SC 13G: Oportun Financial Corp

AI Summary

SC 13G filing by Oportun Financial Corp.

Risk Assessment

Risk Level: low

Key Financial Figures

• $0.0001 — ation (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
• $0.01 — at an exercise price per share equal to $0.01 per Warrant, subject to the Beneficial

Filing Documents

• ef20038938_sc13g.htm (SC 13G) — 197KB
• 0001140361-24-047490.txt ( ) — 198KB

(a)

Item 1(a). Name of Issuer: Oportun Financial Corporation (the "Issuer")

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 2 Circle Star Way, San Carlos, CA 94070

(a), (c)

Item 2(a), (c). Name of Person Filing: This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) McLaren Harbor, LLC, a Delaware limited liability company ii) CL VI Ventures Offshore, L.P., a Cayman Islands limited partnership; iii) Castlelake VI GP, L.P., a Delaware limited partnership; iv) Castlelake, L.P., a Delaware limited partnership; v) Rory O'Neill, a citizen of the United States of America; and vi) Evan Carruthers, a citizen of the United States of America.

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of each Reporting Person is 250 Nicollet Mall Suite 900, Minneapolis, MN 55401.

(d)

Item 2(d). Title of Class of Securities: Common Stock, $0.0001 par value per share (the "Shares")

(e)

Item 2(e). CUSIP Number: 68376D104 Item 3. If This Statement is Filed Pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: This Item 3 is not applicable. CUSIP No. 68376D104 Page 9 of 12 Item 4.

(a)

Item 4(a). Amount Beneficially Owned: As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 2,426,503 Shares, which amount consists of 2,426,503 Shares issuable upon the exercise of 2,426,503 Warrants, subject to the Beneficial Ownership Limitation, which are held directly by McLaren Harbor, LLC.

(b)

Item 4(b). Percent of Class: As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of approximately 6.3% of Shares outstanding. (This percentage is calculated based on 35,971,037 Shares outstanding as of November 5, 2024, based on the Issuer's quarterly report on Form 10-Q filed with the SEC on November 12, 2024, plus the total number of Shares that the Reporting Persons have the right to acquire upon exercise of Warrants, subject to the Beneficial Ownership Limitation, which amount has been added to the shares outstanding in accordance with Rule 13d-3(d)(i)(1) under the Act.)

(c)

Item 4(c). Number of Shares as to Which Such Person Has: Each of the Reporting Persons: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 2,426,503 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 2,426,503 Item 5. This Item 5 is not applicable. Item 6. This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: This Item 7 is not applicable. Item 8. Identification and Classification of Members of the Group: This Item 8 is not applicable. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. CUSIP No. 68376D104 Page 10 of 12 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. MCLAREN HARBOR, LLC By: /s/ William Stephen Venable Jr William Stephen Venable Jr Vice President CL VI VENTURES OFFSHORE, L.P. By: /s/ William Stephen Venable Jr William Stephen Venable Jr Vice President CASTLELAKE VI GP, L.P. By: /s/ William Stephen Venable Jr William Stephen Venable Jr Vice President CASTLELAKE, L.P. By: /s/ William Stephen Venable Jr. William Stephen Venable Jr. Vice P

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