$ Value
—
Shares
—
Price
—
Filed
May 28
Insider
Name
Mercato Partners Growth III GP, LLC
Title
—
CIK
0002060676
Roles
Transaction Details
Transaction Date
2025-05-23
Code
C
Table
Derivative
Ownership
Indirect
Equity Swap
No
Shares After
—
Footnotes
Upon the closing of the Issuer's initial public offering, the convertible notes automatically converted into shares of Class A Common Stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471). The shares of Class A Common Stock issued upon conversion of the convertible notes were issued as follows: 158,862 shares to MPG III and 5,945 shares to MPG AI III. | Following the transactions reported in this Form 4, consists of (i) 5,761,058 shares of Class A common stock held by Mercato Partners Growth III, L.P. ("MPG III"); (ii) 170,776 shares of Class A common stock held by Mercato Partners Growth AI III L.P. ("MPG AI III"); (iii) 25,000 shares of Class A common stock held by Mercato Partners Traverse IIIe, L.P. ("MPG IIIe"); and (iv) 211,188 shares of Class A common stock held by Fund 00103, a Series of MERCATO TRAVERSE MNTN SERIES D COINVEST, LLC ("Fund 00103"). | Mercato Partners Growth III GP, LLC ("MPG III GP") is the sole general partner of MPG III, MPG AI III and MPG IIIe, and the sole manager of Fund 01003. Greg Warnock is the manager of MPG III GP and as such, MPG III GP and Mr. Warnock may be deemed to share beneficial ownership of the securities held of record by MPG III, MPG AI III, MPG IIIe and Fund 01003. Each of MPG III GP and Mr. Warnock disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein. | Represents shares sold in the secondary component of the Issuer's initial public offering by MPG III.
Filing Info
Mercato Partners Growth III GP, LLC's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-05-23 | MNTN | C | — |
| 2025-05-23 | MNTN | ▼ | $4.8M |
| 2025-05-23 | MNTN | C | — |
Other Insiders at MNTN (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| Kaiser Joseph John | — | — | 2026-04-05 |