KOPACC and Jamisons Report 5.3% Class A Ownership in CoreWeave
Rhea-AI Filing Summary
CoreWeave, Inc.'s Schedule 13G discloses that KOPACC, LLC and two individuals, Stephen S. Jamison and Wesley J. Jamison, beneficially own 18,422,720 shares of Class A common stock, representing 5.3% of the Class A shares outstanding based on 345,997,406 shares reported in the company prospectus. The filing states the shares are held directly by KOPACC and that the Jamisons may be deemed to share voting and dispositive power through management entities. The statement shows no sole voting or dispositive power for any reporting person and reports shared voting and dispositive power for all 18,422,720 shares.
Positive
- 18,422,720 shares of Class A common stock are clearly disclosed
- 5.3% of Class A is quantified based on the prospectus total of 345,997,406 shares, providing transparent basis for the percentage
Negative
- No sole voting or dispositive power is reported for any reporting person; all authority is reported as shared
Insights
TL;DR: Routine >5% ownership disclosure: 18,422,720 shares (5.3%) held via KOPACC with shared control.
The Schedule 13G reports a material, but non-controlling, beneficial position of 18,422,720 shares in CoreWeave's Class A stock, equal to 5.3% of the class on the prospectus share count of 345,997,406. Ownership is held directly by KOPACC, and the filing clarifies that Stephen S. Jamison and Wesley J. Jamison may be deemed to share voting and dispositive power through their respective management entities. The filing records no sole voting or dispositive power, indicating collective rather than unilateral control.
TL;DR: Ownership is routed through layered management entities, with shared voting and dispositive authority but no sole control.
The filing identifies the governance chain: the shares are held by KOPACC, which is managed by Koppenberg Management LLC, itself managed via Luchetti Street Investment Management LLC, creating a layered control structure. The Jamisons are disclosed as persons who "may be deemed to share voting and dispositive power" over the 18,422,720 shares. The disclosure is clear about the absence of sole voting/dispositive power, which is important for understanding potential influence versus control.