SCHEDULE: LiveOak Entities & Principals Disclose Significant CS DISCO Stake

LiveOak Venture Partners entities and their managing members, Krishna Srinivasan and Venu Shamapant, have disclosed beneficial ownership of up to 12.6% of CS DISCO, INC. common stock.

Summary

• LiveOak Venture Partners I, L.P. beneficially owns 6,324,973 shares of CS DISCO, INC. common stock, representing 10.1% of the class.
• LOVP Upper Tier GP I, LLC beneficially owns 7,654,345 shares, representing 12.2% of CS DISCO, INC. common stock.
• Krishna Srinivasan and Venu Shamapant each beneficially own 7,878,717 shares, representing 12.6% of CS DISCO, INC. common stock.
• Other LiveOak affiliated entities, including LOVP SBIC Management Services, L.L.C., LiveOak I Co-Invest L.P., LiveOak I Co-Invest II L.P., LiveOak I Co-Invest IV LP, and LiveOak Co-Invest GP, LLC, also hold beneficial ownership ranging from 0.1% to 1.2%.
• The reported percentages are based on 62,493,000 shares of common stock outstanding as of September 30, 2025, as reported in CS DISCO, INC.'s Quarterly Report on Form 10-Q filed on November 5, 2025.

Sentiment

Score: 5

Explanation: This is a neutral, factual disclosure of beneficial ownership, providing transparency without inherently positive or negative implications for the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing reflects a significant institutional stake in CS DISCO, INC. by LiveOak Venture Partners and its principals, common for venture capital firms that have invested in companies prior to or during their public listing. Such disclosures provide transparency on major shareholders but do not inherently indicate a shift in broader industry trends.

Related Party Transactions

• Krishna Srinivasan and Venu Shamapant, as Managing Members of various general partners (SBIC GP, LOVPUT GP I, LICI GP), share voting and investment authority over the shares held by LiveOak Venture Partners 1A, L.P., LiveOak Venture Partners I, L.P., LiveOak I Co-Invest L.P., LiveOak I Co-Invest II L.P., and LiveOak I Co-Invest IV LP.

Stakeholder Impact

• Shareholders gain transparency regarding significant institutional and individual ownership stakes in CS DISCO, INC.

Key Dates

Keywords

CS DISCO, LiveOak Venture Partners, Beneficial Ownership, Schedule 13G, Institutional Ownership, Venture Capital, Common Stock, Equity Stake