SCHEDULE 13G/A: Jalak Investments B.V. and Petrus van Schaick Disclose 7.0% Stake in Upland Software, Inc.
Beneficial Ownership Disclosure
Jalak Investments B.V. and Petrus van Schaick have jointly disclosed a 7.0% beneficial ownership stake in Upland Software, Inc., holding 2,000,000 shares of common stock.
Summary
- Jalak Investments B.V. and Petrus van Schaick (the "Reporting Persons") have filed an amended Schedule 13G (Amendment No. 1) with the SEC regarding their beneficial ownership in Upland Software, Inc.
- The Reporting Persons collectively beneficially own 2,000,000 shares of Upland Software, Inc. common stock.
- This ownership represents 7.0% of the company's outstanding common stock.
- The percentage is calculated based on 28,484,279 shares of common stock outstanding as of March 26, 2025, as confirmed by the issuer on March 27, 2025.
- Jalak Investments B.V. is the direct record and beneficial owner of the 2,000,000 shares.
- Petrus van Schaick, as the sole shareholder of Jalak Investments B.V., is deemed to hold voting and investment power over these shares.
- The filing certifies 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 the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly sway sentiment positively or negatively regarding the issuer's operational performance or financial health. The certification indicates a passive investment intent.
Positives
- A significant beneficial ownership stake of 7.0% by Jalak Investments B.V. and Petrus van Schaick indicates a notable investment in Upland Software, Inc., which could be perceived as a vote of confidence.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by a Dutch investment entity and individual in a U.S. software company. Such disclosures are routine for investors crossing the 5% ownership threshold and do not inherently suggest broader industry trends, though they can reflect investor confidence in specific sectors or companies.
Related Party Transactions
- Jalak Investments B.V. and Petrus van Schaick are parties to a Joint Filing Agreement, allowing them to file the Schedule 13G and amendments jointly.
Stakeholder Impact
- Shareholders: The disclosure of a significant 7.0% stake by an external investor group could be perceived as a vote of confidence in Upland Software, Inc., potentially influencing investor sentiment positively.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Original Schedule 13G filed by the Reporting Persons. |
| 03/26/2025 | Date as of which 28,484,279 shares of common stock outstanding were confirmed by the issuer. |
| 03/27/2025 | Date the issuer confirmed the number of outstanding shares. |
| 03/31/2025 | Date of event which requires filing of this statement. |
| 04/03/2025 | Date of signing and filing of this amended Schedule 13G. |
Keywords
Upland Software, Jalak Investments B.V., Petrus van Schaick, Beneficial Ownership, Schedule 13G, Common Stock, Equity Stake, SEC Filing
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