SCHEDULE 13G/A: Major Investor Paul S. Levy and GPV Loar LLC Maintain 10% Stake in Loar Holdings Inc.
Beneficial Ownership Report Amendment
Paul S. Levy and GPV Loar LLC have filed an amended Schedule 13G, confirming their beneficial ownership of 10% of Loar Holdings Inc.'s common stock as of December 31, 2024.
Summary
- GPV Loar LLC and Paul S. Levy are the reporting persons for this Schedule 13G Amendment No. 1.
- The filing pertains to their beneficial ownership of Common Stock, par value $0.01 per share, of Loar Holdings Inc.
- As of December 31, 2024, the reporting persons beneficially own an aggregate of 9,357,002 shares of Loar Holdings Inc. common stock.
- This ownership represents 10.0% of the class, calculated based on 93,556,071 outstanding shares of common stock immediately following the Issuer's offering as of December 12, 2024, as stated in the Issuer's Prospectus.
- Paul S. Levy is the sole Manager of GPV Loar LLC, and the shares reported for GPV Loar LLC are beneficially owned by Mr. Levy.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's operational or financial performance.
Positives
- Confirmation that GPV Loar LLC and Paul S. Levy continue to hold a significant 10% beneficial ownership stake in Loar Holdings Inc., indicating continued investor presence.
Negatives
- The document does not contain any negative information regarding the company's operations or financial performance, as it is solely an ownership disclosure.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction, as it is solely an ownership disclosure.
Industry Context
This filing is a routine disclosure of significant beneficial ownership, which provides transparency regarding major shareholders in Loar Holdings Inc. It does not offer insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant ownership stakes, which can influence market perception and corporate control dynamics.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of Issuer's Prospectus filing with the SEC, stating 93,556,071 outstanding shares of common stock. |
| 12/31/2024 | Date of event which requires the filing of this statement. |
| 02/14/2025 | Signature date of the Schedule 13G Amendment. |
Keywords
Loar Holdings Inc., GPV Loar LLC, Paul S. Levy, Schedule 13G, beneficial ownership, common stock, SEC filing, institutional investor
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