SCHEDULE: MiTAC, Synnex Group Reduce TD SYNNEX Stake Below 5%

MiTAC Holdings Corp., Synnex Technology International Corp., and Matthew Miau have reduced their individual beneficial ownership in TD SYNNEX Corp. to below 5%, leading to the dissolution of their reporting group.

Summary

• MiTAC Holdings Corp. now beneficially owns 3,467,878 shares of TD SYNNEX Corp. common stock, representing 4.3% of the class.
• Synnex Technology International Corp. beneficially owns 1,691,705 shares, representing 2.1% of the class.
• Matthew Miau beneficially owns 476,740 shares, representing 0.6% of the class.
• Each reporting person individually owns less than five percent of TD SYNNEX's outstanding common stock.
• The reporting persons will no longer file beneficial ownership reports as a group, as their collective ownership has fallen below the 5% threshold for group reporting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine regulatory disclosure of changes in beneficial ownership, not an indicator of company performance or strategic direction.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding TD SYNNEX's future performance or operations.

Industry Context

StockSavvy.ai notes that changes in beneficial ownership, particularly by long-standing investors or groups, can sometimes signal shifts in investor sentiment or portfolio strategy. However, this filing primarily serves as a regulatory update reflecting a reduction in individual stakes below the 5% threshold, rather than a strategic announcement by TD SYNNEX itself. It indicates a compliance-driven adjustment in reporting obligations for the named entities.

Stakeholder Impact

• Shareholders: The reduction in individual stakes below 5% by these entities may slightly increase the free float of shares, potentially impacting liquidity. It also means less concentrated ownership by this specific group.

Next Steps

• The reporting persons will no longer file beneficial ownership reports as a group for TD SYNNEX Corp.

Key Dates

Keywords

TD SYNNEX, MiTAC Holdings, Synnex Technology International, Matthew Miau, Beneficial Ownership, Schedule 13G, Common Stock, Shareholding, Regulatory Filing