Hsieh Amends loanDepot Stake Filing
Ticker: LDI · Form: SC 13D/A · Filed: 2024-11-25T00:00:00.000Z
Sentiment: neutral
Topics: 13D-A, shareholder-filing, amendment
Related Tickers: LDI
TL;DR
Hsieh filed an amendment on his loanDepot stake. Watch for more details.
AI Summary
Anthony Hsieh, through an amendment filed on November 25, 2024, has updated his Schedule 13D filing concerning loanDepot, Inc. The filing indicates a change in the reporting person's beneficial ownership of the company's Class A Common Stock. Specific details regarding the nature of the change or the exact percentage of ownership are not provided in this excerpt, but it represents an amendment to a previous filing.
Why It Matters
This amendment signals a potential shift in significant shareholder interest or control, which could influence loanDepot's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to 13D filings often indicate significant changes in a major shareholder's position, which can lead to stock volatility.
Key Players & Entities
- Anthony Hsieh (person) — Reporting Person and beneficial owner of loanDepot, Inc. stock
- loanDepot, Inc. (company) — Subject company of the filing
- Covington & Burling LLP (company) — Legal counsel for the reporting person
FAQ
What is the specific nature of the change in beneficial ownership reported in this amendment?
The provided excerpt does not specify the exact nature of the change in beneficial ownership, only that an amendment (Amendment No. 12) to Schedule 13D was filed on November 25, 2024.
Who is the primary filer for this Schedule 13D/A?
The primary filer is Anthony Hsieh.
What is the CUSIP number for loanDepot, Inc. Class A Common Stock?
The CUSIP number for loanDepot, Inc. Class A Common Stock is 53946R106.
When was the event requiring this filing amendment?
The date of the event which requires filing of this statement is November 21, 2024.
What is the business address of loanDepot, Inc. as listed in the filing?
The business address of loanDepot, Inc. is 6561 Irvine Center Drive, Irvine, CA 92618.
Filing Stats: 1,210 words · 5 min read · ~4 pages · Grade level 7.5 · Accepted 2024-11-25 21:34:43
Key Financial Figures
- $0.001 — ares of Class A Common Stock, par value $0.001 per share (the “ Class A Common S
- $2.52 — ed Average Price 11/14/2024 146,072 $2.52 (1) 11/15/2024 123,759 $2.47 (2)
- $2.47 — 6,072 $2.52 (1) 11/15/2024 123,759 $2.47 (2) 11/18/2024 200,152 $2.4004 (3)
- $2.4004 — 3,759 $2.47 (2) 11/18/2024 200,152 $2.4004 (3) 11/19/2024 164,377 $2.332 (4)
- $2.332 — 152 $2.4004 (3) 11/19/2024 164,377 $2.332 (4) 11/20/2024 240,150 $2.274 (5)
- $2.274 — ,377 $2.332 (4) 11/20/2024 240,150 $2.274 (5) 11/21/2024 279,692 $2.3480 (6)
- $2.3480 — ,150 $2.274 (5) 11/21/2024 279,692 $2.3480 (6) 11/22/2024 198,197 $2.3797 (7)
- $2.3797 — 692 $2.3480 (6) 11/22/2024 198,197 $2.3797 (7) 11/25/2024 359,666 $2.4550 (8)
- $2.4550 — 197 $2.3797 (7) 11/25/2024 359,666 $2.4550 (8) 1. The shares were sold in multip
- $2.465 — ple transactions at prices ranging from $2.465 to $2.605. 2. The shares were sold in
- $2.605 — ctions at prices ranging from $2.465 to $2.605. 2. The shares were sold in multiple
- $2.42 — ple transactions at prices ranging from $2.42 to $2.545. 3. The shares were sold in
- $2.545 — actions at prices ranging from $2.42 to $2.545. 3. The shares were sold in multiple
- $2.35 — ple transactions at prices ranging from $2.35 to $2.45. 4. The shares were sold in
- $2.45 — actions at prices ranging from $2.35 to $2.45. 4. The shares were sold in multiple
Filing Documents
- e24453_ldi-sc13da.htm (SC 13D/A) — 49KB
- 0001552781-24-000616.txt ( ) — 50KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this amendment is true, complete and correct. Anthony Li Hsieh By: /s/ Anthony Li Hsieh Dated: November 25, 2024