Goldman Sachs Updates Mirion Technologies Stake

Ticker: MIR · Form: SC 13D/A · Filed: Nov 13, 2024

Sentiment: neutral

Topics: shareholder-filing, ownership-change

Related Tickers: MIR

TL;DR

GSAM Holdings LLC filed a 13D/A for Mirion Technologies, Inc. - ownership update.

AI Summary

Goldman Sachs Group Inc. (GSAM Holdings LLC) filed an amendment (No. 8) to its Schedule 13D on November 13, 2024, regarding its holdings in Mirion Technologies, Inc. The filing indicates a change in the beneficial ownership of Mirion's Class A Common Stock. Specific details on the exact percentage change or new ownership stake are not immediately available in this excerpt, but the amendment signifies an update to GSAM Holdings LLC's reporting obligations.

Why It Matters

This filing signals a potential shift in the ownership structure of Mirion Technologies, Inc., which could influence its stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Changes in significant shareholder filings can indicate shifts in investment strategy or potential future corporate actions, warranting attention.

Key Players & Entities

FAQ

What specific change in beneficial ownership is reported in this amendment?

The filing is an amendment (No. 8) to Schedule 13D, indicating a change in beneficial ownership, but the exact details of the change are not provided in this excerpt.

Who is the filing entity for this Schedule 13D/A?

The filing entity is Goldman Sachs Group Inc., specifically through GSAM Holdings LLC.

What is the subject company of this filing?

The subject company is Mirion Technologies, Inc.

When was this amendment filed?

This amendment was filed on November 13, 2024.

What is the CUSIP number for Mirion Technologies, Inc. Class A Common Stock?

The CUSIP number for Mirion Technologies, Inc. Class A Common Stock is 60471A101.

Filing Stats: 1,292 words · 5 min read · ~4 pages · Grade level 12.8 · Accepted 2024-11-13 18:42:31

Key Financial Figures

Filing Documents

is hereby amended by the addition of the following

Item 4 is hereby amended by the addition of the following: On November 12, 2024 , the vesting conditions were satisfied in respect of the second of three tranches of the Founder Shares of Class A Common Stock previously reported in the Initial Filing. In connection with such vesting, Employee Participation 1 LLC expects to distribute 441,666 shares of Class A Common Stock to its members and Employee Participation 2 LLC expects to distribute 549,474 shares of Class A Common Stock to its members, in each case for no consideration. Further upon such vesting, Sponsor expects to distribute 5,258,856 shares of Class A Common Stock to its members for no consideration. Each of Goldman Sachs and GS Group will have ceased to beneficially own such shares of Class A Common Stock upon such distributions, except for 3,233,856 shares of Class A Common Stock to be distributed to Holdings. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

(a), (b), (c) is hereby amended and restated as follows

Item 5(a), (b), (c) is hereby amended and restated as follows: (a) and (b) The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Schedule 13D gives effect to the share distributions described in Item 4 and is incorporated by reference into this Item 5. The percentage beneficial ownership reported herein by each Reporting Person is based on 225,500,094 shares of Class A Common Stock outstanding as of October 25, 2024, as reflected in the Form 10-Q filed by the Issuer with the SEC on October 30, 2024. Each of Goldman Sachs and GS Group may be deemed to beneficially own 12,387,666 shares of Class A Common Stock, constituting 5.5% of the outstanding shares of Class A Common Stock. Each of Goldman Sachs and GS Group may be deemed to have shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, (i) 5,341,655 shares of Class A Common Stock held by Sponsor, (ii) 441,668 shares of Class A Common Stock of which Employee Participation 1 LLC is the record owner, (iii) 466,684 shares of Class A Common Stock of which Employee Participation 2 LLC is the record clients. (c) Except as described in Item 4, including the completion of the distributions described in Item 4 as set forth in Amendment No. 7, neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the persons listed on Schedule A, Schedule B or Schedule C, effected any transactions in the Class A Common Stock since the date of Amendment No. 7. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Dated: November 13, 2024 THE GOLDMAN SACHS GROUP, INC.

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