Dave Inc. ownership disclosure: Divisadero Street Capital Management, LP and related entities report beneficial ownership positions in Class A common stock. Divisadero Street Capital Management, LP and William Zolezzi each report 1,125,840 shares (9.2%); Divisadero Street Partners, L.P. and its GP/manager report 974,033 shares (8.0%). The filing states these securities are held for advisory clients and includes a joint filing and control-person exhibit.
Positive
None.
Negative
None.
Insights
Large passive holdings disclosed for advisory clients; position sizes are material for shareholder registry.
Divisadero entities report 1,125,840 shares (9.2%) and 974,033 shares (8.0%) respectively, as beneficial holdings. The filing attributes shared voting and dispositive power to the reporting entities rather than sole power, consistent with pooled advisory client holdings.
Implications depend on whether these stakes are aggregated in proxy counts or treated as separate holders; subsequent filings may clarify voting coordination or potential Schedule 13D triggers.
Joint filing and disclaimers signal advisory-client ownership, not direct individual control.
The report includes a joint filing agreement and a disclaimer that each reporting person disclaims beneficial ownership except for pecuniary interest. Signatures by William Zolezzi appear for multiple entities, showing control/management roles across the reporting group.
Watch for future amendments or Schedule 13D activity if any reporting person seeks to change voting arrangements or coordinate actions; timing is not provided in the excerpt.
Key Figures
Divisadero Street Capital shares:1,125,840 sharesPercent of class (Divisadero Street Capital):9.2%Divisadero Street Partners shares:974,033 shares+2 more
5 metrics
Divisadero Street Capital shares1,125,840 sharesBeneficially owned by Divisadero Street Capital Management, LP
Percent of class (Divisadero Street Capital)9.2%Percent of Class A common stock reported
Divisadero Street Partners shares974,033 sharesBeneficially owned by Divisadero Street Partners, L.P.
Percent of class (Divisadero Street Partners)8.0%Percent of Class A common stock reported
Signature date05/15/2026Date signatures were provided on amendment
"Amendment No. 2 and form type listed as SCHEDULE 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
shared voting powerfinancial
"lines showing Shared Voting Power 1,125,840.00 for reporting entities"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
beneficially ownedregulatory
"Item 4(a) Amount beneficially owned: Divisadero Street Capital Management, LP - 1,125,840"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
joint filing agreementlegal
"Exhibit A - Joint Filing Agreement referenced in exhibit information"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Dave Inc.
(Name of Issuer)
Class A common stock, par value $0.0001
(Title of Class of Securities)
23834J201
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
23834J201
1
Names of Reporting Persons
Divisadero Street Capital Management, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,125,840.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,125,840.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,125,840.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
23834J201
1
Names of Reporting Persons
William Zolezzi
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,125,840.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,125,840.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,125,840.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
23834J201
1
Names of Reporting Persons
Divisadero Street Partners, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
974,033.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
974,033.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
974,033.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
23834J201
1
Names of Reporting Persons
Divisadero Street Partners GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
974,033.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
974,033.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
974,033.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.0 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
23834J201
1
Names of Reporting Persons
Divisadero Street Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,125,840.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,125,840.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,125,840.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Dave Inc.
(b)
Address of issuer's principal executive offices:
1265 South Cochran Ave, Los Angeles, California 90019
Item 2.
(a)
Name of person filing:
Divisadero Street Capital Management, LP
William Zolezzi
Divisadero Street Partners, L.P.
Divisadero Street Partners GP, LLC
Divisadero Street Capital, LLC
(b)
Address or principal business office or, if none, residence:
Divisadero Street Capital Management, LP
3480 Main Highway, Suite 204
Miami, FL 33133
William Zolezzi
c/o Divisadero Street Capital Management, LP
3480 Main Highway, Suite 204
Miami, FL 33133
Divisadero Street Partners, L.P.
3480 Main Highway, Suite 204
Miami, FL 33133
Divisadero Street Partners GP, LLC
3480 Main Highway, Suite 204
Miami, FL 33133
Divisadero Street Capital, LLC
3480 Main Highway, Suite 204
Miami, FL 33133
(c)
Citizenship:
Divisadero Street Capital Management, LP - Delaware
William Zolezzi - United States
Divisadero Street Partners, L.P. - Delaware
Divisadero Street Partners GP, LLC - Delaware
Divisadero Street Capital, LLC - Delaware
(d)
Title of class of securities:
Class A common stock, par value $0.0001
(e)
CUSIP No.:
23834J201
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Divisadero Street Capital Management, LP - 1,125,840
William Zolezzi - 1,125,840
Divisadero Street Partners, L.P. - 974,033
Divisadero Street Partners GP, LLC - 974,033
Divisadero Street Capital, LLC - 1,125,840
(b)
Percent of class:
Divisadero Street Capital Management, LP - 9.2%
William Zolezzi - 9.2%
Divisadero Street Partners, L.P. - 8.0%
Divisadero Street Partners GP, LLC - 8.0%
Divisadero Street Capital, LLC - 9.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Divisadero Street Capital Management, LP - 0
William Zolezzi - 0
Divisadero Street Partners, L.P. - 0
Divisadero Street Partners GP, LLC - 0
Divisadero Street Capital, LLC - 0
(ii) Shared power to vote or to direct the vote:
Divisadero Street Capital Management, LP - 1,125,840
William Zolezzi - 1,125,840
Divisadero Street Partners, L.P. - 974,033
Divisadero Street Partners GP, LLC - 974,033
Divisadero Street Capital, LLC - 1,125,840
(iii) Sole power to dispose or to direct the disposition of:
Divisadero Street Capital Management, LP - 0
William Zolezzi - 0
Divisadero Street Partners, L.P. - 0
Divisadero Street Partners GP, LLC - 0
Divisadero Street Capital, LLC - 0
(iv) Shared power to dispose or to direct the disposition of:
Divisadero Street Capital Management, LP - 1,125,840
William Zolezzi - 1,125,840
Divisadero Street Partners, L.P. - 974,033
Divisadero Street Partners GP, LLC - 974,033
Divisadero Street Capital, LLC - 1,125,840
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G are directly owned by advisory clients of Divisadero Street Capital Management, LP. None of those advisory clients, other than Divisadero Street Partners, L.P., may be deemed to beneficially own more than 5% of the Class A Common Stock, $0.0001 par value.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Divisadero Street Capital Management, LP
Signature:
Divisadero Street Capital LLC, its general partner, /s/ William Zolezzi
Name/Title:
William Zolezzi, Manager
Date:
05/15/2026
William Zolezzi
Signature:
/s/ William Zolezzi
Name/Title:
William Zolezzi
Date:
05/15/2026
Divisadero Street Partners, L.P.
Signature:
Divisadero Street Partners GP, LLC, its general partner, /s/ William Zolezzi
Name/Title:
William Zolezzi, Manager
Date:
05/15/2026
Divisadero Street Partners GP, LLC
Signature:
/s/ William Zolezzi
Name/Title:
William Zolezzi, Manager
Date:
05/15/2026
Divisadero Street Capital, LLC
Signature:
/s/ William Zolezzi
Name/Title:
William Zolezzi, Manager
Date:
05/15/2026
Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification
What stake does Divisadero Street Capital report in DAVE?
Divisadero Street Capital Management, LP reports 1,125,840 shares (9.2%) of Class A common stock, per the filing signed on 05/15/2026. The shares are reported as held for advisory clients.
How many shares does Divisadero Street Partners, L.P. report owning in DAVE?
Divisadero Street Partners, L.P. reports 974,033 shares (8.0%) of Class A common stock, as stated in Item 4(a) and Item 4(b) of the filing dated 05/15/2026.
Do the reporting persons claim sole voting or dispositive power?
No; the filing shows 0 shares with sole voting or dispositive power and lists shared voting and shared dispositive power for the reported share totals, consistent with advisory client ownership.
Are these holdings reported on behalf of clients or held directly?
The filing states that all reported securities are directly owned by advisory clients of Divisadero Street Capital Management, LP, and that, except for Divisadero Street Partners, L.P., no single client exceeds 5% individually.
Who signed the Schedule 13G/A for these holdings?
The filing is signed by William Zolezzi in capacities including Manager of Divisadero Street Capital LLC and Divisadero Street Partners GP, LLC, with signatures dated 05/15/2026.
