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Lemonade | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-SoftBank Group Capital Ltd(17.1%)

SEC announcement ·  Feb 13 18:03
Summary by Moomoo AI
SoftBank Group Capital Ltd (SBGC), a company organized under the laws of England and Wales, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on February 13, 2024, indicating a significant ownership stake in Lemonade, Inc. According to the filing, SBGC holds 11,983,384 shares of Lemonade's common stock, which represents 17.1% of the company's class of securities as of November 2, 2023. This ownership percentage is based on 69,923,569 shares outstanding, as reported in Lemonade's Quarterly Report on Form 10-Q filed on November 3, 2023. The filing also notes that SBGC has sole voting and dispositive power over these shares, following the dissolution of a joint investment committee on March 31, 2023. The filing does not indicate any shared voting or dispositive power, suggesting that SBGC has complete control over its stake in Lemonade.
SoftBank Group Capital Ltd (SBGC), a company organized under the laws of England and Wales, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on February 13, 2024, indicating a significant ownership stake in Lemonade, Inc. According to the filing, SBGC holds 11,983,384 shares of Lemonade's common stock, which represents 17.1% of the company's class of securities as of November 2, 2023. This ownership percentage is based on 69,923,569 shares outstanding, as reported in Lemonade's Quarterly Report on Form 10-Q filed on November 3, 2023. The filing also notes that SBGC has sole voting and dispositive power over these shares, following the dissolution of a joint investment committee on March 31, 2023. The filing does not indicate any shared voting or dispositive power, suggesting that SBGC has complete control over its stake in Lemonade.
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