Wildcat Capital Management Amends Skillz Stake

TL;DR

Wildcat Capital Management filed an amendment on their Skillz Inc. stake. Watch for potential moves.

AI Summary

Wildcat Capital Management, LLC, along with Wildcat Partner Holdings, LP, has filed an amendment (No. 5) to their Schedule 13D concerning Skillz Inc. The filing, dated December 12, 2024, indicates a change in their beneficial ownership of Skillz Inc. common stock. Wildcat Capital Management, LLC is based in New York, NY, and Skillz Inc. is incorporated in Delaware.

Why It Matters

This filing signals a potential shift in major shareholder influence or strategy for Skillz Inc., which could impact its stock performance and corporate direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility.

Key Numbers

• Amendment No. 5 — Filing Amendment (Indicates this is an update to a previous filing.)
• 20241212 — Filing Date (Date the amendment was filed with the SEC.)

Key Players & Entities

• Wildcat Capital Management, LLC (company) — Filing entity
• Skillz Inc. (company) — Subject company
• Wildcat Partner Holdings, LP (company) — Group member
• Brian Rosenblatt (person) — Contact person at Wildcat Capital Management
• Flying Eagle Acquisition Corp. (company) — Former company name of Skillz Inc.

FAQ

Key Financial Figures

• $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti
• $7.00 — s A Common Stock from WPH at a price of $7.00 per share, for total proceeds of $6,730
• $6,730,724.00 — $7.00 per share, for total proceeds of $6,730,724.00 and 18,316 shares of Class A Common Sto
• $128,212.00 — $7.00 per share, for total proceeds of $128,212.00. The Share Repurchase Agreements contai

Filing Documents

• d887881dsc13da.htm (SC 13D/A) — 55KB
• d887881dex996.htm (EX-99.6) — 29KB
• d887881dex997.htm (EX-99.7) — 29KB
• 0001193125-24-277029.txt ( ) — 115KB

of the Original Schedule 13D is amended and restated in its entirety as follows

Item 5 of the Original Schedule 13D is amended and restated in its entirety as follows: The information set forth in Items 2, 3 and 4 is hereby incorporated by reference into this Item 5. The responses set forth on rows 7 through 13 of the cover pages of this Statement are incorporated by reference in this Item 5. (a) and (b) The Reporting Persons do not beneficially own any shares of Class A Common Stock. (c) Except as set forth in Item 4, the Reporting Persons have not, and to the knowledge of the Reporting Persons, without independent verification, no person named in Item 2 hereof has, effected any transactions in securities of the Issuer during the past 60 days. (d) The Reporting Persons do not beneficially own any shares of Class A Common Stock. (e) December 10, 2024. Item7. Materials to be Filed as Exhibits. This Amendment amends and supplements Item 7 of the Schedule 13D by adding the following: Exhibit No. Description 6. Stock Repurchase Agreement between Wildcat Partner Holdings, LP and the Issuer. 7. Stock Repurchase Agreement between Wildcat Capital Management, LLC and the Issuer. 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. Dated: December 12, 2024 LEONARD A. POTTER By: /s/ Leonard A. Potter Name: Leonard A. Potter WILDCAT CAPITAL MANAGEMENT, LLC By: /s/ Leonard A. Potter Name: Leonard A. Potter Title: President WILDCAT PARTNER HOLDINGS, LP By: Bond Management GP, LLC, its general partner By: /s/ Sherri Conn Name: Sherri Conn Title: Vice President

View Full Filing

View this SC 13D/A filing on SEC EDGAR