Arini/related funds disclose 278,890-share (2.79%) holding in WW

Rhea-AI Filing Summary

Arini Capital Management and affiliated entities report ownership of 278,890 Class A ordinary shares of WW International, Inc., representing 2.79% of the 10,000,000 shares used as the calculation base. The filing, submitted on behalf of Arini Capital Management Limited, Arini Capital Management US LLC, Arini Credit Master Fund Limited, Arini Capital Management Holdings (Jersey) Limited, Squarepoint Diversified Partners Fund 7 Limited and Hamza M. Lemssouguer, shows shared voting and dispositive power over the reported shares and no sole voting or dispositive power.

The filing states these holdings are managed across multiple accounts with ACM as investment manager and ACM US as sub-advisor, and discloses ownership relationships among ACM, ACMH and Mr. Lemssouguer. The statement affirms the securities were not acquired to change control of the issuer.

Insights

Financial Analyst

TL;DR: A collective 2.79% stake in WW is reported by Arini-related entities; position is below 5% and appears passive.

The Schedule 13G/A discloses 278,890 shares (2.79% of the 10,000,000-share base) held with shared voting and dispositive power and no sole control. For investors, holdings below 5% typically indicate non-activist, passive intent under the reporting rules. The filing clarifies the ownership chain: ACM is the investment manager, ACMH owns ACM, and Mr. Lemssouguer is the ultimate owner, which explains why multiple related entities filed. No indication of acquisition for control or coordinated activism is provided.

Corporate Governance Expert

TL;DR: Related-party structure disclosed; governance impact appears limited given shared, non-sole voting power and sub-5% stake.

The report transparently identifies reporting persons and the advisory/sub-advisory relationships, which is important for governance transparency. The position is recorded as shared voting/dispositive power across accounts, not sole control. Because the stake is under 5% and the certification states no intent to influence control, this filing signals routine disclosure rather than a governance change or activist engagement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

WW International, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

98262P200

(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

CUSIP No. 98262P200

1

Names of Reporting Persons

Arini Capital Management Limited

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 KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 278,890.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 278,890.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

278,890.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.79 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Arini Capital Management Limited ("ACM"), a United Kingdom private limited company, is the principal investment manager to a number of private funds and discretionary accounts (collectively, the "Accounts")

SCHEDULE 13G

CUSIP No. 98262P200

1

Names of Reporting Persons

Arini Capital Management US 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

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 278,890.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 278,890.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

278,890.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.79 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Arini Capital Management US LLC ("ACM US"), a Delaware limited liability company, is a sub-advisor to ACM and the Accounts.

SCHEDULE 13G

CUSIP No. 98262P200

1

Names of Reporting Persons

Arini Credit Master Fund Limited

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

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 254,176.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 254,176.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

254,176.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.54 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Arini Credit Master Fund Limited ("ACMF"), a Cayman Islands exempted company. ACM is the investment advisor to ACMF, with ACM US acting as sub-advisor.

SCHEDULE 13G

CUSIP No. 98262P200

1

Names of Reporting Persons

Squarepoint Diversified Partners Fund 7 Limited

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

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 24,714.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 24,714.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

24,714.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.25 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Squarepoint Diversified Partners Fund 7 Limited ("DIV7"), a Cayman Islands exempted company. Squarepoint Ops LLC is the principal investment manager to DIV7, ACM is the sub-advisor to DIV7 and holds investment discretion for DIV7, with ACM US being a sub-sub-advisor.

SCHEDULE 13G

CUSIP No. 98262P200

1

Names of Reporting Persons

Arini Capital Management Holdings (Jersey) Limited

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

NEW JERSEY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 278,890.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 278,890.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

278,890.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.79 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Arini Capital Management Holdings (Jersey) Limited ("ACMH"), a Jersey company. ACMH is the sole owner of ACM.

SCHEDULE 13G

CUSIP No. 98262P200

1

Names of Reporting Persons

Hamza M. Lemssouguer

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

FRANCE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 278,890.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 278,890.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

278,890.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.79 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Hamza Lemssouguer is the Founder and CIO of ACM. Hamza Lemssouguer is the sole owner of ACMH.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WW International, Inc.
(b)	Address of issuer's principal executive offices: 18 West 18th Street, 7th Floor, New York, NY 10011
Item 2.
(a)	Name of person filing: Arini Capital Management Limited
(b)	Address or principal business office or, if none, residence: 2 Park Street, 2nd & 3rd Floors, London, UK W1K 2HX
(c)	Citizenship: United Kingdom
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 98262P200
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: 278,890
(b)	Percent of class: 2.79%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 278,890
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 278,890
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. ACM serves as the principal investment manager to the Accounts and thus may be deemed beneficial owners of the Ordinary Shares in the Accounts managed by ACM and/or ACM US. ACMH serves as the sole owner of ACM. As such, ACMH may be deemed to control ACM and, therefore, may be deemed to be the beneficial owners of the Ordinary Shares reported in this Schedule 13G. Hamza Lemssouguer is the sole owner of ACMH, and, for purposes of this Schedule 13G, may be deemed a beneficial owner of the Ordinary Shares reported herein. The percentages reported in this Schedule 13G have been calculated based on 10,000,000 Class A ordinary shares, as set forth in the Issuer's Form 8-K filed with the SEC on June 23, 2025.
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
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See Item 6
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

Arini Capital Management Limited

Signature:	/s/ Hamza Lemssouguer
Name/Title:	Hamza Lemssouguer, Founder and Chief Investment Officer
Date:	08/14/2025

Arini Capital Management US LLC

Signature:	/s/ Hamza Lemssouguer
Name/Title:	Hamza Lemssouguer, Founder and Chief Investment Officer
Date:	08/14/2025

Arini Credit Master Fund Limited

Signature:	/s/ Hamza Lemssouguer
Name/Title:	Hamza Lemssouguer, Founder and Chief Investment Officer
Date:	08/14/2025

Squarepoint Diversified Partners Fund 7 Limited

Signature:	/s/ Hamza Lemssouguer
Name/Title:	Hamza Lemssouguer, Founder and Chief Investment Officer
Date:	08/14/2025

Arini Capital Management Holdings (Jersey) Limited

Signature:	/s/ Hamza Lemssouguer
Name/Title:	Hamza Lemssouguer, Founder and Chief Investment Officer
Date:	08/14/2025

Hamza M. Lemssouguer

Signature:	/s/ Hamza Lemssouguer
Name/Title:	Hamza Lemssouguer, Founder and Chief Investment Officer
Date:	08/14/2025

FAQ

What stake in WW (WW) do Arini-related entities report?

They report beneficial ownership of 278,890 shares, representing 2.79% of the class based on a 10,000,000 share denominator.

Do the filers claim sole voting or dispositive power over the WW shares?

No. The filing shows 0 sole voting and 0 sole dispositive power, with 278,890 shares held with shared voting and dispositive power.

Which entities filed the Schedule 13G/A for WW?

Filers include Arini Capital Management Limited, Arini Capital Management US LLC, Arini Credit Master Fund Limited, Squarepoint Diversified Partners Fund 7 Limited, Arini Capital Management Holdings (Jersey) Limited, and Hamza M. Lemssouguer.

Does the filing indicate intent to influence control of WW?

No. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

On what basis was the percent ownership calculated?

Percentages were calculated using 10,000,000 Class A ordinary shares as the denominator, per the issuers filed figure noted in the Schedule.