) — 75KB
is hereby amended by the addition of the following
Item 4 is hereby amended by the addition of the following: On November 12, 2024 , the vesting conditions were satisfied in respect of the second of three tranches of the Founder Shares of Class A Common Stock previously reported in the Initial Filing. In connection with such vesting, Employee Participation 1 LLC expects to distribute 441,666 shares of Class A Common Stock to its members and Employee Participation 2 LLC expects to distribute 549,474 shares of Class A Common Stock to its members, in each case for no consideration. Further upon such vesting, Sponsor expects to distribute 5,258,856 shares of Class A Common Stock to its members for no consideration. Each of Goldman Sachs and GS Group will have ceased to beneficially own such shares of Class A Common Stock upon such distributions, except for 3,233,856 shares of Class A Common Stock to be distributed to Holdings. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a), (b), (c) is hereby amended and restated as follows
Item 5(a), (b), (c) is hereby amended and restated as follows: (a) and (b) The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Schedule 13D gives effect to the share distributions described in Item 4 and is incorporated by reference into this Item 5. The percentage beneficial ownership reported herein by each Reporting Person is based on 225,500,094 shares of Class A Common Stock outstanding as of October 25, 2024, as reflected in the Form 10-Q filed by the Issuer with the SEC on October 30, 2024. Each of Goldman Sachs and GS Group may be deemed to beneficially own 12,387,666 shares of Class A Common Stock, constituting 5.5% of the outstanding shares of Class A Common Stock. Each of Goldman Sachs and GS Group may be deemed to have shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, (i) 5,341,655 shares of Class A Common Stock held by Sponsor, (ii) 441,668 shares of Class A Common Stock of which Employee Participation 1 LLC is the record owner, (iii) 466,684 shares of Class A Common Stock of which Employee Participation 2 LLC is the record clients. (c) Except as described in Item 4, including the completion of the distributions described in Item 4 as set forth in Amendment No. 7, neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the persons listed on Schedule A, Schedule B or Schedule C, effected any transactions in the Class A Common Stock since the date of Amendment No. 7. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Dated: November 13, 2024 THE GOLDMAN SACHS GROUP, INC.