Monster Beverage Corp. Ownership Filing Amendment

TL;DR

Monster Beverage ownership group filed an amendment, check for changes.

AI Summary

On June 13, 2024, Brandon Limited Partnership No. 1, along with several other Hilrod Holdings entities and individuals like Rodney Cyril Sacks and Hilton Hiller Schlosberg, filed an amendment (Amendment No. 31) to their Schedule 13D concerning Monster Beverage Corp. This filing indicates a change in beneficial ownership, though specific new holdings or changes in percentage are not detailed in the provided excerpt.

Why It Matters

This filing is an update to a significant ownership stake in Monster Beverage Corp., which could signal strategic shifts or ongoing influence by the reporting entities.

Risk Assessment

Risk Level: medium — Schedule 13D filings often relate to significant ownership stakes and potential activism, which can introduce volatility.

Key Players & Entities

• Monster Beverage Corp (company) — Subject company
• Brandon Limited Partnership No. 1 (company) — Filing entity
• Hilrod Holdings XV, L.P. (company) — Group member
• Hilrod Holdings XVIII, L.P. (company) — Group member
• Hilrod Holdings XXIII, L.P. (company) — Group member
• Hilrod Holdings XXIV, L.P. (company) — Group member
• Hilrod Holdings XXV, L.P. (company) — Group member
• Hilrod Holdings XXVI, L.P. (company) — Group member
• Hilton Hiller Schlosberg (person) — Group member
• Rodney Cyril Sacks (person) — Group member

FAQ

Key Financial Figures

• $0.005 — relating to the common stock, par value $0.005 per share (“ Common Stock ”
• $53.00 — ny accepted for purchase, at a price of $53.00 per share, 56,603,773 shares of Common

Filing Documents

• tm2417149d1_sc13da.htm (SC 13D/A) — 145KB
• tm2417149d1_ex1.htm (EX-1) — 11KB
• 0001104659-24-071397.txt ( ) — 158KB

(a) is hereby amended by deleting Item

Item 2(a) is hereby amended by deleting Item 2(a) in its entirety and inserting in lieu thereof the following: (a) The reporting persons are Brandon Limited Partnership No. 1, a limited partnership organized under the laws of the Cayman Islands (“ Brandon No. 1 ”), Brandon Limited Partnership No. 2, a limited partnership organized under the laws of the Cayman Islands (“ Brandon No. 2 ”), Rodney Cyril Sacks, a natural person in his individual capacity (“ Mr. Sacks ”), Hilton Hiller Schlosberg, a natural person in his individual capacity (“ Mr. Schlosberg ”), Hilrod Holdings XV, L.P., a limited partnership organized under the laws of the state of Delaware (“ Hilrod XV ”), Hilrod Holdings XVIII, L.P., a limited partnership organized under the laws of the state of Delaware (“ Hilrod XVIII ”), Hilrod Holdings XXIII, L.P., a limited partnership organized under the laws of the state of Delaware (“ Hilrod XXIII ”), Hilrod Holdings XXIV, L.P., a limited partnership organized under the laws of the state of Delaware (“ Hilrod XXIV ”), Hilrod Holdings XXV, L.P., a limited partnership organized under the laws of the state of Delaware (“ Hilrod XXV ”), and Hilrod Holdings XXVI, L.P., a limited partnership organized under the laws of the state of Delaware (“ Hilrod XXVI ”). 12 The general partners of each of Brandon No. 1, Brandon No. 2, Hilrod XV, Hilrod XVIII, Hilrod XXIII, Hilrod XXIV, Hilrod XXV and Hilrod XXVI are Mr. Sacks and Mr. Schlosberg. Item 4. Purpose of Transaction. Item 4 is hereby amended and supplemented by adding the following: The Company filed Amendment No. 4 to its Tender Offer Statement on Schedule TO with the Securities and Exchange Commission on June 10, 2024 announcing the final results of the Offer. On June 11, 2024, the Company accepted for purchase, at a price of $53.00 per share, 56,603,773 shares of Common Stock that were v

(a) through (c)

Item 5 (a) through (c) is hereby amended by deleting Item 5 (a) through (c) in its entirety and inserting in lieu thereof the following: (a)-(b) See rows (7) through (10) of the cover pages to this Amendment No. 31 for the number of shares of Common Stock as to which each Reporting Person has sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. See rows (11) and (13) of the cover pages to this Amendment No. 31 for the aggregate number and percentage of shares of Common Stock beneficially owned by each of the Reporting Persons. Percentages calculated in this Amendment No. 31 with respect to Brandon No. 1, Brandon No. 2, Hilrod XV, Hilrod XVIII, Hilrod XXIII, Hilrod XXIV, Hilrod XXV, and Hilrod XXVI are based upon 985,433,355 shares of Common Stock outstanding as of June 11, 2024 (the “ Aggregate Outstanding Shares ”), calculated as the 1,042,037,128 shares outstanding as of June 5, 2024 (as provided by the Company to the Reporting Persons), less the 56,603,773 shares accepted for purchase pursuant to the Offer (as disclosed in Amendment No. 4 to the Tender Offer Statement on Schedule TO). Percentages calculated in this Amendment No. 31 with respect to each of Mr. Sacks and Mr. Schlosberg are based upon 988,687,849 shares of Common Stock, which is the sum of the Aggregate Outstanding Shares plus the 3,254,494 shares of Common Stock that could be acquired within 60 days of June 11, 2024 by each of Mr. Sacks and Mr. Schlosberg upon the exercise of options to purchase Common Stock and upon vesting of restricted stock units (“ RSUs ”). As of June 11, 2024, the aggregate number and percentage of shares of Common Stock beneficially owned by the Reporting Persons is 80,145,485 shares, or 8.1% of the outstanding Common Stock. Percentages calculated in this Amendment No. 31 with respect to the Reporting Persons as a group are based upon 991,942,343 shares of Common Stock, which is the sum of

SIGNATURES

SIGNATURES 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. June 13, 2024 BRANDON LIMITED PARTNERSHIP NO. 1 By: /s/ Rodney C. Sacks Name: Rodney C. Sacks Title: General Partner BRANDON LIMITED PARTNERSHIP NO. 2 By: /s/ Rodney C. Sacks Name: Rodney C. Sacks Title: General Partner Hilrod Holdings XV, L.P. By: /s/ Hilton H. Schlosberg Name: Hilton H. Schlosberg Title: General Partner Hilrod Holdings XVIII, L.P. By: /s/ Hilton H. Schlosberg Name: Hilton H. Schlosberg Title: General Partner Hilrod Holdings XXIII, L.P. By: /s/ Hilton H. Schlosberg Name: Hilton H. Schlosberg Title: General Partner Hilrod Holdings XXIV, L.P. By: /s/ Hilton H. Schlosberg Name: Hilton H. Schlosberg Title: General Partner Hilrod Holdings XXV, L.P. By: /s/ Hilton H. Schlosberg Name: Hilton H. Schlosberg Title: General Partner Hilrod Holdings XXVI, L.P. By: /s/ Hilton H. Schlosberg Name: Hilton H. Schlosberg Title: General Partner 15 /s/ Rodney C. Sacks RODNEY C. SACKS /s/ Hilton H. Schlosberg HILTON H. SCHLOSBERG 16 EXHIBIT INDEX 1. Joint Filing Agreement, dated June 13, 2024 17 SCHEDULE A The following are the transactions in the Company’s securities within the past 60 days: Date of Transaction No. of Securities Acquired/(Disposed Of) Average Price Per Security Range of Prices Per Security Non-Derivative Securities Rodney C. Sacks 06/11/2024 78,679 (1) $53.00 N/A Hilton H. Schlosberg 06/11/2024 42,144 (1) $53.00 N/A Hilrod Holdings XV, L.P. 06/11/2024 85,247 (1) $53.00 N/A Hilrod Holdings XVIII, L.P. 06/11/2024 207,022 (1) $53.00 N/A Hilrod Holdings XXIII, L.P. 06/11/2024 38,962 (1) $53.00 N/A (1) Represents shares of Common Stock tendered and accepted for purchase by the Company in the Offer. 18

View Full Filing

View this SC 13D/A filing on SEC EDGAR