SCHEDULE: GIC Entities Report 4.8% Stake in Amplitude

GIC Private Ltd and its affiliates have reported a 4.8% beneficial ownership stake in Amplitude, Inc., primarily through convertible Class B common stock.

Summary

• GIC Private Ltd, GIC Special Investments Private Limited, and Jasmine Ventures Pte. Ltd. are the reporting persons for this beneficial ownership statement.
• The reporting persons collectively beneficially own 4,977,818 shares of Amplitude, Inc.'s Class B common stock.
• This ownership represents 4.8% of Amplitude's Class A common stock, calculated assuming the conversion of all Class B shares held by the reporting persons.
• Each share of Class B common stock is convertible into one share of Class A common stock at the holder's option.
• The percentage of class is based on 98,795,586 Class A common stock shares outstanding as of May 2, 2025, as reported in Amplitude's Form 10-Q for the quarterly period ended March 31, 2025, plus the 4,977,818 Class B shares.
• GIC Special Investments Pte. Ltd. is wholly owned by GIC Private Limited, which in turn is wholly owned by the Government of Singapore.
• The Government of Singapore disclaims beneficial ownership of these shares.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of beneficial ownership by a significant institutional investor, indicating continued confidence in the company without revealing new operational or financial performance data. It is neutral to slightly positive due to the confirmed institutional stake.

Positives

• The continued beneficial ownership by GIC Private Ltd and its affiliates, a major sovereign wealth fund, signals ongoing institutional confidence in Amplitude, Inc.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Amplitude, Inc.'s future performance or outlook.

Industry Context

This filing highlights continued institutional investment in the software and analytics sector, with a major sovereign wealth fund maintaining a significant stake in a data analytics platform company like Amplitude, Inc. It reflects ongoing interest in companies providing tools for product growth and customer understanding.

Stakeholder Impact

• Shareholders may view the continued significant stake by a reputable institutional investor like GIC as a positive signal of long-term confidence in Amplitude, Inc.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of beneficial ownership by GIC Private Ltd and its affiliates, indicating their continued stake in Amplitude, Inc. It does not contain new financial performance data, strategic updates, or material changes that would warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as the filing confirms existing institutional interest without providing new catalysts for a 'buy' or 'sell' decision.

Keywords

Amplitude, GIC, beneficial ownership, Schedule 13G, Class A common stock, Class B common stock, institutional investment, Singapore, equity stake