AMZN.NASDAQAmazon Com INC

SCHEDULE 13G/A: Amazon.com, Inc. Reports Zero Beneficial Ownership in Air Transport Services Group Following Merger Completion

Sentiment:

Ownership Change Filing


Amazon.com, Inc. has filed an amended Schedule 13G, confirming it no longer holds any beneficial ownership in Air Transport Services Group, Inc. after the latter's merger with Stonepeak Nile MergerCo Inc.

Summary

  • Amazon.com, Inc. filed Amendment No. 13 to its Schedule 13G regarding its beneficial ownership in Air Transport Services Group, Inc. (ATSG).
  • As of April 11, 2025, Amazon's beneficial ownership in ATSG is 0 shares, representing 0% of the class of securities.
  • This change resulted from the merger of Stonepeak Nile MergerCo Inc., a wholly-owned subsidiary of Stonepeak Nile Parent LLC, with and into ATSG.
  • Upon the merger's consummation, ATSG became a wholly-owned subsidiary of the Acquiror.
  • All shares of ATSG common stock previously owned by Amazon were converted into the right to receive $22.50 cash per share, without interest.
  • All warrants held by Amazon were also converted into the right to receive the Merger Consideration, became vested (if not already), and were mandatorily exercised by ATSG on a cashless net exercise basis for the Merger Consideration.

Sentiment

Score: 5

Explanation: The document is a factual report of a completed corporate transaction (merger) and a resulting change in beneficial ownership. It does not contain positive or negative operational news, but rather confirms an expected outcome.

Positives

  • Amazon successfully exited its investment in Air Transport Services Group, Inc. through the merger.
  • Amazon's shares and warrants were converted into cash at a specified value of $22.50 per share.

Future Outlook

NA

Industry Context

This filing reflects the completion of a significant corporate transaction (merger) involving Air Transport Services Group, Inc., leading to a change in its ownership structure and the divestment of a major strategic investor, Amazon.com, Inc. This is a company-specific event rather than a broad industry trend.

Stakeholder Impact

  • Shareholders of Air Transport Services Group, Inc. (including Amazon) received $22.50 cash per share for their common stock and warrants as a result of the merger.

Key Dates

DateDescription
04/11/2025Date of event which requires filing of this statement (Merger consummation)
04/14/2025Date of filing signature by Amazon.com, Inc.

Keywords

Amazon.com Inc., Air Transport Services Group Inc., ATSG, Schedule 13G, beneficial ownership, merger, Stonepeak Nile MergerCo Inc., common stock, warrants, divestment, SEC filing

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