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This document is an amendment to the Schedule 13D previously filed with the SEC, reporting the beneficial ownership of more than 5% of Circle Entertainment, Inc.\'s equity securities. The filing includes proposals for a going-private transaction to acquire minority shareholders\' shares.
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Form SC 13DA is a regulatory document required by certain authorities for individuals or entities to disclose information about their ownership and control in a company, particularly in the context of beneficial ownership reporting.
Individuals and entities that acquire beneficial ownership of a significant amount of a company's securities, typically exceeding a specified threshold, are required to file Form SC 13DA.
To fill out Form SC 13DA, filers need to provide detailed information including their identity, the securities owned, the purpose of the acquisition, and any relevant agreements or arrangements regarding the securities.
The purpose of Form SC 13DA is to promote transparency in the securities market by requiring disclosures related to ownership interests, thereby informing investors and regulators of significant changes in ownership.
Form SC 13DA must report information such as the identity of the acquiring person, the number and type of securities acquired, the transaction date, and the purpose of the acquisition.
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