Beryl Capital group discloses 9.1% holding in Urgent.ly (NASDAQ: ULY)
Rhea-AI Filing Summary
Urgent.ly Inc. shareholders were reported to include Beryl-affiliated entities holding a combined 200,000 shares (reported) representing 9.1% of Common Stock for Beryl Capital Management and David A. Witkin, and 147,909 shares (reported) for Beryl Capital Partners II (6.8%).
The Schedule 13G states these positions are shared power holdings and includes an ownership percentage calculated on November 10, 2025 outstanding share data; the filing describes group relationships and disclaims beneficial ownership beyond pecuniary interest.
Positive
- None.
Negative
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Insights
Passive investor group filing shows significant shared holdings and group coordination.
Beryl-affiliated entities are disclosed as holding 200,000 shares (reported) with 9.1% ownership for Beryl Capital Management and David A. Witkin, and 147,909 shares (reported) with 6.8% for the Partnership, using an outstanding base of November 10, 2025.
The filing classifies these as shared voting and dispositive power and includes an exhibit for joint filing; the practical effect depends on whether the group acts together, which the filing documents via group identification language.
Disclosure clarifies ownership scale but signals passive intent under Schedule 13G.
The Schedule 13G characterizes the positions as passive: signatures include a statement the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control" of the issuer. The filing includes an explicit group agreement (Exhibit 99).
Share-counts and percentages are tied to the issuer's reported outstanding shares as of November 10, 2025; any market impact will depend on future disclosures or transactions by these holders.
FAQ
What stake does Beryl Capital report in Urgent.ly (ULY)?
Is the Beryl filing for Urgent.ly (ULY) active or passive?
What voting or dispositive power do the Beryl entities report for ULY?
On what outstanding-share base are the percentages calculated in the ULY filing?
Does the Schedule 13G indicate joint action by the group in Urgent.ly (ULY)?