SCHEDULE 13G: Greycroft Funds Disclose 9.99% Stake in MNTN, Inc.
Beneficial Ownership Report
Greycroft Partners II, L.P. and Greycroft Growth III, L.P. collectively reported a 9.99% beneficial ownership in MNTN, Inc.'s Class A Common Stock.
Summary
- Greycroft Partners II, L.P. (GCP II) and Greycroft Growth III, L.P. (GCG III), along with their respective general partners, Greycroft Managers II, LLC (GCP II GP) and Greycroft Growth III, LLC (GCG III GP), collectively reported beneficial ownership in MNTN, Inc.
- As of June 30, 2025, the Reporting Persons collectively beneficially owned 4,607,957 shares of Class A common stock, representing 9.99% of the outstanding Class A common stock.
- GCP II directly holds 5,044,866 shares of Class B common stock.
- GCG III directly holds 2,061,643 shares of Class A common stock and 130,631 shares of Class B common stock.
- Each Class B common stock share is convertible into one Class A common stock share, subject to a limitation.
- The Reporting Persons are prohibited from converting Class B shares if their collective ownership would exceed 9.99% of the outstanding Class A common stock.
- Due to this restriction, 2,546,314 shares of Class B common stock were permitted to be converted to Class A common stock as of June 30, 2025.
- The percentage ownership is calculated based on 43,579,379 Class A shares outstanding and 2,546,314 convertible Class B shares.
- The Reporting Persons explicitly disclaim forming a 'group' for Section 13 purposes of the Exchange Act.
Sentiment
Score: 5
Explanation: A Schedule 13G is a factual disclosure of beneficial ownership and is inherently neutral in sentiment regarding the issuer's performance or prospects. It simply reports a significant stake.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional stake provides transparency regarding major investors and potential long-term interest in the company.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event requiring the filing of this statement, reflecting the beneficial ownership stake. |
| 08/11/2025 | Date MNTN, Inc. filed its Quarterly Report on Form 10-Q, disclosing Class A common stock outstanding. |
| 08/14/2025 | Date the Schedule 13G was signed and filed by the Reporting Persons. |
Keywords
MNTN Inc, Greycroft Partners, Greycroft Growth, Beneficial Ownership, Schedule 13G, Class A Common Stock, Class B Common Stock, Institutional Investor, Venture Capital
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