SCHEDULE: Knox Lane Affiliates Disclose 18.2% Stake in Pattern Group

Knox Lane LP affiliates, including John P. Bailey, have reported a combined beneficial ownership of 18.2% of Pattern Group Inc.'s Series A Common Stock.

Summary

• KL Pattern Holdings LP, KLC Fund I GP LP, KLC Fund I UGP LLC, and John P. Bailey, all affiliated with Knox Lane LP, are the reporting persons.
• The group beneficially owns 28,176,542 shares of Pattern Group Inc.'s Series A Common Stock.
• This ownership represents 18.2% of the total outstanding Series A Common Stock.
• The percentage is calculated based on 154,522,413 Series A Shares outstanding as of November 3, 2025, as reported by Pattern Group Inc. in its Form 10-Q.
• The filing was made under Rule 13d-1(c), indicating a passive investment intent, meaning the investors do not seek to control or influence management.
• John P. Bailey, as the managing member of KLC Fund I UGP LLC, is deemed to have shared voting and dispositive power over the entire 28,176,542 shares.

Sentiment

Score: 5

Explanation: A Schedule 13G is a neutral, factual disclosure of beneficial ownership. It does not inherently convey positive or negative sentiment about the company's performance, but a significant institutional stake can be seen as a vote of confidence.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

This filing indicates a significant passive investment by a private equity firm (Knox Lane LP affiliates) in Pattern Group Inc. Such large stakes by institutional investors can signal confidence in the company's long-term prospects, though the 'passive' nature means they are not currently seeking to influence management or control the company.

Related Party Transactions

• The filing details a group of related entities (KL Pattern Holdings LP, KLC Fund I GP LP, KLC Fund I UGP LLC) and an individual (John P. Bailey) acting in concert to hold a significant stake. This structure itself represents a related party ownership arrangement.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake (18.2%) by Knox Lane affiliates could be viewed positively, signaling institutional confidence and potentially providing a floor for the stock price. It also clarifies who holds a substantial portion of the voting power.
• Management: The 'passive' nature of the investment (Rule 13d-1(c)) suggests that the reporting persons are not currently seeking to influence or control management, which might reduce immediate pressure on the existing leadership.

Key Dates

Recommendation

This filing is a disclosure of a significant passive ownership stake by institutional investors. It does not provide new operational or financial performance data to warrant a 'buy' or 'sell' recommendation based solely on this document. The large stake by Knox Lane affiliates could be seen as a positive signal, but without further context on Pattern Group Inc.'s fundamentals or the investors' long-term strategy, a 'hold' is a prudent recommendation for existing investors. New investors would need to conduct further due diligence.

Keywords

Pattern Group Inc., Series A Common Stock, Beneficial Ownership, Schedule 13G, Knox Lane LP, Institutional Investor, Equity Stake, John P. Bailey, Passive Investment