SCHEDULE 13G/A: Divisadero Street Entities Disclose 2.6% Passive Stake in Groupon, Inc.

Divisadero Street Capital Management, LP and affiliated entities have filed an Amendment No. 4 to Schedule 13G, reporting a 2.6% beneficial ownership stake in Groupon, Inc. as of December 31, 2024.

Summary

• Divisadero Street Capital Management, LP, William Zolezzi, Divisadero Street Partners, L.P., Divisadero Street Partners GP, LLC, and Divisadero Street Capital, LLC collectively reported beneficial ownership of 1,045,472 shares of Groupon, Inc. Common Stock.
• This aggregate amount represents 2.6% of Groupon, Inc.'s outstanding common stock.
• The reporting persons share both voting and dispositive power over all 1,045,472 shares.
• The filing is an Amendment No. 4 to a previously filed Schedule 13G, indicating an update to their ownership position.
• The beneficial ownership is reported as of December 31, 2024, with the filing submitted on February 13, 2025.
• The reporting entities are based in Delaware, with William Zolezzi being a U.S. citizen.
• The securities were not acquired or held for the purpose of changing or influencing the control of Groupon, Inc., consistent with a passive investment filing.

Sentiment

Score: 5

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

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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."
• "Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose."

Industry Context

This filing is a standard disclosure of beneficial ownership by an investment entity, common in the financial industry for transparency regarding significant holdings in publicly traded companies. It does not provide specific insights into Groupon's operational industry trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant, albeit passive, ownership stake by Divisadero Street Capital Management, LP and its affiliates, informing them about the composition of the company's investor base.

Key Dates

Keywords

Groupon, Divisadero Street Capital Management, Beneficial Ownership, Schedule 13G, Common Stock, Passive Investment, SEC Filing, Investment Management, Shareholding