UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 12)*
Playtika Holding Corp.
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
72815L 107
(CUSIP Number)
Alpha Frontier Limited
c/o Giant Investment Co., Ltd.
988 Zhongkai road
Sonjiang District Shanghai, China 200160
86 (21) 3397 9999*8010
Copies to:
Cai Guangliang
988 Zhongkai road
Sonjiang District Shanghai, China 200160
86 (21) 3397 9999*8010
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November 27, 2024
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐
* | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 2 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Playtika Holding UK II Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
202,889,343 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
202,889,343 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,889,343 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.4% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 3 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Alpha Frontier Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
202,889,343 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
202,889,343 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,889,343 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.4% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 4 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Shanghai Cibi Business Information Consultancy Co., Ltd. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
PRC |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
202,889,343 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
202,889,343 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,889,343 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.4% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 5 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Shanghai Jukun Network Technology Co., Ltd. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
PRC |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
202,889,343 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
202,889,343 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,889,343 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54.4% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 6 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Giant Network Group Co., Ltd. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
WC | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
PRC |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
93,189,674 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
73,789,054 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
93,189,674 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.0%(1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of Novembr 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 7 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Giant Investment Co., Ltd. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
PRC |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
222,289,963 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
202,889,343 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
222,289,963 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
59.6% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 8 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Yuzhu Shi | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
PRC |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
222,289,963 | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
202,889,343 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
222,289,963 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
59.6% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
IN |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 9 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Hazlet Global Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
BVI |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
None | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
48,769,736 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,769,736 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.1%(1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 10 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Equal Sino Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
BVI |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
None | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
48,769,736 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,769,736 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.1%(1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
CO |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 11 of 13 Pages |
1 |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Jing Shi | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Singapore |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
None | ||||
8 | SHARED VOTING POWER
None | |||||
9 | SOLE DISPOSITIVE POWER
None | |||||
10 | SHARED DISPOSITIVE POWER
48,769,736 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,769,736 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.1%(1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
IN |
(1) | The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is based on 372,713,159 outstanding common stock as disclosed by the Issuer as of November 4, 2024 in its Quarterly Report on Form 10-Q, as filed with the SEC on November 7, 2024. |
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 12 of 13 Pages |
This Amendment No. 12 supplements and amends the Schedule 13D filed on April 6, 2021, the Schedule 13D/A filed on May 11, 2021, the Schedule 13D/A filed on January 24, 2022, the Schedule 13D/A filed on February 25, 2022, the Schedule 13D/A filed on June 28, 2022, the Schedule 13D/A filed on August 24, 2022, the Schedule 13D/A filed on August 29, 2022, the Schedule 13D/A filed on October 24, 2022, the Schedule 13D/A filed on December 5, 2022, the Schedule 13D/A filed on January 3, 2023, the Schedule 13D/A filed on January 3, 2024 and the Schedule 13D/A filed on September 20, 2024 by the Reporting Persons (as defined below) (as so amended, the “Schedule 13D”), relating to the common stock, par value $0.01 per share (“Shares”), of Playtika Holding, Corp., a Delaware corporation (the “Issuer” or “Playtika”). Unless otherwise indicated herein, capitalized terms used but not defined in this Amendment No. 12 shall have the same meanings herein as are ascribed to such terms in the Schedule 13D.
This Amendment No. 12 is being filed by:
i. | Playtika Holding UK II Limited (“PHUKII”); |
ii. | Alpha Frontier Limited (“Alpha”); |
iii. | Shanghai Cibi Business Information Consultancy Co., Ltd (“Shanghai Cibi”); |
iv. | Shanghai Jukun Network Technology Co., Limited. (“Shanghai Jukun”); |
v. | Giant Network Group Co., Limited (“Giant”); |
vi. | Giant Investment Co., Limited (“Giant Investment”); |
vii. | Yuzhu Shi; |
viii. | Hazlet Global Limited (“Hazlet”); |
ix. | Equal Sino Limited (“Equal Sino”); and |
x. | Jing Shi (each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons”). |
Item 5. | Interest in Securities of the Issuer. |
(c) Except for (i) the sale of shares of common stock as disclosed in the Form 4 filed as on November 26, 2024 and (ii) the sale of 78,726 shares of common stock at a weighted average sale price of $8.54 on November 26, 2024, the Reporting Person has not effectuated any transactions during the past 60 days in any shares of common stock.
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
Stock Pledge Agreement
As previously disclosed, in September 2024, PHUKII entered into certain stock pledge agreements (the “Existing Pledge Ageements”) in connection with (i) an existing loan agreement between Shanghai Cibi, an affiliate of PHUKII, and China Minsheng Banking-Corp. Ltd., Shanghai Branch (“Lender”) (the “Existing Shanghai Cibi Loan Agreement”) and (ii) an existing loan agreement between Shanghai Zhunji Business Consultancy Partnership (“Zhunji”), an affiliate of PHUKII, and Lender (the “Existing Zhunji Loan Agreement”). Under the Existing Pledge Agreements, PHUKII pledged (a) as a first priority security interest, 48,769,736 of the Shares of the Issuer (the “Zhunji Loan Collateral”) to secure the obligations of Zhunji under the Existing Zhunji Loan Agreement, and (b) (A) as a first priority security interest, 150,589,906 of the Shares of the Issuer (the “Shanghai Cibi Loan Collateral”) and (B) as a second priority security interest, the Zhunji Loan Collateral, in each case to secure the obligations of Shanghai Cibi under the Existing Shanghai Cibi Loan Agreement.
SCHEDULE 13D
CUSIP No. 72815L 107 | Page 13 of 13 Pages |
As previously disclosed, the Existing Pledge Agreements were part of ongoing discussions with respect to refinancing certain debt arrangements, including the Existing Shanghai Cibi Loan Agreement and the Existing Zhunji Loan Agreement. As part of these refinancing discussions, Shanghai Jukun entered into certain loan agreements and expects to enter into additional loan agreements with Lender (collectively, the “Shanghai Jukun Loan Agreements”). Pursuant to such loan agreements, Lender will make available to Shanghai Jukun certain new loans, the proceeds of which are intended to be used (in combination with Shanghai Cibi’s funds on hand) to repay a portion of the amounts outstanding under the Existing Shanghai Cibi Loan Agreement. In connection with the Shanghai Jukun Loan Agreements, on November 27, 2024, PHUKII entered into a stock pledge agreement (the “Shanghai Jukun Loan Pledge Agreement”) with Lender pursuant to which PHUKII pledged (i) as a second priority security interest, the Shanghai Cibi Loan Colateral and (ii) as a fourth ranking security interest, the Zhunji Loan Collateral, in each case to secure the obligations of Shanghai Jukun under the Shanghai Jukun Loan Agreements.
Further, Shanghai Giant Investment Management Co., Ltd. (“Giant Investment Management”), an affiliate of Giant Investment, expects to enter into certain loan agreements with Lender (collectively, the “Giant Investment Management Loan Agreements”). Pursuant to such loan agreements, Lender will make available to Giant Investment Management certain new loans, the proceeds of which will are intended to be used (in combination with Zhunji’s funds on hand) to fully repay the Existing Zhunji Loan Agreement. In connection with the Giant Investment Management Loan Agreements, on November 27, 2024, PHUKII entered into a stock pledge agreement (the “Giant Investment Management Loan Pledge Agreement”, and, together with the Shanghai Jukun Loan Pledge Agreement, the “New Pledge Agreements”) with Lender pursuant to which PHUKII pledged as a third ranking security interest, the Zhunji Loan Collateral to secure the obligations of Giant Investment Management under the the Giant Investment Management Loan Agreements.
In addition to the New Pledge Agreements, Shanghai Cibi and Hazlet also pledged certain shares of Alpha to Lender as additional security under the Shanghai Jukun Loan Agreements and the Giant Investment Management Loan Agreements, respectively. Upon the occurrence of certain customary events of default, the Lender may exercise its rights under the New Pledge Agreements to foreclose on, and dispose of, the applicable collateral in accordance with the New Pledge Agreements.
The foregoing descriptions of the New Pledge Agreements do not purport to be complete and are qualified in their entirety by reference to the full text of the Pledge Agreements, copies of which are attached hereto as Exhibits 99.1 and 99.2 and are incorporated herein by reference.
Item 7. | Material to be Filed as Exhibits |
Exhibit | Description | |
99.1 | Shanghi Jukun Loan Pledge Agreement, dated November 27, 2024. | |
99.2 | Giant Investment Management Loan Pledge Agreement, dated November 27, 2024. |
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.
Dated: November 27, 2024 | PLAYTIKA HOLDING UK II LIMITED | |||||
By: | /s/ Tian Lin | |||||
Name: | Tian Lin | |||||
Title: | Director | |||||
By: | /s/ Yu Du | |||||
Name: | Yu Du | |||||
Title: | Director | |||||
ALPHA FRONTIER LIMITED | ||||||
By: | /s/ Lu Zhang | |||||
Name: | Lu Zhang | |||||
Title: | Director | |||||
SHANGHAI CIBI BUSINESS INFORMATION CONSULTANCY CO., LIMITED | ||||||
By: | /s/ Fei Yongjun | |||||
Name: | Fei Yongjun | |||||
Title: | Legal Representative & Authorized Signatory | |||||
SHANGHAI JUKUN NETWORK TECHNOLOGY COMPANY LIMITED | ||||||
By: | /s/ Fei Yongjun | |||||
Name: | Fei Yongjun | |||||
Title: | Legal Representative & Authorized Signatory | |||||
GIANT NETWORK GROUP COMPANY LIMITED | ||||||
By: | /s/ Liu Wei | |||||
Name: | Liu Wei | |||||
Title: | Director & Authorized Signatory |
GIANT INVESTMENT COMPANY LIMITED | ||||
By: | /s/ Shi Yuzhu | |||
Name: | Shi Yuzhu | |||
Title: | Director & Authorized Signatory | |||
SHI YUZHU | ||||
/s/ Shi Yuzhu | ||||
HAZLET GLOBAL LIMITED | ||||
By: | /s/ Wang Ruofei | |||
Name: | Wang Ruofei | |||
Title: | Director | |||
EQUAL SINO LIMITED | ||||
By: | /s/ Wang Ruofei | |||
Name: | Wang Ruofei | |||
Title: | Director | |||
JING SHI | ||||
/s/ Jing Shi |