SCHEDULE 13G/A: Cowen Entities Disclose Combined 3.4% Stake in Direct Selling Acquisition Corp.
Beneficial Ownership Report
COWEN AND COMPANY, LLC and Cowen Financial Products LLC have jointly reported a combined beneficial ownership of 3.4% of Direct Selling Acquisition Corp.'s Class A common stock as of December 31, 2024.
Summary
- COWEN AND COMPANY, LLC beneficially owns 134,623 shares of Direct Selling Acquisition Corp.'s Class A common stock, representing 1.6% of the class.
- Cowen Financial Products LLC beneficially owns 150,000 shares of Direct Selling Acquisition Corp.'s Class A common stock, representing 1.8% of the class.
- Collectively, COWEN AND COMPANY, LLC and Cowen Financial Products LLC beneficially own an aggregate of 284,623 shares, which constitutes 3.4% of the Class A common stock.
- Both reporting persons hold sole voting and sole dispositive power over their respective shares.
- The filing is an Amendment No. 2 to Schedule 13G, indicating a passive investment not intended to change or influence control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's operational or financial performance.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement |
| 02/11/2025 | Date of filing of this Schedule 13G Amendment No. 2 |
Keywords
Direct Selling Acquisition Corp., COWEN AND COMPANY, LLC, Cowen Financial Products LLC, Schedule 13G, beneficial ownership, Class A common stock, SEC filing, institutional investment
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