UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 
SCHEDULE 13G/A

INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO RULES 13d-1(b),(c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 UNDER
THE SECURITIES EXCHANGE ACT OF 1934*
 
(Amendment No. 2)
 
Acushnet Holdings Corp.
(Name of Issuer)
 
Common Stock, par value $0.001 per share
(Title of Class of Securities)
 
005098108
(CUSIP Number)
 
December 31, 2021
(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-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(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 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).
 
Page 1 of 7

 	
 
CUSIP No. 005098108	13G/A	Page 2 of 7 Pages	
1	NAME OF REPORTING PERSON

Fila Holdings Corp. (1)	
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
(b) ☐	
3	SEC USE ONLY

4	CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Korea	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH	5	SOLE VOTING POWER

37,104,008 (2)	
	6	SHARED VOTING POWER

- 0 -	
	7	SOLE DISPOSITIVE POWER

37,104,008 (2)
	
	8	SHARED DISPOSITIVE POWER

- 0 -	
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

37,104,008	
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
	
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

50.9% (3)
	
12	TYPE OF REPORTING PERSON

CO	
 	 	 	 	 	 	
(1) Fila Holdings Corp. was formerly known as Fila Korea Ltd.
(2) Magnus Holdings Co., Ltd. (“Magnus Holdings”) directly holds 37,104,008 shares of Acushnet Holdings Corp. (the “Issuer”). The sole shareholder of Magnus Holdings is Fila Holdings Corp. (“Fila Holdings”). Because of Fila Holdings’ relationship to Magnus Holdings, Fila Holdings may be deemed to beneficially own the shares directly held by Magnus Holdings.
(3) Based on a total of 72,929,940 shares of Common Stock, par value $0.001 per share (“Common Stock”) of the Issuer outstanding, which is the difference between (i) 73,629,759 shares of Common Stock outstanding as of October 29, 2021, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “Commission”) on November 4, 2021 and (ii) 699,819 shares of Common Stock sold by Magnus Holdings to the Issuer pursuant to a Stock Repurchase Agreement dated November 8, 2021, as reported by the Reporting Persons in a Form 4 filed with the Commission on January 25, 2022.
 
Page 2 of 7 Pages

 	
 
CUSIP No. 005098108	13G/A	Page 3 of 7 Pages	
1	NAME OF REPORTING PERSON

Magnus Holdings Co., Ltd.	
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
(b) ☐	
3	SEC USE ONLY

4	CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Korea	
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH	5	SOLE VOTING POWER

37,104,008	
	6	SHARED VOTING POWER
- 0 -	
	7	SOLE DISPOSITIVE POWER

37,104,008	
	8	SHARED DISPOSITIVE POWER
- 0 -

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

37,104,008	
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
	
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

50.9% (1)
	
12	TYPE OF REPORTING PERSON

CO	
 	 	 	 	 	 	
(1) Based on a total of 72,929,940 shares of Common Stock of the Issuer outstanding, which is the difference between (i) 73,629,759 shares of Common Stock outstanding as of October 29, 2021, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Commission on November 4, 2021 and (ii) 699,819 shares of Common Stock sold by Magnus Holdings to the Issuer pursuant to a Stock Repurchase Agreement dated November 8, 2021, as reported by the Reporting Persons in a Form 4 filed with the Commission on January 25, 2022
 
Page 3 of 7 Pages

 	
 
Item	1(a). Name of Issuer:	
 
Acushnet Holdings Corp.
 
Item 1(b).	Address of Issuer’s Principal Executive Offices:	
 
333 Bridge Street
Fairhaven, Massachusetts
 
Item 2(a).	Name of Person Filing:	
 
This Schedule 13G is being filed jointly by Fila Holdings Corp. and Magnus Holdings Co., Ltd., pursuant to an Agreement of Joint Filing, a copy of which is filed with this Schedule 13G as Exhibit 1, in accordance with Rule 13d-1(k)(1) under the Act.
 
Magnus Holdings directly holds 37,104,008 shares of Common Stock of the Issuer. The sole shareholder of Magnus Holdings is Fila Holdings Corp. Because of Fila Holdings Corp.’s relationship to Magnus Holdings, Fila Holdings Corp. may be deemed to beneficially own the shares directly held by Magnus Holdings.
 
Item 2(b).	Address of Principal Business Office or, if none, Residence:	
 
Fila Holdings Corp.
1077 Cheonho-daero, Gangdong-gu,
Seoul, Korea 15F,16F,17F,18F, 05340
Magnus Holdings Co., Ltd.
1077 Cheonho-daero, Gangdong-gu,
Seoul, Korea 18F, 05340
 
Item 2(c).	Citizenship:	
 
See response to Item 4 on each cover page.
 
Item 2(d).	Title of Class of Securities:	
 
Common Stock, $0.001 par value.
 
Item 2(e).	CUSIP NUMBER: 005098108	
 
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:	
 
 	(a)	☐ Broker or dealer registered under Section 15 of the Exchange Act	
 
 	(b)	☐ Bank as defined in Section 3(a)(6) of the Exchange Act	
 
 	(c)	☐ Insurance company as defined in Section 3(a)(19) of the Exchange Act	
 
 	(d)	☐ Investment company registered under Section 8 of the Investment Company Act of 1940	
 
Page 4 of 7 Pages

 	
 
 	(e)	☐ Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940: see Rule 13d-1(b)(1)(ii)(E)	
 
 	(f)	☐ Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)	
 
 	(g)	☐ Parent holding company, in accordance with Rule 13d-1(b)(1)(ii)(G).	
 
 	(h)	☐ Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act.	
 
 	(i)	☐ Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940.	
 
 	(j)	☐ Non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:	
 
 	(k)	☐ Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).	
 
Item 4.	Ownership	
 
(a) Amount Beneficially Owned:
 
See responses to Item 9 on each cover page.
 
(b) Percent of Class:
 
See responses to Item 11 on each cover page.
 
(c) Number of shares as to which such person has:
 
(i) Sole power to vote or to direct the vote:
 
See responses to Item 5 on each cover page.
 
(ii) Shared power to vote or to direct the vote:
 
See responses to Item 6 on each cover page.
 
(iii) Sole power to dispose or to direct the disposition of:
 
See responses to Item 7 on each cover page.
 
(iv) Shared power to dispose or to direct the disposition of:
 
See responses to Item 8 on each cover page.
 
Page 5 of 7 Pages

 	
 
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.	
 
See response to Item 2(a) above.
 
Item 8.	Identification and Classification of Members of the Group.	
 
Not Applicable.
 
Item 9.	Notice of Dissolution of Group.	
 
Not Applicable.
 
Item 10.	Certification.	
 
Not Applicable.
 
Page 6 of 7 Pages

 	
 
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 8, 2022

Fila Holdings Corp.	
 	 	 	
 	By:	/s/ Keun Chang Yoon	
 	Name:	Keun Chang Yoon	
 	Title:	Chief Executive Officer	

Magnus Holdings Co., Ltd.	
 	 	 	
 	By:	/s/ Ho Yeon Lee	
 	Name:	Ho Yeon Lee	
 	Title:	Chief Executive Officer	

EXHIBIT INDEX

Exhibit 	 	Description of Exhibit 	
 	 	 	
  1	 	Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Act.	
 
Page 7 of 7 Pages

 	 	 	

 
Acushnet Holdings Corp. SC 13G/A
 
Exhibit 1

Joint Filing Agreement
We, the signatories of the statement to which this Joint Filing Agreement is attached, hereby agree that such statement is filed, and any amendments thereto filed by any or all of us, will be filed, on behalf of each of us.
Dated: February 8, 2022
Fila Holdings Corp.

By: /s/ Keun Chang Yoon

Name: Keun Chang Yoon
Title: Chief Executive Officer
Magnus Holdings Co., Ltd.

By: /s/ Ho Yeon Lee
Name: Ho Yeon Lee
Title: Chief Executive Officer