Base Partners and Fernando Spnola report 7.97M shares in Netskope (NTSK)

Rhea-AI Filing Summary

Netskope Inc reports a Schedule 13G/A showing 7,967,893 shares beneficially owned by Base Partners Consultoria de Investimentos E Negocios Ltda. and Fernando Spnola. The filing states these shares represent 3.2% of the Class A Common Stock as of 06/30/2026. The disclosure breaks ownership among affiliated entities (BGI, BGII, BCSI, Ace, Maniro) and describes voting and dispositive power relationships: Base Ltda. may be deemed to hold sole voting and dispositive power through its managing‑member and proxy roles, while Fernando Spnola may be deemed to have shared voting and dispositive power as a director of Base Ltda.

Key Figures

Beneficially owned shares: 7,967,893 shares Percent of class: 3.2% BGI direct holdings: 1,882,768 shares +3 more

6 metrics

Beneficially owned shares 7,967,893 shares Schedule 13G/A cover page breakdown, as of 06/30/2026

Percent of class 3.2% Percent of Class A Common Stock reported on cover page

BGI direct holdings 1,882,768 shares Owned directly by Base Growth I, LLC as listed in the filing

BGII direct holdings 1,194,702 shares Owned directly by Base Growth II, LLC as listed in the filing

BCSI direct holdings 1,225,052 shares Owned directly by Base Crossover Strategy I, LLC as listed in the filing

Ace and Maniro holdings 3,665,371 shares Owned directly by Ace Global Holdings Limited and Maniro Limited as listed in the filing

Key Terms

Schedule 13G/A, beneficially owned, sole dispositive power, proxy holder

4 terms

Schedule 13G/A regulatory

"This Statement is being filed by Base Partners Consultoria de Investimentos E Negocios Ltda."

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned financial

"Amount beneficially owned: See Row 9 of the cover page for each Reporting Person"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power legal

"Base Ltda. may be deemed to have sole dispositive power"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

proxy holder legal

"Base Ltda. is the proxy holder for Ace and Maniro with respect to such shares"

A proxy holder is a person or organization given the legal right to vote or act for a shareholder at a company meeting. Handing someone proxy authority is like giving a trusted friend your ballot when you can’t attend: the proxy votes on board members, mergers, pay and other decisions that shape company strategy and value. Investors care because proxy actions can directly influence corporate outcomes and their returns.

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FAQ

What does the Schedule 13G/A filed for NTSK disclose about ownership?

It discloses 7,967,893 shares (3.2%) beneficially owned by the reporting parties as of 06/30/2026. The filing attributes holdings across affiliated entities and explains that voting and dispositive power may be exercised by Base Ltda. and shared by Fernando Spnola.

Who are the reporting persons on the NTSK 13G/A amendment?

The filing is made by Base Partners Consultoria de Investimentos E Negocios Ltda. and Fernando Spnola. It states Base Ltda. is the managing member of affiliated LLCs and Spnola is a director of Base Ltda., with proxy and shared power described in the statement.

How is the 7,967,893‑share stake allocated among the affiliated entities?

The filing shows 1,882,768 shares in BGI, 1,194,702 in BGII, 1,225,052 in BCSI, and 3,665,371 in Ace and Maniro. These amounts are listed in the cover page breakdown of beneficial ownership and allocations.

Does the Schedule 13G/A state who controls voting or disposition of the shares?

Yes. It states Base Ltda. may be deemed to have sole voting and dispositive power via its managing‑member and proxy roles, and Fernando Spnola may be deemed to hold shared voting and dispositive power as a director.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Netskope Inc

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

64119N608

(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

CUSIP Number(s): 64119N608

1

Names of Reporting Persons

Base Partners Consultoria de Investimentos E Negocios Ltda.

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

BRAZIL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 7,967,893.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 7,967,893.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,967,893.00

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)

3.2 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Of the 7,967,893 shares, of which 1,882,768 shares are owned directly by Base Growth I, LLC ("BGI"), 1,194,702 shares are owned directly by Base Growth II, LLC ("BGII"), 1,225,052 shares are owned directly by Base Crossover Strategy I, LLC ("BCSI"), and 3,665,371 shares are owned directly by Ace Global Holdings Limited ("Ace") and Maniro Limited ("Maniro"), except that Base Partners Consultoria de Investimentos E Negocios Ltda. ("Base Ltda."), the managing member of BGI, BGII, and BCSI and the proxy holder for Ace and Maniro with respect to such shares, may be deemed to have sole voting power, and Fernando Spnola ("Spnola"), a director of Base Ltda., may be deemed to have shared power to vote these shares. 7,967,893 shares, of which 1,882,768 shares are owned directly by BGI, 1,194,702 shares are owned directly by BGII, 1,225,052 shares are owned directly by BCSI, and 3,665,371 shares are owned directly by Ace and Maniro, except that Base Ltda., the managing member of BGI, BGII, and BCSI and the proxy holder for Ace and Maniro with respect to such shares, may be deemed to have sole dispositive power, and Spnola, a director of Base Ltda., may be deemed to have shared power to dispose of these shares.

SCHEDULE 13G

CUSIP Number(s): 64119N608

1

Names of Reporting Persons

Fernando Spnola

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

BRAZIL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,967,893.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,967,893.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,967,893.00

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)

3.2 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Of the 7,967,893 shares, of which 1,882,768 shares are owned directly by BGI, 1,194,702 shares are owned directly by BGII, 1,225,052 shares are owned directly by BCSI, and 3,665,371 shares are owned directly by Ace and Maniro. Base Ltda., the managing member of BGI, BGII, and BCSI and the proxy holder for Ace and Maniro with respect to such shares, may be deemed to have sole voting power, and Spnola, a director of Base Ltda., may be deemed to have shared power to vote these shares. 7,967,893 shares, of which 1,882,768 shares are owned directly by BGI, 1,194,702 shares are owned directly by BGII, 1,225,052 shares are owned directly by BCSI, and 3,665,371 shares are owned directly by Ace and Maniro. Base Ltda., the managing member of BGI, BGII, and BCSI and the proxy holder for Ace and Maniro with respect to such shares, may be deemed to have sole dispositive power, and Spnola, a director of Base Ltda., may be deemed to have shared power to dispose of these shares.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Netskope Inc
(b)	Address of issuer's principal executive offices: 2445 Augustine Drive, 3rd Floor, Santa Clara, CA 95054
Item 2.
(a)	Name of person filing: This Statement is being filed by Base Partners Consultoria de Investimentos E Negocios Ltda. ("Base Ltda.") and Fernando Spnola ("Spnola"). Base Ltda. and Spnola are collectively referred to as the "Reporting Persons."
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each Reporting Person is c/o Base Partners, Rua Iguatemi 151, Floor 10, Sao Paulo, Brazil 01415-011.
(c)	Citizenship: Base Ltda. is a sociedade limitada organized under the laws of Brazil. Spnola is a citizen of Brazil.
(d)	Title of class of securities: Class A Common Stock, par value $0.0001 per share
(e)	CUSIP No.: 64119N608
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: See Row 9 of the cover page for each Reporting Person.*
(b)	Percent of class: See Row 11 of the cover page for each Reporting Person.*
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row 5 of the cover page for each Reporting Person.*
	(ii) Shared power to vote or to direct the vote: See Row 6 of the cover page for each Reporting Person.*
	(iii) Sole power to dispose or to direct the disposition of: See Row 7 of the cover page for each Reporting Person.*
	(iv) Shared power to dispose or to direct the disposition of: See Row 8 of the cover page for each Reporting Person.* * Except to the extent of a Reporting Person's pecuniary interest therein, each Reporting Person disclaims beneficial ownership of such shares of Common Stock, except for the shares, if any, such Reporting Person holds of record.
Item 5.	Ownership of 5 Percent or Less of a Class.
	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:
	Not Applicable

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.

Base Partners Consultoria de Investimentos E Negocios Ltda.

Signature:	/s/ Fernando Spnola
Name/Title:	Fernando Spnola
Date:	06/30/2026

Fernando Spnola

Signature:	/s/ Fernando Spnola
Name/Title:	Fernando Spnola
Date:	06/30/2026

Exhibit Information

Exhibit 1 - Joint Filing Agreement