AI English summary of an SEC filing — figures as filed
Dell said it issued 3,991,503 shares of Class C common stock on December 5, 2024, December 6, January 6, 2025, January 7 and January 8, upon conversion of the same number of shares of Class B common stock.
Key points
AI summaryDell said it issued 3,991,503 shares of Class C common stock on December 5, 2024, December 6, January 6, 2025, January 7 and January 8, upon conversion of the same number of shares of Class B common stock.
The company disclosed that 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.
The company said that as of January 8, 2025, after giving effect to the conversions, 358,574,323 shares of Class C common stock and 62,368,123 shares of Class B common stock were outstanding.
The company said Class B common stock is convertible into Class C common stock on a 1-to-1 basis, and that the issuance was made without registration under the exemption afforded by Section 3(a)(9) of the Securities Act of 1933. The company said no commission or other remuneration was paid for soliciting the exchange.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Class B to Class C Conversion Issuance Size
Dell said it issued 3,991,503 shares of Class C common stock on December 5, 2024, December 6, January 6, 2025, January 7 and January 8, upon conversion of the same number of shares of Class B common stock.
Source · Based on the filing body and exhibits
Silver Lake-Affiliated Holders Converting Shares
The company disclosed that 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.
Source · Based on the filing body and exhibits
Shares Outstanding as of January 8, 2025
The company said that as of January 8, 2025, after giving effect to the conversions, 358,574,323 shares of Class C common stock and 62,368,123 shares of Class B common stock were outstanding.
Source · Based on the filing body and exhibits
Conversion Terms and Registration Exemption Basis
The company said Class B common stock is convertible into Class C common stock on a 1-to-1 basis, and that the issuance was made without registration under the exemption afforded by Section 3(a)(9) of the Securities Act of 1933. The company said no commission or other remuneration was paid for soliciting the exchange.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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