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    SEC Form SC 13G filed by Cerence Inc.

    8/14/24 5:00:12 PM ET
    $CRNC
    Computer Software: Prepackaged Software
    Technology
    Get the next $CRNC alert in real time by email
    SC 13G 1 tm2421460d1_sc13g.htm SC 13G

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G

     

    Under the Securities Exchange Act of 1934 

    (Amendment No.      )*

     

    Cerence, Inc.
    (Name of Issuer)
     
    Common Stock
    (Title of Class of Securities)
     
    156727109
    (CUSIP Number)
     
    June 30, 2024
    (Date of Event Which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    x Rule 13d-1(b)
    ¨ Rule 13d-1(c)
    o Rule 13d-1(d)

     

    *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 the disclosures provided in a prior cover page.

     

    The information required in 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).

     

     

     

     

     

     

    CUSIP No.

     

    1.

    Names of Reporting Persons

    American Capital Management, Inc.

     
    2.

    Check the Appropriate Box if a Member of a Group (See Instructions)

     
      (a) x  
      (b) ¨  
    3.

    SEC Use Only

     
    4.

    Citizenship or Place of Organization

    New York

     

    Number of
    Shares
    Beneficially
    Owned by
    Each
    Reporting
    Person With
    5.

    Sole Voting Power

    1,668,146

    6.

    Shared Voting Power

    0

    7.

    Sole Dispositive Power

    3,879,375

    8.

    Shared Dispositive Power

    0

    9.

    Aggregate Amount Beneficially Owned by Each Reporting Person

    3,879,375

    10.

    Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨

    11.

    Percent of Class Represented by Amount in Row (9)

    9.3%

    12.

    Type of Reporting Person (See Instructions)

    IA

     

    2

     

     

    Item 1.  
      (a) Name of Issuer
        Cerence, Inc.
      (b) Address of Issuer’s Principal Executive Offices
       

    25 Burlington Mall Road, Suite 416, Burlington, MA 01803

         
    Item 2.  
      (a) Name of Person Filing
        American Capital Management, Inc.
    (b) Address of Principal Business Office or, if none, Residence
       

    575 Lexington Avenue , 30th Floor, NY NY 10022

    (c) Citizenship
        New York Based Company
    (d) Title of Class of Securities
        Common Stock
    (e) CUSIP Number
       
         
    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) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
      (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
      (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
      (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
      (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
      (f) o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
      (g) o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
      (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
      (i) o 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) o A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
      (k) o Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________

     

    3

     

     

    Item 4. Ownership
    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
       
      (a) Amount beneficially owned:
        3,879,375
      (b) Percent of class:
        9.3
      (c) Number of shares as to which the person has:
         
        (i) Sole power to vote or to direct the vote
          1,668,146
        (ii) Shared power to vote or to direct the vote
          0
        (iii) Sole power to dispose or to direct the disposition of
          3,879,375
        (iv) Shared power to dispose or to direct the disposition of
          0
           
    Item 5. Ownership of Five Percent or Less of a Class
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.
       
    Item 6. Ownership of More than Five Percent on Behalf of Another Person
       
       
    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
       
       
    Item 8. Identification and Classification of Members of the Group
       
       
    Item 9. Notice of Dissolution of Group
       
       
    Item 10. Certification

     

    4

     

     

    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.

     

      8/14/2024
      Date 
       
      /s/ Michael Meagher
      Signature 
       
      Chief Compliance Officer
      Name/Title 

     

      ATTENTION  
      Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).  

     

    5

     

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