SCHEDULE 13G: Investment Group Discloses Significant 40.43% Stake in Flowco Holdings Inc.

A group of investment entities, including WD Thunder CV Ultimate GP LLC, has disclosed a combined beneficial ownership of 40.43% in Flowco Holdings Inc.'s Class A common stock, as detailed in a recent Schedule 13G filing.

Summary

• WD Thunder CV Ultimate GP LLC and its affiliated entities (WD Thunder CV GP LP, WD Thunder CV IND LP, WD Thunder CV Parallel LP, WD Thunder CV LP, and WDE Flogistix Aggregate LLC) have filed a Schedule 13G, reporting their beneficial ownership in Flowco Holdings Inc.
• The aggregate beneficial ownership for WD Thunder CV Ultimate GP LLC and WD Thunder CV GP LP is 14,483,588 shares, representing 40.43% of the combined Class A and Class B common stock.
• This calculation is based on a total of 35,822,145 shares outstanding, comprising 25,721,620 Class A shares and an assumed exchange of 10,100,525 Class B shares (held by WDE Flogistix Aggregate LLC) into Class A shares on a one-for-one basis.
• WDE Flogistix Aggregate LLC directly holds 10,100,525 shares of Class B Common Stock and an equivalent number of Common Units, which are exchangeable for Class A Common Stock. This represents 28.2% of the combined class.
• Other direct beneficial owners include WD Thunder CV Parallel LP with 3,325,253 Class A shares (12.93%), WD Thunder CV LP with 965,166 Class A shares (3.75%), and WD Thunder CV IND LP with 92,644 Class A shares (0.36%).
• The reporting persons may be considered a "group" under Section 13(d)(3) of the Act, with other "Separately Filing Group Members" also potentially filing.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or outlook.

Stakeholder Impact

• Shareholders: The significant stake held by this group (40.43%) indicates a concentrated ownership, which could influence corporate governance, strategic decisions, and potentially future M&A activities.
• Management: The large ownership stake by this group suggests a powerful voice in company affairs, potentially impacting management's strategic autonomy.

Key Dates

Keywords

Flowco Holdings Inc., SEC filing, Schedule 13G, beneficial ownership, Class A Common Stock, Class B Common Stock, institutional ownership, investment group, equity stake, corporate governance