AWM Investment Company (SBIG) files 13G/A reporting 0% SpringBig stake

Rhea-AI Filing Summary

SpringBig Holdings, Inc. is the subject of an amended Schedule 13G filing in which AWM Investment Company, Inc., as investment adviser to several affiliated funds, reports that it no longer beneficially owns any shares of the company’s common stock. AWM states that it holds sole voting and investment power over 0 shares of SpringBig common stock, representing 0% of the outstanding class and falling under the category of ownership of 5 percent or less of the class. All voting and dispositive power entries are reported as zero.

Key Figures

Beneficially owned shares: 0 shares Percent of class owned: 0 % Sole voting power: 0 +3 more

6 metrics

Beneficially owned shares 0 shares Amount beneficially owned by AWM Investment Company, Inc.

Percent of class owned 0 % Percent of SpringBig common stock class reported by AWM

Sole voting power 0 Shares over which AWM has sole power to vote

Shared voting power 0 Shares over which AWM has shared power to vote

Sole dispositive power 0 Shares over which AWM has sole power to dispose

Shared dispositive power 0 Shares over which AWM has shared power to dispose

Key Terms

beneficially owned, dispositive power, voting power, investment adviser, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 0"

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.

dispositive power financial

"Sole power to dispose or to direct the disposition of: 0"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

voting power financial

"Sole power to vote or to direct the vote: 0"

Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.

investment adviser financial

"AWM is the investment adviser to Special Situations Cayman Fund, L.P."

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

Ownership of 5 percent or less of a class financial

"Item 5. | Ownership of 5 percent or less of a class."

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

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Available on EDGAR 08/07/2026 - 04:53 PM Accepted by SEC EDGAR 08/07/2026 - 04:53 PM Learn about SEC filing dates

FAQ

What does AWM Investment Company’s Schedule 13G/A mean for SBIG?

AWM Investment Company reports 0 shares of SpringBig Holdings (SBIG) common stock, representing 0% of the class. This indicates it no longer reports beneficial ownership at or above the 5% threshold and currently has no voting or dispositive power.

How many SpringBig (SBIG) shares does AWM Investment Company currently own?

AWM Investment Company reports beneficial ownership of 0 shares of SpringBig common stock. It also reports 0 shares with sole or shared voting power and 0 shares with sole or shared dispositive power.

What percentage of SpringBig (SBIG) does AWM Investment Company report owning?

AWM Investment Company reports beneficial ownership of 0% of SpringBig’s common stock. The filing classifies this as ownership of 5 percent or less of the class, with no voting or dispositive power over any shares.

Who filed the amended Schedule 13G for SpringBig (SBIG)?

The amended Schedule 13G is filed by AWM Investment Company, Inc., a Delaware corporation and investment adviser to several Special Situations funds. The filing is signed by Adam Stettner, Executive Vice President.

What class of SpringBig (SBIG) securities is covered in this Schedule 13G/A?

The filing covers SpringBig Holdings’ Common Stock, par value $0.001, with CUSIP 85021Q108. AWM reports that it has no beneficial ownership, voting power, or dispositive power over this class of securities.

Where is AWM Investment Company, the SBIG Schedule 13G/A filer, located?

AWM Investment Company lists its principal business office as 527 Madison Avenue, Suite 2600, New York, NY 10022. It is a Delaware corporation acting as investment adviser to several Special Situations funds.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

SpringBig Holdings, Inc.

(Name of Issuer)

Common Stock, Par Value $0.001

(Title of Class of Securities)

85021Q108

(CUSIP Number)

07/31/2026

(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): 85021Q108

1

Names of Reporting Persons

AWM Investment Company, Inc.

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)

IA

Comment for Type of Reporting Person: AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Cayman Fund, L.P. (CAYMAN), Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Private Equity Fund, L.P. (SSPE). (CAYMAN, SSFQP and SSPE will hereafter be referred to as the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 0 shares of Common Stock of the Issuer (the Shares).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SpringBig Holdings, Inc.
(b)	Address of issuer's principal executive offices: 621 NW 53RD ST, SUITE 260, BOCA RATON, FLORIDA, 33487
Item 2.
(a)	Name of person filing: The person filing this report is AWM Investment Company, Inc., a Delaware corporation (AWM), which is the investment adviser to Special Situations Cayman Fund, L.P., a Cayman Islands Limited Partnership (CAYMAN), Special Situations Fund III QP, L.P., a Delaware limited partnership (SSFQP) and Special Situations Private Equity Fund, L.P., a Delaware limited partnership (SSPE), (CAYMAN, SSFQP and SSPE, will hereafter be referred to as the Funds). The principal business of each Fund is to invest in equity and equity-related securities and other securities of any kind or nature. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are members of: SSCayman, L.L.C., a Delaware limited liability company (SSCAY), the general partner of CAYMAN; MGP Advisers Limited Partnership, a Delaware limited partnership (MGP), the general partner of SSFQP and MG Advisers, L.L.C., a New York limited liability company (MG), the general partner of SSPE. Greenhouse and Stettner are also controlling principals of AWM.
(b)	Address or principal business office or, if none, residence: 527 Madison Avenue, Suite 2600, New York, NY 10022.
(c)	Citizenship: AWM is a Delaware Corporation
(d)	Title of class of securities: Common Stock, Par Value $0.001
(e)	CUSIP No.: 85021Q108
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.

AWM Investment Company, Inc.

Signature:	Adam Stettner
Name/Title:	Executive Vice President
Date:	08/07/2026