SCHEDULE: Topline Capital Discloses 5.2% Stake in DoubleVerify

Topline Capital Management, Topline Capital Partners, and Collin McBirney have disclosed beneficial ownership of 5.2% of DoubleVerify Holdings, Inc. common stock.

Summary

• Topline Capital Management, LLC, Topline Capital Partners, LP (the "Fund"), and Collin McBirney have reported beneficial ownership of 8,453,543 shares of DoubleVerify Holdings, Inc. common stock.
• This aggregate amount represents 5.2% of the issuer's class of securities.
• Topline Capital Management, LLC and Topline Capital Partners, LP each hold sole voting and dispositive power over 8,453,543 shares.
• Collin McBirney, as the member-manager of Topline Capital Management, LLC, is deemed to have shared voting and dispositive power over the same 8,453,543 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of DoubleVerify Holdings, Inc.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, as a significant institutional investor has taken a substantial passive stake, indicating confidence in the company's value without suggesting an activist intent.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• The securities reported on this Schedule as beneficially owned by TCM (the "Securities") are held by and for the benefit of the Fund.
• Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of TCM or Mr. McBirney is, for any other purpose, the beneficial owner of any of the Securities held by the Fund, and each of TCM and Mr. McBirney expressly disclaims beneficial ownership as to the Securities held by the Fund, except to the extent of its or his pecuniary interests therein.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

StockSavvy.ai notes that the disclosure of a new 5.2% passive stake by an investment firm like Topline Capital Management in DoubleVerify Holdings, a company operating in the digital advertising verification space, signals potential investor confidence in the company's long-term prospects or its valuation. Such disclosures are common for institutional investors accumulating significant positions in publicly traded companies.

Stakeholder Impact

• Shareholders: The disclosure of a new significant institutional holder may be viewed positively, potentially signaling validation of the company's value proposition or future growth prospects by a professional investor.

Key Dates

Keywords

DoubleVerify Holdings, Topline Capital Management, Topline Capital Partners, Collin McBirney, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Passive Investment