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Shopify | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Shopify Inc.(13.3%),Shopify International Limited(13.3%)

SEC announcement · Feb 13 16:38

SHOP +3.42%

Summary by Moomoo AI

Shopify Inc. and its wholly owned subsidiary, Shopify International Limited, have jointly filed an amendment to Schedule 13G, indicating a significant ownership stake in Global-E Online Ltd. As of December 31, 2023, the filing reports that Shopify International Limited beneficially owns 21,858,282 Ordinary Shares of Global-E Online Ltd., which represents 13.3% of the company's issued and outstanding equity. The shares include direct ownership and warrants exercisable within 60 days. Shopify Inc., headquartered in Canada, and Shopify International Limited, based in Ireland, have agreed not to exercise voting power in excess of 9.7% of Global-E Online's equity. The filing, dated February 13, 2024, asserts that the shares were not acquired for the purpose of changing or influencing the control of Global-E Online Ltd.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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