SCHEDULE: Ararat Capital Discloses 5.7% Stake in European Wax
Beneficial Ownership Disclosure
Ararat Capital Management and affiliates have disclosed a 5.7% beneficial ownership stake in European Wax Center, Inc.'s Class A Common Stock.
Summary
- Ararat Capital Management, LP, Narrow River Capital Partners Master Fund, L.P., and Raffi Tokatlian (collectively, the "Reporting Persons") have jointly filed an Amendment No. 2 to Schedule 13G.
- The Reporting Persons collectively beneficially own 2,466,997 shares of European Wax Center, Inc.'s Class A Common Stock.
- This ownership represents 5.7% of the Class A Common Stock outstanding.
- The percentage is calculated based on 43,339,566 shares of Class A Common Stock reported outstanding as of May 9, 2025, per the Company's Quarterly Report on Form 10-Q filed on May 14, 2025.
- The shares are held for investment purposes and were not acquired with the purpose or effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or prospects.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic outlook.
Industry Context
This filing is a standard disclosure of a significant passive ownership stake by an investment group. It does not provide information related to broader industry trends, competitive landscape, or the operational performance of European Wax Center, Inc. within its industry.
Stakeholder Impact
- Shareholders: Informs existing shareholders of a new significant passive investor holding 5.7% of the Class A Common Stock, potentially signaling institutional interest in the company.
Key Dates
| Date | Description |
|---|---|
| 2025-05-09 | Date as of which 43,339,566 shares of Class A Common Stock were reported outstanding in the Company's 10-Q. |
| 2025-05-14 | Date the Company's Quarterly Report on Form 10-Q for the period ended April 5, 2025, was filed with the SEC. |
| 2025-06-30 | Date of event which requires the filing of this statement. |
| 2025-08-14 | Date of filing of this Schedule 13G Amendment No. 2. |
Keywords
European Wax Center, EWC, Class A Common Stock, SEC filing, Schedule 13G, beneficial ownership, investment, Ararat Capital Management, Narrow River Capital, Raffi Tokatlian
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