Sequoia Capital Files 13D/A Amendment for Maplebear Inc.

Ticker: CART · Form: SC 13D/A · Filed: Aug 28, 2024 · CIK: 1579091

Maplebear INC. SC 13D/A Filing Summary
FieldDetail
CompanyMaplebear INC. (CART)
Form TypeSC 13D/A
Filed DateAug 28, 2024
Risk Levelmedium
Pages16
Reading Time19 min
Key Dollar Amounts$0.00001
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, 13d-amendment, ownership-change

TL;DR

Sequoia Capital just amended their filing for Maplebear Inc. - watch this space.

AI Summary

On August 28, 2024, Douglas Leone and Roelof Botha, along with various entities managed by Sequoia Capital, filed an SC 13D/A amendment regarding their holdings in Maplebear Inc. The filing indicates a change in beneficial ownership, though specific new dollar amounts or percentages are not detailed in this excerpt. The filing date of the amendment is August 28, 2024.

Why It Matters

This filing signals a potential shift in control or strategy for Maplebear Inc. by its significant investors, which could impact its future operations and stock performance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in investor strategy or potential future actions that may affect the company's stock.

Key Players & Entities

FAQ

What specific changes in beneficial ownership are detailed in this SC 13D/A filing for Maplebear Inc.?

This excerpt does not specify the exact changes in beneficial ownership, only that an amendment to the SC 13D/A was filed on August 28, 2024.

Who are the primary individuals associated with this filing for Maplebear Inc.?

The primary individuals listed are Douglas Leone and Roelof Botha, along with various entities managed by Sequoia Capital.

What is the filing date of this SC 13D/A amendment?

The filing was made on August 28, 2024.

What is the business address of Maplebear Inc.?

The business address is 50 Beale Street, Suite 600, San Francisco, CA 94105.

What is the SIC code for Maplebear Inc.?

The Standard Industrial Classification (SIC) code for Maplebear Inc. is 7389, which falls under SERVICES-BUSINESS SERVICES, NEC.

Filing Stats: 4,784 words · 19 min read · ~16 pages · Grade level 6.4 · Accepted 2024-08-28 20:17:26

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 d696840dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* Maplebear Inc. (Name of Issuer) Class A Common Stock, par value $0.00001 per share (Title of Class of Securities) 565394103** (CUSIP Number) SC US (TTGP), Ltd. 2800 Sand Hill Road Suite 101 Menlo Park, CA 94025 Attention: Roelof Botha Telephone: (650) 854-3927 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with copies to: Craig Marcus Ropes & Gray LLP 800 Boylston Street Boston, Massachusetts 02199 (617) 951-7802 August 26, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting persons 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. ** This CUSIP number applies to the Issuers Class A Common Stock. The information required on 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). 1. Names of Reporting Persons. SEQUOIA CAPITAL USV XIV HOLDCO, LTD. (SEQUOIA CAPITAL USV XIV HOLDCO) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) PN 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 15,435,912 9. Sole Dispositive Power 0 10. Shared Dispositive Power 15,435,912 11. Aggregate Amount Beneficially Owned by Each Reporting Person 15,435,912 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 6.0% 1 14. Type of Reporting Person (See Instructions) OO 1 Based on a total of 257,104,661 shares of Class A common stock as of August 14, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 9, 2024, and reflecting the repurchase of 3,700,000 shares of Class A common stock as reported in the Issuers Current Report on Form 8-K filed with the Securities and Exchange Commission on August 14, 2024. 1. Names of Reporting Persons. SEQUOIA CAPITAL U.S. GROWTH FUND VI, L.P. (SEQUOIA CAPITAL U.S. GROWTH FUND VI) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) PN 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 2,846,524 9. Sole Dispositive Power 0 10. Shared Dispositive Power 2,846,524 11. Aggregate Amount Beneficially Owned by Each Reporting Person 2,846,524 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 1.1% 1 14. Type of Reporting Person (See Instructions) PN 1 Based on a total of 257,104,661 shares of Class A common stock as of August 14, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 9, 2024, and reflecting the repurchase of 3,700,000 shares of Class A common stock as reported in the Issuers Current Report on Form 8-K filed with the Securities and Exchange Commission on August 14, 2024. 1. Names of Reporting Persons. SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND, L.P. (SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) PN 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares

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