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Liftoff Mobile (LFTO) Ellis Trust discloses 5.9% ownership stake post-IPO

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Liftoff Mobile, Inc. received a beneficial ownership report from Mark E. Ellis, Sydney L. Ellis and the Ellis Trust dated September 11, 2015. The Ellis Trust directly holds 9,939,671 shares of common stock, par value $0.0001 per share, representing 5.9% of Liftoff Mobile’s outstanding common stock.

Mark E. Ellis and Sydney L. Ellis, as co-trustees of the Ellis Trust, have shared voting and dispositive power over these shares and no sole voting or dispositive power. The 5.9% figure is based on 169,330,527 shares of common stock outstanding after Liftoff Mobile’s initial public offering, including the full exercise of the underwriters’ over-allotment option, as reported in the company’s June 4, 2026 prospectus.

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Shares beneficially owned 9,939,671 shares Common stock held of record by the Ellis Trust dated September 11, 2015
Percent of class 5.9% Beneficial ownership percentage for each reporting person
Shares outstanding 169,330,527 shares Aggregate common stock outstanding after IPO and full over-allotment exercise
Par value $0.0001 per share Par value of Liftoff Mobile, Inc. common stock
Sole voting power 0 shares Sole voting power reported for each Ellis reporting person
Shared voting power 9,939,671 shares Shared voting power held through the Ellis Trust by co-trustees
beneficial owner regulatory
"the beneficial owner of any securities reported herein as beneficially owned"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared dispositive power regulatory
"who hold shared voting and dispositive power with respect to the shares"
over-allotment option financial
"including the exercise in full of the underwriters' over-allotment option"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
initial public offering financial
"after giving effect to the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
CUSIP Number financial
"CUSIP Number(s): 53229X101"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How much of Liftoff Mobile, Inc. (LFTO) do the Ellis Trust and co-trustees own?

The Ellis Trust, with co-trustees Mark E. and Sydney L. Ellis, beneficially owns 9,939,671 shares of Liftoff Mobile common stock, representing 5.9% of the company’s outstanding common stock based on 169,330,527 shares outstanding.

Who are the reporting persons in this Schedule 13G for Liftoff Mobile, Inc. (LFTO)?

The reporting persons are Mark E. Ellis, Sydney L. Ellis, and the Ellis Trust dated September 11, 2015. The Ellis Trust directly holds the 9,939,671 shares reported, with Mark and Sydney Ellis serving as co-trustees.

What voting power do the Ellis reporting persons have over LFTO shares?

Each reporting person reports 0 shares of sole voting power and 9,939,671 shares of shared voting power. Mark E. and Sydney L. Ellis share voting and dispositive power as co-trustees of the Ellis Trust holding these shares.

How was the 5.9% ownership of Liftoff Mobile (LFTO) calculated for the Ellis Trust?

The 5.9% ownership is calculated using 9,939,671 shares held by the Ellis Trust and total shares outstanding of 169,330,527, as reported by Liftoff Mobile after its IPO, including full exercise of the underwriters’ over-allotment option.

Where is Liftoff Mobile, Inc. (LFTO) headquartered according to this Schedule 13G?

Liftoff Mobile’s principal executive offices are at 900 Middlefield Road, Redwood City, California 94063. This address is also listed as the principal business office for each of the Ellis reporting persons in the ownership filing.

What is the CUSIP and par value of Liftoff Mobile, Inc. (LFTO) common stock in this filing?

The common stock of Liftoff Mobile has a par value of $0.0001 per share and is identified by CUSIP 53229X101. The Ellis Trust’s holdings and percentage ownership are reported for this class of securities.





53229X101

(CUSIP Number)
06/30/2026

(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




Comment for Type of Reporting Person: (1) Consists of 9,939,671 shares of common stock held of record by the Ellis Trust dated September 11, 2015 (the Ellis Trust). The trustees of the Ellis Trust are Mark E. Ellis and Sydney L. Ellis, who hold shared voting and dispositive power with respect to the shares held of record by the Ellis Trust. (2) Based on an aggregate of 169,330,527 shares of common stock outstanding, as reported by the Issuer in the Issuer's prospectus filed under Rule 424(b)(4) filed with the U.S. Securities and Exchange Commission (the SEC) on June 4, 2026, after giving effect to the Issuer's initial public offering (the IPO, including the exercise in full of the underwriters' over-allotment option as announced by the Issuer on June 5, 2026).


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Consists of 9,939,671 shares of common stock held of record by the Ellis Trust. The trustees of the Ellis Trust are Mark E. Ellis and Sydney L. Ellis, who hold shared voting and dispositive power with respect to the shares held of record by the Ellis Trust. (2) Based on an aggregate of 169,330,527 shares of common stock outstanding, as reported by the Issuer in the Issuer's prospectus filed under Rule 424(b)(4) filed with the U.S. Securities and Exchange Commission (the SEC) on June 4, 2026, after giving effect to the Issuer's IPO (including the exercise in full of the underwriters' over-allotment option as announced by the Issuer on June 5, 2026).


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Consists of 9,939,671 shares of common stock held of record by the Ellis Trust . The trustees of the Ellis Trust are Mark E. Ellis and Sydney L. Ellis, who hold shared voting and dispositive power with respect to the shares held of record by the Ellis Trust. (2) Based on an aggregate of 169,330,527 shares of common stock outstanding, as reported by the Issuer in the Issuer's prospectus filed under Rule 424(b)(4) filed with the U.S. Securities and Exchange Commission (the SEC) on June 4, 2026, after giving effect to the Issuer's IPO (including the exercise in full of the underwriters' over-allotment option as announced by the Issuer on June 5, 2026).


SCHEDULE 13G



Ellis Mark Edward
Signature:/s/ Mark E. Ellis
Name/Title:Mark E. Ellis
Date:08/07/2026
Sydney L. Ellis
Signature:/s/ Sydney L. Ellis
Name/Title:Sydney L. Ellis
Date:08/07/2026
Ellis Trust dated September 11, 2015
Signature:/s/ Mark E. Ellis
Name/Title:Mark E. Ellis, Trustee
Date:08/07/2026
Signature:/s/ Sydney L. Ellis
Name/Title:Sydney L. Ellis, Trustee
Date:08/07/2026
Exhibit Information

Exhibit 1 - Joint Filing Agreement