Fine Capital Partners Amends Light & Wonder Stake
Ticker: LAWIL · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 750004
| Field | Detail |
|---|---|
| Company | Light & Wonder, Inc. (LAWIL) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, investor-update
TL;DR
**Fine Capital Partners still holds Light & Wonder shares, signaling ongoing institutional confidence.**
AI Summary
Fine Capital Partners, L.P. filed an amended SC 13G/A on February 13, 2024, indicating their ownership of Light & Wonder, Inc. common stock as of December 31, 2023. This filing, an amendment number 11, shows that Fine Capital Partners continues to hold a significant, though not necessarily changed, stake in the gaming and lottery technology company. For investors, this matters because Fine Capital Partners is a notable institutional investor, and their continued holding suggests confidence in Light & Wonder's long-term prospects, potentially influencing other investors' perceptions of the stock.
Why It Matters
This filing confirms a major institutional investor's continued interest in Light & Wonder, which can be a positive signal for the company's stability and future performance.
Risk Assessment
Risk Level: low — This filing is a routine update from an institutional investor and does not indicate any immediate negative risks for the company.
Analyst Insight
An investor might view Fine Capital Partners' continued holding as a sign of confidence in Light & Wonder, prompting further research into the company's fundamentals and future growth prospects.
Key Players & Entities
- Fine Capital Partners, L.P. (company) — the reporting person and institutional investor
- Light & Wonder, Inc. (company) — the subject company whose stock is being reported
- Delaware (company) — place of organization for Fine Capital Partners, L.P.
- December 31, 2023 (date) — date of event which requires filing of this statement
- February 13, 2024 (date) — date the SC 13G/A was filed
Forward-Looking Statements
- Fine Capital Partners will maintain a significant stake in Light & Wonder for the foreseeable future. (Fine Capital Partners, L.P.) — medium confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No. 11' in the filing.
Who is the reporting person in this filing?
The reporting person is Fine Capital Partners, L.P., as stated under 'NAME OF REPORTING PERSONS' and 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fine Capital Partners, L.P.'.
What is the subject company whose securities are being reported?
The subject company is Light & Wonder, Inc., as identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Light & Wonder, Inc.' and 'Name of Issuer'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock, $.001 par value, of Light & Wonder, Inc. is 80874P109, as listed under 'CUSIP Number' on the cover page.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'Date of Event Which Requires Filing of this Statement'.
Filing Stats: 2,203 words · 9 min read · ~7 pages · Grade level 7.4 · Accepted 2024-02-13 15:24:11
Filing Documents
- d10976667_13g-a.htm (SC 13G/A) — 153KB
- 0000919574-24-001025.txt ( ) — 155KB
From the Filing
SC 13G/A 1 d10976667_13g-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 11)* Light & Wonder, Inc. (Name of Issuer) Common Stock, $.001 par value (Title of Class of Securities) 80874P109 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [x] Rule 13d-1(c) [_] Rule 13d-1(d) __________ *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No 80874P109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Fine Capital Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 8,465,409 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 8,465,409 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,465,409 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN, IA CUSIP No 80874P109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Fine Capital Advisors, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 8,465,409 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 8,465,409 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,465,409 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO, HC CUSIP No 80874P109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Adom Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,871,462 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,871,462 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,871,462 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No 80874P109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Debra Fine 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 8,465,409 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 8,465,409 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,465,409 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN, HC CUSIP No 80874P109 Item 1. (a). Name of Issuer: Light & Wonder, Inc. (b). Address of issuer's principal executive offices: 6601 Bermuda Road Las Vegas, NV 89119 United States of America Item 2. (a) and Name and Address of persons filing: (b) Fine Capital Partners, L.P. 1350 Avenue of the Americas, Suite 2910 New York, New York 10019 Fine Capital Advisors, LLC 1350 Avenue of the Americas, Suite 2910 New York, New York 10019 Adom Partners, L.P. 1350 Avenue of the Americas, Suite 2910 New Y