SCHEDULE: Divisadero Street Capital Management Reports 5.4% Stake in Zevia PBC

Divisadero Street Capital Management, along with related entities and William Zolezzi, filed a Schedule 13G indicating beneficial ownership of 5.4% of Zevia PBC's Class A Common Stock as of July 7, 2025.

Summary

• Divisadero Street Capital Management, LP, William Zolezzi, Divisadero Street Partners, L.P., Divisadero Street Partners GP, LLC, and Divisadero Street Capital, LLC jointly filed a Schedule 13G.
• The filing pertains to Class A Common Stock of Zevia PBC.
• As of July 7, 2025, the reporting persons beneficially own 3,557,520 shares, representing 5.4% of the class.
• The shares are indirectly owned through advisory clients of Divisadero Street Capital Management, LP.
• William Zolezzi is the Manager of Divisadero Street Capital, LLC, the general partner of Divisadero Street Capital Management, LP, and also the Manager of Divisadero Street Partners GP, LLC, the general partner of Divisadero Street Partners, L.P.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a regulatory filing indicating ownership.

Positives

• Divisadero Street Capital Management's investment indicates confidence in Zevia PBC.
• The filing confirms significant ownership (5.4%) by a notable investment firm.

Future Outlook

There are no explicit forward-looking statements in this filing.

Industry Context

Schedule 13G filings are standard practice for investors exceeding a 5% ownership stake in a publicly traded company, providing transparency to the market.

Stakeholder Impact

• Shareholders: Increased transparency regarding ownership structure.
• Company: Awareness of significant shareholders.

Key Dates

Recommendation

Keywords

Schedule 13G, Zevia PBC, Divisadero Street Capital Management, William Zolezzi, Beneficial Ownership, Class A Common Stock, Investment