SCHEDULE: MCG7 Capital and Subsidiaries Report Braze Stake

MCG7 Capital Inc. and its subsidiaries Binder Clip Holdings LLC and Appboy BH LLC have jointly filed a Schedule 13G, reporting beneficial ownership of 6,709,408 shares of Braze, Inc. Class A Common Stock, representing 6% of the outstanding shares as of March 31, 2026.

Summary

• MCG7 Capital Inc., along with its indirect wholly-owned subsidiaries Binder Clip Holdings LLC and Appboy BH LLC, has filed a Schedule 13G.
• The filing reports a combined beneficial ownership of 6,709,408 shares of Braze, Inc. Class A Common Stock.
• This ownership stake represents 6% of the total outstanding Class A Common Stock as of March 31, 2026.
• Binder Clip Holdings LLC directly holds 6,709,408 shares, and Appboy BH LLC directly holds 355,448 shares.
• The reporting persons have shared voting and dispositive power over these shares.
• The filing is an amendment to a previous filing, with the event requiring this statement occurring on March 31, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not contain new financial results, strategic changes, or forward-looking guidance.

Positives

• MCG7 Capital and its subsidiaries have a significant ownership stake (6%) in Braze, Inc., indicating a substantial investment.
• The joint filing demonstrates a coordinated approach to reporting beneficial ownership.

Risks

• The filing does not contain specific forward-looking statements or risk factors beyond the standard disclosures inherent in a Schedule 13G filing.
• Potential risks associated with holding a 6% stake in a publicly traded company, such as market volatility and company performance, are not detailed in this specific filing.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain specific forward-looking statements or guidance from Braze, Inc. or the reporting persons regarding future performance or strategy.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by MCG7 Capital and its subsidiaries indicates a significant passive investment in Braze, Inc., a company operating in the customer engagement platform market. Such filings are common for institutional investors or investment firms accumulating substantial stakes in public companies.

Stakeholder Impact

• Shareholders of Braze, Inc.: The filing confirms a significant institutional investor's stake, which can influence market perception and trading dynamics.
• MCG7 Capital Inc. and its subsidiaries: The filing formalizes their beneficial ownership and reporting obligations.
• Regulatory bodies (SEC): The filing fulfills compliance requirements under the Securities Exchange Act of 1934.

Next Steps

• MCG7 Capital Inc., Binder Clip Holdings LLC, and Appboy BH LLC will continue to file amendments to Schedule 13G as required by SEC regulations.
• Braze, Inc. will continue its operations as a customer engagement platform provider.

Key Dates

Keywords

Braze Inc., Schedule 13G, MCG7 Capital, Binder Clip Holdings LLC, Appboy BH LLC, Beneficial Ownership, Class A Common Stock, SEC Filing, Investment