SCHEDULE 13G: Jalak Investments B.V. and Petrus van Schaick Disclose 5.1% Passive Stake in Upland Software, Inc.
Beneficial Ownership Report
Jalak Investments B.V. and its sole shareholder, Petrus van Schaick, have disclosed a passive beneficial ownership of 5.1% in Upland Software, Inc., totaling 1,442,204 shares.
Summary
- Jalak Investments B.V., a Netherlands-based private limited company, and Petrus van Schaick, a Dutch citizen and sole shareholder of Jalak Investments B.V., have jointly filed a Schedule 13G.
- The filing reports beneficial ownership of 1,442,204 shares of Upland Software, Inc. common stock.
- This stake represents 5.1% of Upland Software, Inc.'s outstanding common stock.
- The percentage is calculated based on 28,168,127 shares of common stock outstanding as of January 22, 2025.
- Jalak Investments B.V. is the direct record and beneficial owner of the shares.
- Petrus van Schaick is deemed to have shared voting and investment power over these shares due to his position as sole shareholder of Jalak Investments B.V.
- The Reporting Persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Upland Software, Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate a positive or negative sentiment towards the company's performance or outlook.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding Upland Software, Inc.'s future performance or strategic direction.
Industry Context
This filing is a standard disclosure of a significant passive ownership stake and does not provide broader industry trends or competitive analysis.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Joint Filing Agreement | Jalak Investments B.V. and Petrus van Schaick entered into a Joint Filing Agreement to file this Schedule 13G and all subsequent amendments jointly, in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934. | January 29, 2025 | Streamlines future reporting requirements for the jointly held beneficial ownership. |
Stakeholder Impact
- Shareholders: Disclosure of a new significant passive investor (5.1% stake) in Upland Software, Inc.
Next Steps
- Subsequent amendments to this Schedule 13G shall be filed on behalf of each undersigned without the necessity of filing additional joint filing agreements.
Key Dates
| Date | Description |
|---|---|
| January 22, 2025 | Date as of which 28,168,127 shares of common stock were outstanding, used for percentage calculation. |
| 01/27/2025 | Date of event which requires the filing of this statement. |
| January 29, 2025 | Date of the Joint Filing Agreement between Jalak Investments B.V. and Petrus van Schaick. |
| 01/30/2025 | Date of signature for the Schedule 13G filing. |
Keywords
Upland Software Inc., Jalak Investments B.V., Petrus van Schaick, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Passive Investment
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