Blackstone (NYSE: BX) affiliates detail Liftoff Mobile Form 3 stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Liftoff Mobile, Inc. filed an initial Form 3 reporting that investment entities affiliated with Blackstone Inc. are indirect 10% owners of its common stock. The filing shows 83,831,109 shares of common stock held indirectly, with the securities held directly by BCP Redbird Aggregator L.P. and attributed up a chain of related Blackstone-managed entities. The reporting persons state that, other than where they directly hold securities, they disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BCP Redbird Aggregator L.P., BCP VII Holdings Manager L.L.C., Blackstone Management Associates VII L.L.C., BMA VII L.L.C., Blackstone Holdings III L.P., Blackstone Holdings III GP L.P., Blackstone Holdings III GP Management L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., SCHWARZMAN STEPHEN A
Role
null | null | null | null | null | null | null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 83,831,109 shares (Indirect, See Footnotes)
Footnotes (1)
- Reflects securities of Liftoff Mobile, Inc. (the "Issuer") held directly by BCP Redbird Aggregator L.P. BCP VII Holdings Manager L.L.C. is the general partner of BCP Redbird Aggregator L.P. Blackstone Management Associates VII L.L.C. is the sole member of BCP VII Holdings Manager L.L.C. BMA VII L.L.C. is the sole member of Blackstone Management Associates VII L.L.C. Blackstone Holdings III L.P. is the managing member of BMA VII L.L.C. Blackstone Holdings III GP L.P. is the general partner of Blackstone Holdings III L.P. Blackstone Holdings III GP Management L.L.C. is the general partner of Blackstone Holdings III GP L.P. Blackstone Inc. is the sole member of Blackstone Holdings III GP Management L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Key Figures
Indirect common stock holding: 83,831,109 shares
1 metrics
Indirect common stock holding
83,831,109 shares
Total Liftoff Mobile common shares following reported position
Key Terms
beneficial ownership, pecuniary interest, indirect ownership, Series II preferred stock, +1 more
5 terms
beneficial ownership financial
"disclaims beneficial ownership of the securities held by the other Reporting Persons"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
indirect ownership financial
"Reflects securities of Liftoff Mobile, Inc. ... held directly by BCP Redbird Aggregator L.P."
Series II preferred stock financial
"The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C."
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What does Blackstone’s Form 3 filing mean for BX and Liftoff Mobile (LFTO)?
The Form 3 shows Blackstone-affiliated entities as 10% owners of Liftoff Mobile common stock. It records existing indirect holdings of 83,831,109 shares, establishing their status as significant shareholders without disclosing any new purchase or sale transactions.
Does the Blackstone Form 3 for LFTO show any recent stock transactions?
No, the Form 3 is an initial statement of beneficial ownership and shows a holding entry only. It lists 83,831,109 shares following the reported position, with no buy, sell, exercise, or gift transactions indicated in the transaction summary.