The company said it issued 5,139,967 shares of Class C common stock from March 13, 2024 to March 21 over 7 trading days, upon conversion of the same number of Class B common stock shares.

1. 01

   The company said it issued 5,139,967 shares of Class C common stock from March 13, 2024 to March 21 over 7 trading days, upon conversion of the same number of Class B common stock shares.

2. 02

   The company said the converted Class B common stock was held by SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Technology Investors IV, L.P., Silver Lake Partners V DE (AIV), L.P. and Silver Lake Technology Investors V, L.P.

3. 03

   The company said it had 305,216,717 shares of Class C common stock outstanding as of March 18, 2024. It said Class B holders may convert their shares into Class C at any time on a 1-to-1 basis, and that Class B shares convert automatically on a one-to-one basis upon certain transfers.

4. 04

   The company said the issuance of the Class C common stock was made without registration in reliance on the exemption under Section 3(a)(9) of the Securities Act of 1933, and that no commission or other remuneration was paid for soliciting the exchange.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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