Filing Details

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Amendment #1

Under the Securities and Exchange Act of 1934

 

 

Arco Platform Ltd

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

G04553106

(CUSIP Number)

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

 

 

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

This Schedule is filed pursuant to Rule 13d-1(b)

The information required in the remainder of this cover page (except any items to which the form provides a cross-reference) 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.

 

 

 

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CUSIP NO. G04553106

 

1)		Name of Reporting Person   S.S. or I.R.S. Identification No. of Above Person     Ameriprise Financial, Inc.       IRS No. 13-3180631
2)		Check the Appropriate Box if a Member of a Group   (a)  ☐        (b)  ☒*   *  This filing describes the reporting persons relationship with other persons, but the reporting person does not affirm the existence of a group.
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     891,367
				7)		Sole Dispositive Power     0
				8)		Shared Dispositive Power     916,381

9)		Aggregate Amount Beneficially Owned by Each Reporting Person     916,381
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares     Not Applicable
11)		Percent of Class Represented by Amount In Row (9)     3.34%
12)		Type of Reporting Person     HC

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CUSIP NO. G04553106

 

1)		Name of Reporting Person   S.S. or I.R.S. Identification No. of Above Person     Columbia Management Investment Advisers, LLC   IRS No. 41-1533211
2)		Check the Appropriate Box if a Member of a Group   (a)  ☐        (b)  ☒*   *  This filing describes the reporting persons relationship with other persons, but the reporting person does not affirm the existence of a group.
3)		SEC Use Only
4)		Citizenship or Place of Organization     Minnesota

NUMBER OF SHARES   BENEFICIALLY   OWNED BY EACH REPORTING PERSON WITH				5)		Sole Voting Power     0
				6)		Shared Voting Power     636,961
				7)		Sole Dispositive Power     0
				8)		Shared Dispositive Power     661,975

9)		Aggregate Amount Beneficially Owned by Each Reporting Person     661,975
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares     Not Applicable
11)		Percent of Class Represented by Amount In Row (9)     2.41%
12)		Type of Reporting Person     IA

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1(a)		Name of Issuer:		Arco Platform Ltd
1(b)		Address of Issuers Principal		Rua Augusta 2840, 9th floor, Suite 91
		Executive Offices:		Consolação, São Paulo SP 01412-100, Brazil
2(a)		Name of Person Filing:		(a) Ameriprise Financial, Inc. (AFI)
				(b) Columbia Management Investment
				Advisers, LLC (CMIA)
2(b)		Address of Principal Business Office:		(a) Ameriprise Financial, Inc.
				145 Ameriprise Financial Center
				Minneapolis, MN 55474
				(b) 225 Franklin St.
				Boston, MA 02110
2(c)		Citizenship:		(a) Delaware
				(b) Minnesota
2(d)		Title of Class of Securities:		Class A Common Stock
2(e)		Cusip Number:		G04553106

 

3	Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):

(a) Ameriprise Financial, Inc.

A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note: See Item 7)

(b) Columbia Management Investment Advisers, LLC

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

 

4	Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person.

AFI, as the parent company of CMIA, may be deemed to beneficially own the shares reported herein by CMIA. Accordingly, the shares reported herein by AFI include those shares separately reported herein by CMIA.

Each of AFI and CMIA disclaims beneficial ownership of any shares reported on this Schedule.

 

5	Ownership of 5% or Less of a Class:

If this statement is being filed to report the fact 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 ☒.

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6	Ownership of more than 5% on Behalf of Another Person: Not Applicable

 

7	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:

AFI: See Exhibit I

 

8	Identification and Classification of Members of the Group:

Not Applicable

 

9	Notice of Dissolution of Group:

Not Applicable

 

10	Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

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Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 14, 2020

 

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Exhibit Index

 

Exhibit I		Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.
Exhibit II		Joint Filing Agreement