[SCHEDULE 13G] Chime Financial, Inc. SEC Filing
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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Chime Financial, Inc. (Name of Issuer) |
Class A Common Stock, $0.0001 par value (Title of Class of Securities) |
16935C109 (CUSIP Number) |
06/30/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
| Rule 13d-1(b) |
| Rule 13d-1(c) |
| Rule 13d-1(d) |
SCHEDULE 13G
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| CUSIP No. | 16935C109 |
| 1 | Names of Reporting Persons
Access Industries Management, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
19,601,430.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
5.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person:
*All percentages of ownership of the Class A Common Stock by Reporting Person presented in this Schedule are based on an aggregate of 337,039,249 shares of Class A Common Stock outstanding immediately following the Issuer's initial public offering, which assumes full exercise of the underwriters' option to purchase additional shares, as reported in the Issuer's prospectus filed pursuant to Rule 424(b)(4) with the Securities and Exchange Commission (the "SEC") on June 12, 2025.
SCHEDULE 13G
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| CUSIP No. | 16935C109 |
| 1 | Names of Reporting Persons
Len Blavatnik | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
19,601,430.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
5.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
*All percentages of ownership of the Class A Common Stock by Reporting Person presented in this Schedule are based on an aggregate of 337,039,249 shares of Class A Common Stock outstanding immediately following the Issuer's initial public offering, which assumes full exercise of the underwriters' option to purchase additional shares, as reported in the Issuer's prospectus filed pursuant to Rule 424(b)(4) with the SEC on June 12, 2025.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
Chime Financial, Inc. | |
| (b) | Address of issuer's principal executive offices:
101 California Street, Suite 500, San Francisco, CA 94111 | |
| Item 2. | ||
| (a) | Name of person filing:
This filing is being made on behalf of (collectively, the "Reporting Persons"):
Access Industries Management, LLC ("AIM")
Len Blavatnik | |
| (b) | Address or principal business office or, if none, residence:
The principal business office of each reporting person is c/o Access Industries, Inc., 40 West 57th Street, 28th Floor, New York, NY 10019. | |
| (c) | Citizenship:
AIM is a limited liability company organized under the laws of the State of Delaware.
Mr. Blavatnik is a citizen of the United States of America. | |
| (d) | Title of class of securities:
Class A Common Stock, $0.0001 par value | |
| (e) | CUSIP No.:
16935C109 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). | |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
See responses to Item 9 on the attached cover pages. | |
| (b) | Percent of class:
See responses to Item 11 on the attached cover pages. The percentages reported in Item 11 of the attached cover pages are based on an aggregate of 337,039,249 shares of Class A Common Stock outstanding immediately following the Issuer's initial public offering, which assumes full exercise of the underwriters' option to purchase additional shares, as reported in the Issuer's prospectus filed pursuant to Rule 424(b)(4) with the SEC on June 12, 2025. | |
| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
See responses to Item 5 on the attached cover pages. | ||
| (ii) Shared power to vote or to direct the vote:
See responses to Item 5 on the attached cover pages. | ||
| (iii) Sole power to dispose or to direct the disposition of:
See responses to Item 5 on the attached cover pages. | ||
| (iv) Shared power to dispose or to direct the disposition of:
See responses to Item 5 on the attached cover pages.
10,337,833 shares of Class A Common Stock are held directly by AI Bells Holdings LLC ("AIB") and may be deemed to be beneficially owned by AIM, Mr. Blavatnik and Remainder Investments 2020 LLC because (i) AIM is the sole manager of AIB, (ii) Mr. Blavatnik is the controlling person of AIM, (iii) Remainder Investments 2020 LLC controls AIB and (v) Mr. Blavatnik indirectly controls Remainder Investments 2020 LLC. Each of the Reporting Persons (other than AIB), and each of their affiliated entities and the officers, partners, members, and managers thereof, disclaims beneficial ownership of these securities.
9,223,597 shares of Class A Common Stock are held directly by AI Bells Holdings 2 LLC ("AIB 2") and may be deemed to be beneficially owned by AIM, Mr. Blavatnik and Remainder Investments 2020 LLC because (i) AIM is the sole manager of AIB 2, (ii) Mr. Blavatnik is the controlling person of AIM, (iii) Remainder Investments 2020 LLC controls AIB 2 and (iv) Mr. Blavatnik indirectly controls Remainder Investments 2020 LLC. Each of the Reporting Persons (other than AIB 2), and each of their affiliated entities and the officers, partners, members, and managers thereof, disclaims beneficial ownership of these securities.
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| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Comments accompanying signature: * The above signed, by signing his name hereto, executes this Schedule 13G pursuant to the Limited Power of Attorney executed on behalf of Mr. Blavatnik and filed herewith.