Lynrock Lake discloses 12.3% Yext (YEXT) ownership in Schedule 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Yext, Inc. received an updated Schedule 13G/A showing that investment manager Lynrock Lake LP, Lynrock Lake Partners LLC and Cynthia Paul collectively reported beneficial ownership of 15,132,384 shares of Yext common stock, or 12.3% of the class as of December 31, 2025.
The percentage is based on 122,626,997 shares of common stock outstanding as of November 24, 2025. The shares are held directly by Lynrock Lake Master Fund LP, with Lynrock Lake LP as investment manager. The filing states the position is held in the ordinary course and not for the purpose of changing or influencing control.
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FAQ
What stake in Yext (YEXT) does Lynrock Lake report in this Schedule 13G/A?
Lynrock Lake and related reporting persons disclose beneficial ownership of 15,132,384 Yext common shares, representing 12.3% of the outstanding class. The shares are held through Lynrock Lake Master Fund LP, with Lynrock Lake LP serving as investment manager and Cynthia Paul exercising investment authority.
How was the 12.3% ownership in Yext (YEXT) calculated in the filing?
The filing states the 12.3% ownership is based on 122,626,997 Yext common shares outstanding as of November 24, 2025. That outstanding share figure comes from Yext’s Form 10-Q filed on December 8, 2025, and is used to compute the reported percentage of the class.
Who are the reporting persons for this Yext (YEXT) Schedule 13G/A amendment?
The reporting persons are Lynrock Lake LP, Lynrock Lake Partners LLC, and Cynthia Paul. Lynrock Lake LP acts as investment manager to Lynrock Lake Master Fund LP, while Lynrock Lake Partners LLC is the general partner of the investment manager and Cynthia Paul is its Chief Investment Officer and sole member.
Does the Lynrock Lake group intend to influence control of Yext (YEXT)?
The certification explains the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Yext. It also states they are not held in connection with any control-related transaction, other than specified nomination activities under Rule 14a-11.
Are there other investors who benefit from Lynrock Lake’s Yext (YEXT) holdings?
The filing notes that certain feeder funds investing in Lynrock Lake Master Fund LP may have the right to receive dividends or sale proceeds from the 15,132,384 Yext shares. These economic interests can exceed five percent of the class, even though the shares are directly held by Lynrock Lake Master.