SC 13G/A 1 tm2427841d1_sc13ga.htm SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Amendment No. 4)*

 

Under the Securities Exchange Act of 1934

 

 

The Children’s Place, Inc.

(Name of Issuer)

 

 

Common Stock, $0.10 par value per share

(Title of Class of Securities)

 

 

168905107

(CUSIP Number)

 

 

September 30, 2024

(Date of Event Which Requires Filing of this Statement)

 

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

 

¨Rule 13d-1(b)
xRule 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. 168905107 SCHEDULE 13G/A Page 2 of 8

 

1

NAMES OF REPORTING PERSONS

D. E. Shaw & Co., L.L.C.

 

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

65,228

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

65,228

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

65,228

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.5%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

 

         

 

 

CUSIP No. 168905107 SCHEDULE 13G/A Page 3 of 8

  

1

NAMES OF REPORTING PERSONS

D. E. Shaw & Co., L.P.

 

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

65,443

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

65,443

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

65,443

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.5%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IA, PN

 

         

 

 

CUSIP No. 168905107 SCHEDULE 13G/A Page 4 of 8

 

1

NAMES OF REPORTING PERSONS

David E. Shaw

 

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

65,443

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

65,443

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

65,443

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.5%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

 

         

 

 

 

CUSIP No. 168905107 SCHEDULE 13G/A Page 5 of 8

 

Item 1.
  (a) Name of Issuer
      The Children’s Place, Inc.
     
  (b) Address of Issuer's Principal Executive Offices
   

  500 Plaza Drive

  Secaucus, NJ 07094

     
Item 2.
  (a) Name of Person Filing
   

  D. E. Shaw & Co., L.L.C.

  D. E. Shaw & Co., L.P.

  David E. Shaw

     
  (b) Address of Principal Business Office or, if none, Residence
   

  The business address for each reporting person is:
  Two Manhattan West

  375 Ninth Avenue, 52nd Floor
  New York, NY 10001

     
  (c) Citizenship
   

  D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware.

  D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware.

  David E. Shaw is a citizen of the United States of America.

     
  (d) Title of Class of Securities
      Common Stock, $0.10 par value per share
     
  (e) CUSIP Number
      168905107

 

Item 3.   If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
Not Applicable
 
Item 4. Ownership

 

As of September 30, 2024:

 

  (a)  Amount beneficially owned:
         
        D. E. Shaw & Co., L.L.C.:

65,228 shares

This is composed of (i) 55,200 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (ii) 7,721 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iii) 2,236 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (iv) 71 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C.

         
        D. E. Shaw & Co., L.P.:

65,443 shares

This is composed of (i) 55,200 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (ii) 7,721 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iii) 2,236 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., (iv) 71 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (v) 215 shares under the management of D. E. Shaw Investment Management, L.L.C.

  

 

 

CUSIP No. 168905107 SCHEDULE 13G/A Page 6 of 8

 

        David E. Shaw:

65,443 shares

This is composed of (i) 55,200 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (ii) 7,721 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iii) 2,236 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., (iv) 71 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (v) 215 shares under the management of D. E. Shaw Investment Management, L.L.C.

 

  (b)   Percent of class:
        D. E. Shaw & Co., L.L.C.: 0.5%
        D. E. Shaw & Co., L.P.: 0.5%
        David E. Shaw: 0.5%

 

  (c)   Number of shares to which the person has:
    (i) Sole power to vote or to direct the vote:  
        D. E. Shaw & Co., L.L.C.: -0- shares
        D. E. Shaw & Co., L.P.: -0- shares
        David E. Shaw: -0- shares

 

    (ii) Shared power to vote or to direct the vote:
        D. E. Shaw & Co., L.L.C.: 65,228 shares
        D. E. Shaw & Co., L.P.: 65,443 shares
        David E. Shaw: 65,443 shares

 

    (iii) Sole power to dispose or to direct the disposition of:
        D. E. Shaw & Co., L.L.C.: -0- shares
        D. E. Shaw & Co., L.P.: -0- shares
        David E. Shaw: -0- shares

 

    (iv) Shared power to dispose or to direct the disposition of:
        D. E. Shaw & Co., L.L.C.: 65,228 shares
        D. E. Shaw & Co., L.P.: 65,443 shares
        David E. Shaw: 65,443 shares

 

David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Composite Portfolios, L.L.C., and D. E. Shaw Oculus Portfolios, L.L.C. and the managing member of D. E. Shaw Investment Management, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Composite Portfolios, L.L.C., and D. E. Shaw Oculus Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, the 65,443 shares as described above constituting 0.5% of the outstanding shares and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 65,443 shares.

 

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 5 percent of the class of securities, check the following x.

 
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  

 

 

 

 

CUSIP No. 168905107 SCHEDULE 13G/A Page 7 of 8

 

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, each of D. E. Shaw & Co., L.L.C., D. E. Shaw & Co., L.P., and David E. Shaw certify that, to the best of such reporting person’s 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.

 

 

 

 

CUSIP No. 168905107 SCHEDULE 13G/A Page 8 of 8

 

SIGNATURE

 

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct. Powers of Attorney, dated August 1, 2024, granted by David E. Shaw in favor of Daniel R. Marcus, are attached hereto.

 

Dated: November 14, 2024

 

 

  D. E. Shaw & Co., L.L.C.
   
  By: /s/ Daniel R. Marcus
    Daniel R. Marcus
    Authorized Signatory

 

 

  D. E. Shaw & Co., L.P.
   
  By: /s/ Daniel R. Marcus
    Daniel R. Marcus
    Chief Compliance Officer

 

 

  David E. Shaw
   
  By: /s/ Daniel R. Marcus
    Daniel R. Marcus
    Attorney-in-Fact for David E. Shaw