SCHEDULE 13G: Goldman Sachs Discloses 5.1% Stake in GAN Limited
Beneficial Ownership Report
The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC have disclosed a beneficial ownership of 5.1% in GAN Limited, totaling 2,312,597 ordinary shares.
Summary
- The Goldman Sachs Group, Inc. and its subsidiary, Goldman Sachs & Co. LLC, have filed a Schedule 13G indicating beneficial ownership in GAN Limited.
- As of December 31, 2024, the reporting persons collectively beneficially own 2,312,597 ordinary shares of GAN Limited.
- This ownership represents 5.1% of GAN Limited's outstanding ordinary shares.
- Both entities report shared voting power and shared dispositive power over all 2,312,597 shares, with no sole voting or dispositive power.
- The filing is made under Rule 13d-1(b), certifying that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of GAN Limited.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing (Schedule 13G) disclosing beneficial ownership, which is neutral in tone. It does not contain subjective statements or performance metrics that would indicate positive or negative sentiment.
Future Outlook
NA
Industry Context
This filing indicates a significant institutional investment firm, Goldman Sachs, has taken a notable stake in GAN Limited, a company operating in the online gaming and sports betting technology sector. Such disclosures provide transparency into major investor positions, which can sometimes signal confidence or strategic interest in the company or its industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, potentially influencing market perception and liquidity.
- Management: Awareness of a major institutional shareholder's position, though the filing states the stake is not for control purposes.
Key Dates
| Date | Description |
|---|---|
| 2023-12-01 | Superseded Power of Attorney granted by Goldman Sachs & Co. LLC. |
| 2024-02-09 | Superseded Power of Attorney granted by The Goldman Sachs Group, Inc. |
| 2024-07-29 | Date of subscription for the Power of Attorney for The Goldman Sachs Group, Inc. |
| 2024-10-01 | Date of subscription for the Power of Attorney for Goldman Sachs & Co. LLC. |
| 2024-12-31 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 2025-01-28 | Date of signing for the Schedule 13G filing by both Goldman Sachs entities. |
| 2025-07-29 | Expiration date of the Power of Attorney for The Goldman Sachs Group, Inc. |
| 2025-10-01 | Expiration date of the Power of Attorney for Goldman Sachs & Co. LLC. |
Keywords
GAN Limited, Goldman Sachs, Schedule 13G, Beneficial Ownership, SEC Filing, Ordinary Shares, Institutional Investor, Public Disclosure
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