STG III, L.P. Reports 13.3M Taboola Shares as of Dec 31, 2023
Ticker: TBLAW · Form: SC 13G/A · Filed: Feb 2, 2024 · CIK: 1840502
| Field | Detail |
|---|---|
| Company | Taboola.Com Ltd. (TBLAW) |
| Form Type | SC 13G/A |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: beneficial-ownership, institutional-holding, amendment
TL;DR
**STG III, L.P. still holds over 13 million Taboola shares, showing continued significant ownership.**
AI Summary
STG III, L.P. filed an amended SC 13G/A on February 2, 2024, disclosing its beneficial ownership in Taboola.com Ltd. as of December 31, 2023. The filing indicates STG III, L.P. holds sole voting power over 13,329,164 ordinary shares of Taboola.com Ltd. This matters to investors because it shows a significant institutional holder's updated position, which can influence market perception and potentially signal confidence or a change in strategy regarding Taboola.com Ltd. stock.
Why It Matters
This filing updates the public on a major institutional investor's stake in Taboola.com Ltd., providing transparency on who owns a significant portion of the company's shares and their voting power.
Risk Assessment
Risk Level: low — This is a routine update on beneficial ownership and does not indicate any immediate negative or positive financial risk.
Analyst Insight
Investors should note STG III, L.P.'s continued significant ownership as a data point when evaluating Taboola.com Ltd., but this filing alone doesn't suggest an immediate buy or sell action.
Key Numbers
- 13,329,164 — Ordinary Shares (Represents the number of Taboola.com Ltd. shares over which STG III, L.P. has sole voting power.)
Key Players & Entities
- STG III, L.P. (company) — reporting person and beneficial owner of Taboola.com Ltd. shares
- Taboola.com Ltd. (company) — the issuer of the securities being reported
- 13,329,164 (dollar_amount) — number of shares with sole voting power held by STG III, L.P.
- December 31, 2023 (date) — date of the event which requires the filing of this statement
Forward-Looking Statements
- STG III, L.P. will maintain a significant stake in Taboola.com Ltd. for the foreseeable future. (STG III, L.P.) — medium confidence, target: December 31, 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing is an amendment to a Schedule 13G, updating the beneficial ownership information for STG III, L.P. regarding its holdings in Taboola.com Ltd. as of December 31, 2023.
Who is the reporting person in this filing?
The reporting person in this filing is STG III, L.P., located at 1300 El Camino, Suite 3000, Menlo Park, CA 94025.
What is the name of the issuer whose securities are being reported?
The issuer of the securities is Taboola.com Ltd., with its business address at 16 Madison Square West, 7th Fl., New York, NY 10010.
How many shares does STG III, L.P. beneficially own with sole voting power?
STG III, L.P. beneficially owns 13,329,164 ordinary shares of Taboola.com Ltd. with sole voting power, as stated on page 2 of 5, item 5.
What is the CUSIP number for Taboola.com Ltd.'s securities?
The CUSIP number for Taboola.com Ltd.'s Ordinary Shares is M8744T106, as indicated on the cover page of the filing.
Filing Stats: 1,546 words · 6 min read · ~5 pages · Grade level 6.7 · Accepted 2024-02-02 17:20:27
Filing Documents
- d764992dsc13ga.htm (SC 13G/A) — 58KB
- d764992dex99a.htm (EX-99.A) — 4KB
- d764992dex99b.htm (EX-99.B) — 1KB
- 0001193125-24-022939.txt ( ) — 65KB
SIGNATURES
SIGNATURES 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: February 2, 2024 STG III, L.P. By: STG III GP, L.P. By: STG UGP, LLC By: /s/ Stephen Henkenmeier Stephen Henkenmeier, Managing Director & CFO STG III-A, L.P. By: STG III GP, L.P. By: STG UGP, LLC By: /s/ Stephen Henkenmeier Stephen Henkenmeier, Managing Director & CFO