secwatch.observer — SEC 8-K summary
======================================

Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001834584-24-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coupang repurchases 10M Class A shares from Maverick Holdings for $177.9M
-------------------------------------------------------------------------

- Repurchased 10,000,000 shares from early-stage investor Maverick Holdings C, L.P. at $17.79 per share.
- Aggregate purchase price of $177.9 million; transaction closed on April 3, 2024.
- Privately negotiated repurchase; Company states it will continue to evaluate capital allocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458424000034/0001834584-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458424000034/cpng-20240402.htm
  HTML page:      https://secwatch.observer/filing/0001834584-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer