Wasatch Advisors holds 12.6% of Paymentus (NYSE: PAY) on amended 13G/A
Rhea-AI Filing Summary
Wasatch Advisors reported beneficial ownership of 7,896,896 shares of Paymentus Holdings Inc Class A common stock, representing 12.6% of the class. The filing shows Wasatch has sole voting power over 5,222,433 shares and sole dispositive power over 7,896,896 shares. The Schedule 13G/A amends prior disclosure and is signed by the filer’s CEO.
Positive
- None.
Negative
- None.
Insights
Wasatch Advisors holds a significant passive stake in Paymentus at 12.6%.
Wasatch's Schedule 13G/A reports 7,896,896 shares beneficially owned and sole dispositive power over that amount. The filing characterizes the position as an ownership disclosure rather than an active transaction.
Key dependencies include whether the stake is passive under Rule 13d-1(b) and any future amendments to ownership; subsequent Form 13D or Form 4 filings would change the regulatory view.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
sole dispositive power regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.