Blackstone Files 13D/A Amendment for Bumble Inc.
Ticker: BMBL · Form: SC 13D/A · Filed: Mar 5, 2024 · CIK: 1830043
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
Related Tickers: BMBL
TL;DR
Blackstone updated its Bumble stake filing on 3/5/24. Watch for ownership changes.
AI Summary
Blackstone Inc. and its affiliates, through various entities like BCP BUZZ HOLDINGS L.P., have filed an amendment to their Schedule 13D concerning Bumble Inc. The filing, dated March 5, 2024, indicates a change in beneficial ownership, though specific new holdings or disposal details are not immediately clear from the provided text. This amendment likely relates to ongoing strategic adjustments or reporting requirements for significant stakeholders.
Why It Matters
This filing signals a potential shift in the ownership structure or investment strategy of a major stakeholder in Bumble Inc., which could influence the company's future direction and stock performance.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings by large investment firms can indicate strategic shifts that may impact a company's stock price.
Key Players & Entities
- Blackstone Inc. (company) — Filing entity and its affiliates
- Bumble Inc. (company) — Subject company of the filing
- BCP BUZZ HOLDINGS L.P. (company) — Affiliated entity filing the amendment
- 20240305 (date) — Date of filing and change
FAQ
What specific change in beneficial ownership is reported in this SC 13D/A filing for Bumble Inc.?
The provided text is an excerpt of the filing header and does not detail the specific changes in beneficial ownership. It only indicates that an amendment to the Schedule 13D has been filed by Blackstone Inc. and its affiliates on March 5, 2024.
Which entities are listed as group members in this filing related to Blackstone?
The filing lists numerous group members including BCP BUZZ HOLDINGS L.P., BLACKSTONE INC., BLACKSTONE GROUP MANAGEMENT L.L.C., and many other Blackstone-affiliated entities.
What is the filing date and the date as of change for this SC 13D/A?
The filing date and the date as of change are both March 5, 2024 (20240305).
What is the accession number for this SEC filing?
The accession number for this filing is 0001193125-24-059445.
Does this filing indicate a sale or purchase of Bumble Inc. shares by Blackstone?
The provided text is a header and does not contain the details of the transaction. It only states that it is an amendment to a Schedule 13D, implying a change in beneficial ownership that needs to be reported.
Filing Stats: 4,647 words · 19 min read · ~15 pages · Grade level 15.2 · Accepted 2024-03-05 17:53:30
Key Financial Figures
- $0.01 — suer) Class A Common Stock, par value $0.01 per share (Title of Class of Securiti
Filing Documents
- d787619dsc13da.htm (SC 13D/A) — 697KB
- 0001193125-24-059445.txt ( ) — 701KB
From the Filing
SC 13D/A 1 d787619dsc13da.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. 6)* Bumble Inc. (Name of Issuer) Class A Common Stock, par value $0.01 per share (Title of Class of Securities) 12047B105 (CUSIP Number) John G. Finley Blackstone Inc. 345 Park Avenue New York, New York 10154 Tel: (212) 583-5000 with a copy to: Joshua Ford Bonnie William R. Golden III Simpson Thacher & Bartlett LLP 900 G Street, N.W. Washington, D.C. 20001 Tel: (202) 636-5500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 3, 2024 (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 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * 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). CUSIP No. 12047B105 1 NAMES OF REPORTING PERSONS BX Buzz ML-1 Holdco L.P. 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 Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,311,478 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,311,478 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,311,478 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.0% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN 2 CUSIP No. 12047B105 1 NAMES OF REPORTING PERSONS BX Buzz ML-2 Holdco L.P. 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 Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 18,045,239 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 18,045,239 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,045,239 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.2% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN 3 CUSIP No. 12047B105 1 NAMES OF REPORTING PERSONS BX Buzz ML-3 Holdco L.P. 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 Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 2,929,491 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 2,929,491 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,929,491 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.3% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN 4 CUSIP No. 12047B105 1 NAMES OF REPORTING PERSONS BX Buzz ML-4 Holdco L.P. 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 Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 7,817,100 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 7,817,100 10 SHARED DISPOSITIVE POWER 0 11 AGGRE