SCHEDULE 13G/A: Divisar Capital Management Amends Vimeo Stake, Reports Reduced Passive Ownership Below 5%

Divisar Capital Management LLC, along with Divisar Partners QP, L.P. and Steven Baughman, has filed an amended Schedule 13G indicating a passive beneficial ownership of 3.8% in Vimeo, Inc. as of December 31, 2024.

Summary

• Divisar Capital Management LLC, Divisar Partners QP, L.P., and Steven Baughman (collectively 'Reporting Persons') have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Vimeo, Inc. common stock.
• As of December 31, 2024, Divisar Capital Management LLC and Steven Baughman each beneficially own 5,879,791 shares, representing 3.8% of Vimeo's common stock.
• Divisar Partners QP, L.P. beneficially owns 5,494,522 shares, representing 3.5% of Vimeo's common stock.
• Divisar Partners QP, L.P. expressly disclaims beneficial ownership over any of the securities reported in this statement.
• The percentage of class is calculated based on 156,451,664 shares of Vimeo Common Stock outstanding as of October 31, 2024, as reported in Vimeo's Form 10-Q filed on November 5, 2024.
• The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Vimeo.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Risks

• Divisar Partners QP, L.P. expressly disclaims beneficial ownership over the 5,494,522 shares reported, which could introduce complexity in interpreting the full scope of beneficial ownership within the group.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Vimeo, SEC filing, Schedule 13G, beneficial ownership, Divisar Capital Management, Divisar Partners QP, Steven Baughman, common stock, passive investment, investment management