SCHEDULE: Millennium Entities Adjust Once Upon a Farm Stake

Millennium Management LLC and affiliated entities have reported a change in their beneficial ownership of Once Upon a Farm, PBC, with combined holdings now representing 5.1% of the company's common stock.

Summary

• Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have jointly filed a Schedule 13G.
• This filing indicates a change in beneficial ownership of Once Upon a Farm, PBC's common stock.
• The reporting persons collectively beneficially own 2,158,713 shares of common stock, representing 5.1% of the class.
• Integrated Core Strategies (US) LLC holds 2,054,785 shares (4.9%).
• Millennium Management LLC and Millennium Group Management LLC also report beneficial ownership of 2,158,713 shares (5.1%).
• Israel A. Englander reports beneficial ownership of 2,158,713 shares (5.1%).
• The shares are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers controlled by Millennium Group Management LLC and Mr. Englander.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily reports a change in beneficial ownership without providing operational or financial updates. The increase in holdings by Millennium entities suggests confidence, but the lack of new information limits positive sentiment.

Positives

• The filing indicates increased investment or continued interest from significant institutional investors (Millennium entities).
• The collective stake of 5.1% suggests a notable position in the company.

Negatives

• The filing is a Schedule 13G, which is an informational filing and does not provide operational or financial performance details.
• The specific reasons for the change in beneficial ownership are not disclosed.

Risks

• The filing does not contain forward-looking statements or explicit risk factors beyond the general nature of stock ownership.
• Potential for future changes in beneficial ownership by these entities could impact stock price.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Management Comments

• The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC).
• The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes. The involvement of Millennium entities, a prominent hedge fund manager, suggests a strategic investment, though the specific intent (passive or active) is not detailed in this filing.

Stakeholder Impact

• Shareholders may view the increased stake by Millennium entities as a positive signal of institutional confidence, potentially influencing share price.
• Other stakeholders may be indirectly affected by potential shifts in company control or strategic direction if the investors become more active.

Next Steps

• The reporting persons will continue to file amendments to this Schedule 13G as required by SEC regulations.
• Further actions by these entities regarding their stake in Once Upon a Farm, PBC are not specified in this filing.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Millennium Management, Integrated Core Strategies, Once Upon a Farm, Common Stock, Investment Management