SCHEDULE 13G/A: Major Shareholder CJ Xuning Wang and Affiliates Update Significant Stake in SharkNinja, Inc.

CJ Xuning Wang and affiliated entities, JS&W Global Holding Limited Partnership and JS&W Capital Holding Limited Partnership, have filed an amendment to their beneficial ownership in SharkNinja, Inc., reporting an aggregate stake of 48.1% of ordinary shares.

Summary

• The filing is an Amendment No. 2 to Schedule 13G for SharkNinja, Inc. (Issuer), a Cayman Islands company.
• The Reporting Persons are CJ Xuning Wang, JS&W Global Holding Limited Partnership, and JS&W Capital Holding Limited Partnership.
• The filing reports beneficial ownership of Ordinary Shares, par value of $0.0001 per share, with CUSIP Number G8068L108.
• The date of the event which required the filing was December 31, 2024.
• CJ Xuning Wang beneficially owns an aggregate of 67,423,763 ordinary shares, representing 48.1% of the class.
• This aggregate ownership for Mr. Wang includes 461,333 ordinary shares held directly by him, 9,802,170 ordinary shares held by JS&W Capital Holding Limited Partnership, and 57,160,260 ordinary shares held by JS&W Global Holding Limited Partnership.
• JS&W Global Holding Limited Partnership beneficially owns 57,160,260 ordinary shares, representing 40.8% of the class.
• JS&W Capital Holding Limited Partnership beneficially owns 9,802,170 ordinary shares, representing 7.0% of the class.
• The percentages are calculated based on 140,219,933 ordinary shares outstanding, as reported on SharkNinja, Inc.'s Form 6-K dated October 31, 2024.
• CJ Xuning Wang has sole voting and dispositive power over 461,333 shares and shared voting and dispositive power over 66,962,430 shares.
• JS&W Global Holding Limited Partnership and JS&W Capital Holding Limited Partnership each have shared voting and dispositive power over their respective holdings.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate a positive or negative sentiment regarding the company's operational or financial performance.

Positives

• The filing indicates a continued significant ownership stake by CJ Xuning Wang and his affiliated entities, which could be interpreted as a sign of long-term commitment and confidence in SharkNinja, Inc.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by a significant shareholder group and does not provide specific insights into broader industry trends or competitive dynamics.

Related Party Transactions

• The filing details beneficial ownership by CJ Xuning Wang and two limited partnerships (JS&W Global Holding Limited Partnership and JS&W Capital Holding Limited Partnership) whose general partners are ultimately controlled by CJ Xuning Wang, indicating a related party ownership structure.

Stakeholder Impact

• Shareholders: Provides transparency regarding the significant ownership stake held by CJ Xuning Wang and his affiliated entities, which can influence perceptions of control and long-term strategic direction.

Key Dates

Keywords

SharkNinja Inc., SHARKNINJA, ordinary shares, beneficial ownership, Schedule 13G/A, SEC filing, CJ Xuning Wang, JS&W Global Holding Limited Partnership, JS&W Capital Holding Limited Partnership, G8068L108