Hudson Bay Capital Exits Leafbuyer Technologies Stake

TL;DR

**Hudson Bay Capital Management LP is out of Leafbuyer Technologies.**

AI Summary

Hudson Bay Capital Management LP, a Delaware-based investment firm, filed an amended Schedule 13G/A on February 5, 2024, indicating a change in their beneficial ownership of Leafbuyer Technologies, Inc. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that Hudson Bay Capital Management LP is no longer reporting beneficial ownership of Leafbuyer Technologies, Inc. shares. This matters to investors because a significant institutional investor has reduced or eliminated its stake, which could be interpreted as a loss of confidence in the company's future prospects.

Why It Matters

This filing indicates a major institutional investor, Hudson Bay Capital Management LP, has likely sold off its entire position in Leafbuyer Technologies, Inc., which could signal a lack of confidence in the company's future performance.

Risk Assessment

Risk Level: medium — The exit of a significant institutional investor like Hudson Bay Capital Management LP can signal underlying issues or a lack of future growth potential, increasing investment risk.

Analyst Insight

Investors should investigate the reasons behind Hudson Bay Capital Management LP's exit from Leafbuyer Technologies, Inc. and consider if this signals a fundamental shift in the company's outlook before making investment decisions.

Key Players & Entities

• Hudson Bay Capital Management LP (company) — the reporting person and investment firm
• Leafbuyer Technologies, Inc. (company) — the issuer of the securities
• State of Delaware (company) — place of organization for Hudson Bay Capital Management LP
• December 31, 2023 (date) — date of event requiring the filing
• $0.001 (dollar_amount) — par value per share of Common Stock

Forward-Looking Statements

• Leafbuyer Technologies, Inc. stock price may experience downward pressure due to the institutional exit. (Leafbuyer Technologies, Inc.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securitie

Filing Documents

• lbuy_13ga.htm (SC 13G/A) — 55KB
• image_007.gif (GRAPHIC) — 0KB
• 0001393825-24-000077.txt ( ) — 57KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is Leafbuyer Technologies, Inc., a Nevada corporation (the " Company ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 6888 S. Clinton Street, Suite 300, Greenwood Village, CO 80112.

(a)

Item 2(a). NAME OF PERSON FILING: This statement is filed by Hudson Bay Capital Management LP (the " Investment Manager ") and Mr. Sander Gerber (" Mr. Gerber "), who are collectively referred to herein as " Reporting Persons ."

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of each of the Reporting Persons is 28 Havemeyer Place, 2nd Floor, Greenwich, Connecticut 06830.

(c)

Item 2(c). CITIZENSHIP: The Investment Manager is a Delaware limited partnership. Mr. Gerber is a United States citizen.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.001 per share (the " Common Stock ").

(e)

Item 2(e). CUSIP NUMBER: 52177H100 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 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 Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ý Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) ý Parent holding company or control person 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 (12 U.S.C. 1813); (i) ¨ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) ¨ Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 filed with the Securities and Exchange Commission on November 15, 2023 discloses that the total number of outstanding shares of Common Stock as of November 14, 2023 was 99,428,575. The percentage set forth on row (11) and the number of shares of Common Stock set forth on rows (6), (8) and (9) of the cover page for each Rep

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of its or his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. DATE: February 5, 2024 HUDSON BAY CAPITAL MANAGEMENT LP By: /s/ Sander Gerber Name:Sander Gerber Title:Authorized Signatory /s/ Sander Gerber SANDER GERBER

View Full Filing

View this SC 13G/A filing on SEC EDGAR