SC 13G/A: Stagwell Inc
Ticker: STGW · Form: SC 13G/A · Filed: Sep 17, 2024 · CIK: 876883
| Field | Detail |
|---|---|
| Company | Stagwell INC (STGW) |
| Form Type | SC 13G/A |
| Filed Date | Sep 17, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Stagwell Inc.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Stagwell INC (ticker: STGW) to the SEC on Sep 17, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.001 (suer) Class A Common Stock, par value $0.001 per share (Title of Class of Securiti).
How long is this filing?
Stagwell INC's SC 13G/A filing is 4 pages with approximately 1,181 words. Estimated reading time is 5 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,181 words · 5 min read · ~4 pages · Grade level 9.1 · Accepted 2024-09-17 16:00:36
Key Financial Figures
- $0.001 — suer) Class A Common Stock, par value $0.001 per share (Title of Class of Securiti
Filing Documents
- hotchkiswiley-stgw123123a2.htm (SC 13G/A) — 53KB
- 0001172661-24-004086.txt ( ) — 55KB
(a)Name of Issuer
Item 1. (a)Name of Issuer Stagwell Inc. (b)Address of Issuer's Principal Executive Offices One World Trade Center, Floor 65 New York, New York 10007
(a)Name of Person Filing
Item 2. (a)Name of Person Filing Hotchkis and Wiley Capital Management, LLC (b)Address of Principal Business Office, or, if none, Residence 601 S. Figueroa Street, 39th Fl Los Angeles, CA 90017 (c)Citizenship Delaware (d)Title of Class of Securities Class A Common Stock, par value $0.001 per share (e) CUSIP No.: 85256A109 CUSIP No. 85256A109 SCHEDULE 13G/A Page 4 of 6 Pages
If
Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 85256A109 SCHEDULE 13G/A Page 5 of 6 Pages Item 4.Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 20,266,750 (b) Percent of class: 16.80%* (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 18,214,450 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 20,266,750 (iv) Shared power to dispose or to direct the disposition of: 0 Note that certain of HWCM's clients have retained voting power over the Common Shares that they beneficially own. Accordingly, H