System1, INC Schedule 13D activist filings

Cannae Holdings, LLC sold 2.34 million shares of System1, Inc. Class A common stock for approximately $10 million, reducing its beneficial ownership to 4.4%.

Cannae Holdings, Inc. and Cannae Holdings, LLC updated their beneficial ownership in System1, Inc. to 33.2% of Class A common stock due to an increase in outstanding shares.

The Blend Family Foundation, linked to System1, Inc.'s CEO Michael Blend, has disclosed a 7.0% beneficial ownership stake in the company following a private placement of 4.5 million Class A Common Stock shares at $0.50 each.

Cannae Holdings, Inc. and Cannae Holdings, LLC have filed an amended Schedule 13D, reporting a 36.3% beneficial ownership in System1, Inc.'s Class A common stock, a change driven by an increase in the Issuer's total outstanding shares.