Investment Firm Builds Major Position in Solo Brands as Outdoor Retailer Draws Interest

Rhea-AI Filing Summary

Arbour Lane Capital Management and related entities have reported a significant stake in Solo Brands through a Schedule 13G filing. The investment group collectively owns 4,879,939 shares, representing 7.6% of Solo Brands' Class A Common Stock.

Key ownership details:

• ALCOF III NUBT holds 4,206,507 shares (6.5%)
• Arbour Lane-TX and Arbour Lane-Hiwassee each hold 336,716 shares (0.5%)
• Three key individuals share voting and dispositive power: Robert Franz, Kenneth Hoffman, and Dan Galanter

The filing indicates this is a passive investment, as the shares were not acquired to influence or change control of Solo Brands. All reporting persons are Delaware-based entities or US citizens, with principal offices in Stamford, Connecticut. The ownership calculation is based on 92,718,843 outstanding shares as of June 13, 2025.

Positive

• Arbour Lane Capital Management and affiliates have acquired a significant 7.6% ownership stake in Solo Brands, representing approximately 4.9 million shares

Negative

• None.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Solo Brands, Inc.

(Name of Issuer)

Class A Common Stock, $0.001 par value per share

(Title of Class of Securities)

83425V104

(CUSIP Number)

06/13/2025

(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)

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

Arbour Lane 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 4,879,939.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,879,939.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,879,939.00

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)

7.6 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

Arbour Lane - TX, 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 336,716.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 336,716.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

336,716.00

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)

0.5 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

Arbour Lane - Hiwassee, 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 336,716.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 336,716.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

336,716.00

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)

0.5 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

ALCOF III NUBT, 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 4,206,507.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,206,507.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,206,507.00

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)

6.5 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

Robert Franz

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 4,879,939.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,879,939.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,879,939.00

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)

7.6 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

Kenneth Hoffman

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 4,879,939.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,879,939.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,879,939.00

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)

7.6 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP No. 83425V104

1

Names of Reporting Persons

Dan Galanter

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 4,879,939.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,879,939.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,879,939.00

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)

7.6 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Solo Brands, Inc.
(b)	Address of issuer's principal executive offices: 1001 Mustang Dr., Grapevine, TX 76051
Item 2.
(a)	Name of person filing: The names of the persons filing this report (collectively, the "Reporting Persons") with respect to shares of Class A Common Stock, par value $0.001 per share (the "Shares") of Solo Brands, Inc. (the "Issuer") are: (i) Arbour Lane Capital Management, LP ("Arbour Lane") (ii) Arbour Lane - TX, L.P. ("Arbour Lane TX") (iii) Arbour Lane - Hiwassee, L.P. ("Arbour Lane Hiwassee") (iv) ALCOF III NUBT, L.P. ("ALCOF III") (v) Robert Franz (vi) Kenneth Hoffman (vii) Dan Galanter
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of the Reporting Persons is 700 Canal Street, 4th Floor, Stamford, Connecticut 06902
(c)	Citizenship: Each of Arbour Lane, Arbour Lane TX, Arbour Lane Hiwassee, and ALCOF III is a Delaware limited partnership. Messrs. Franz, Hoffman and Galanter are United States citizens.
(d)	Title of class of securities: Class A Common Stock, $0.001 par value per share
(e)	CUSIP No.: 83425V104
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: The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 of the cover pages to this Schedule 13G. The ownership percentages reported are based on 92,718,843 Shares outstanding as of June 13, 2025, as reported by the Issuer to the Reporting Persons, and give effect to the issuance of 4,879,939 Shares to the Reporting Persons. Arbour Lane TX directly holds 336,716 Shares. Arbour Lane Hiwassee directly holds 336,716 Shares. ALCOF III directly holds 4,206,507 Shares. Arbour Lane serves as the investment manager of each of Arbour Lane TX, Arbour Lane Hiwassee, and ALCOF III. Arbour Lane - TX GP LLC ("TX GP") is the general partner of Arbour Lane TX. Arbour Lane - Hiwassee GP, LLC ("Hiwassee GP") is the general partner of Arbour Lane Hiwassee. Arbour Lane Fund III GP LLC ("Fund III GP") is the general partner of ALCOF III. Each of Robert Franz, Kenneth Hoffman and Dan Galanter is a managing member of Arbour Lane, TX GP, Hiwassee GP, and Fund III GP.
(b)	Percent of class: The information required by this item with respect to each Reporting Person is set forth in Row 11 of the cover pages to this Schedule 13G.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by this item with respect to each Reporting Person is set forth in Row 5 of the cover pages to this Schedule 13G.
	(ii) Shared power to vote or to direct the vote: The information required by this item with respect to each Reporting Person is set forth in Row 6 of the cover pages to this Schedule 13G.
	(iii) Sole power to dispose or to direct the disposition of: The information required by this item with respect to each Reporting Person is set forth in Row 7 of the cover pages to this Schedule 13G.
	(iv) Shared power to dispose or to direct the disposition of: The information required by this item with respect to each Reporting Person is set forth in Row 8 of the cover pages to this Schedule 13G.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
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.

Arbour Lane Capital Management, LP

Signature:	/s/ Robert Franz
Name/Title:	Robert Franz, Member and Director of ALCM GP LLC, its general partner
Date:	06/23/2025

Arbour Lane - TX, L.P.

Signature:	/s/ Robert Franz
Name/Title:	Robert Franz, Manager of Arbour Lane - TX GP LLC, its general partner
Date:	06/23/2025

Arbour Lane - Hiwassee, L.P.

Signature:	/s/ Robert Franz
Name/Title:	Robert Franz, Manager of Arbour Lane - Hiwassee GP LLC, its general partner
Date:	06/23/2025

ALCOF III NUBT, L.P.

Signature:	/s/ Robert Franz
Name/Title:	Robert Franz, Manager of Arbour Lane Fund III GP LLC, its general partner
Date:	06/23/2025

Robert Franz

Signature:	/s/ Robert Franz
Name/Title:	Robert Franz
Date:	06/23/2025

Kenneth Hoffman

Signature:	/s/ Kenneth Hoffman
Name/Title:	Kenneth Hoffman
Date:	06/23/2025

Dan Galanter

Signature:	/s/ Dan Galanter
Name/Title:	Dan Galanter
Date:	06/23/2025

FAQ

How many shares of DTC stock does Arbour Lane Capital Management own as of June 2025?

Arbour Lane Capital Management beneficially owns 4,879,939 shares of Solo Brands (DTC) Class A Common Stock, representing 7.6% of the total shares outstanding as of June 13, 2025.

Who are the major reporting persons in this DTC Schedule 13G filing?

The major reporting persons are: Arbour Lane Capital Management LP, Arbour Lane - TX L.P., Arbour Lane - Hiwassee L.P., ALCOF III NUBT L.P., and three individual managers - Robert Franz, Kenneth Hoffman, and Dan Galanter.

What is the largest individual fund's ownership stake in DTC?

ALCOF III NUBT, L.P. holds the largest individual stake with 4,206,507 shares, representing 6.5% of DTC's outstanding shares.

How is voting power distributed among DTC shareholders according to this 13G?

None of the reporting persons have sole voting power. However, they share voting power over 4,879,939 shares (7.6% of total shares), with ALCOF III NUBT controlling 4,206,507 shares and both Arbour Lane-TX and Arbour Lane-Hiwassee each controlling 336,716 shares.

When did this significant ownership position in DTC occur?

The event that triggered this Schedule 13G filing occurred on June 13, 2025, when the reporting persons acquired their positions, based on the date of event specified in the filing.