Alpha Frontier Amends Playtika Stake, Signals Ownership Shift
Ticker: PLTK · Form: SC 13D/A · Filed: Jan 3, 2024 · CIK: 1828016
| Field | Detail |
|---|---|
| Company | Playtika Holding Corp. (PLTK) |
| Form Type | SC 13D/A |
| Filed Date | Jan 3, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.01, $203,878,717, $10.80 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, corporate-governance
TL;DR
**Alpha Frontier just updated its Playtika ownership, watch for potential strategic moves!**
AI Summary
Alpha Frontier Ltd. filed an Amendment No. 10 to its Schedule 13D on January 3, 2024, indicating a change in its beneficial ownership of Playtika Holding Corp. common stock, $0.01 par value per share. This filing updates previous disclosures regarding the ownership stake held by Alpha Frontier Ltd. and its affiliated group members, including Giant Investment Co., Ltd. and Giant Network Group Co., Ltd. This matters to investors because it signals a potential shift in control or influence over Playtika, which could impact future strategic decisions, M&A activity, or even the company's stock performance.
Why It Matters
Changes in significant ownership stakes can signal shifts in control or strategic direction, potentially influencing Playtika's future business decisions and stock valuation.
Risk Assessment
Risk Level: medium — Changes in major shareholder positions can introduce uncertainty regarding future corporate governance and strategic direction, posing a moderate risk to current investors.
Analyst Insight
Investors should monitor subsequent filings from Alpha Frontier Ltd. and Playtika Holding Corp. for further details on ownership changes or strategic shifts, as this could impact the company's valuation and future performance.
Key Numbers
- $0.01 — Par Value per Share (The par value of Playtika Holding Corp. common stock.)
Key Players & Entities
- Alpha Frontier Ltd. (company) — the entity filing the SC 13D/A amendment
- Playtika Holding Corp. (company) — the subject company whose securities are being reported
- Giant Investment Co., Ltd. (company) — a group member affiliated with Alpha Frontier Ltd.
- Giant Network Group Co., Ltd. (company) — a group member affiliated with Alpha Frontier Ltd.
- December 30, 2023 (date) — the date of the event requiring the filing
- $0.01 (dollar_amount) — par value per share of Playtika common stock
Forward-Looking Statements
- Alpha Frontier Ltd. may seek to exert greater influence over Playtika's strategic decisions. (Playtika Holding Corp.) — medium confidence, target: Within 6-12 months
- Playtika Holding Corp. could explore new strategic initiatives or partnerships. (Playtika Holding Corp.) — low confidence, target: Within 12-18 months
FAQ
What is the purpose of this SC 13D/A filing?
This SC 13D/A filing is an Amendment No. 10 to a Schedule 13D, indicating an update to the beneficial ownership information of Playtika Holding Corp. by Alpha Frontier Ltd. and its affiliated group members, with the event date being December 30, 2023.
Which entity filed this amendment?
Alpha Frontier Ltd. filed this Amendment No. 10 to Schedule 13D, as stated in the 'FILED BY' section and the cover page of the filing.
What is the subject company of this filing?
The subject company is Playtika Holding Corp., as clearly identified in the 'SUBJECT COMPANY' section and on the cover page of the filing.
What is the CUSIP number for Playtika Holding Corp. common stock?
The CUSIP number for Playtika Holding Corp. common stock is 72815L 107, as listed on the cover page of the Schedule 13D.
Who are some of the group members associated with the filing person?
The group members associated with the filing person, Alpha Frontier Ltd., include Equal Sino Ltd, Giant Investment Co., Ltd., Giant Network Group Co., Ltd., Hazlet Global Ltd, Jing Shi, Playtika Holding UK II Ltd, Shanghai Cibi Business Information Consultancy Co., Ltd., and Shanghai Jukun Network Technology Co., Ltd., as listed in the 'GROUP MEMBERS' section.
Filing Stats: 2,953 words · 12 min read · ~10 pages · Grade level 10.8 · Accepted 2024-01-03 16:06:30
Key Financial Figures
- $0.01 — orp. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
- $203,878,717 — azlet at an aggregate purchase price of $203,878,717.20, or $10.80 per share, subject to adj
- $10.80 — e purchase price of $203,878,717.20, or $10.80 per share, subject to adjustment upon c
Filing Documents
- d700076dsc13da.htm (SC 13D/A) — 183KB
- d700076dex991.htm (EX-99.1) — 26KB
- 0001193125-24-001492.txt ( ) — 211KB
From the Filing
SC 13D/A 1 d700076dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 10)* Playtika Holding Corp. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 72815L 107 (CUSIP Number) Alpha Frontier Limited c/o Giant Investment Co., Ltd. 988 Zhonkai road Sonjiang District Shanghai, China 200160 86 (21) 3397 9999*8010 Copies to: Cai Guangliang 988 Zhonkai road Sonjiang District Shanghai, China 200160 86 (21) 3397 9999*8010 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 30, 2023 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on 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). SCHEDULE 13D CUSIP No. 72815L 107 Page 2 of 13 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Playtika Holding UK II Limited 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION England and Wales NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 203,138,656 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 203,138,656 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 203,138,656 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 55.3% (1) 14 TYPE OF REPORTING PERSON (See Instructions) CO (1) The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 367,227,554 outstanding common stock as disclosed by the Issuer as of November 3, 2023 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 8, 2023. SCHEDULE 13D CUSIP No. 72815L 107 Page 3 of 13 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Alpha Frontier Limited 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 203,138,656 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 203,138,656 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 203,138,656 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 55.3% (1) 14 TYPE OF REPORTING PERSON (See Instructions) CO (1) The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 367,227,554 outstanding common stock as disclosed by the Issuer as of November 3, 2023 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 8, 2023. SCHEDULE 13D CUSIP No. 72815L 107 Page 4 of 13 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Shanghai Cibi Business Information Consultancy Co., Ltd. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION PRC NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER None 8 SHARED VOTING POWER 203,816,766 9 SOLE DISPOSITIVE POWER None 10 SHARED DISPOSITIVE POWER 203,138,656 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTIN