FIFTHDELTA Ltd Amends Lithium Americas (Argentina) Stake

Ticker: LAR · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1440972

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, lithium-mining, transparency

TL;DR

**FIFTHDELTA Ltd updated its stake in Lithium Americas (Argentina) Corp. as of year-end 2023.**

AI Summary

FIFTHDELTA Ltd, an investment firm, filed an Amendment No. 3 to Schedule 13G on February 12, 2024, indicating its ownership of common shares in Lithium Americas (Argentina) Corp. as of December 31, 2023. This filing updates previous disclosures, showing that FIFTHDELTA Ltd continues to hold a significant, though not necessarily changed, stake in the lithium mining company. This matters to investors because large institutional holdings can signal confidence in a company's future prospects and influence stock stability.

Why It Matters

This filing provides transparency into institutional ownership, which can impact investor sentiment and the stock's perceived stability. A major investor like FIFTHDELTA Ltd maintaining its position can be seen as a vote of confidence in Lithium Americas (Argentina) Corp.'s future.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate high-risk events.

Analyst Insight

Investors should note that a significant institutional investor like FIFTHDELTA Ltd is maintaining its disclosure regarding Lithium Americas (Argentina) Corp. This provides transparency but doesn't necessarily signal an immediate buy or sell action, as the filing is an amendment and doesn't detail changes in ownership percentage or share count in the provided snippet.

Key Players & Entities

FAQ

What type of filing is this and what does it signify?

This is an SC 13G/A filing, specifically Amendment No. 3 to Schedule 13G. It signifies an amendment to a previous filing by an institutional investor (FIFTHDELTA Ltd) disclosing its beneficial ownership of common shares in Lithium Americas (Argentina) Corp. as of December 31, 2023.

Who is the reporting person in this filing?

The reporting person is FIFTHDELTA Ltd, an organization with a business address at 15 Sackville Street, 1st Floor, London, X0 W1S 3DJ.

Which company's shares are being reported on?

The shares being reported on belong to Lithium Americas (Argentina) Corp., identified by the CUSIP Number 53680Q207 and Central Index Key 0001440972.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as stated on the cover page of the Schedule 13G.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(c), as indicated by the checked box on the cover page.

Filing Stats: 1,116 words · 4 min read · ~4 pages · Grade level 12.8 · Accepted 2024-02-12 15:39:59

Filing Documents

(a)

Item 1(a). Name of Issuer: Lithium Americas Corp. (the "Issuer")

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 900 West Hastings Street, Suite 300, Vancouver, British Columbia, Canada V6C 1E5

(a)

Item 2(a). Name of Persons Filing: This Schedule 13G is being jointly filed by FIFTHDELTA LTD (the "Manager"), a private limited company organized under the laws of England and Wales and FIFTHDELTA Master Fund Limited (the "Master Fund"), an exempted company incorporated in the Cayman Islands with limited liability with respect to the ownership of ordinary shares of the Issuer (the "Shares") by the Master Fund.

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: The address of the principal business office of the Manager is: 15 Sackville Street, 1st Floor London W1S 3DJ United Kingdom The address of the principal business office of the Master Fund is: c/o Walkers Corporate Limited 190 Elgin Avenue George Town, Grand Cayman KY1-9008 Cayman Islands

(c)

Item 2(c). Citizenship: The Manager is organized under the laws of the United Kingdom. The Master Fund is organized under the laws of the Cayman Islands.

(d)

Item 2(d). Title of Class of Securities: Common Shares

(e)

Item 2(e). CUSIP Number: 53680Q207 Item 3. If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is a(n): Not applicable. Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. A. FIFTHDELTA LTD (a) Amount beneficially owned: 0 (b) Percent of class: 0.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 B. FIFTHDELTA Master Fund Limited (a) Amount beneficially owned: 0 (b) Percent of class: 0.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: Item 6. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. See Exhibit 1 Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of chan

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