Sec Form 13G Filing - Temasek Holdings (Private) Ltd filing for BILL Holdings Inc. (BILL) - 2020-04-22

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. __)*

 

 

Bill.com Holdings, Inc.

(Name of Issuer)

Common Stock, $0.00001 par value per share

(Title of Class of Securities)

090043100

(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:

 

 

Rule 13d-l(b)

 

 

Rule 13d-l(c)

 

 

Rule 13d-l(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. 090043100

 

  1.       

  Names of Reporting Persons.

 

  Temasek Holdings (Private) Limited

  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

 

  Republic of Singapore

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With:

    5.     

  Sole Voting Power

 

  0

  6.     

  Shared Voting Power

 

  5,556,050

  7.     

  Sole Dispositive Power

 

  0

  8.     

  Shared Dispositive Power

 

  5,556,050

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,556,050

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

11.      

  Percent of Class Represented by Amount in Row (9)

 

  7.7%(1)

12.      

  Type of Reporting Person (See Instructions)

 

  HC

(1) Percentage calculated based on 72,333,573 of common stock as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 11, 2020.


CUSIP No. 090043100

 

  1.     

 

  Names of Reporting Persons.

 

  Fullerton Management Pte. Ltd.

  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

 

  Republic of Singapore

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With:

    5.     

  Sole Voting Power

 

  0

  6.     

  Shared Voting Power

 

  5,556,050

  7.     

  Sole Dispositive Power

 

  0

  8.     

  Shared Dispositive Power

 

  5,556,050

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,556,050

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

11.      

  Percent of Class Represented by Amount in Row (9)

 

  7.7%(1)

12.      

  Type of Reporting Person (See Instructions)

 

  HC

(1) Percentage calculated based on 72,333,573 of common stock as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 11, 2020.


CUSIP No. 090043100

 

  1.     

 

  Names of Reporting Persons.

 

  Hotham Investments Pte. Ltd.

  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

 

  Republic of Singapore

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With:

    5.     

  Sole Voting Power

 

  0

  6.     

  Shared Voting Power

 

  5,556,050

  7.     

  Sole Dispositive Power

 

  0

  8.     

  Shared Dispositive Power

 

  5,556,050

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,556,050

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

11.      

  Percent of Class Represented by Amount in Row (9)

 

  7.7%(1)

12.      

  Type of Reporting Person (See Instructions)

 

  HC

(1) Percentage calculated based on 72,333,573 of common stock as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 11, 2020.


CUSIP No. 090043100

 

  1.     

 

  Names of Reporting Persons.

 

  Ossa Investments Pte. Ltd.

  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

 

  Republic of Singapore

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With:

    5.     

  Sole Voting Power

 

  0

  6.     

  Shared Voting Power

 

  5,556,050

  7.     

  Sole Dispositive Power

 

  0

  8.     

  Shared Dispositive Power

 

  5,556,050

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,556,050

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

11.      

  Percent of Class Represented by Amount in Row (9)

 

  7.7%(1)

12.      

  Type of Reporting Person (See Instructions)

 

  CO

(1) Percentage calculated based on 72,333,573 of common stock as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 11, 2020.


Item 1.

 

  (a)

Name of Issuer:

Bill.com Holdings, Inc.

 

  (b)

Address of Issuer’s Principal Executive Offices:

1810 Embarcadero Road

Palo Alto, CA 94303

Item 2.

 

  (a)

Name of Person Filing:

This Schedule 13G is filed jointly by the following persons (each a “Reporting Person” and collectively, the “Reporting Persons”):

 

  1.

Temasek Holdings (Private) Limited (“Temasek”);

 

  2.

Fullerton Management Pte. Ltd. (“Fullerton”);

 

  3.

Hotham Investments Pte. Ltd. (“Hotham”); and

 

  4.

Ossa Investments Pte. Ltd. (“Ossa”).

 

  (b)

Address of Principal Business Office or, if none, Residence:

The address of the principal business office of each of the Reporting Persons is 60B Orchard Road, #06-18 Tower 2, The Atrium@Orchard, Singapore 238891.

 

  (c)

Citizenship:

The citizenship of all Reporting Persons is the Republic of Singapore.

 

  (d)

Title of Class of Securities:

Common Stock, $0.00001 par value per share

 

  (e)

CUSIP Number:

090043100

 

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

Not applicable.

 

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:

Ossa directly owns 5,556,050 shares of the Issuer’s common stock. Ossa is a direct wholly-owned subsidiary of Hotham, which in turn is a direct wholly-owned subsidiary of Fullerton, which in turn is a direct wholly-owned subsidiary of Temasek. Each of Hotham, Fullerton and Temasek, through the ownership described herein, may be deemed to beneficially own the shares held by Ossa.

 

(b)

Percent of class: See Row 11 of the cover page for each Reporting Person.


(c)

Number of shares as to which the person has:

 

 

(i) Sole power to vote or to direct the vote

   See Row 5 of the cover page for each Reporting Person.
 

(ii)  Shared power to vote or to direct the vote

   See Row 6 of the cover page for each Reporting Person.
 

(iii)  Sole power to dispose or to direct the disposition of

   See Row 7 of the cover page for each Reporting Person.
 

(iv) Shared power to dispose or to direct the disposition of

   See Row 8 of the cover page for each Reporting Person.

 

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 five percent of the class of securities, check the following  ☐

 

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.

The response to Item 4(a) is incorporated herein by reference.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certifications.

Not applicable.


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.

Date: April 22, 2020

 

Temasek Holdings (Private) Limited

By:

  /s/ Gregory Tan
 

Name: Gregory Tan

 

Title: Authorised Signatory

Fullerton Management Pte. Ltd.

By:

  /s/ Gregory Tan
 

Name: Gregory Tan

 

Title: Director

Hotham Investments Pte. Ltd.

By:

  /s/ Han Sack Teng
 

Name: Han Sack Teng

 

Title: Director

Ossa Investments Pte. Ltd.

By:

  /s/ Han Sack Teng
 

Name: Han Sack Teng

 

Title: Director


EXHIBIT INDEX

 

Exhibit No.   

Description

Exhibit 1    Joint Filing Agreement, dated April 22, 2020, by and among the Reporting Persons, relating to the filing of a joint statement on Schedule 13G