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[SCHEDULE 13D/A] Bumble Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary

Amendment No. 7 to a Schedule 13D reports Blackstone-related funds' actions on Bumble Inc. Class A common stock. On August 13, 2025 the BX Buzz ML-entities completed an unregistered block sale of 16,689,884 Class A shares for net proceeds of approximately $104,478,673. In connection with that sale, 7,395,159 Common Units were converted into Class A shares (one-for-one exchange).

Following the Block Sale the filing itemizes holdings: Blackstone-affiliated entities collectively report beneficial ownership of 37,387,500 shares (representing 29.2% of Class A outstanding on the stated basis). The filing also discloses pledged collateral and margin financing: as of August 14, 2025, ~30,116,110 Class A shares and 23,961,274 Common Units were pledged, the outstanding margin loan balance was approximately $208,981,773, and the Reporting Persons expect to release collateral and repay a portion of the loan in connection with the Block Sale.

Emendamento n. 7 al Schedule 13D descrive le operazioni effettuate da fondi collegati a Blackstone sulle azioni di classe A di Bumble Inc. Il 13 agosto 2025 le entità BX Buzz ML hanno completato una vendita non registrata in blocco di 16.689.884 azioni di classe A, realizzando proventi netti di circa $104.478.673. In relazione a tale vendita, 7.395.159 Common Units sono state convertite in azioni di classe A (scambio uno-a-uno).

Successivamente alla vendita in blocco, il deposito dettaglia le partecipazioni: le entità affiliate a Blackstone segnalano collettivamente una titolarità beneficiaria di 37.387.500 azioni (corrispondenti al 29,2% delle azioni di classe A in circolazione sulla base indicata). Il documento dichiara inoltre garanzie e finanziamenti su margine: al 14 agosto 2025, circa 30.116.110 azioni di classe A e 23.961.274 Common Units risultavano date in pegno, il saldo residuo del prestito su margine era di circa $208.981.773, e i soggetti segnalanti prevedono di liberare garanzie e rimborsare una parte del prestito in relazione alla vendita in blocco.

Enmienda nº 7 al Schedule 13D informa sobre las acciones de fondos relacionados con Blackstone respecto a las acciones clase A de Bumble Inc. El 13 de agosto de 2025, las entidades BX Buzz ML completaron una venta en bloque no registrada de 16.689.884 acciones clase A, obteniendo ingresos netos por aproximadamente $104.478.673. En relación con esa venta, 7.395.159 Common Units se convirtieron en acciones clase A (intercambio uno a uno).

Tras la venta en bloque, la presentación detalla las tenencias: las entidades afiliadas a Blackstone informan colectivamente una propiedad beneficiaria de 37.387.500 acciones (representando el 29,2% de las clase A en circulación según la base indicada). El documento también revela garantías pignoradas y financiamiento con margen: a fecha del 14 de agosto de 2025, aproximadamente 30.116.110 acciones clase A y 23.961.274 Common Units estaban pignoradas, el saldo pendiente del préstamo de margen era aproximadamente $208.981.773, y las personas informantes esperan liberar garantías y pagar una parte del préstamo en relación con la venta en bloque.

Schedule 13D에 대한 수정서 제7호는 Blackstone 관련 펀드들의 Bumble Inc. 클래스 A 보통주에 대한 조치를 보고합니다. 2025년 8월 13일 BX Buzz ML 계열사들은 등록되지 않은 블록 매도로 클래스 A 주식 16,689,884주를 처분하여 순수익 약 $104,478,673를 확보했습니다. 해당 매도와 관련하여 7,395,159개의 커먼 유닛이 클래스 A 주식으로 (1대1 교환) 전환되었습니다.

블록 매도 이후 제출서류는 보유 내역을 명시합니다: Blackstone 계열 엔티티들은 총합하여 37,387,500주를 실질적 보유로 보고하며(기재된 기준으로 클래스 A 발행주식의 29.2%에 해당), 서류는 또한 담보 설정 및 마진 금융을 공시합니다. 2025년 8월 14일 기준 약 30,116,110주 클래스 A와 23,961,274 커먼 유닛이 담보로 제공되었고, 미결 마진 대출 잔액은 약 $208,981,773였으며, 보고 당사자들은 블록 매도와 관련해 담보를 해제하고 대출 일부를 상환할 것으로 예상한다고 밝혔습니다.

Amendement n°7 au Schedule 13D rapporte les actions de fonds liés à Blackstone concernant les actions de catégorie A de Bumble Inc. Le 13 août 2025, les entités BX Buzz ML ont réalisé une vente en bloc non enregistrée de 16 689 884 actions de catégorie A, générant un produit net d’environ $104 478 673. En lien avec cette vente, 7 395 159 Common Units ont été converties en actions de catégorie A (échange un pour un).

Après la vente en bloc, le dépôt détaille les détentions : les entités affiliées à Blackstone déclarent collectivement une propriété bénéficiaire de 37 387 500 actions (soit 29,2 % des actions de catégorie A en circulation selon la base indiquée). Le document révèle également des collatéraux mis en gage et un financement sur marge : au 14 août 2025, environ 30 116 110 actions de catégorie A et 23 961 274 Common Units étaient mises en gage, le solde du prêt sur marge était d’environ $208 981 773, et les personnes déclarantes prévoient de libérer des garanties et de rembourser une partie du prêt en relation avec la vente en bloc.

Nachtrag Nr. 7 zum Schedule 13D berichtet über Maßnahmen von Blackstone-nahe Fonds in Bezug auf Bumble Inc. Class-A-Stammaktien. Am 13. August 2025 schlossen die BX Buzz ML-Einheiten einen nicht registrierten Blockverkauf von 16.689.884 Class-A-Aktien ab und erzielten Nettoprovisionen von etwa $104.478.673. Im Zusammenhang mit diesem Verkauf wurden 7.395.159 Common Units in Class-A-Aktien umgewandelt (Eins-zu-eins-Tausch).

Nach dem Blockverkauf listen die Unterlagen die Bestände auf: Blackstone-verbundene Einheiten melden zusammen eine wirtschaftliche Beteiligung von 37.387.500 Aktien (entsprechend 29,2% der angegebenen ausstehenden Class-A-Aktien). Die Einreichung offenbart zudem verpfändete Sicherheiten und Margin-Finanzierungen: Stand 14. August 2025 waren rund 30.116.110 Class-A-Aktien und 23.961.274 Common Units verpfändet, der ausstehende Margin-Kredit belief sich auf ca. $208.981.773, und die meldenden Personen erwarten, im Zusammenhang mit dem Blockverkauf Sicherheiten freizugeben und einen Teil des Darlehens zurückzuzahlen.

Positive
  • Block Sale generated approximately $104,478,673 in net proceeds
  • Reporting persons retain a large ownership position: 37,387,500 shares (29.2%)
  • Conversion of 7,395,159 Common Units into Class A shares increases share clarity and liquidity
  • Intent to release collateral and repay part of the outstanding margin loan
Negative
  • Outstanding margin loan is approximately $208,981,773, indicating material leverage against holdings
  • Approximately 30,116,110 Class A shares and 23,961,274 Common Units remain pledged, which could constrain flexibility
  • Reporting Persons and founder are deemed a group (39.4% combined on issuer basis), a material control consideration for investors

Insights

TL;DR: Blackstone sold a sizeable block for $104.5M while retaining a large 29.2% economic stake; margin loan remains material.

The filing documents a disciplined liquidity event: an unregistered block sale generating net proceeds of approximately $104.5 million and conversion of 7.395 million Common Units into Class A shares. Post-transaction disclosure shows Blackstone-affiliated reporting persons beneficially own 37,387,500 Class A shares, representing 29.2% on the filing's stated basis. The margin facility remains significant with an outstanding loan of ~ $209.0 million, and the registrants expect to release collateral and repay part of that balance. For investors, the key takeaways are the large residual ownership stake and the continuing, though reduced, leverage profile explicitly disclosed in the filing.

TL;DR: Large aggregated ownership (29.2%) and voting arrangements are reaffirmed; group status with founder is disclosed.

The amendment reiterates the governance structure: Class A normally carries one vote per share but certain Blackstone funds hold outsized voting rights (ten votes per share) until the High Vote Termination Date under the Stockholders Agreement. The filing confirms the Reporting Persons and Whitney Wolfe Herd are deemed a group under the Stockholders Agreement and reports a combined aggregate that may equal 39.4% when combined with Ms. Wolfe Herd and affiliates based on issuer-provided information. These disclosures are material for control and proxy considerations because they clarify voting power, group relationships and the potential duration of enhanced voting rights.

Emendamento n. 7 al Schedule 13D descrive le operazioni effettuate da fondi collegati a Blackstone sulle azioni di classe A di Bumble Inc. Il 13 agosto 2025 le entità BX Buzz ML hanno completato una vendita non registrata in blocco di 16.689.884 azioni di classe A, realizzando proventi netti di circa $104.478.673. In relazione a tale vendita, 7.395.159 Common Units sono state convertite in azioni di classe A (scambio uno-a-uno).

Successivamente alla vendita in blocco, il deposito dettaglia le partecipazioni: le entità affiliate a Blackstone segnalano collettivamente una titolarità beneficiaria di 37.387.500 azioni (corrispondenti al 29,2% delle azioni di classe A in circolazione sulla base indicata). Il documento dichiara inoltre garanzie e finanziamenti su margine: al 14 agosto 2025, circa 30.116.110 azioni di classe A e 23.961.274 Common Units risultavano date in pegno, il saldo residuo del prestito su margine era di circa $208.981.773, e i soggetti segnalanti prevedono di liberare garanzie e rimborsare una parte del prestito in relazione alla vendita in blocco.

Enmienda nº 7 al Schedule 13D informa sobre las acciones de fondos relacionados con Blackstone respecto a las acciones clase A de Bumble Inc. El 13 de agosto de 2025, las entidades BX Buzz ML completaron una venta en bloque no registrada de 16.689.884 acciones clase A, obteniendo ingresos netos por aproximadamente $104.478.673. En relación con esa venta, 7.395.159 Common Units se convirtieron en acciones clase A (intercambio uno a uno).

Tras la venta en bloque, la presentación detalla las tenencias: las entidades afiliadas a Blackstone informan colectivamente una propiedad beneficiaria de 37.387.500 acciones (representando el 29,2% de las clase A en circulación según la base indicada). El documento también revela garantías pignoradas y financiamiento con margen: a fecha del 14 de agosto de 2025, aproximadamente 30.116.110 acciones clase A y 23.961.274 Common Units estaban pignoradas, el saldo pendiente del préstamo de margen era aproximadamente $208.981.773, y las personas informantes esperan liberar garantías y pagar una parte del préstamo en relación con la venta en bloque.

Schedule 13D에 대한 수정서 제7호는 Blackstone 관련 펀드들의 Bumble Inc. 클래스 A 보통주에 대한 조치를 보고합니다. 2025년 8월 13일 BX Buzz ML 계열사들은 등록되지 않은 블록 매도로 클래스 A 주식 16,689,884주를 처분하여 순수익 약 $104,478,673를 확보했습니다. 해당 매도와 관련하여 7,395,159개의 커먼 유닛이 클래스 A 주식으로 (1대1 교환) 전환되었습니다.

블록 매도 이후 제출서류는 보유 내역을 명시합니다: Blackstone 계열 엔티티들은 총합하여 37,387,500주를 실질적 보유로 보고하며(기재된 기준으로 클래스 A 발행주식의 29.2%에 해당), 서류는 또한 담보 설정 및 마진 금융을 공시합니다. 2025년 8월 14일 기준 약 30,116,110주 클래스 A와 23,961,274 커먼 유닛이 담보로 제공되었고, 미결 마진 대출 잔액은 약 $208,981,773였으며, 보고 당사자들은 블록 매도와 관련해 담보를 해제하고 대출 일부를 상환할 것으로 예상한다고 밝혔습니다.

Amendement n°7 au Schedule 13D rapporte les actions de fonds liés à Blackstone concernant les actions de catégorie A de Bumble Inc. Le 13 août 2025, les entités BX Buzz ML ont réalisé une vente en bloc non enregistrée de 16 689 884 actions de catégorie A, générant un produit net d’environ $104 478 673. En lien avec cette vente, 7 395 159 Common Units ont été converties en actions de catégorie A (échange un pour un).

Après la vente en bloc, le dépôt détaille les détentions : les entités affiliées à Blackstone déclarent collectivement une propriété bénéficiaire de 37 387 500 actions (soit 29,2 % des actions de catégorie A en circulation selon la base indiquée). Le document révèle également des collatéraux mis en gage et un financement sur marge : au 14 août 2025, environ 30 116 110 actions de catégorie A et 23 961 274 Common Units étaient mises en gage, le solde du prêt sur marge était d’environ $208 981 773, et les personnes déclarantes prévoient de libérer des garanties et de rembourser une partie du prêt en relation avec la vente en bloc.

Nachtrag Nr. 7 zum Schedule 13D berichtet über Maßnahmen von Blackstone-nahe Fonds in Bezug auf Bumble Inc. Class-A-Stammaktien. Am 13. August 2025 schlossen die BX Buzz ML-Einheiten einen nicht registrierten Blockverkauf von 16.689.884 Class-A-Aktien ab und erzielten Nettoprovisionen von etwa $104.478.673. Im Zusammenhang mit diesem Verkauf wurden 7.395.159 Common Units in Class-A-Aktien umgewandelt (Eins-zu-eins-Tausch).

Nach dem Blockverkauf listen die Unterlagen die Bestände auf: Blackstone-verbundene Einheiten melden zusammen eine wirtschaftliche Beteiligung von 37.387.500 Aktien (entsprechend 29,2% der angegebenen ausstehenden Class-A-Aktien). Die Einreichung offenbart zudem verpfändete Sicherheiten und Margin-Finanzierungen: Stand 14. August 2025 waren rund 30.116.110 Class-A-Aktien und 23.961.274 Common Units verpfändet, der ausstehende Margin-Kredit belief sich auf ca. $208.981.773, und die meldenden Personen erwarten, im Zusammenhang mit dem Blockverkauf Sicherheiten freizugeben und einen Teil des Darlehens zurückzuzahlen.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






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BX Buzz ML-1 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-2 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-3 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-4 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-5 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-6 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-7 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-1 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-2 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-3 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-4 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-5 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-6 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
BX Buzz ML-7 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:08/15/2025
Blackstone Buzz Holdings L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
Blackstone Tactical Opportunities Fund-FD L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
Blackstone Family Investment Partnership-Growth ESC L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:08/15/2025
BCP Buzz Holdings L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:08/15/2025
BTO Buzz Holdings II L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BXG Buzz Holdings L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:08/15/2025
BSOF Buzz Aggregator L.L.C.
Signature:/s/ Stephen O'Connor
Name/Title:Stephen O'Connor, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BTO Holdings Manager-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
Blackstone Tactical Opportunities Associates-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BTOA-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
Blackstone Tactical Opportunities Associates III-NQ L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BTO DE GP-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BXG Side-by-Side GP L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:08/15/2025
BXG Holdings Manager L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:08/15/2025
Blackstone Growth Associates L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:08/15/2025
BXGA L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:08/15/2025
Blackstone Strategic Opportunity Associates L.L.C.
Signature:/s/ Stephen O'Connor
Name/Title:Stephen O'Connor, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BCP VII Holdings Manager - NQ L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:08/15/2025
Blackstone Management Associates VII NQ L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:08/15/2025
BMA VII NQ L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:08/15/2025
Blackstone Holdings II L.P.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
Blackstone Holdings I/II GP L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
BTO Holdings Manager L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
Blackstone Tactical Opportunities Associates L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
BTOA L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:08/15/2025
Blackstone Holdings III L.P.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
Blackstone Holdings III GP L.P.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
Blackstone Holdings III GP Management L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
Blackstone Inc.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
Blackstone Group Management L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:08/15/2025
Stephen A. Schwarzman
Signature:/s/ Stephen A. Schwarzman
Name/Title:Stephen A. Schwarzman
Date:08/15/2025

FAQ

What did Blackstone-related holders sell in the Schedule 13D/A for BMBL?

They completed an unregistered block sale of 16,689,884 Class A shares on August 13, 2025 for net proceeds of approximately $104,478,673.

How many Bumble (BMBL) Class A shares do the Reporting Persons beneficially own after the sale?

Collectively the Reporting Persons report beneficial ownership of 37,387,500 shares, representing 29.2% of Class A on the filing's stated basis.

Did any Common Units convert to Class A shares in this filing?

Yes. The filing states 7,395,159 Common Units were converted into Class A Common Stock in connection with the Block Sale.

What margin or pledged collateral disclosures are included?

As of August 14, 2025 the filing reports ~30,116,110 Class A shares and 23,961,274 Common Units pledged, and an outstanding margin loan of ~$208,981,773; the Reporting Persons intend to release collateral and repay part of the loan.

Does the filing mention any voting arrangements for Class A or Class B stock?

Yes. It explains Class A normally carries one vote per share while certain Blackstone funds have outsized voting rights (ten votes per share) until the High Vote Termination Date; Class B shares confer voting power tied to Common Units.
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