SC 13G: Cinemark Holdings, Inc.
Ticker: CNK · Form: SC 13G · Filed: 2024-05-24T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by Cinemark Holdings, Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,535 words · 6 min read · ~5 pages · Grade level 10.6 · Accepted 2024-05-24 16:42:50
Key Financial Figures
- $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
Filing Documents
- t74523884a.htm (SC 13G) — 59KB
- t74523884b.htm (EX-99.1) — 8KB
- 0000899140-24-000640.txt ( ) — 69KB
(a) : Name of Issuer
Item 1(a) : Name of Issuer : Cinemark Holdings, Inc. (the " Issuer ").
(b) : Address of Issuer's Principal Executive Offices
Item 1(b) : Address of Issuer's Principal Executive Offices : The Issuer's principal executive offices are located at 3900 Dallas Parkway, Plano, Texas 75093.
(a) : Name of Person Filing
Item 2(a) : Name of Person Filing : (i) Third Point LLC, a Delaware limited liability company (the "Management Company"), which serves as investment manager or adviser to a variety of hedge funds and managed accounts (all such funds and accounts, collectively, the "Funds"), with respect to shares of Common Stock (as defined in Item 2(d)) directly owned by the Funds; and (ii) Mr. Daniel S. Loeb ("Mr. Loeb"), who is the Chief Executive Officer of the Management Company and controls its business activities, with respect to shares of Common Stock indirectly beneficially owned by Mr. Loeb by virtue of such position. The Management Company and Mr. Loeb are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
(b) : Address of Principal Business Office or, if None, Residence
Item 2(b) : Address of Principal Business Office or, if None, Residence : The address of the principal business office of the Management Company and Mr. Loeb is 55 Hudson Yards, New York, New York 10001.
(c) : Citizenship
Item 2(c) : Citizenship : The Management Company is organized as a limited liability company under the laws of the State of Delaware. Mr. Loeb is a United States citizen.
(d) : Title of Class of Securities
Item 2(d) : Title of Class of Securities : Common Stock, par value $0.001 per share (" Common Stock ").
(e) : CUSIP Number
Item 2(e) : CUSIP Number : 17243V102 . Item 3: If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a : A. [ ] Broker or dealer registered under Section 15 of the Act, B. [ ] Bank as defined in Section 3(a)(6) of the Act, C. [ ] Insurance Company as defined in Section 3(a)(19) of the Act, D. [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940, E. [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E), F. [ ] Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F), G. [ ] Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G), H. [ ] Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, I. [ ] Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940, J. [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
: Ownership
Item 4 : Ownership: A. Third Point LLC (a) Amount beneficially owned: 7,000,000 shares of Common Stock. (b) Percent of class: 5.72%. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 122,346,365 shares of Common Stock issued and outstanding as of the close of business on April 26, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 2, 2024. Except as described in the preceding sentence, all amounts reported in this Schedule 13G are as of the close of business on May 24, 2024. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 7,000,000 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 7,000,000 B. Daniel S. Loeb (a) Amount beneficially owned: 7,000,000 shares of Common Stock. (b) Percent of class: 5.72%. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 122,346,365 shares of Common Stock issued and outstanding as of the close of business on April 26, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 2, 2024. Except as described in the preceding sentence, all amounts reported in this Schedule 13G are as of the close of business on May 24, 2024. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 7,000,000 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 7,000,000
: Ownership of Five Percent or Less of a Class
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 5 percent of the class of securities, check the following:
: Ownership of More than Five Percent on Behalf of Another Person
Item 6 : Ownership of More than Five Percent on Behalf of Another Person : Other than as set forth herein, no other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities reported herein. Item 7 : Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company : Not applicable.
: Identification and Classification of Members of the Group
Item 8 : Identification and Classification of Members of the Group : Not applicable.
: Notice of Dissolution of Group
Item 9 : Notice of Dissolution of Group : Not applicable.
: Certification
Item 10 : Certification : By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. [Signatures on following page] SIGNATURE 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: May 24, 2024 THIRD POINT LLC By: Daniel S. Loeb, Chief Executive Officer By: /s/ Jana Tsilman Name: Jana Tsilman Title: Attorney-in-Fact DANIEL S. LOEB By: /s/ Jana Tsilman Name: Jana Tsilman Title: Attorney-in-Fact EXHIBIT INDEX Exhibit 99.1: Joint Filing Agreement, dated May 24, 2024, by and between Third Point LLC and Daniel S. Loeb. Exhibit 99.2: Power of Attorney granted by Daniel S. Loeb in favor of Jana Tsilman and Joshua L. Targoff, dated February 9, 2024, which was previously filed with the SEC on February 13, 2024 as Exhibit 99.2 to the Schedule 13G/A filed by Third Point LLC and Daniel S. Loeb with respect to Global Blue Group Holding AG and is incorporated herein by reference.