SCHEDULE 13G/A: Coupang Founder Bom Kim Discloses 9.1% Beneficial Ownership Stake in Class A Common Stock
Beneficial Ownership Report (Schedule 13G Amendment)
Coupang, Inc. founder Bom Kim has filed an amended Schedule 13G, disclosing a beneficial ownership of 9.1% of the company's Class A Common Stock as of December 31, 2024.
Summary
- Bom Kim, the founder of Coupang, Inc., reported beneficial ownership of 164,410,881 shares of the Issuer's Class A Common Stock.
- This aggregate amount represents 9.1% of the Class A Common Stock outstanding.
- The ownership includes 157,802,990 shares of Class B Common Stock held of record by Mr. Kim.
- Additionally, it includes 6,607,891 shares of Class B Common Stock subject to an option exercisable within 60 days of December 31, 2024.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the holder's option and carries 29 votes per share, compared to one vote per Class A share.
- Mr. Kim holds sole voting and sole dispositive power over all 164,410,881 beneficially owned shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of significant beneficial ownership by a company's founder, Bom Kim, in Coupang, Inc., a major e-commerce player. It does not provide broader industry trends or competitive analysis but highlights the continued significant stake of a key insider.
Stakeholder Impact
- Shareholders: Provides transparency regarding the significant ownership stake held by the company's founder, Bom Kim, which can influence perceptions of insider alignment and control.
- Investors: Offers clarity on the voting power structure due to the Class B Common Stock's superior voting rights (29 votes per share).
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership calculation date) |
| 02/14/2025 | Date of filing of this Schedule 13G Amendment No. 3 |
Keywords
Coupang, Bom Kim, Schedule 13G, Beneficial Ownership, Class A Common Stock, Class B Common Stock, SEC Filing, Shareholder Disclosure, E-commerce
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