SCHEDULE: Glazer Capital Boosts Olo Stake to 6.38%

Glazer Capital and Paul J. Glazer have reported a beneficial ownership of 6.38% in Olo Inc.'s Class A Common Stock.

Summary

• Glazer Capital, LLC and Paul J. Glazer have filed a Schedule 13G, disclosing their beneficial ownership in Olo Inc.'s Class A Common Stock.
• The reporting persons collectively beneficially own 7,709,679 shares of Olo Inc. Class A Common Stock.
• This ownership represents 6.38% of the Class A Common Stock outstanding.
• Both Glazer Capital, LLC and Paul J. Glazer hold shared voting and shared dispositive power over all 7,709,679 shares.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of Olo Inc., other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

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

Future Outlook

NA

Industry Context

This filing indicates a significant passive investment by Glazer Capital and Paul J. Glazer in Olo Inc., a company operating in the restaurant technology and online ordering sector. Such disclosures are common as investment firms adjust their portfolios and cross beneficial ownership thresholds.

Stakeholder Impact

• Shareholders: The disclosure of a significant ownership stake by an investment firm may influence investor perception and potentially the stock price.

Key Dates

Keywords

Olo Inc., Glazer Capital, Paul J. Glazer, Beneficial Ownership, SEC Filing, Schedule 13G, Class A Common Stock, Investment Management, Shareholder Stake