SCHEDULE 13G/A: Timothy Nguyen and Affiliates Update Significant 15.8% Stake in MeridianLink, Inc.

Timothy Nguyen, along with SCML, LLC and KCD30, LLC, has filed an Amendment No. 1 to Schedule 13G, updating their combined beneficial ownership to 15.8% of MeridianLink, Inc.'s common stock as of September 30, 2024.

Summary

• Timothy Nguyen, SCML, LLC, and KCD30, LLC collectively reported beneficial ownership of MeridianLink, Inc. common stock.
• As of September 30, 2024, Timothy Nguyen beneficially owns 11,842,938 shares, representing 15.8% of the outstanding common stock.
• SCML, LLC holds 11,028,412 shares, equating to 14.7% of the class, with Apichat Treerojporn as its sole manager holding sole voting and dispositive powers.
• KCD30, LLC holds 814,526 shares, representing 1.1% of the class, with Timothy Nguyen as its sole manager holding sole voting and dispositive powers.
• The percentage of class is calculated based on 75,107,642 shares of Common Stock outstanding as of September 30, 2024, as reported in MeridianLink's Form 10-Q filed on November 7, 2024.
• All reporting persons share the same business address as MeridianLink, Inc., located at 3560 Hyland Avenue, Suite 200, Costa Mesa, California 92626.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a neutral, factual disclosure of beneficial ownership. It does not inherently convey positive or negative sentiment regarding the company's performance or outlook, but rather provides transparency on significant ownership stakes.

Positives

• The filing discloses a substantial beneficial ownership stake by Timothy Nguyen and affiliated entities, totaling 15.8% of MeridianLink, Inc.'s common stock, indicating significant alignment of interests with the company's performance.
• The reporting persons share the same business address as MeridianLink, Inc., suggesting an insider or closely affiliated relationship, which can be viewed positively by investors seeking strong internal commitment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes by key individuals and affiliated entities, which can influence perceptions of insider alignment and control.

Key Dates

Keywords

MeridianLink Inc., MLNK, Timothy Nguyen, SCML LLC, KCD30 LLC, Schedule 13G, beneficial ownership, SEC filing, common stock, insider ownership, institutional ownership