Coupang acquires Greenoaks' 19.9% stake in Farfetch-owning entity for $140M

Coupang, Inc.

Coupang paid $14.1M cash and issued 5.47M shares of Class A stock to Greenoaks.
Shares issued at VWAP over 30 trading days ending April 4, 2025; aggregate consideration ~$140M.
Transaction makes Coupang sole owner of Surpique LP, which holds Farfetch assets.
Neil Mehta, Coupang Lead Independent Director, is Greenoaks Managing Partner; Greenoaks owns ~3.2% of Coupang Class A stock.
Shares issued are unregistered, exempt under Section 4(a)(2) of the Securities Act.

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