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MongoDB | SC 13G: Statement of acquisition of beneficial ownership by individuals-Jennison Associates LLC(5.3%)

SEC announcement ·  Feb 8 14:11
Summary by Moomoo AI
On December 31, 2023, Jennison Associates LLC filed a Schedule 13G with the Securities and Exchange Commission, disclosing a 5.3% ownership stake in MongoDB, Inc., amounting to 3,856,857 shares of Class A Common Stock. Jennison Associates, a Delaware-based investment adviser, reported sole voting power over 3,565,410 shares and shared dispositive power over 3,856,857 shares. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of MongoDB. Prudential Financial, Inc., which indirectly owns 100% of Jennison Associates, may also be deemed to have influence over the shares held by Jennison's managed portfolios. The disclosure was made as per Rule 13d-1(b) and does not constitute an admission of beneficial ownership for Sections 13 or 16 of the Securities Exchange Act of 1934.
On December 31, 2023, Jennison Associates LLC filed a Schedule 13G with the Securities and Exchange Commission, disclosing a 5.3% ownership stake in MongoDB, Inc., amounting to 3,856,857 shares of Class A Common Stock. Jennison Associates, a Delaware-based investment adviser, reported sole voting power over 3,565,410 shares and shared dispositive power over 3,856,857 shares. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of MongoDB. Prudential Financial, Inc., which indirectly owns 100% of Jennison Associates, may also be deemed to have influence over the shares held by Jennison's managed portfolios. The disclosure was made as per Rule 13d-1(b) and does not constitute an admission of beneficial ownership for Sections 13 or 16 of the Securities Exchange Act of 1934.
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