Bumble INC Schedule 13D activist filings

Blackstone Inc. and its affiliates have reduced their stake in Bumble Inc. following the settlement of forward transactions at a price of $3.7751 per share.

Blackstone entities have settled the first quarterly calculation period of their Forward Transactions for Bumble Inc. Class A Common Stock, resulting in the sale of over 7.4 million shares at $3.51 per share.

Blackstone entities have entered into forward sale agreements with UBS AG to divest their entire 28.9% stake in Bumble Inc. Class A Common Stock.

Bumble Inc. has terminated its Tax Receivable Agreement with Beehive Entities for an $8.2 million settlement, simplifying its financial structure.

Blackstone entities have terminated their Tax Receivable Agreement with Bumble Inc. for a $170 million settlement and converted over 16.5 million Common Units into Class A Common Stock.

Bumble Inc. founder Whitney Wolfe Herd and affiliated entities have updated their beneficial ownership, revealing recent share sales while affirming ongoing investment and management involvement.

Blackstone entities sold over 16.6 million Bumble Class A shares for approximately $104.5 million, reducing their beneficial ownership to 29.2%.