[SCHEDULE 13G/A] Groupon, Inc. SEC Filing
Continental General Insurance Company directly holds 2,929,832 shares of Groupon common stock, representing approximately 7.4% of the outstanding class based on 39,816,140 shares reported outstanding as of May 5, 2025. The filing shows no sole voting or dispositive power; all 2,929,832 shares are reported as held with shared voting and shared dispositive power. The statement explains that Continental Insurance Group, Ltd., Continental General Holdings LLC and Michael Gorzynski may be deemed to beneficially own the same block through ownership and managerial relationships. The filing includes a certification that the shares were not acquired to change or influence control of the issuer.
Continental General Insurance Company detiene direttamente 2,929,832 azioni ordinarie di Groupon, pari a circa 7.4% delle azioni in circolazione, basandosi su 39,816,140 azioni riportate come in circolazione al 5 maggio 2025. La comunicazione indica che non esiste potere esclusivo di voto né potere esclusivo di disposizione; tutte le 2,929,832 azioni sono riportate come detenute con potere di voto condiviso e potere di disposizione condiviso. La dichiarazione spiega inoltre che Continental Insurance Group, Ltd., Continental General Holdings LLC e Michael Gorzynski possono essere considerati beneficiari dello stesso blocco per rapporti di proprietà e di gestione. La documentazione include una certificazione che le azioni non sono state acquisite con l'intento di modificare o influenzare il controllo dell'emittente.
Continental General Insurance Company posee directamente 2,929,832 acciones ordinarias de Groupon, lo que representa aproximadamente el 7.4% de las acciones en circulación, con base en 39,816,140 acciones reportadas como en circulación al 5 de mayo de 2025. La presentación señala que no existe poder exclusivo de voto ni de disposición; las 2,929,832 acciones se informan como detenidas con poder de voto compartido y poder de disposición compartido. La declaración explica que Continental Insurance Group, Ltd., Continental General Holdings LLC y Michael Gorzynski podrían considerarse beneficiarios del mismo bloque por relaciones de propiedad y de gestión. La presentación incluye una certificación de que las acciones no se adquirieron con la finalidad de cambiar o influir en el control del emisor.
Continental General Insurance Company는 2,929,832주의 Groupon 보통주를 직접 보유하고 있으며, 이는 39,816,140주의 발행주식(2025년 5월 5일 기준)을 기준으로 약 7.4%에 해당합니다. 제출 서류에는 단독 의결권 또는 단독 처분권 없음으로 표시되어 있으며, 모든 2,929,832주는 의결권과 처분권이 공유되는 것으로 보고되었습니다. 성명서에는 Continental Insurance Group, Ltd., Continental General Holdings LLC 및 Michael Gorzynski가 소유 및 경영 관계를 통해 동일한 블록의 실질적 소유자로 간주될 수 있다고 설명되어 있습니다. 제출 서류에는 해당 주식이 발행회사의 지배권을 변경하거나 영향 미치기 위해 취득된 것이 아님을 확인하는 인증서가 포함되어 있습니다.
Continental General Insurance Company détient directement 2,929,832 actions ordinaires de Groupon, représentant environ 7.4% de la catégorie en circulation, sur la base de 39,816,140 actions déclarées en circulation au 5 mai 2025. le dépôt indique aucun pouvoir exclusif de vote ni de disposition ; toutes les 2,929,832 actions sont déclarées détenues avec un pouvoir de vote partagé et un pouvoir de disposition partagé. La déclaration précise que Continental Insurance Group, Ltd., Continental General Holdings LLC et Michael Gorzynski peuvent être considérés comme détenteurs bénéficiaires du même bloc en raison de relations de propriété et de gestion. Le dépôt inclut une certification indiquant que les actions n'ont pas été acquises dans le but de modifier ou d'influencer le contrôle de l'émetteur.
Continental General Insurance Company hält direkt 2,929,832 Aktien der Groupon-Stammaktien, was etwa 7.4% der ausstehenden Klasse entspricht, basierend auf 39,816,140 als ausstehend gemeldeten Aktien zum 5. Mai 2025. Die Einreichung weist keine ausschließliche Stimm- oder Verfügungsgewalt aus; alle 2,929,832 Aktien werden als mit geteilter Stimm- und geteilter Verfügungsgewalt gehalten gemeldet. Die Erklärung führt aus, dass Continental Insurance Group, Ltd., Continental General Holdings LLC und Michael Gorzynski aufgrund von Eigentums- und Managementbeziehungen als wirtschaftliche Eigentümer desselben Pakets angesehen werden könnten. Die Einreichung enthält eine Bestätigung, dass die Aktien nicht zum Zweck des Wechsels oder der Beeinflussung der Kontrolle des Emittenten erworben wurden.
- Material disclosure of a >5% position: 2,929,832 shares (~7.4%), which improves transparency for investors
- Filing states passive intent: certification indicates shares are not held to change or influence control
- No sole voting or dispositive power reported (sole power = 0), which limits immediate governance influence by the reporting persons
- Concentration is material at ~7.4% but the filing provides no detail on future intentions or plans beyond the passive certification
Insights
TL;DR: A disclosed passive >5% stake with shared control; notable for governance monitoring but not an explicit takeover attempt.
The Schedule 13G/A reports a 2.93M-share, ~7.4% position held by a related group of insurance and holding entities and an individual. All voting and dispositive powers are reported as shared, with no sole control recorded, and the filing includes an explicit statement that the position is not held to influence control. For governance, this is material because >5% ownership triggers heightened disclosure and monitoring by the board, yet the filing shows no immediate control intent or activist signal.
TL;DR: Material passive stake disclosed; market impact likely limited absent further filings or changes in voting power.
The reported 2,929,832 shares equal roughly 7.4% of the issuer based on the cited share count, making this a material holding by regulatory standards. Ownership is structured through an insurance company, a parent group, a holding LLC and an individual manager, which may affect how the position is aggregated in public filings. Because the filer certifies no intent to influence control and records only shared voting/dispositive power, immediate market-moving implications appear limited unless subsequent filings indicate a change in intent or control.
Continental General Insurance Company detiene direttamente 2,929,832 azioni ordinarie di Groupon, pari a circa 7.4% delle azioni in circolazione, basandosi su 39,816,140 azioni riportate come in circolazione al 5 maggio 2025. La comunicazione indica che non esiste potere esclusivo di voto né potere esclusivo di disposizione; tutte le 2,929,832 azioni sono riportate come detenute con potere di voto condiviso e potere di disposizione condiviso. La dichiarazione spiega inoltre che Continental Insurance Group, Ltd., Continental General Holdings LLC e Michael Gorzynski possono essere considerati beneficiari dello stesso blocco per rapporti di proprietà e di gestione. La documentazione include una certificazione che le azioni non sono state acquisite con l'intento di modificare o influenzare il controllo dell'emittente.
Continental General Insurance Company posee directamente 2,929,832 acciones ordinarias de Groupon, lo que representa aproximadamente el 7.4% de las acciones en circulación, con base en 39,816,140 acciones reportadas como en circulación al 5 de mayo de 2025. La presentación señala que no existe poder exclusivo de voto ni de disposición; las 2,929,832 acciones se informan como detenidas con poder de voto compartido y poder de disposición compartido. La declaración explica que Continental Insurance Group, Ltd., Continental General Holdings LLC y Michael Gorzynski podrían considerarse beneficiarios del mismo bloque por relaciones de propiedad y de gestión. La presentación incluye una certificación de que las acciones no se adquirieron con la finalidad de cambiar o influir en el control del emisor.
Continental General Insurance Company는 2,929,832주의 Groupon 보통주를 직접 보유하고 있으며, 이는 39,816,140주의 발행주식(2025년 5월 5일 기준)을 기준으로 약 7.4%에 해당합니다. 제출 서류에는 단독 의결권 또는 단독 처분권 없음으로 표시되어 있으며, 모든 2,929,832주는 의결권과 처분권이 공유되는 것으로 보고되었습니다. 성명서에는 Continental Insurance Group, Ltd., Continental General Holdings LLC 및 Michael Gorzynski가 소유 및 경영 관계를 통해 동일한 블록의 실질적 소유자로 간주될 수 있다고 설명되어 있습니다. 제출 서류에는 해당 주식이 발행회사의 지배권을 변경하거나 영향 미치기 위해 취득된 것이 아님을 확인하는 인증서가 포함되어 있습니다.
Continental General Insurance Company détient directement 2,929,832 actions ordinaires de Groupon, représentant environ 7.4% de la catégorie en circulation, sur la base de 39,816,140 actions déclarées en circulation au 5 mai 2025. le dépôt indique aucun pouvoir exclusif de vote ni de disposition ; toutes les 2,929,832 actions sont déclarées détenues avec un pouvoir de vote partagé et un pouvoir de disposition partagé. La déclaration précise que Continental Insurance Group, Ltd., Continental General Holdings LLC et Michael Gorzynski peuvent être considérés comme détenteurs bénéficiaires du même bloc en raison de relations de propriété et de gestion. Le dépôt inclut une certification indiquant que les actions n'ont pas été acquises dans le but de modifier ou d'influencer le contrôle de l'émetteur.
Continental General Insurance Company hält direkt 2,929,832 Aktien der Groupon-Stammaktien, was etwa 7.4% der ausstehenden Klasse entspricht, basierend auf 39,816,140 als ausstehend gemeldeten Aktien zum 5. Mai 2025. Die Einreichung weist keine ausschließliche Stimm- oder Verfügungsgewalt aus; alle 2,929,832 Aktien werden als mit geteilter Stimm- und geteilter Verfügungsgewalt gehalten gemeldet. Die Erklärung führt aus, dass Continental Insurance Group, Ltd., Continental General Holdings LLC und Michael Gorzynski aufgrund von Eigentums- und Managementbeziehungen als wirtschaftliche Eigentümer desselben Pakets angesehen werden könnten. Die Einreichung enthält eine Bestätigung, dass die Aktien nicht zum Zweck des Wechsels oder der Beeinflussung der Kontrolle des Emittenten erworben wurden.
FAQ
How many GRPN shares do Continental entities report owning?
What percentage of GRPN does that represent?
Who are the reporting persons on this Schedule 13G/A for GRPN?
Do any reporting persons have sole voting or dispositive power over the shares?
Was the position acquired to influence control of Groupon (GRPN)?
As of what date is the ownership reported?
