SCHEDULE 13G/A: TD Securities (USA) LLC Discloses 2.5% Stake in AlphaVest Acquisition Corp via Amended SEC Filing

TD Securities (USA) LLC, as successor in interest to Cowen and Company, LLC, has filed an amendment to its Schedule 13G, reporting beneficial ownership of 2.5% of AlphaVest Acquisition Corp's Ordinary Shares as of December 31, 2024.

Summary

• COWEN AND COMPANY, LLC, now succeeded by TD Securities (USA) LLC, filed an Amendment No. 1 to Schedule 13G.
• The filing reports beneficial ownership of Ordinary Shares of AlphaVest Acquisition Corp, par value $0.0001 per share, with CUSIP G0283A124.
• As of December 31, 2024, the reporting person beneficially owned an aggregate amount of 10,000 shares.
• This represents 2.5% of the class of AlphaVest Acquisition Corp's Ordinary Shares.
• The reporting person, identified as a broker or dealer (BD), holds sole voting power over 10,000 shares and sole dispositive power over 10,000 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of beneficial ownership, with no positive or negative implications for the issuer's performance or outlook.

Future Outlook

NA

Industry Context

NA

Management Changes

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional shareholder's stake in the company.

Key Dates

Keywords

AlphaVest Acquisition Corp, COWEN AND COMPANY, LLC, TD Securities (USA) LLC, Schedule 13G, Beneficial Ownership, SEC Filing, Ordinary Shares, Broker-Dealer, Investment Firm