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    Amendment: SEC Form SC 13G/A filed by Mobileye Global Inc.

    11/5/24 7:10:55 PM ET
    $MBLY
    Computer Software: Prepackaged Software
    Technology
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    SC 13G/A 1 d902446dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    SCHEDULE 13G/A

    Under the Securities Exchange Act of 1934

    (Amendment No. 1)*

     

     

    Mobileye Global Inc.

    (Name of Issuer)

    Class A Common Stock, par value $0.01

    (Title of Class of Securities)

    60741F104

    (CUSIP Number)

    September 30, 2024

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☐ Rule 13d-1(b)

    ☒ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. 60741F104

     

     1    

    NAMES OF REPORTING PERSONS

     

    Southpoint Master Fund, LP

     2   

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

    (a) ☐  (b) ☒

     

     3   

    SEC USE ONLY

     

     4   

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Cayman Islands

    NUMBER OF

    SHARES  BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH:

        5    

    SOLE VOTING POWER

     

    0

        6   

    SHARED VOTING POWER

     

    0

        7   

    SOLE DISPOSITIVE POWER

     

    0

        8   

    SHARED DISPOSITIVE POWER

     

    0

     9    

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

    10   

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

    ☐

    11   

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

    12   

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    PN (Limited Partnership)


    CUSIP No. 60741F104

     

     1    

    NAMES OF REPORTING PERSONS

     

    Southpoint Capital Advisors LP

     2   

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

    (a) ☐  (b) ☒

     

     3   

    SEC USE ONLY

     

     4   

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

    NUMBER OF

    SHARES  BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH:

        5    

    SOLE VOTING POWER

     

    0

        6   

    SHARED VOTING POWER

     

    0

        7   

    SOLE DISPOSITIVE POWER

     

    0

        8   

    SHARED DISPOSITIVE POWER

     

    0

     9    

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

    10   

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

    ☐

    11   

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

    12   

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    PN (Limited Partnership)


    CUSIP No. 60741F104

     

     1    

    NAMES OF REPORTING PERSONS

     

    Southpoint Capital Advisors LLC

     2   

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

    (a) ☐  (b) ☒

     

     3   

    SEC USE ONLY

     

     4   

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

    NUMBER OF

    SHARES  BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH:

        5    

    SOLE VOTING POWER

     

    0

        6   

    SHARED VOTING POWER

     

    0

        7   

    SOLE DISPOSITIVE POWER

     

    0

        8   

    SHARED DISPOSITIVE POWER

     

    0

     9    

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

    10   

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

    ☐

    11   

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

    12   

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    OO (Limited Liability Company)


    CUSIP No. 60741F104

     

     1    

    NAMES OF REPORTING PERSONS

     

    Southpoint GP, LP

     2   

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

    (a) ☐  (b) ☒

     

     3   

    SEC USE ONLY

     

     4   

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

    NUMBER OF

    SHARES  BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH:

        5    

    SOLE VOTING POWER

     

    0

        6   

    SHARED VOTING POWER

     

    0

        7   

    SOLE DISPOSITIVE POWER

     

    0

        8   

    SHARED DISPOSITIVE POWER

     

    0

     9    

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

    10   

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

    ☐

    11   

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

    12   

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    PN (Limited Partnership)


    CUSIP No. 60741F104

     

     1    

    NAMES OF REPORTING PERSONS

     

    Southpoint GP, LLC

     2   

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

    (a) ☐  (b) ☒

     

     3   

    SEC USE ONLY

     

     4   

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

    NUMBER OF

    SHARES  BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH:

        5    

    SOLE VOTING POWER

     

    0

        6   

    SHARED VOTING POWER

     

    0

        7   

    SOLE DISPOSITIVE POWER

     

    0

        8   

    SHARED DISPOSITIVE POWER

     

    0

     9    

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

    10   

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

    ☐

    11   

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

    12   

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    OO (Limited Liability Company)


    CUSIP No. 60741F104

     

     1    

    NAMES OF REPORTING PERSONS

     

    John S. Clark II

     2   

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

    (a) ☐  (b) ☒

     

     3   

    SEC USE ONLY

     

     4   

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    United States

    NUMBER OF

    SHARES  BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH:

        5    

    SOLE VOTING POWER

     

    0

        6   

    SHARED VOTING POWER

     

    0

        7   

    SOLE DISPOSITIVE POWER

     

    0

        8   

    SHARED DISPOSITIVE POWER

     

    0

     9    

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

    10   

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

    ☐

    11   

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0%

    12   

    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

    IN


    Item 1(a).    Name of Issuer:
       Mobileye Global Inc. (the “Issuer”)
    Item 1(b).    Address of Issuer’s Principal Executive Offices:
      

    c/o Mobileye B.V.

    Har Hotzvim, Shlomo Momo HaLevi Street 1

    Jerusalem 9777015, Israel

    Item 2(a).    Names of Persons Filing:
       The name of the persons filing this report (the “Reporting Persons”) are:
      

    (i) Southpoint Master Fund, LP

      

    (ii)  Southpoint Capital Advisors LP

      

    (iii)  Southpoint Capital Advisors LLC

      

    (iv) Southpoint GP, LP

      

    (v)   Southpoint GP, LLC

      

    (vi) John S. Clark II

    Item 2(b).    Address of Principal Business Office or, if None, Residence:
       The address of the principal business office of each of the Reporting Persons is:
      

    1114 Avenue of the Americas, 22nd Floor

    New York, NY 10036

    Item 2(c).    Citizenship:

     

    Southpoint Master Fund, LP:

       Cayman Islands

    Southpoint Capital Advisors LP:

       Delaware

    Southpoint Capital Advisors LLC:

       Delaware

    Southpoint GP, LP:

       Delaware

    Southpoint GP, LLC:

       Delaware

    John S. Clark II:

       United States

     

    Item 2(d).    Title of Class of Securities:
       Class A Common Stock, par value $0.01 (“Class A Common Stock”)
    Item 2(e).    CUSIP Number:
       60741F104
    Item 3.    If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
       Not applicable.


    Item 4.    Ownership.
       The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G.
    Item 5.    Ownership of Five Percent or Less of a Class.
       If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.
    Item 6.    Ownership of More than Five Percent on Behalf of Another Person.
       Not applicable.
    Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
       Not applicable.
    Item 8.    Identification and Classification of Members of the Group.
       Not applicable.
    Item 9.    Notice of Dissolution of Group.
       Not applicable.
    Item 10.    Certification.
       By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


    SIGNATURE

    After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

    Date: November 5, 2024

     

    SOUTHPOINT MASTER FUND, LP
    By: Southpoint GP, LP, its General Partner
    By: Southpoint GP, LLC, its General Partner
    By:   /s/ John S. Clark II
     

    John S. Clark II

    Managing Member

    SOUTHPOINT CAPITAL ADVISORS LP
    By: Southpoint Capital Advisors LLC, its General Partner
    By:   /s/ John S. Clark II
      John S. Clark II
    Managing Member
    SOUTHPOINT CAPITAL ADVISORS LLC
    By:   /s/ John S. Clark II
      John S. Clark II
    Managing Member
    SOUTHPOINT GP, LP
    By: Southpoint GP, LLC, its General Partner
    By:   /s/ John S. Clark II
      John S. Clark II
    Managing Member
    SOUTHPOINT GP, LLC
    By:   /s/ John S. Clark II
     

    John S. Clark II

    Managing Member

    JOHN S. CLARK II
    By:   /s/ John S. Clark II
      John S. Clark II, individually
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    Mobileye Announces Share Repurchase Program of Up to $250 Million

    Mobileye Global Inc. (NASDAQ:MBLY) today announced its Board of Directors has authorized a program to repurchase up to $250 million of Mobileye's outstanding Class A common stock (the "Repurchase Program"). The share repurchase program demonstrates both the leadership team and Board of Directors' confidence in the Company's current products as well as its position as a leader in the development and deployment of advanced driver assistance systems, autonomous driving solutions, and complex physical AI systems at scale. The Repurchase Program is intended to partially offset dilution associated with share-based compensation and shares issued in connection with the Mentee Robotics acquisition

    4/23/26 6:15:00 AM ET
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    Computer Software: Prepackaged Software

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    Large Ownership Changes

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    Amendment: SEC Form SC 13G/A filed by Mobileye Global Inc.

    SC 13G/A - Mobileye Global Inc. (0001910139) (Subject)

    11/5/24 7:10:55 PM ET
    $MBLY
    Computer Software: Prepackaged Software
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    Amendment: SEC Form SC 13G/A filed by Mobileye Global Inc.

    SC 13G/A - Mobileye Global Inc. (0001910139) (Subject)

    10/31/24 4:19:11 PM ET
    $MBLY
    Computer Software: Prepackaged Software
    Technology

    Amendment: SEC Form SC 13G/A filed by Mobileye Global Inc.

    SC 13G/A - Mobileye Global Inc. (0001910139) (Subject)

    10/15/24 2:53:18 PM ET
    $MBLY
    Computer Software: Prepackaged Software
    Technology