# EDGAR Filing Document

**Accession Number:** 0001988894
**File Stem:** 0000950170-25-080533
**Filing Date:** 2025-6
**Character Count:** 17330
**Document Hash:** a08cd729de5c87a5d43f2375a5df659f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-25-080533.hdr.sgml**: 20250602

**ACCESSION NUMBER**: 0000950170-25-080533

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

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250602

**DATE AS OF CHANGE**: 20250602

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Amer Sports, Inc.
- **CENTRAL INDEX KEY:** 0001988894
- **STANDARD INDUSTRIAL CLASSIFICATION:** APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94360
- **FILM NUMBER:** 251017017

**BUSINESS ADDRESS:**
- **STREET 1:** SILTASAARENKATU 8-10
- **STREET 2:** FL-00530
- **CITY:** HELSINKI
- **STATE:** H9
- **ZIP:** 00511
- **BUSINESS PHONE:** 358 207 122 500

**MAIL ADDRESS:**
- **STREET 1:** SILTASAARENKATU 8-10
- **STREET 2:** FL-00530
- **CITY:** HELSINKI
- **STATE:** H9
- **ZIP:** 00511
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FountainVest China Capital Partners GP3 Ltd.
- **CENTRAL INDEX KEY:** 0001795487

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CONYERS TRUST COMPANY (CAYMAN) LTD
- **STREET 2:** CRICKET SQUARE, HUTCHINS DR, PO BOX 2681
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-1111
- **BUSINESS PHONE:** 0085239723933

**MAIL ADDRESS:**
- **STREET 1:** C/O CONYERS TRUST COMPANY (CAYMAN) LTD
- **STREET 2:** CRICKET SQUARE, HUTCHINS DR, PO BOX 2681
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-1111

### Attached PDF Documents

**Attachment 1:** `ck0000000000-ex99_a.pdf`

Schedule A

# DIRECTORS AND EXECUTIVE OFFICERS OF CERTAIN REPORTING PERSONS

The following sets forth the name, position, address, principal occupation and citizenship of each director of the applicable Reporting Persons (the "Instruction C Persons"). As of the date of the most recent amendment to this statement on Schedule 13D, none of the Reporting Persons has any executive officers. The business address for each of Neil Gray and Lynden Rees John is c/o Baseball Investment Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. The business address for Jarladth Travers is c/o Baseball II Investment Limited, Commerce House, Wickhams Cay 1, P.O. Box 3140, Road Town, Tortola, British Virgin Islands VG1110. The business address for each of Frank K. Tang and George Jian Chuang is c/o FountainVest Partners, 2501, Two IFC, 8 Finance Street, Central, Hong Kong.

Directors of Baseball I:

| Name | Present Principal Occupation/Business | Citizenship | Shares of Ordinary shares Owned |
| --- | --- | --- | --- |
| Neil Gray | Director at Hawksford Governance Partners Cayman Limited | United Kingdom and Cayman Islands | Nil |
| Lynden Rees John | Executive Director at Waystone Group | United Kingdom, Cayman Islands and South Africa | Nil |

Sole Director of Baseball II:

| Name | Present Principal Occupation/Business | Citizenship | Shares of Ordinary shares Owned |
| --- | --- | --- | --- |
| Jarladth Travers | Head of Conyers Governance (Cayman) Limited | Ireland and Cayman Islands | Nil |

Directors of FountainVest GP:

| Name | Present Principal Occupation/Business | Citizenship | Shares of Ordinary shares Owned |
| --- | --- | --- | --- |
| Frank K. Tang | Chairman and Chief Executive Officer of FountainVest Partners (Asia) Limited | Hong Kong | Nil |
| George Jian Chuang | President of FountainVest Partners (Asia) Limited | Canada | Nil |
| Lynden Rees John | Executive Director at Waystone Group | United Kingdom, Cayman Islands and South Africa | Nil |

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Amer Sports, Inc.**

*(Name of Issuer)*

**Ordinary share, par value EUR 0.0300580119630888 each**

*(Title of Class of Securities)*

**G0260P102**

*(CUSIP Number)*

**Brian Lee, Esq.**<br>FountainVest Partners<br>2501, Two IFC, 8 Finance Street, Central<br>Hong Kong K3 00000<br>852-3972 3900

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

**05/30/2025**

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

| **CUSIP No.** | **G0260P102** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Baseball Investment Limited** | Name of reporting person<br>**Baseball Investment Limited** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 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>**CAYMAN ISLANDS** | Citizenship or place of organization<br>**CAYMAN ISLANDS** | |
| 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>**26407041.00** |
| 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>**26407041.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**26407041.00** | Aggregate amount beneficially owned by each reporting person<br>**26407041.00** | |
| 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>**4.8%** | Percent of class represented by amount in Row (11)<br>**4.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **G0260P102** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Baseball Investment II Limited** | Name of reporting person<br>**Baseball Investment II Limited** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 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>**D8** | Citizenship or place of organization<br>**D8** | |
| 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>**7692307.00** |
| 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>**7692307.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**7692307.00** | Aggregate amount beneficially owned by each reporting person<br>**7692307.00** | |
| 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>**1.4%** | Percent of class represented by amount in Row (11)<br>**1.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **G0260P102** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**FountainVest China Capital Partners GP3 Ltd.** | Name of reporting person<br>**FountainVest China Capital Partners GP3 Ltd.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (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>**CAYMAN ISLANDS** | Citizenship or place of organization<br>**CAYMAN ISLANDS** | |
| 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>**34099348.00** |
| 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>**34099348.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**34099348.00** | Aggregate amount beneficially owned by each reporting person<br>**34099348.00** | |
| 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>**6.1%** | Percent of class represented by amount in Row (11)<br>**6.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Ordinary share, par value EUR 0.0300580119630888 each

**(b) Name of Issuer:**
Amer Sports, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
SILTASAARENKATU 8-10, FL-00530, HELSINKI, H9, 00511

Explanatory Note:

This Amendment No. 2 (this "Amendment No.2") amends the initial statement on Schedule 13D originally filed with the Securities and Exchange Commission (the "SEC") on February 15, 2024 by the Reporting Persons with respect to the ordinary shares, par value EUR 0.0300580119630888 per share (the "Ordinary Shares"), of Amer Sports, Inc., a company organized under the laws of the Cayman Islands (the "Issuer"), as amended by the Amendment No.1 thereto filed on December 20, 2024 (as amended, the "Schedule 13D"). Except as specifically provided herein, this Amendment No. 2 does not modify any of the information previously reported in the Schedule 13D. All capitalized terms used herein which are not defined herein have the meanings given to such terms in the Schedule 13D.

**Item 4. Purpose of Transaction**

Item 4(a) of the Schedule 13D is hereby amended and supplemented by adding the following:

On May 28, 2025, Baseball I entered into an underwriting agreement (the "Underwriting Agreement") with Goldman Sachs & Co. LLC and BofA Securities, Inc. (collectively, the "Underwriters") and the Issuer, pursuant to which the Underwriters agreed to purchase 35,000,000 Ordinary Shares from Baseball I (the "May 2025 Offering"). The May 2025 Offering was closed on May 30, 2025.

In connection with the May 2025 Offering, on May 28, 2025, each of Baseball I and Baseball II entered into a lock-up letter agreement (collectively, "May 2025 Lock-up Letters") with the Underwriters. Pursuant to the May 2025 Lock-up Letters, Baseball I and Baseball II, with limited exceptions, may not (and may not cause any of their direct or indirect affiliates to) (i) offer, sell, contract to sell, pledge, grant any option, right or warrant to purchase, purchase any option or contract to sell, lend or otherwise transfer or dispose of any Ordinary Shares, or any options or warrants to purchase any Ordinary Shares, or any securities convertible into, exchangeable for or that represent the right to receive Ordinary Shares (such Ordinary Shares, options, rights, warrants or other securities, collectively, "Lock-Up Securities"), including without limitation any such Lock-Up Securities now owned or hereafter acquired by such lock-up party, (ii) engage in any hedging or other transaction or arrangement (including, without limitation, any short sale or the purchase or sale of, or entry into, any put or call option, or combination thereof, forward, swap or any other derivative transaction or instrument, however described or defined) which is designed to or which reasonably could be expected to lead to or result in a sale, loan, pledge or other disposition (whether by the undersigned or someone other than the undersigned), or transfer of any of the economic consequences of ownership, in whole or in part, directly or indirectly, of any Lock-Up Securities, whether any such transaction or arrangement (or instrument provided for thereunder) would be settled by delivery of the Ordinary Shares or other securities, in cash or otherwise, (iii) make any demand for or exercise any right with respect to the registration of any Lock-Up Securities or (iv) otherwise publicly announce any intention to engage in or cause any action, activity, transaction or arrangement described in clause (i), (ii) or (iii) of this paragraph, in each case without the prior written consent of the Underwriters, for a period of 60 days after the date of final prospectus for the May 2025 Offering.

The forgoing description of the Underwriting Agreement and the May 2025 Lock-up Letters contained herein is qualified in its entirety by reference to the Underwriting Agreement and accompanying form of the May 2025 Lock-up Letters, a copy of which is attached hereto as Exhibit 99.5, which is incorporated herein by reference.

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

**(a)**
Item 5(a) of this Schedule 13D is hereby amended and restated as follows:

Calculation of the percentage of Ordinary Shares beneficially owned by Reporting Persons as noted on the cover pages of the Schedule 13D, as amended by this Amendment No. 2, is based on 554,571,446 Ordinary Shares outstanding as of March 31, 2025 as disclosed in the final prospectus filed by the Issuer with the SEC on May 30, 2025.

**(b)**
Item 5(b) of this Schedule 13D is hereby amended and restated as follows:

The aggregate number and percentage of the Ordinary 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 the Schedule 13D, as amended by this Amendment No. 2, and are incorporated herein by reference.

**(c)**
Item 5(c) of this Schedule 13D is hereby amended and restated as follows: Except as disclosed in the Schedule 13D, as amended by this Amendment No. 2, none of the Reporting Persons has, and to the best knowledge of the Reporting Persons, none of persons named in Schedule A to this Schedule 13D has, effected any transaction in Ordinary Shares during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6(a) of this Schedule 13D is hereby amended and supplemented by adding the following:

The information contained in Item 4(a) of this Amendment No. 2 is hereby incorporated by reference in this Item 6(a).

### 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:** Baseball Investment Limited

**Signature:** /s/ Neil Gray

**Name/Title:** Neil Gray / Director

**Date:** 06/02/2025

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:** Baseball Investment II Limited

**Signature:** /s/ Jarladth Travers

**Name/Title:** Jarladth Travers / Director

**Date:** 06/02/2025

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:** FountainVest China Capital Partners GP3 Ltd.

**Signature:** /s/ Brian Lee

**Name/Title:** Brian Lee / Authorized Signatory

**Date:** 06/02/2025