CMIG International Amends SiriusPoint Stake Filing
Ticker: SPNT · Form: SC 13D/A · Filed: Nov 26, 2024 · CIK: 1576018
| Field | Detail |
|---|---|
| Company | Siriuspoint Ltd (SPNT) |
| Form Type | SC 13D/A |
| Filed Date | Nov 26, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: schedule-13d, ownership-filing, amendment
Related Tickers: SPNT
TL;DR
CMIG Intl updated its SiriusPoint stake filing. Watch for potential ownership changes.
AI Summary
CMIG International Holding Pte. Ltd. filed an amendment (No. 2) to its Schedule 13D on November 26, 2024, regarding its holdings in SiriusPoint Ltd. The filing indicates a change in the beneficial ownership of SiriusPoint Ltd. common shares. CMIG International Holding Pte. Ltd. is listed as the filer, with Cheryl Li, General Counsel, as the authorized contact.
Why It Matters
This amendment signals a potential shift in the ownership structure or strategy of SiriusPoint Ltd., which could impact its stock price and future business decisions.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions, which can lead to increased volatility.
Key Numbers
- 2 — Amendment Number (Indicates this is the second amendment to the original filing.)
Key Players & Entities
- CMIG International Holding Pte. Ltd. (company) — Filer of the Schedule 13D/A
- SiriusPoint Ltd. (company) — Subject company of the filing
- Cheryl Li (person) — General Counsel and authorized contact for CMIG International Holding Pte. Ltd.
- Third Point Reinsurance Ltd. (company) — Former name of SiriusPoint Ltd.
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 2?
The filing does not specify the exact percentage or number of shares changed in this amendment, only that it is an amendment to the Schedule 13D.
When was the previous filing made by CMIG International Holding Pte. Ltd. regarding SiriusPoint Ltd.?
The filing does not explicitly state the date of the previous filing, only that this is Amendment No. 2.
What is the primary business of SiriusPoint Ltd.?
SiriusPoint Ltd. is in the FIRE, MARINE & CASUALTY INSURANCE industry, with a Standard Industrial Classification code of 6331.
Where is SiriusPoint Ltd. headquartered?
SiriusPoint Ltd.'s business address is One World Trade Center, 285 Fulton Street, 47th Floor, New York, NY 10007.
Who is authorized to receive notices for CMIG International Holding Pte. Ltd. in this filing?
Cheryl Li, General Counsel, is the person authorized to receive notices.
Filing Stats: 1,116 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2024-11-26 16:41:55
Key Financial Figures
- $0.10 — e of Issuer) Common Shares, par value $0.10 per share (Title of Class of Securiti
Filing Documents
- d895872dsc13da.htm (SC 13D/A) — 44KB
- 0001193125-24-266153.txt ( ) — 46KB
(a) in Amendment No .1 is hereby amended and restated as follows
Item 5(a) in Amendment No .1 is hereby amended and restated as follows: (a) On the date of this Schedule 13D, the Reporting Persons may be deemed to beneficially own, in the aggregate, approximately 36.5% of the Common Shares outstanding. The calculation of the percentage of Common Shares beneficially owned by the Reporting Persons are based on the 161,866,867 Common Shares outstanding as of October 25, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q, which was filed with the SEC on October 31, 2024, plus 20,991,337 Common Shares issuable upon the exercise of the Warrants held by CM Bermuda. 3
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. Dated: November 26, 2024 CMIG INTERNATIONAL HOLDING PTE. LTD. By: /s/ Saw Meng Tee Name: Saw Meng Tee Title: Director CM BERMUDA LIMITED By: /s/ Li Hang, Cheryl Name: Li Hang, Cheryl Title: Director 4