Studio City: Silver Point funds buy 620K depositary shares
Each purchased ADS is convertible at the holder's election into four Class A Ordinary Shares and has no expiration date.
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Rhea-AI Filing Summary
Studio City International Holdings Ltd (MSC) reported purchases by funds managed by Silver Point Capital, L.P. of 620,000 American Depositary Shares: 410,000 at 0.80 per share on September 28, 2026; 59,000 at 0.85 per share on September 29, 2026; and 151,000 at 0.88 per share on September 30, 2026. The reporting persons were Silver Point Capital, L.P., listed as a director and ten-percent owner, and directors and ten-percent owners Edward A. Mule and Robert J. O'Shea. Each ADS is convertible at the holder's election into four Class A Ordinary Shares and has no expiration date; no Rule 10b5-1 plan is reported.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares F3, F1, F2 | 151,000 | $0.88 | $133K |
| Purchase | American Depositary Shares F3, F1, F2 | 59,000 | $0.85 | $50K |
| Purchase | American Depositary Shares F3, F1, F2 | 410,000 | $0.80 | $328K |
| holding | Class A Ordinary Shares F1, F2 | -- | -- | -- |
Footnotes (3)
- F1. Silver Point Capital, L.P. ("Silver Point") or its wholly owned subsidiaries are the investment managers of Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed Opportunities Fund, L.P., Silver Point Distressed Opportunities Offshore Master Fund, L.P., Silver Point Distressed Opportunity Institutional Partners Master Fund (Offshore), L.P. and Silver Point Distressed Opportunity Institutional Partners, L.P. (the "Funds") and, by reason of such status, may be deemed to be the beneficial owner of all the reported securities held by the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of all securities held by the Funds. Messrs. Edward A. Mule and Robert J. O'Shea are each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the Funds. Messrs. Mule and O'Shea disclaim
- F2. (continued from footnote 1) beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests.
- F3. Each American Depositary Share is convertible at any time, at the holder's election, into four Class A Ordinary Shares of the issuer. The American Depositary Shares have no expiration date.
Key Figures
Key Terms
beneficial owner financial
pecuniary interests financial
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