[SCHEDULE 13G/A] Wag! Group Co. SEC Filing

Rhea-AI Filing Summary

Amendment No. 1 to Schedule 13G filed on 07/29/2025 shows that Tenaya Capital VII, LP, its general partner Tenaya Capital VII GP, LLC, and six individual principals (Thomas Banahan, Benjamin Boyer, Stewart Gollmer, Brian Melton, Brian Paul) now report beneficial ownership of 0 shares (0.0%) of Wag! Group Co. (symbol PET) common stock (CUSIP 36269P104).

All reporting persons disclose no sole or shared voting or dispositive power. Because ownership has fallen below the 5 % threshold, they are no longer considered significant shareholders. The certification states the securities were not held to influence control of the issuer. No other financial metrics, transactions or group arrangements are reported.

• Material takeaway: Tenaya Capital and affiliates have completely exited their position, removing a prior institutional holder from the PET share register.
• The filing is passive (Rule 13d-1(c)) and contains no indication of activism.

Positive

• None.

Negative

• Complete exit by Tenaya Capital and affiliates removes a prior >5 % holder, potentially signaling diminished insider confidence and adding selling pressure.

Insights

Portfolio Manager

TL;DR – Tenaya Capital's zero-share 13G/A signals full exit and reduced institutional sponsorship.

Tenaya Capital was an early venture backer; its disappearance from the cap table may pressure sentiment and float. While the filing does not quantify prior holdings, moving from >5 % to 0 % indicates complete liquidation. This removes a potential long-term, insider-aligned holder and could increase free float, potentially adding supply. No compensating positive catalyst is disclosed. From a portfolio perspective, the change is incrementally negative but not thesis-shifting unless other large holders follow.

Corporate Governance Analyst

TL;DR – Governance impact minimal; filing simply updates ownership records.

The amendment meets SEC compliance requirements and confirms the group is no longer subject to 13D/G reporting. There is no indication of board influence or control intent, and the joint filing agreement remains on file. Governance risk is unchanged; impact is largely informational, not structural.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

WAG! GROUP CO.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

36269P104

(CUSIP Number)

07/29/2025

(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. 36269P104

1

Names of Reporting Persons

Tenaya Capital VII, 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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36269P104

1

Names of Reporting Persons

Tenaya Capital VII GP, LLC

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36269P104

1

Names of Reporting Persons

Thomas Banahan

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 36269P104

1

Names of Reporting Persons

Benjamin Boyer

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 36269P104

1

Names of Reporting Persons

Stewart Gollmer

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 36269P104

1

Names of Reporting Persons

Brian Melton

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 36269P104

1

Names of Reporting Persons

Brian Paul

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WAG! GROUP CO.
(b)	Address of issuer's principal executive offices: 55 FRANCISCO STREET, SUITE 360, SAN FRANCISCO, CA, 94133.
Item 2.
(a)	Name of person filing: Tenaya Capital VII, LP Tenaya Capital VII GP, LLC Thomas Banahan Benjamin Boyer Stewart Gollmer Brian Melton Brian Paul
(b)	Address or principal business office or, if none, residence: Tenaya Capital 3101 Park Boulevard, Palo Alto, CA 94306
(c)	Citizenship: Tenaya Capital VII, LP - Delaware Tenaya Capital VII GP, LLC - Delaware Thomas Banahan - United States Benjamin Boyer - United States Stewart Gollmer - United States Brian Melton - United States Brian Paul - United States
(d)	Title of class of securities: Common Stock, par value $0.0001 per share
(e)	CUSIP No.: 36269P104
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: Row 9 of each Reporting Person's cover page to this Schedule 13G sets forth the aggregate number of securities of the Issuer beneficially owned by such Reporting Person and is incorporated by reference.
(b)	Percent of class: Row 11 of each Reporting Person's cover page to this Schedule 13G sets forth the percentages of the securities of the Issuer beneficially owned by such Reporting Person and is incorporated by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Row 5 of each Reporting Person's cover page to this Schedule 13G sets forth the sole power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person and is incorporated by reference.
	(ii) Shared power to vote or to direct the vote: Row 6 of each Reporting Person's cover page to this Schedule 13G sets forth the shared power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person and is incorporated by reference.
	(iii) Sole power to dispose or to direct the disposition of: Row 7 of each Reporting Person's cover page to this Schedule 13G sets forth the sole power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person and is incorporated by reference.
	(iv) Shared power to dispose or to direct the disposition of: Row 8 of each Reporting Person's cover page to this Schedule 13G sets forth the shared power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person and is incorporated by reference.
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.

Tenaya Capital VII, LP

Signature:	/s/ Thomas Banahan
Name/Title:	By Tenaya Capital VII GP, LLC, its General Partner, By Thomas Banahan, Managing Member
Date:	07/31/2025

Tenaya Capital VII GP, LLC

Signature:	/s/ Thomas Banahan
Name/Title:	By Thomas Banahan, Managing Member
Date:	07/31/2025

Thomas Banahan

Signature:	/s/ Thomas Banahan
Name/Title:	Thomas Banahan
Date:	07/31/2025

Benjamin Boyer

Signature:	/s/ Benjamin Boyer
Name/Title:	Benjamin Boyer
Date:	07/31/2025

Stewart Gollmer

Signature:	/s/ Stewart Gollmer
Name/Title:	Stewart Gollmer
Date:	07/31/2025

Brian Melton

Signature:	/s/ Brian Melton
Name/Title:	Brian Melton
Date:	07/31/2025

Brian Paul

Signature:	/s/ Brian Paul
Name/Title:	Brian Paul
Date:	07/31/2025

Exhibit Information

Exhibit 99.1 Joint Filing Agreement (incorporated by reference to Exhibit A to the Reporting Persons' Schedule 13G filed with the SEC on February 14, 2023).

FAQ

Why did Tenaya Capital file a Schedule 13G/A on Wag! Group (PET)?

To disclose that Tenaya Capital VII and related parties now own 0 shares (0.0%), falling below the 5 % reporting threshold.

How many Wag! Group shares does Tenaya Capital now own?

The filing reports 0 shares with no voting or dispositive power.

What percentage of PET’s outstanding stock is held by Tenaya Capital after this filing?

Tenaya Capital and all related reporting persons collectively hold 0.0 % of the outstanding common stock.

When was the reportable event that triggered this 13G/A?

The event date is 07/29/2025.

Does the filing indicate any intent to influence control of Wag! Group?

No. The certification states the securities were not acquired or held to change or influence control.

Which individuals are included in the reporting group?

Thomas Banahan, Benjamin Boyer, Stewart Gollmer, Brian Melton, and Brian Paul, along with Tenaya Capital VII, LP and Tenaya Capital VII GP, LLC.