SCHEDULE 13G: Timothy Nguyen and Affiliates Disclose Significant 17.2% Stake in MeridianLink, Inc.

Timothy Nguyen, along with SCML, LLC and KCD30, LLC, has disclosed a combined beneficial ownership of 17.2% of MeridianLink, Inc.'s common stock as of December 31, 2021.

Summary

• Timothy Nguyen, SCML, LLC, and KCD30, LLC collectively reported beneficial ownership of 13,738,892 shares of MeridianLink, Inc. common stock.
• This aggregate ownership represents 17.2% of the company's outstanding common stock, based on 79,734,984 shares outstanding as of December 31, 2021, as reported in the Issuer's Form 10-K filed on March 10, 2022.
• SCML, LLC holds 11,067,120 shares, representing 13.9% of the class, with Apichat Treerojporn as its sole manager holding sole voting and dispositive powers.
• KCD30, LLC holds 2,671,772 shares, representing 3.4% of the class, with Timothy Nguyen as its sole manager holding sole voting and dispositive powers.
• Timothy Nguyen is deemed the beneficial owner of the securities held by SCML, LLC due to family trusts, in addition to his direct control over KCD30, LLC's shares, resulting in his total beneficial ownership of 13,738,892 shares.

Sentiment

Score: 7

Explanation: The disclosure of a significant passive ownership stake by an individual associated with the company (Timothy Nguyen, potentially an insider or founder given the context of the LLCs and family trusts) is generally a positive signal, indicating confidence in the company. However, the document provides no operational or financial performance details to assess broader company health.

Positives

• Disclosure of a significant beneficial ownership stake (17.2%) by Timothy Nguyen and related entities, indicating a substantial, passive investment interest in MeridianLink, Inc.
• The filing is a Schedule 13G, which signifies a passive investment intent, meaning the reporting persons do not intend to influence or change control of the issuer.

Future Outlook

The Schedule 13G filing does not contain forward-looking statements or guidance regarding MeridianLink, Inc.'s future performance or strategic direction, as its purpose is solely to disclose beneficial ownership.

Industry Context

This filing is a standard disclosure of a significant passive ownership stake in MeridianLink, Inc., a company likely operating in the financial technology or software sector. Such disclosures are common for publicly traded companies and provide transparency regarding major shareholders, indicating a substantial, non-controlling investment.

Related Party Transactions

• Timothy Nguyen is deemed a beneficial owner of shares held by SCML, LLC, which are held for the benefit of his family trusts, indicating a related party relationship between Mr. Nguyen and SCML, LLC's holdings.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant beneficial owner, which can offer confidence or insight into the ownership structure of the company.

Key Dates

Keywords

MeridianLink Inc., MLNK, Schedule 13G, Beneficial Ownership, Timothy Nguyen, SCML LLC, KCD30 LLC, Common Stock, SEC Filing, Institutional Ownership