Blackstone entities file initial Liftoff ownership
Liftoff Mobile, Inc. filed an initial Form 3 reporting that investment entities affiliated with Blackstone Inc. are indirect 10% owners of its common stock.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
beneficial ownership financial
pecuniary interest financial
indirect ownership financial
Series II preferred stock financial
Section 16 regulatory
FAQ
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What does Blackstone’s Form 3 filing mean for BX and Liftoff Mobile (LFTO)?
Does the Blackstone Form 3 for LFTO show any recent stock transactions?
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