SCHEDULE: Lynrock Lake LP Discloses Yext Stake
Schedule 13G Filing
Lynrock Lake LP, along with affiliated entities and Cynthia Paul, has reported beneficial ownership of 18,188,607 shares of Yext, Inc. common stock, representing 18.4% of the outstanding shares as of March 31, 2026.
Summary
- Lynrock Lake LP, Lynrock Lake Partners LLC, and Cynthia Paul collectively hold 18,188,607 shares of Yext, Inc. common stock.
- This holding represents 18.4% of Yext's outstanding common stock as of March 31, 2026.
- The shares are directly held by Lynrock Lake Master Fund LP.
- Lynrock Lake LP acts as the investment manager for Lynrock Lake Master Fund LP, holding delegated voting and investment power.
- Cynthia Paul, as Chief Investment Officer of the Investment Manager and Sole Member of the general partner, may be deemed to exercise voting and investment power.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not contain operational or financial performance information.
Positives
- Significant ownership stake of 18.4% in Yext, Inc. common stock.
- Clear reporting of beneficial ownership and control over the shares.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it is a disclosure of beneficial ownership.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing indicates a significant institutional holding in Yext, Inc., a company operating in the digital presence management and location data space. Such filings are crucial for understanding the major stakeholders and potential influence on corporate strategy.
Stakeholder Impact
- Shareholders: The disclosure provides transparency on a significant ownership block, which can influence market perception and potential future corporate actions.
- Management: The reporting persons' significant stake may imply a level of influence or interest in the company's strategic direction.
Key Dates
| Date | Description |
|---|---|
| 03/10/2026 | Date Yext, Inc. filed its Form 10-K. |
| 03/20/2026 | Date Yext, Inc. filed its Schedule TO-I/A reporting share repurchases. |
| 03/31/2026 | Event date requiring filing of this Schedule 13G; date as of which beneficial ownership is reported. |
| 04/07/2026 | Date of signatures for the Schedule 13G filing. |
Keywords
Yext, Inc., Schedule 13G, Beneficial Ownership, Lynrock Lake LP, Cynthia Paul, Investment Management, Common Stock, SEC Filing
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