UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
13D
Under the
Securities Exchange Act of 1934
(Amendment No.
1)*
(Name of Issuer)
Common Stock,
par value $0.000005 per share
(Title of Class of
Securities)
(CUSIP Number)
Qatar
Investment Authority
Ooredoo Tower (Building 14)
Al Dafna Street (Street 801)
Al Dafna (Zone 61)
PO Box: 23224
Doha, State of Qatar
(+974) 4499-5919
With a copy to:
Jonathan
Levitsky, Esq.
Michael Diz,
Esq.
Uri Herzberg,
Esq.
Debevoise & Plimpton LLP
919 Third Ave
New York, NY 10022
(212) 909-6000
(Name, Address and Telephone
Number of Person
Authorized to Receive Notices and
Communication)
(Date of Event which Requires
Filing of this Statement)
If the filing person has
previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of §240.13d-1(e), §240.13d 1(f) or
§240.13d-1(g), check the following box: ☐
* 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
disclosures provided in a prior cover page.
The information required on 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. 90184L102
1
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NAMES OF REPORTING
PERSONS
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Qatar Investment
Authority
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2
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CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☒
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
(SEE INSTRUCTIONS)
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OO
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5
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CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D)
OR 2(E)
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☐
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6
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CITIZENSHIP OR
PLACE OF ORGANIZATION
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Qatar
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NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING
POWER
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0
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8
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SHARED VOTING
POWER
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0
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9
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SOLE DISPOSITIVE
POWER
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0
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10
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SHARED DISPOSITIVE
POWER
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0
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11
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AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0
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12
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CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11)
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0.0%
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14
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TYPE OF REPORTING
PERSON (SEE INSTRUCTIONS)
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OO
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Explanatory
Note
This
Amendment No. 1 (this “Amendment”) amends and supplements the
Schedule 13D previously filed with the U.S. Securities and Exchange
Commission (the “SEC”) by Qatar Investment Authority (“QIA”), the
sovereign wealth fund of the State of Qatar, on May 4, 2022 (the
“Existing Schedule”) with respect to the shares of common stock,
par value $0.000005 per share (the “Common Stock”), of Twitter,
Inc., a Delaware corporation (the “Issuer”). Information reported
and defined terms used in the Existing Schedule, as amended to the
date hereof (this “Statement” or “Schedule 13D”), remain in effect
except to the extent that they are amended or superseded by
information or defined terms contained in this Amendment. The
filing of this Amendment represents the final amendment to this
Schedule 13D and constitutes an exit filing for QIA.
Item 4. |
Purpose of Transaction
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Item 4 of
this Schedule 13D is hereby supplemented to include the following
information:
On October 27, 2022, pursuant to
the terms of the Merger Agreement, Merger Sub merged with and into
the Issuer (the “Merger”), with the Issuer surviving the Merger and
becoming a wholly owned subsidiary of Parent (the “Surviving
Corporation”). Parent is majority-owned and controlled by Elon R.
Musk. Pursuant to the terms of the Merger Agreement, at the
effective time of the Merger, each share of Common Stock held by
QSMA1 LLC was converted into the right to receive $54.20 in cash,
without interest.
On October
28, 2022, the Issuer notified The New York Stock Exchange (the
“NYSE”) of the consummation of the Merger and requested that the
NYSE delist the Common Stock on October 28, 2022. As a result,
trading of the Issuer’s common stock on the NYSE was suspended
prior to the opening of trading on the NYSE on October 28, 2022.
The Issuer also requested that the NYSE file a notification of
removal from listing and registration on Form 25 with the SEC to
effect the delisting of the Common Stock from the NYSE and the
deregistration of the Common Stock under Section 12(b) of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Following the effectiveness of the Form 25, QIA understands that
the Issuer intends to file with the SEC a Form 15 requesting the
termination of registration of Common Stock under Section 12(g) of
the Exchange Act and the suspension of the Issuer’s reporting
obligations under Section 13 and Section 15(d) of the Exchange
Act.
Immediately prior to the closing
of the Merger and pursuant to the Equity Commitment Letter, a
subsidiary of QIA contributed $375,000,000 to Parent in exchange
for shares of common stock of Parent.
Item 5.
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Interest in
Securities of the Issuer
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(a)-(c) As
of the date hereof, following the Merger, QIA did not directly or
indirectly hold any shares of Common Stock. Through its indirect
interests in Parent, QIA may be deemed to beneficially own and
share the power to vote and dispose of shares of common stock of
the Surviving Corporation.
(e) As of
October 27, 2022, and as a result of the Merger, QIA ceased to be a
beneficial owner of more than five percent of the outstanding
shares of Common Stock.
Item 6.
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Contracts,
Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
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Item 6 of
this Schedule 13D is hereby supplemented to incorporate by
reference the information set forth in Item 4 above.
SIGNATURE
After reasonable inquiry and to the
best of my knowledge and belief, the undersigned certifies that the
information set forth in this Schedule 13D is true, complete and
correct.
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Qatar Investment Authority
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Signature:
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/s/ Andrew Watkins |
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By: Andrew Watkins
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Title: Associate General Counsel, Compliance
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