JPMorgan Chase Discloses Passive Stake in Perimeter Solutions

TL;DR

**JPMorgan Chase just revealed a passive stake in Perimeter Solutions, signaling institutional interest.**

AI Summary

JPMorgan Chase & Co. filed an SC 13G on January 12, 2024, reporting its ownership of Ordinary Shares in Perimeter Solutions, SA, as of December 29, 2023. This filing indicates that JPMorgan Chase & Co. holds a significant, but passive, stake in Perimeter Solutions, SA, a company in the chemicals and allied products industry. This matters to investors because it signals a major financial institution's confidence in Perimeter Solutions, SA, potentially indicating stability or future growth prospects for the stock.

Why It Matters

A major financial institution like JPMorgan Chase & Co. taking a position in Perimeter Solutions, SA can be seen as a vote of confidence, potentially attracting other institutional investors.

Risk Assessment

Risk Level: low — This filing is routine for large institutional investors and doesn't indicate any immediate negative risks for the company or its shareholders.

Analyst Insight

Investors should note the presence of a major institutional holder like JPMorgan Chase & Co. as a potential indicator of long-term stability, but should conduct further due diligence on Perimeter Solutions, SA's fundamentals before making investment decisions.

Key Players & Entities

• JPMorgan Chase & Co. (company) — the entity filing the SC 13G, reporting its ownership
• Perimeter Solutions, SA (company) — the subject company whose shares are being reported
• $1.00 (dollar_amount) — nominal value per Ordinary Share of Perimeter Solutions, SA
• December 29, 2023 (date) — the date of the event which required the filing of this statement
• January 12, 2024 (date) — the date the SC 13G filing was made

FAQ

Key Financial Figures

• $1.00 — Issuer) Ordinary Shares, nominal value $1.00 per share (Title of Class of Securiti

Filing Documents

• PERIMETER_SOLUTIONS_SA.htm (SC 13G) — 86KB
• 0000019617-24-000056.txt ( ) — 88KB

From the Filing

SC 13G 1 PERIMETER_SOLUTIONS_SA.htm FILING PERIMETER SOLUTIONS, SA Schedule 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* PERIMETER SOLUTIONS, SA (Name of Issuer) Ordinary Shares, nominal value $1.00 per share (Title of Class of Securities) L7579L106 (CUSIP Number) December 29, 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: x Rule 13d-1(b) o Rule 13d-1(c) o 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. L7579L106 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 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 7,865,121 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 8,337,484 8 SHARED DISPOSITIVE POWER 135 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,359,619 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer PERIMETER SOLUTIONS, SA (b) Address of Issuer's Principal Executive Offices 12E rue Guillaume Kroll, L-1882 Luxembourg Grand Duchy of Luxembourg 352 2668 62-1 Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Ordinary Shares, nominal value $1.00 per share (e) CUSIP Number L7579L106 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) o 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) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o 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) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o 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: 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: 8,359,619 (b) Percent of class: 5.4 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 7,865,121 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 8,337,484 (iv) Shared power to dispose or to direct the disposition of: 135 Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o . Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Trust Company of Delaware J.P. Morgan S