Form 4: SK Inc. Sells Shares of SES AI Corp in Recent Transactions

SK Inc., a 10% owner of SES AI Corp, recently sold a portion of its Class A Common Stock in multiple transactions.

Summary

• SK Inc., identified as a 10% owner of SES AI Corp, has reported the sale of Class A Common Stock.
• On November 7, 2024, SK Inc. sold 154,105 shares at a weighted average price of $0.39.
• The prices for these shares ranged from $0.3883 to $0.4077.
• Following this transaction, SK Inc. beneficially owned 35,142,518 shares, including 3,829,028 Earn-Out Shares.
• On November 8, 2024, SK Inc. sold an additional 103,115 shares at a weighted average price of $0.37.
• The prices for these shares ranged from $0.37 to $0.3826.
• After the second transaction, SK Inc. held 35,039,403 shares.
• The reporting person has committed to providing full information regarding the number of shares sold at each separate price within the specified ranges upon request.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting share sales. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as a signal.

Industry Context

This filing indicates a change in ownership stake by a major shareholder, which is a common occurrence in publicly traded companies. The impact on the company's stock price and investor sentiment will depend on various factors, including the reasons behind the sale and the overall market conditions.

Stakeholder Impact

• Shareholders may react to the news of SK Inc.'s share sales, potentially impacting the stock price.
• The company's management may need to address investor concerns regarding the reasons for the sale.

Key Dates