[SCHEDULE 13G] 1-800-FLOWERS.COM Inc SEC Filing
Rhea-AI Filing Summary
1-800-Flowers.com is reported to have 2,000,000 Class A shares beneficially owned by Nantahala Capital Management, LLC and two individuals associated with it. As of June 30, 2025 the stake represents 5.48% of the Class A shares outstanding. The holding is reported as shared voting and shared dispositive power; none of the reporting persons claim sole voting or sole dispositive power. The filing states the shares are held by funds and separately managed accounts under Nantahala's control and that the interests were acquired in the ordinary course of business, not to change or influence control of the issuer.
Positive
- Material minority stake disclosed: 2,000,000 shares representing 5.48% of Class A stock
- Passive classification: Filing states shares were acquired in the ordinary course and not to influence control
- Clear voting/dispositive breakdown: Shared voting and shared dispositive power disclosed, with no sole power claimed
Negative
- No sole voting or dispositive power — reporting persons do not control the position unilaterally
- Potential monitoring required: 5.48% is material and could prompt scrutiny despite passive claim
Insights
TL;DR Nantahala reports a material minority stake (5.48%) in FLWS with shared voting and dispositive power; position appears passive.
The 2,000,000-share holding equals a meaningful minority position that may warrant monitoring given its size relative to the public float. The filing classifies Nantahala as an investment adviser and indicates the shares are held in funds and managed accounts. Importantly, the reporting persons explicitly state the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a Schedule 13G passive disclosure rather than an activist 13D filing.
TL;DR Reported ownership is material but recorded as shared control; no assertion of control or intent to influence governance.
The filing attributes shared voting and dispositive power to Nantahala and its named principals, with 0 sole voting power. That structure implies the reporting persons do not claim unilateral control rights. The certification that the position is not held to influence control reduces the likelihood of imminent governance actions, though the stake size makes future engagement a possibility if circumstances change.