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:
* 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 |
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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 |
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 |