[SCHEDULE 13D] TaskUs, Inc. SEC Filing
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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TaskUs, Inc. (Name of Issuer) |
Common Stock (Title of Class of Securities) |
87652V109 (CUSIP Number) |
Marcus A. Werner c/o Think Investments LP, One Letterman Dr, Bldg C, Suite CM-420 San Francisco, CA, 94129 415-675-3271 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
05/09/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 87652V109 |
| 1 |
Name of reporting person
Think Investments LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
3,734,665.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
19.8 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13D
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| CUSIP No. | 87652V109 |
| 1 |
Name of reporting person
Think India Opportunities Master Fund LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
CAYMAN ISLANDS
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
3,157,150.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
16.8 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock |
| (b) | Name of Issuer:
TaskUs, Inc. |
| (c) | Address of Issuer's Principal Executive Offices:
1650 INDEPENDENCE DRIVE, NEW BRAUNFELS,
TEXAS
, 78132. |
| Item 2. | Identity and Background |
| (a) | Think Investments LP
Think India Opportunities Master Fund LP |
| (b) | One Letterman Drive
Building C, Suite CM-420
San Francisco, CA 94129 |
| (c) | The principal occupation of Think Investments LP is being the Investment Advisor to the funds.
The principal occupation of Think India Opportunities Master Fund LP is being the Master Fund to feeder funds. |
| (d) | The Reporting Persons have not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years. |
| (e) | During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | Think Investments LP - Delaware
Think India Opportunities Master Fund LP - Cayman Islands |
| Item 3. | Source and Amount of Funds or Other Consideration |
The Reporting Persons used cash to make the purchases of Common Stock listed on Exhibit I hereto. | |
| Item 4. | Purpose of Transaction |
The Reporting Persons have acquired shares in the issuer for investment purposes and would like to express an intent to explore further opportunities in its business to maximize value. This may include discussions with management, the acquirers or other relevant parties with respect to the terms of the recently announced take-private transaction.
The Reporting persons may, from time to time, review or reconsider their position and may formulate plans or proposals with respect to the issuer or its securities, but has no present plans or proposals in place. The Reporting Persons may from time to time and at any time, in their sole discretion, acquire or cause to be acquired, additional equity or debt securities or other instruments of the issuer, its subsidiaries or affiliates, or dispose or cause to be disposed, such equity or debt securities or instruments, in any amount that the Reporting Persons may determine in their sole discretion, through open market transactions, privately negotiated transactions or otherwise. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | The calculation of percentage of beneficial ownership was derived from the Issuer's Quarterly Statement on Schedule 10-Q filed with the Securities and Exchange Commission on May 12, 2025, in which the Issuer stated that the number of Class A common stock outstanding as of May 2, 2025 was 18,837,801 shares. |
| (b) | Think Investments LP - 3,734,665.00
Think India Opportunities Master Fund LP - 3,157,150.00 |
| (c) | Exhibit I sets forth the transactions in the Common Stock effected by the Reporting Persons during the past 63 days. |
| (d) | Think Investments LP is filing this Schedule 13D because, as the investment adviser of one or more investment partnerships or pooled investment vehicles that beneficially hold the Securities, Think Investments LP has been granted the authority to dispose of and vote such Securities. The investment partnerships have the right to receive (or the power to direct the receipt of) dividends received in connection with ownership of the Securities, and the proceeds from the sale of the Securities. |
| (e) | Not applicable |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
Not applicable | |
| Item 7. | Material to be Filed as Exhibits. |
Exhibit I - TASK purchases - 13D
Exhibit II - Joint Filing Agreement - TASK - 13D |
| 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.
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