secwatch.observer — SEC 8-K summary
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Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001834584-25-000062
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458425000062/0001834584-25-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458425000062/cpng-20250407.htm
  HTML page:      https://secwatch.observer/filing/0001834584-25-000062

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