[SCHEDULE 13D/A] TaskUs, Inc. SEC Filing
Think Investments LP and Think India Opportunities Master Fund LP disclosed beneficial ownership of TaskUs, Inc. common stock totaling 3,734,665 shares by Think Investments LP (representing 19.8% of Class A) and 3,157,150 shares by the Master Fund (representing 16.8% of Class A). The reporting persons state purchases were made with cash and that their holdings are for investment purposes while expressing an intent to explore opportunities to maximize value, which may include discussions regarding the recently announced take-private transaction. They reserve the right to buy or sell additional securities and have no present detailed plans or proposals. The filing references exhibits showing purchase transactions, a joint filing agreement and an evaluation document.
Think Investments LP e Think India Opportunities Master Fund LP hanno dichiarato la titolarit脿 effettiva di azioni ordinarie di TaskUs, Inc.: 3.734.665 azioni detenute da Think Investments LP (pari al 19,8% della Classe A) e 3.157.150 azioni dal Master Fund (pari al 16,8% della Classe A). I soggetti notificanti dichiarano che gli acquisti sono stati effettuati in contanti e che le partecipazioni sono a fini di investimento, pur manifestando l鈥檌ntenzione di valutare iniziative per massimizzare il valore, che potrebbero includere colloqui relativi alla recente proposta di transazione per la privatizzazione. Si riservano il diritto di acquistare o vendere ulteriori titoli e non hanno piani o proposte dettagliate al momento. Il deposito allega exhibit che mostrano le transazioni di acquisto, un accordo di deposito congiunto e un documento di valutazione.
Think Investments LP y Think India Opportunities Master Fund LP divulgaron la propiedad beneficiaria de acciones ordinarias de TaskUs, Inc.: 3.734.665 acciones por parte de Think Investments LP (equivalente al 19,8% de la Clase A) y 3.157.150 acciones por parte del Master Fund (equivalente al 16,8% de la Clase A). Los informantes indican que las compras se realizaron en efectivo y que sus participaciones son para fines de inversi贸n, aunque expresan la intenci贸n de explorar oportunidades para maximizar el valor, lo que podr铆a incluir conversaciones sobre la transacci贸n recientemente anunciada para sacar la compa帽铆a de la bolsa. Se reservan el derecho a comprar o vender valores adicionales y no tienen planes o propuestas detalladas por ahora. La presentaci贸n hace referencia a anexos que muestran las transacciones de compra, un acuerdo de presentaci贸n conjunta y un documento de evaluaci贸n.
Think Investments LP鞕赌 Think India Opportunities Master Fund LP電� TaskUs, Inc. 氤错喌欤检潣 鞁れ 靻岇湢毳� 瓿奠嫓頄堨姷雼堧嫟. Think Investments LP電� 3,734,665欤�(韥措灅鞀� A鞚� 19.8%), 毵堨姢韯� 韼�霌滊姅 3,157,150欤�(韥措灅鞀� A鞚� 16.8%)毳� 氤挫湢頃╇媹雼�. 氤搓碃鞚胳潃 毵れ垬臧� 順勱笀鞙茧 鞚措（鞏挫鞙茧┌ 氤挫湢 氇╈爜鞚� 韴瀽霛缄碃 氚濏様鞙茧┌, 斓滉芳 氚滍憸霅� 牍勳儊鞛� 鞝勴櫂(韰岇澊韥�-頂勲澕鞚措箺) 瓯半灅 甏�霠� 雲检潣毳� 韽暔頃� 靾� 鞛堧姅 臧�旃� 攴闺寑頇� 氚╈晥 瓴�韱� 鞚橃偓毳� 響滊獏頄堨姷雼堧嫟. 於旉皜 歃濌秾鞚� 毵るГ 甓岆Μ電� 氤挫湢頃橂悩 順勳灛 甑泊鞝侅澑 瓿勴殟鞚措倶 鞝滌晥鞚� 鞐嗢姷雼堧嫟. 鞝滌稖 氍胳劀鞐愲姅 毵れ垬 瓯半灅 雮挫棴, 瓿惦彊 鞝滌稖 瓿勳暯靹� 氚� 韽夑皜 氍胳劀臧� 觳秬霅橃柎 鞛堧嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
Think Investments LP et Think India Opportunities Master Fund LP ont divulgu茅 la propri茅t茅 b茅n茅ficiaire d'actions ordinaires de TaskUs, Inc. : 3 734 665 actions d茅tenues par Think Investments LP (repr茅sentant 19,8% de la Classe A) et 3 157 150 actions par le Master Fund (repr茅sentant 16,8% de la Classe A). Les personnes d茅clarantes indiquent que les acquisitions ont 茅t茅 effectu茅es en esp猫ces et que leurs participations sont 脿 des fins d'investissement, tout en exprimant l'intention d'explorer des opportunit茅s pour maximiser la valeur, ce qui pourrait inclure des discussions concernant la transaction de privatisation r茅cemment annonc茅e. Elles se r茅servent le droit d'acheter ou de vendre des titres suppl茅mentaires et n'ont pas de plans ou propositions d茅taill茅s 脿 ce stade. Le d茅p么t renvoie 脿 des annexes montrant les transactions d'achat, un accord de d茅p么t conjoint et un document d'茅valuation.
Think Investments LP und Think India Opportunities Master Fund LP gaben die wirtschaftliche Eigent眉merschaft an Stammaktien von TaskUs, Inc. bekannt: Think Investments LP h盲lt 3.734.665 Aktien (entsprechend 19,8% der Klasse A) und der Master Fund 3.157.150 Aktien (entsprechend 16,8% der Klasse A). Die meldenden Personen erkl盲ren, dass die K盲ufe in bar erfolgt sind und die Beteiligungen zu Investitionszwecken gehalten werden, wobei sie zugleich die Absicht 盲u脽ern, M枚glichkeiten zur Wertsteigerung zu pr眉fen, was Gespr盲che 眉ber die k眉rzlich angek眉ndigte 脺bernahme in die Privatf眉hrung einschlie脽en k枚nnte. Sie behalten sich das Recht vor, weitere Wertpapiere zu kaufen oder zu verkaufen, und haben derzeit keine konkreten Pl盲ne oder Vorschl盲ge. Die Einreichung verweist auf Anlagen mit Kauftransaktionen, einer gemeinsamen Meldevereinbarung und einem Bewertungsdokument.
- Significant stake disclosed: Think Investments LP reports beneficial ownership equal to 19.8% of Class A shares, which is a material holding.
- Clear funding source: Purchases were made with cash, indicating no derivative or leveraged structure disclosed.
- Coordination disclosed: Exhibits include a Joint Filing Agreement, clarifying the relationship between reporting persons.
- No present proposals: Reporting persons state they have no present plans or proposals, limiting immediate actionable outcomes for investors.
- Concentration risk: A near-20% shared voting position could be perceived as a potential destabilizing factor for other shareholders pending further action.
Insights
TL;DR: A substantial passive stake near 20% signals significant investor interest and potential engagement around TaskUs's take-private process.
The filing shows Think Investments LP with shared voting and dispositive power over 3,734,665 shares, equal to 19.8% of the Class A outstanding shares used in the calculation, and the Master Fund with 3,157,150 shares (16.8%). Cash funded the purchases and the reporting persons describe an intent to explore value-enhancing opportunities, including discussions about the announced take-private transaction, while stating no present formal proposals. The disclosure is material because near-20% ownership can influence governance outcomes and warrants monitoring of any subsequent proposals, coordinated actions or additional filings that would change control or voting dynamics.
TL;DR: Ownership levels reported create leverage to engage management or acquirers but the filer reports no definitive plan today.
Think Investments LP asserts investment-purpose motives and reserved discretion to transact further. The filing includes a joint filing agreement and transaction exhibit, indicating coordinated reporting and prior purchases. From a governance perspective, shared voting power approaching 20% is large enough to prompt management and other shareholders to take engagement seriously, particularly given the referenced take-private transaction. The disclosure appropriately outlines authority to vote and dispose of the securities on behalf of pooled vehicles, clarifying the adviser relationship and mechanics of control.
Think Investments LP e Think India Opportunities Master Fund LP hanno dichiarato la titolarit脿 effettiva di azioni ordinarie di TaskUs, Inc.: 3.734.665 azioni detenute da Think Investments LP (pari al 19,8% della Classe A) e 3.157.150 azioni dal Master Fund (pari al 16,8% della Classe A). I soggetti notificanti dichiarano che gli acquisti sono stati effettuati in contanti e che le partecipazioni sono a fini di investimento, pur manifestando l鈥檌ntenzione di valutare iniziative per massimizzare il valore, che potrebbero includere colloqui relativi alla recente proposta di transazione per la privatizzazione. Si riservano il diritto di acquistare o vendere ulteriori titoli e non hanno piani o proposte dettagliate al momento. Il deposito allega exhibit che mostrano le transazioni di acquisto, un accordo di deposito congiunto e un documento di valutazione.
Think Investments LP y Think India Opportunities Master Fund LP divulgaron la propiedad beneficiaria de acciones ordinarias de TaskUs, Inc.: 3.734.665 acciones por parte de Think Investments LP (equivalente al 19,8% de la Clase A) y 3.157.150 acciones por parte del Master Fund (equivalente al 16,8% de la Clase A). Los informantes indican que las compras se realizaron en efectivo y que sus participaciones son para fines de inversi贸n, aunque expresan la intenci贸n de explorar oportunidades para maximizar el valor, lo que podr铆a incluir conversaciones sobre la transacci贸n recientemente anunciada para sacar la compa帽铆a de la bolsa. Se reservan el derecho a comprar o vender valores adicionales y no tienen planes o propuestas detalladas por ahora. La presentaci贸n hace referencia a anexos que muestran las transacciones de compra, un acuerdo de presentaci贸n conjunta y un documento de evaluaci贸n.
Think Investments LP鞕赌 Think India Opportunities Master Fund LP電� TaskUs, Inc. 氤错喌欤检潣 鞁れ 靻岇湢毳� 瓿奠嫓頄堨姷雼堧嫟. Think Investments LP電� 3,734,665欤�(韥措灅鞀� A鞚� 19.8%), 毵堨姢韯� 韼�霌滊姅 3,157,150欤�(韥措灅鞀� A鞚� 16.8%)毳� 氤挫湢頃╇媹雼�. 氤搓碃鞚胳潃 毵れ垬臧� 順勱笀鞙茧 鞚措（鞏挫鞙茧┌ 氤挫湢 氇╈爜鞚� 韴瀽霛缄碃 氚濏様鞙茧┌, 斓滉芳 氚滍憸霅� 牍勳儊鞛� 鞝勴櫂(韰岇澊韥�-頂勲澕鞚措箺) 瓯半灅 甏�霠� 雲检潣毳� 韽暔頃� 靾� 鞛堧姅 臧�旃� 攴闺寑頇� 氚╈晥 瓴�韱� 鞚橃偓毳� 響滊獏頄堨姷雼堧嫟. 於旉皜 歃濌秾鞚� 毵るГ 甓岆Μ電� 氤挫湢頃橂悩 順勳灛 甑泊鞝侅澑 瓿勴殟鞚措倶 鞝滌晥鞚� 鞐嗢姷雼堧嫟. 鞝滌稖 氍胳劀鞐愲姅 毵れ垬 瓯半灅 雮挫棴, 瓿惦彊 鞝滌稖 瓿勳暯靹� 氚� 韽夑皜 氍胳劀臧� 觳秬霅橃柎 鞛堧嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
Think Investments LP et Think India Opportunities Master Fund LP ont divulgu茅 la propri茅t茅 b茅n茅ficiaire d'actions ordinaires de TaskUs, Inc. : 3 734 665 actions d茅tenues par Think Investments LP (repr茅sentant 19,8% de la Classe A) et 3 157 150 actions par le Master Fund (repr茅sentant 16,8% de la Classe A). Les personnes d茅clarantes indiquent que les acquisitions ont 茅t茅 effectu茅es en esp猫ces et que leurs participations sont 脿 des fins d'investissement, tout en exprimant l'intention d'explorer des opportunit茅s pour maximiser la valeur, ce qui pourrait inclure des discussions concernant la transaction de privatisation r茅cemment annonc茅e. Elles se r茅servent le droit d'acheter ou de vendre des titres suppl茅mentaires et n'ont pas de plans ou propositions d茅taill茅s 脿 ce stade. Le d茅p么t renvoie 脿 des annexes montrant les transactions d'achat, un accord de d茅p么t conjoint et un document d'茅valuation.
Think Investments LP und Think India Opportunities Master Fund LP gaben die wirtschaftliche Eigent眉merschaft an Stammaktien von TaskUs, Inc. bekannt: Think Investments LP h盲lt 3.734.665 Aktien (entsprechend 19,8% der Klasse A) und der Master Fund 3.157.150 Aktien (entsprechend 16,8% der Klasse A). Die meldenden Personen erkl盲ren, dass die K盲ufe in bar erfolgt sind und die Beteiligungen zu Investitionszwecken gehalten werden, wobei sie zugleich die Absicht 盲u脽ern, M枚glichkeiten zur Wertsteigerung zu pr眉fen, was Gespr盲che 眉ber die k眉rzlich angek眉ndigte 脺bernahme in die Privatf眉hrung einschlie脽en k枚nnte. Sie behalten sich das Recht vor, weitere Wertpapiere zu kaufen oder zu verkaufen, und haben derzeit keine konkreten Pl盲ne oder Vorschl盲ge. Die Einreichung verweist auf Anlagen mit Kauftransaktionen, einer gemeinsamen Meldevereinbarung und einem Bewertungsdokument.
FAQ
How many TaskUs (TASK) shares do Think Investments LP and the Master Fund report owning?
What percent of TaskUs Class A stock does the filing state is owned by Think Investments LP?
What was the source of funds for the purchases reported in the Schedule 13D/A?
Does the filing indicate the reporting persons have concrete plans to change TaskUs's management or capital structure?
Are there exhibits attached to the filing that detail transactions or agreements?
