SC 13G/A: CARVANA CO.
Ticker: CVNA · Form: SC 13G/A · Filed: 2024-02-14T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by CARVANA CO..
Risk Assessment
Risk Level: low
Filing Stats: 1,500 words · 6 min read · ~5 pages · Grade level 9.4 · Accepted 2024-02-14 08:31:33
Key Financial Figures
- $0.001 — suer) Class A Common Stock, par value $0.001 per share (Title of Class of Securitie
Filing Documents
- p24-0808sc13ga.htm (SC 13G/A) — 73KB
- 0000902664-24-001581.txt ( ) — 75KB
(a)
Item 1(a). NAME OF ISSUER: The name of the issuer is Carvana Co. (the " Company ").
(b)
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 300 E. Rio Salado Parkway, Tempe, AZ 85281.
(a)
Item 2(a). NAME OF PERSON FILING: This statement is filed by: (i) Greenoaks Capital Partners LLC (the " Investment Manager "), a Delaware limited liability company and the investment adviser to certain funds and accounts (the " Greenoaks Funds "), with respect to the shares of Class A Common Stock (as defined in Item 2(d) below) directly held by the Greenoaks Funds; (ii) Mr. Neil Mehta (" Mr. Mehta "), a managing member of the Investment Manager, with respect to the shares of Class A Common Stock directly held by the Greenoaks Funds; and (iii) Mr. Benjamin Peretz (" Mr. Peretz "), a managing member of the Investment Manager, with respect to the shares of Class A Common Stock directly held by the Greenoaks Funds. The foregoing persons are hereinafter sometimes collectively referred to as the " Reporting Persons ." The filing of this statement should not be construed as an admission that any of the forgoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the shares of Class A Common Stock reported herein.
(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 4 Orinda Way Building C, Suite 200 Orinda, CA 94563.
(c)
Item 2(c). CITIZENSHIP: The Investment Manager is a Delaware limited liability company. Mr. Mehta and Mr. Peretz are each citizens of the United States.
(d)
Item 2(d). TITLE OF CLASS OF SECURITIES: Class A Common Stock, par value $0.001 per share (the " Class A Common Stock "). CUSIP No. 146869102 13G/A Page 6 of 8 Pages
(e)
Item 2(e). CUSIP NUMBER: 146869102 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: (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) x 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) x 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. OWNERSHIP: The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentages set forth herein are calculated based upon 114,030,364 shares of Class A Common Stock outstanding as of October 30, 2023, as reported in 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 2, 2023. CUSIP No. 146869102 13G/A Page 7 of 8 Pages Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable. Item
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: February 14, 2024 GREENOAKS CAPITAL PARTNERS LLC By: /s/ Neil Mehta Name:Neil Mehta Title:Managing Member /s/ Neil Mehta Neil Mehta /s/Benjamin Peretz Benjamin Peretz