Schedule 13G/A: D. E. Shaw Reports 1,449,524 IBTA Shares (5.7%)
Rhea-AI Filing Summary
Ibotta, Inc. Schedule 13G/A filed by D. E. Shaw reporting shared beneficial ownership of 1,449,524 Class A shares, representing 5.7% of the outstanding Class A common stock. The ownership is held across related entities: D. E. Shaw Valence Portfolios, L.L.C. holds 1,043,082 shares (4.1%), and additional shares are held in the names of D. E. Shaw Oculus Portfolios, L.L.C. and an executive committee member, producing the aggregate totals. The filing states the position is not held to influence control of the issuer and includes powers of attorney and a joint filing agreement.
Positive
- Transparent disclosure of aggregate ownership: 1,449,524 shares representing 5.7% of Class A stock
- Clear allocation of holdings across affiliated entities, specifying 1,043,082 shares (4.1%) held by D. E. Shaw Valence Portfolios, L.L.C.
- Affirms passive intent (not acquired to change or influence control) consistent with a Schedule 13G filing
Negative
- None.
Insights
TL;DR: D. E. Shaw group discloses a passive 5.7% stake in Ibotta, filed via Schedule 13G/A.
The filing shows an aggregated beneficial ownership of 1,449,524 shares (5.7%) held across affiliated entities, with 1,043,082 shares (4.1%) attributed to D. E. Shaw Valence Portfolios, L.L.C.
This is a routine passive ownership disclosure under Rule 13d-1(b)/(c), asserting the stake is not intended to change control. The form provides transparency about voting and dispositive power allocation among related entities and identifies executed powers of attorney and a joint filing agreement.
TL;DR: The report documents shared voting and dispositive powers but affirms no intent to influence control.
The statement details that the reporting persons have no sole voting or dispositive power and instead report shared voting power of 1,390,682 shares and shared dispositive power of 1,449,524 shares. It includes executed powers of attorney and a joint filing agreement, indicating coordinated disclosure practices among the group.