# EDGAR Filing Document

**Accession Number:** 0000936828
**File Stem:** 0000905148-25-002325
**Filing Date:** 2025-7
**Character Count:** 27828
**Document Hash:** 56cf04fa8cb41496aae4d2d1d76874a5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000905148-25-002325.hdr.sgml**: 20250702

**ACCESSION NUMBER**: 0000905148-25-002325

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250702

**DATE AS OF CHANGE**: 20250702

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pagaya Technologies Ltd.
- **CENTRAL INDEX KEY:** 0001883085
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93707
- **FILM NUMBER:** 251103543

**BUSINESS ADDRESS:**
- **STREET 1:** 335 MADISON AVENUE 16TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (646) 710-7714

**MAIL ADDRESS:**
- **STREET 1:** 335 MADISON AVENUE 16TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GIC Private Ltd
- **CENTRAL INDEX KEY:** 0000936828

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** U0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 168 ROBINSON ROAD
- **STREET 2:** #37-01 CAPITAL TOWER
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 068912
- **BUSINESS PHONE:** 065-6889-8888

**MAIL ADDRESS:**
- **STREET 1:** 168 ROBINSON ROAD
- **STREET 2:** #37-01 CAPITAL TOWER
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 068912

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOVERNMENT OF SINGAPORE INVESTMENT CORP PTE LTD
- **DATE OF NAME CHANGE:** 20130110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOVERNMENT OF SINGAPORE INVESTMENT CORP PTE LTD ET AL
- **DATE OF NAME CHANGE:** 19950614

## Ex-4

#### Exhibit 4

The following are each of the executive officers and directors of GIC and their respective address, occupation and citizenship:

---

| | | | |
|:---|:---|:---|:---|
| **Name** | **Address** | **Principal Occupation** | **Citizenship** |
| Lee Hsien Loong | Senior Minister's Office<br> Istana Annexe<br> Singapore 238823 | Senior Minister | Singapore Citizen |
| Lawrence Wong | Prime Minister's Office<br> Istana Annexe<br> Singapore 238823 | Prime Minister and Minister for Finance | Singapore Citizen |
| Gan Kim Yong | Deputy Prime Minister's Office<br> Istana Annexe<br> Singapore 238823 | Deputy Prime Minister and Minister for Trade and Industry | Singapore Citizen |
| Heng Swee Keat | 1 Create Way, #12-02 Create Tower, Singapore 138602  | Chairman, National Research Foundation | Singapore Citizen |
| Lim Hng Kiang | Ministry of Trade & Industry<br> 100 High Street<br> #09-01 The Treasury<br> Singapore 179434 | Special Advisor to Ministry of Trade & Industry | Singapore Citizen |
| Ang Kong Hua | 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Former Chairman, Sembcorp Industries Ltd | Singapore Citizen |
| Peter Seah Lim Huat | 12 Marina Boulevard<br> Marina Bay Financial Centre<br> Tower 3, Level 45<br> Singapore 018982 | Chairman, DBS Group Holdings Ltd | Singapore Citizen |
| Hsieh Fu Hua | National University of Singapore<br> University Hall,<br> Lee Kong Chian Wing<br> 21 Lower Kent Ridge Road #UHL-06-01<br> Singapore 119077<br>| Co-Founder and Advisor, PrimePartners Group | Singapore Citizen |
| Loh Boon Chye | 2 Shenton Way<br> #02-02 SGX Centre 1<br> Singapore 068804 | Chief Executive Officer, Singapore Exchange (SGX Group) | Singapore Citizen |
| Gautam Banerjee | Level 32, Marina Bay Financial Centre Tower 1<br> 8 Marina Boulevard Singapore 018981 | Senior Managing Director and Chairman,<br> Blackstone Singapore | Singapore Citizen |
| Koh Boon Hwee | 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Chairman, Singapore Exchange (SGX Group) | Singapore Citizen |
| Seck Wai Kwong | 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Member,<br> Public Service Commission | Singapore Citizen |
| Jeanette Wong | 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Former Group Executive, DBS Bank | Singapore Citizen |
| Lim Chow Kiat | 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Chief Executive Officer, GIC | Singapore Citizen |
| Bryan Yeo<br>| 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Group Chief Investment Officer and Director, Integrated Strategies Group, GIC | Singapore Citizen |

---

The following are each of the executive officers and directors of GAM and their respective address, occupation, and citizenship:

---

| | | | |
|:---|:---|:---|:---|
| **Name** | **Address** | **Principal Occupation** | **Citizenship** |
| Deanna Ong | 168 Robinson Road #37-01<br> Capital Tower Singapore 06891 | Chief People Officer, GIC | Singapore Citizen |
| Lim Chow Kiat | 168 Robinson Road #37-01 Capital Tower Singapore 068912<br>| Director, Chief Executive Officer, GIC | Singapore Citizen |
| Bryan Yeo<br>| 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Group Chief Investment Officer and Director, Integrated Strategies Group, GIC | Singapore Citizen |
| Cheang Weng Seng<br>| 168 Robinson Road #37-01 Capital Tower Singapore 068912 | Director, Finance Department, GIC | Singapore Citizen |

---

The following are each of the executive officers and directors of Radiance Star and their respective address, occupation, and citizenship:

---

| | | | |
|:---|:---|:---|:---|
| **Name** | **Address** | **Principal Occupation** | **Citizenship** |
| Liew Tzu Mi | 168 Robinson Road #37-01<br> Capital Tower Singapore 06891 | Chief Investment Officer, Fixed Income, GIC | Singapore Citizen |
| Loo Wee Poon | 168 Robinson Road #37-01<br> Capital Tower Singapore 06891 | Head, Portfolio Solutions Group, GIC | Singapore Citizen |
| Lingjun Oscar Chaeng | 168 Robinson Road #37-01<br> Capital Tower Singapore 06891 | Head, Corporate Credit | China Citizen |

---

## Ex-5

Exhibit 5

SCHEDULE OF TRANSACTIONS

The following table sets forth all transactions in the Shares effected by the Reporting Persons during the past 60 days. All such transactions were effected through a broker.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Reporting Person** | **Title of Security** | **Date of Transaction** | **Transaction Type** | **Quantity** | **Price** |
| Radiance Star | Shares | 06/25/2025 | Open Market Sale | 78007 | $19.4085<sup>(1)</sup> |
| Radiance Star | Shares | 06/26/2025 | Open Market Sale | 147171 | $19.4284<sup>(2)</sup> |
| Radiance Star | Shares | 06/27/2025 | Open Market Sale | 105951 | $19.7987<sup>(3)</sup> |
| Radiance Star | Shares | 06/27/2025 | Open Market Sale | 100167 | $20.7280<sup>(4)</sup> |
| Radiance Star | Shares | 06/27/2025 | Open Market Sale | 8704 | $21.3848<sup>(5)</sup> |
| Radiance Star | Shares | 06/30/2025 | Open Market Sale | 150333 | $21.3858<sup>(6)</sup> |
| Radiance Star | Shares | 07/01/2025 | Open Market Sale | 59491 | $21.8812<sup>(7)</sup> |
| Radiance Star | Shares | 07/01/2025 | Open Market Sale | 183509 | $22.4089<sup>(8)</sup> |
| Radiance Star | Shares | 07/02/2025 | Open Market Sale | 585922 | $23.0815<sup>(9)</sup> |
| Radiance Star | Shares | 07/02/2025 | Open Market Sale | 20000 | $23.44 |
| Radiance Star | Shares | 07/02/2025 | Block Sale (Reg M) | 2216437 | $22.09 |

---

(1) This transaction was executed in multiple trades at prices ranging from $19.14 to $19.97, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(2) This transaction was executed in multiple trades at prices ranging from $19.0038 to $19.829, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(3) This transaction was executed in multiple trades at prices ranging from $19.3627 to $20.36, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(4) This transaction was executed in multiple trades at prices ranging from $20.365 to $21.36, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(5) This transaction was executed in multiple trades at prices ranging from $21.365 to $21.45, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(6) This transaction was executed in multiple trades at prices ranging from $21.13 to $21.59, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(7) This transaction was executed in multiple trades at prices ranging from $21.03 to $22.025, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(8) This transaction was executed in multiple trades at prices ranging from $22.03 to $23.00, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

(9) This transaction was executed in multiple trades at prices ranging from $22.37 to $23.365, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 3)**

**Pagaya Technologies Ltd.**

*(Name of Issuer)*

**Class A Ordinary Shares, no par value**

*(Title of Class of Securities)*

**M7S64L123**

*(CUSIP Number)*

**Wong Hui Ping**<br>168 Robinson Road

#37-01 Capital Tower<br>Singapore U0 068912<br>65 6889 8888

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**06/30/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **M7S64L123** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**GIC Private Ltd** | Name of reporting person<br>**GIC Private Ltd** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**U0** | Citizenship or place of organization<br>**U0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**386834.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**386834.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**386834.00** | Aggregate amount beneficially owned by each reporting person<br>**386834.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.61%** | Percent of class represented by amount in Row (11)<br>**0.61%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** (1) Shared voting and dispositive power and the aggregate amount beneficially owned by each reporting person include an aggregate of 220,000 Shares that the Reporting Person has the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, which are not vested and exercisable until June 1, 2026 (when approximately 1/3 are vested and become exercisable), June 1, 2027 (when an additional approximately 1/3 are vested and become exercisable) and June 1, 2028 (when the remaining approximately 1/3 are vested and become exercisable), and an aggregate of approximately 166,834 Shares that the Reporting Person has the right to acquire upon the vesting and exercise of Series D Warrants, and excludes approximately 9,404 Shares underlying Series E Warrants.

(2) Percent of class represented by amount in Row (11) is based on the sum of (i) 63,055,282 Shares outstanding as of April 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the SEC on May 7, 2025, plus (ii) an aggregate of 220,000 Shares the Reporting Person has the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, and (iii) an aggregate of approximately 166,834 Shares the Reporting Person has the right to acquire upon the vesting and exercise of Series D Warrants, each of (ii) and (iii) which has been added to the Shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act.

| **CUSIP No.** | **M7S64L123** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**GIC Asset Management Pte. Ltd** | Name of reporting person<br>**GIC Asset Management Pte. Ltd** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**U0** | Citizenship or place of organization<br>**U0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**386834.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**386834.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**386834.00** | Aggregate amount beneficially owned by each reporting person<br>**386834.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.61%** | Percent of class represented by amount in Row (11)<br>**0.61%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** (1) Shared voting and dispositive power and the aggregate amount beneficially owned by each reporting person include an aggregate of 220,000 Shares that the Reporting Person has the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, which are not vested and exercisable until June 1, 2026 (when approximately 1/3 are vested and become exercisable), June 1, 2027 (when an additional approximately 1/3 are vested and become exercisable) and June 1, 2028 (when the remaining approximately 1/3 are vested and become exercisable), and an aggregate of approximately 166,834 Shares that the Reporting Person has the right to acquire upon the vesting and exercise of Series D Warrants, and excludes approximately 9,404 Shares underlying Series E Warrants.

(2) Percent of class represented by amount in Row (11) is based on the sum of (i) 63,055,282 Shares outstanding as of April 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the SEC on May 7, 2025, plus (ii) an aggregate of 220,000 Shares the Reporting Person has the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, and (iii) an aggregate of approximately 166,834 Shares the Reporting Person has the right to acquire upon the vesting and exercise of Series D Warrants, each of (ii) and (iii) which has been added to the Shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act.

| **CUSIP No.** | **M7S64L123** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Radiance Star Pte. Ltd.** | Name of reporting person<br>**Radiance Star Pte. Ltd.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**U0** | Citizenship or place of organization<br>**U0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**386834.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**386834.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**386834.00** | Aggregate amount beneficially owned by each reporting person<br>**386834.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.61%** | Percent of class represented by amount in Row (11)<br>**0.61%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** (1) Shared voting and dispositive power and the aggregate amount beneficially owned by each reporting person include an aggregate of 220,000 Shares that the Reporting Person has the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, which are not vested and exercisable until June 1, 2026 (when approximately 1/3 are vested and become exercisable), June 1, 2027 (when an additional approximately 1/3 are vested and become exercisable) and June 1, 2028 (when the remaining approximately 1/3 are vested and become exercisable), and an aggregate of approximately 166,834 Shares that the Reporting Person has the right to acquire upon the vesting and exercise of Series D Warrants, and excludes approximately 9,404 Shares underlying Series E Warrants.

(2) Percent of class represented by amount in Row (11) is based on the sum of (i) 63,055,282 Shares outstanding as of April 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the SEC on May 7, 2025, plus (ii) an aggregate of 220,000 Shares the Reporting Person has the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, and (iii) an aggregate of approximately 166,834 Shares the Reporting Person has the right to acquire upon the vesting and exercise of Series D Warrants, each of (ii) and (iii) which has been added to the Shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Ordinary Shares, no par value

**(b) Name of Issuer:**
Pagaya Technologies Ltd.

**(c) Address of Issuer's Principal Executive Offices:**
335 Madison Ave, 16th Floor, New York, NY, 10017

Explanatory Note: This Amendment No. 3 to Schedule 13D ("Amendment No. 3") is being filed by the undersigned to amend and supplement the initial statement on Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission (the "SEC") on March 31, 2023 (the "Original 13D"), as amended by Amendment No. 1 filed on April 17, 2023 ("Amendment No. 1") and Amendment No. 2 filed on December 23, 2024 ("Amendment No. 2" and, together with the Original 13D, Amendment No. 1 and this Amendment No. 3, the "Schedule 13D"), with respect to the shares of Class A Ordinary Shares, no par value (the "Shares"), of Pagaya Technologies Ltd., a company organized under the laws of the State of Israel (the "Issuer"). Capitalized terms used but not defined in this Amendment No. 3 shall have the same meanings ascribed to them in the Schedule 13D. Except as specifically provided herein, this Amendment No. 3 does not modify any of the information previously reported in the Schedule 13D.

**Item 4. Purpose of Transaction**

Item 4 of the Schedule 13D is hereby amended and supplemented as follows:

The response to Item 5(c) of this Amendment No. 3 is incorporated by reference herein.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5(a-c, e) of the Schedule 13D is hereby amended and restated as follows:

Calculations of the percentage of Shares beneficially owned are calculated in accordance with Rule 13d-3 and are based on the sum of (i) 63,055,282 Shares outstanding as of April 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the SEC on May 7, 2025, plus (ii) an aggregate of 220,000 Shares the Reporting Persons have the right to acquire upon the vesting and exercise of the Radiance Star Class A Warrants, and (iii) an aggregate of approximately 166,834 Shares that the Reporting Persons have the right to acquire upon the vesting and exercise of Series D Warrants, each of (ii) and (iii) which has been added to the Shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act.

The aggregate number and percentage of Shares beneficially owned by each Reporting Person and, for each Reporting Person, the number of Shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition, are set forth on rows 7 through 11 and row 13 of the cover pages of this Amendment No. 3 and are incorporated by reference herein.

**(b)**
Radiance Star holds directly (i) 892 unvested Series D Warrants, which represent the right to purchase approximately 166,834 Shares, subject to the vesting terms described in Item 3 of the Original 13D, and (ii) the Radiance Star Class A Warrants, which represent the right to purchase 220,000 Shares, subject to the vesting terms described in Item 3 of Amendment No. 1. Radiance Star also holds directly 50 unvested Series E Warrants, which represent the right to purchase approximately 9,404 Shares, subject to the vesting terms described in Item 3 of the Original 13D which are outside of the Reporting Person's control; such Shares are excluded from the amount of Shares reported as beneficially owned directly by Radiance Star and indirectly by GAM and GIC.

GIC is a fund manager and only has two clients: the Government of Singapore (GoS) and Monetary Authority of Singapore. Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. GIC is wholly owned by the GoS and was set up with the sole purpose of managing Singapore's foreign reserves.

GAM is a wholly owned subsidiary of GIC and is the public equity investment arm of GIC. Radiance Star shares the power to vote and the power to dispose of Shares held directly by it with GAM.

Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any of the Reporting Persons is a member of a group, and each Reporting Person expressly disclaims any assertion or presumption that it and the other persons disclosed in this Schedule 13D constitute a group.

**(c)**
Except for the transactions listed in Exhibit 5 of this Amendment No. 3, none of the Reporting Persons and, to the best of their knowledge, none of the executive officers or directors of the Reporting Persons, has effected any transactions in the Shares during the past 60 days.

### 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.

**Reporting Person:** GIC Private Ltd

**Signature:** /s/ Wong Hui Ping

**Name/Title:** Wong Hui Ping/Senior Vice President

**Date:** 07/02/2025

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.

**Reporting Person:** GIC Asset Management Pte. Ltd

**Signature:** /s/ Sensen Lin

**Name/Title:** Sensen Lin/Managing Director

**Date:** 07/02/2025

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.

**Reporting Person:** Radiance Star Pte. Ltd.

**Signature:** /s/ Daniel Loo Wee Poon

**Name/Title:** Daniel Loo Wee Poon/Managing Director

**Date:** 07/02/2025