SCHEDULE 13G/A: Dragoneer Investment Group and Marc Stad Disclose 7.2% Stake in Global-E Online Ltd.
Beneficial Ownership Report
Dragoneer Investment Group, LLC and Marc Stad have jointly reported a 7.2% beneficial ownership stake in Global-E Online Ltd., holding 11,993,659 ordinary shares as of December 31, 2024.
Summary
- Marc Stad and Dragoneer Investment Group, LLC have filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in Global-E Online Ltd.
- As of December 31, 2024, the reporting persons collectively beneficially own 11,993,659 Ordinary Shares of Global-E Online Ltd.
- This ownership represents 7.2% of the Issuer's outstanding Ordinary Shares.
- The percentage is calculated based on 166,992,187 Ordinary Shares outstanding as of May 9, 2024, as reported by Global-E Online Ltd. in a Form 6-K.
- Both Marc Stad and Dragoneer Investment Group, LLC share both voting and dispositive power over these 11,993,659 shares.
- Dragoneer Investment Group, LLC is a registered investment adviser, and Marc Stad is the sole member of Cardinal DIG CC, LLC, which is the managing member of Dragoneer Adviser, establishing their shared beneficial ownership.
Sentiment
Score: 5
Explanation: The document is a routine beneficial ownership disclosure (Schedule 13G Amendment No. 3) and does not contain information that would typically influence sentiment positively or negatively. It is a factual report of an existing stake.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- This filing primarily impacts shareholders by providing transparency regarding significant ownership stakes, confirming that Dragoneer Investment Group and Marc Stad maintain a substantial passive investment in Global-E Online Ltd.
Key Dates
| Date | Description |
|---|---|
| 2024-05-09 | Date as of which 166,992,187 Ordinary Shares of Global-E Online Ltd. were reported outstanding in the Issuer's Form 6-K. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-02-14 | Signature date for Marc Stad and Dragoneer Investment Group, LLC on the Schedule 13G Amendment No. 3. |
Keywords
Global-E Online Ltd., Dragoneer Investment Group, Marc Stad, Schedule 13G, Beneficial Ownership, Ordinary Shares, Investment Adviser, SEC Filing
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