Sofina exits 1stdibs.com (NASDAQ: DIBS) with late Schedule 13G filing
Rhea-AI Filing Summary
1stdibs.com, Inc. (DIBS) received a Schedule 13G showing that Sofina Capital S.A. and Sofina SA now report beneficial ownership of 0 shares, or 0.0% of the company’s common stock. This late, corrective filing reports historical ownership that first became reportable at the time of 1stdibs.com’s initial public offering and confirms that the reporting persons no longer hold any shares. Before the IPO, Sofina Partners S.A. beneficially owned 7,840,708 shares, representing approximately 8.6% of the outstanding common stock immediately prior to the IPO, and those interests were later succeeded by Sofina Capital S.A. after an internal reorganization. As of
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Insights
Former large pre-IPO holder discloses complete exit from 1stdibs.com.
The filing shows that Sofina Capital S.A. and its parent Sofina SA now beneficially own 0 shares, or 0.0% of 1stdibs.com’s common stock as of
Historically, Sofina Partners S.A. beneficially owned 7,840,708 shares, about
For investors, this mainly updates the picture of the shareholder base, indicating that a former significant pre-IPO investor is no longer a beneficial owner. Any market impact from their sales would have taken place at the time of those October and November transactions rather than at the date of this disclosure.