SCHEDULE 13G/A: ArrowMark Colorado Holdings Discloses 8.13% Passive Stake in 8x8 Inc.
Beneficial Ownership Report
ArrowMark Colorado Holdings, LLC has filed an Amendment No. 5 to Schedule 13G, reporting a passive beneficial ownership of 8.13% of 8x8 Inc.'s common stock as of March 31, 2025.
Summary
- ArrowMark Colorado Holdings, LLC reported beneficial ownership of 10,703,717 shares of 8x8 Inc. common stock.
- This represents 8.13% of the total class of securities.
- The filing is an Amendment No. 5 to Schedule 13G, indicating an update to a previously reported passive stake.
- ArrowMark Colorado Holdings, LLC is classified as an investment adviser.
- The shares are held in the ordinary course of business and were not acquired for the purpose of or with the effect of changing or influencing the control of 8x8 Inc.
Sentiment
Score: 5
Explanation: Neutral. A Schedule 13G filing is a routine disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It simply updates the public on a significant shareholder's stake.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- This filing informs shareholders and the market about a significant passive ownership stake held by ArrowMark Colorado Holdings, LLC in 8x8 Inc.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement |
| 05/15/2025 | Date of signature for the Schedule 13G filing |
Keywords
8x8 Inc, ArrowMark Colorado Holdings, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment
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