SCHEDULE: Divisadero Street Capital Amends Build-a-Bear Stake

Divisadero Street Capital Management and affiliated entities have filed an amended Schedule 13G, disclosing a 7.7% beneficial ownership in Build-a-Bear Workshop, Inc. common stock.

Summary

• Divisadero Street Capital Management, LP, William Zolezzi, and Divisadero Street Capital, LLC collectively beneficially own 996,407 shares of Build-a-Bear Workshop, Inc. common stock, representing 7.7% of the class.
• Divisadero Street Partners, L.P. and Divisadero Street Partners GP, LLC beneficially own 721,578 shares, representing 5.6% of the class.
• All reporting persons hold shared voting and dispositive power over their respective reported shares.
• The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing control of Build-a-Bear Workshop, Inc.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by an investment firm, providing transparency regarding institutional holdings in the retail sector, specifically for a company like Build-a-Bear Workshop, Inc. It does not provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders gain transparency regarding significant institutional ownership stakes, which can influence market perception and trading activity.

Key Dates

Keywords

Build-a-Bear Workshop, Divisadero Street Capital Management, William Zolezzi, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Retail