Ledecky Amends Bark Inc. 13D Filing
Ticker: BARKW · Form: SC 13D/A · Filed: Jul 17, 2024 · CIK: 1819574
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: BARK
TL;DR
Ledecky updated his Bark stake filing on 7/17, event date 6/3. Watch this space.
AI Summary
Jonathan J. Ledecky filed an amendment (No. 2) to Schedule 13D on July 17, 2024, regarding Bark, Inc. The filing indicates a change in beneficial ownership, with Ledecky's filing date of event being June 3, 2024. This amendment updates information previously filed under the Securities Exchange Act of 1934.
Why It Matters
This filing signals a potential shift in control or significant stake changes for Bark, Inc., which could influence its stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in a major shareholder's position, which can lead to increased volatility.
Key Players & Entities
- Jonathan J. Ledecky (person) — Filing person
- Bark, Inc. (company) — Subject company
- Northern Star Acquisition Corp. (company) — Former company name
- June 3, 2024 (date) — Date of event requiring filing
- July 17, 2024 (date) — Filing date
FAQ
What is the primary purpose of this SC 13D/A filing?
This filing is an amendment (No. 2) to Schedule 13D, indicating a change in beneficial ownership or other material information regarding Bark, Inc. by Jonathan J. Ledecky.
Who is the filing person and what company is the subject of the filing?
The filing person is Jonathan J. Ledecky, and the subject company is Bark, Inc.
When was the event that triggered this filing?
The date of the event which requires filing of this statement is June 3, 2024.
What was Bark, Inc. formerly known as?
Bark, Inc. was formerly known as Original Bark Co. and Northern Star Acquisition Corp.
What is the CUSIP number for Bark, Inc. common stock?
The CUSIP number for Bark, Inc. common stock is 68622E 104.
Filing Stats: 1,013 words · 4 min read · ~3 pages · Grade level 9.6 · Accepted 2024-07-17 18:13:01
Key Financial Figures
- $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
- $0.0001 — respect to the common stock, par value $0.0001 per share (“Common Stock”),
Filing Documents
- ea0209516-13da2ledeck_bark.htm (SC 13D/A) — 32KB
- 0001213900-24-062245.txt ( ) — 34KB
Interest
Item 5. Interest in Securities of the Issuer Item 5 of the Existing Schedule 13D is hereby amended and restated in its entirety as follows: (a)-(b) The aggregate number and percentage of Common Stock beneficially owned by the Reporting Persons (on the basis of a total of 175,616,406 shares of Common Stock outstanding as of May 29, 2024) are as follows: Jonathan J. Ledecky a) Amount beneficially owned: 9,053,838 Percentage: 5.03 % b) Number of shares to which the Reporting Person has: i. Sole power to vote or to direct the vote: 9,053,838 ii. Shared power to vote or to direct the vote: 0 iii. Sole power to dispose or to direct the disposition of: 9,053,838 iv. Shared power to dispose or to direct the disposition of: 0 Jonathan J. Ledecky, Managing Member of Ironbound Partners Fund, LLC, has sole voting and dispositive power of the securities held by Ironbound Partners Fund, LLC. Notwithstanding his dispositive and voting control over such securities, Mr. Ledecky disclaims beneficial ownership of the securities of the Issuer held by Ironbound Partners Fund, LLC, except to the extent of his pecuniary interest therein. (c) Mr. Ledecky has not effected any transactions of the Issuer’s Common Stock during the 60 days preceding the date of this report, except as described in Item 5(e) of this Schedule 13D which information is incorporated herein by reference. (d) Not applicable. (e) Not applicable. 3
Signatures
Signatures 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: July 17, 2024 By: /s/ Jonathan J. Ledecky Jonathan J. Ledecky 4