Divisadero Capital Amends Groupon 13G/A, Corrects Ownership Date

TL;DR

**Divisadero Capital just fixed their Groupon ownership filing, clarifying the event date and share count.**

AI Summary

Divisadero Street Capital Management, LP filed an amended SC 13G/A for Groupon, Inc. on January 3, 2024, correcting a previous filing from December 18, 2023. The amendment clarifies that the event requiring the filing occurred on November 29, 2023, and provides updated calculations for the shares beneficially owned by Divisadero. This matters to investors because it corrects the record on a significant institutional holder's stake, ensuring accurate information about who owns how much of Groupon.

Why It Matters

This filing provides corrected information about a significant investor's stake in Groupon, ensuring transparency and accuracy for current and potential shareholders.

Risk Assessment

Risk Level: low — This filing is a correction of a previous administrative error and does not indicate any new material risks or changes in investment strategy.

Analyst Insight

Investors should note this filing as a clarification of an existing institutional holding, not a new investment decision. It ensures the accuracy of public records regarding Divisadero Street Capital Management's stake in Groupon, which is important for understanding the ownership structure.

Key Players & Entities

• Divisadero Street Capital Management, LP (company) — the reporting person and institutional investor
• Groupon, Inc. (company) — the subject company whose shares are being reported
• November 29, 2023 (date) — the corrected date of the event requiring the filing
• December 18, 2023 (date) — the date of the previous, incorrect 13G filing

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• d10923922_13-g.htm (SC 13G/A) — 122KB
• 0000919574-24-000022.txt ( ) — 124KB

From the Filing

SC 13G/A 1 d10923922_13-g.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* 1 Groupon, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 399473206 (CUSIP Number) November 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [X] 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 the 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 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 The previous 13G filed by the Filers with respect to the Issuer on December 18, 2023 reflected an incorrect date of the event which required the filing of the statement due to a calculation error in determining the shares beneficially owned by the Filers. This Schedule 13G corrects the prior filing and provides updated corrected calculations of the shares beneficially owned by the Filers. CUSIP No. 399473206 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Divisadero Street Capital Management, LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,688,496 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,688,496 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,688,496 2 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA, PN 2 This figure includes 886,391 warrants beneficially owned by the Filers (as defined in Item 2(a)) each exercisable for 0.222257 shares of Common Stock, par value $0.0001 per share. CUSIP No. 399473206 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) William Zolezzi 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,688,496 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,688,496 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,688,496 3 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN, HC 3 This figure includes 886,391 warrants beneficially owned by the Filers (as defined in Item 2(a)) each exercisable for 0.222257 shares of Common Stock, par value $0.0001 per share. CUSIP No. 399473206 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Divisadero Street Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,688,496 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,688,496 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,688,496 4 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN 4 This figure includes 886,391 warrants beneficially owned by the Filers (as defined in Item 2(a)) each exercisable for 0.222257 shares of Common Stock, par value $0.0001 per share. CUSIP No. 399473206 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Divisadero Street Partners GP, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED V

View Full Filing

View this SC 13G/A filing on SEC EDGAR