[SCHEDULE 13G/A] Braze, Inc. SEC Filing
Braze, Inc. Schedule 13G/A shows that Cadian Capital Management, LP, Cadian Capital Management GP, LLC and Eric Bannasch may be deemed to beneficially own 2,651,487 shares of Class A common stock, representing approximately 2.9% of the Class A outstanding based on 92,589,236 shares. The securities were directly held by three advisory client funds and the reporting advisers state they exercise exclusive voting and investment power over those holdings. The filing reports 0 shares of sole voting or dispositive power and 2,651,487 shares of shared voting and dispositive power.
Braze, Inc. Schedule 13G/A indica che Cadian Capital Management, LP, Cadian Capital Management GP, LLC e Eric Bannasch possono essere considerati beneficiari effettivi di 2,651,487 azioni ordinarie di Classe A, pari a circa 2.9% delle azioni di Classe A in circolazione, su un totale di 92,589,236 azioni. I titoli erano detenuti direttamente da tre fondi clienti in consulenza e i consulenti segnalanti dichiarano di esercitare il potere di voto e di investimento esclusivo su tali partecipazioni. La comunicazione riporta 0 azioni con potere di voto o di disposizione esclusivo e 2,651,487 azioni con potere di voto e di disposizione condiviso.
Braze, Inc. El Schedule 13G/A indica que Cadian Capital Management, LP, Cadian Capital Management GP, LLC y Eric Bannasch pueden considerarse beneficiarios efectivos de 2,651,487 acciones ordinarias Clase A, lo que representa aproximadamente el 2.9% de las acciones Clase A en circulaci贸n, sobre la base de 92,589,236 acciones. Los valores estaban en poder directo de tres fondos clientes asesorados y los asesores que presentan el informe declaran ejercer el poder exclusivo de voto e inversi贸n sobre esas participaciones. La presentaci贸n reporta 0 acciones con poder de voto o disposici贸n exclusivo y 2,651,487 acciones con poder de voto y disposici贸n compartido.
Braze, Inc.鞚� Schedule 13G/A鞐� 霐半ゴ氅� Cadian Capital Management, LP, Cadian Capital Management GP, LLC 氚� Eric Bannasch電� 2,651,487欤检潣 Class A 氤错喌欤茧ゼ 鞁れ鞝侅溂搿� 氤挫湢頃� 瓴冹溂搿� 臧勳＜霅� 靾� 鞛堨溂氅�, 鞚措姅 氚滍枆欤检嫕靾� 92,589,236欤茧ゼ 旮办鞙茧 鞎� 2.9%鞐� 頃措嫻頃╇媹雼�. 頃措嫻 歃濌秾鞚� 靹� 臧滌潣 鞛愲 瓿犼皾 韼�霌滉皜 歆侅爲 氤挫湢頃橁碃 鞛堨棃鞙茧┌, 鞁犼碃頃� 鞛愲靷摛鞚� 頃措嫻 氤挫湢鞐� 雽�頃� 雼弲 鞚橁舶甓� 氚� 韴瀽甓岇潉 頄夓偓頃滊嫟瓿� 氚濏瀳瓿� 鞛堨姷雼堧嫟. 鞝滌稖靹滊電� 雼弲 鞚橁舶甓� 霕愲姅 觳橂秳甓岇澊 鞛堧姅 欤检嫕 靾橂ゼ 0欤茧, 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓岇澊 鞛堧姅 欤检嫕 靾橂ゼ 2,651,487欤茧 氤搓碃頃橁碃 鞛堨姷雼堧嫟.
Braze, Inc. Le Schedule 13G/A indique que Cadian Capital Management, LP, Cadian Capital Management GP, LLC et Eric Bannasch peuvent 锚tre r茅put茅s d茅tenir 脿 titre b茅n茅ficiaire 2,651,487 actions ordinaires de Classe A, repr茅sentant environ 2.9% des actions de Classe A en circulation, sur la base de 92,589,236 actions. Les titres 茅taient d茅tenus directement par trois fonds clients conseill茅s et les conseillers d茅clarants affirment exercer le pouvoir exclusif de vote et d'investissement sur ces participations. Le d茅p么t fait 茅tat de 0 action avec pouvoir de vote ou de disposition exclusif et de 2,651,487 actions avec pouvoir de vote et de disposition partag茅.
Braze, Inc. Das Schedule 13G/A weist aus, dass Cadian Capital Management, LP, Cadian Capital Management GP, LLC und Eric Bannasch als wirtschaftliche Eigent眉mer von 2,651,487 Stammaktien der Klasse A angesehen werden k枚nnten, was etwa 2.9% der ausstehenden Klasse-A-Aktien auf Basis von 92,589,236 Aktien entspricht. Die Wertpapiere wurden direkt von drei beratenden Kundenfonds gehalten, und die meldenden Berater geben an, dass sie 眉ber diese Best盲nde die ausschlie脽liche Stimm- und Anlagegewalt aus眉ben. Die Meldung f眉hrt 0 Aktien mit alleiniger Stimm- oder Verf眉gungsbefugnis und 2,651,487 Aktien mit geteilter Stimm- und Verf眉gungsbefugnis an.
- None.
- None.
Insights
TL;DR: Cadian discloses a modest 2.9% beneficial stake in Braze held via advisory clients, with shared voting and dispositive power.
The filing documents a non-majority institutional position of 2,651,487 Class A shares, equal to about 2.9% of Class A stock based on the issuer's stated share count. Ownership is reported as held directly by three advisory client funds for which the adviser exercises exclusive voting and investment power. The report clarifies that the reporting persons have no sole voting or dispositive power and instead report shared voting and dispositive authority over the position.
TL;DR: Disclosure specifies the chain of control: advisory clients hold the shares, the adviser is the voting/investment decisionmaker, and the GP and managing member are identified.
The statement identifies Cadian Capital Management GP, LLC as the general partner of the adviser and Eric Bannasch as the sole managing member, reflecting the internal governance structure that links the adviser to the advisory clients holding the securities. The filing presents clear allocation of voting and dispositive powers as shared rather than sole, and reports the holdings as approximately 2.9% of Class A, a level below customary 5% thresholds for certain regulatory concerns.
Braze, Inc. Schedule 13G/A indica che Cadian Capital Management, LP, Cadian Capital Management GP, LLC e Eric Bannasch possono essere considerati beneficiari effettivi di 2,651,487 azioni ordinarie di Classe A, pari a circa 2.9% delle azioni di Classe A in circolazione, su un totale di 92,589,236 azioni. I titoli erano detenuti direttamente da tre fondi clienti in consulenza e i consulenti segnalanti dichiarano di esercitare il potere di voto e di investimento esclusivo su tali partecipazioni. La comunicazione riporta 0 azioni con potere di voto o di disposizione esclusivo e 2,651,487 azioni con potere di voto e di disposizione condiviso.
Braze, Inc. El Schedule 13G/A indica que Cadian Capital Management, LP, Cadian Capital Management GP, LLC y Eric Bannasch pueden considerarse beneficiarios efectivos de 2,651,487 acciones ordinarias Clase A, lo que representa aproximadamente el 2.9% de las acciones Clase A en circulaci贸n, sobre la base de 92,589,236 acciones. Los valores estaban en poder directo de tres fondos clientes asesorados y los asesores que presentan el informe declaran ejercer el poder exclusivo de voto e inversi贸n sobre esas participaciones. La presentaci贸n reporta 0 acciones con poder de voto o disposici贸n exclusivo y 2,651,487 acciones con poder de voto y disposici贸n compartido.
Braze, Inc.鞚� Schedule 13G/A鞐� 霐半ゴ氅� Cadian Capital Management, LP, Cadian Capital Management GP, LLC 氚� Eric Bannasch電� 2,651,487欤检潣 Class A 氤错喌欤茧ゼ 鞁れ鞝侅溂搿� 氤挫湢頃� 瓴冹溂搿� 臧勳＜霅� 靾� 鞛堨溂氅�, 鞚措姅 氚滍枆欤检嫕靾� 92,589,236欤茧ゼ 旮办鞙茧 鞎� 2.9%鞐� 頃措嫻頃╇媹雼�. 頃措嫻 歃濌秾鞚� 靹� 臧滌潣 鞛愲 瓿犼皾 韼�霌滉皜 歆侅爲 氤挫湢頃橁碃 鞛堨棃鞙茧┌, 鞁犼碃頃� 鞛愲靷摛鞚� 頃措嫻 氤挫湢鞐� 雽�頃� 雼弲 鞚橁舶甓� 氚� 韴瀽甓岇潉 頄夓偓頃滊嫟瓿� 氚濏瀳瓿� 鞛堨姷雼堧嫟. 鞝滌稖靹滊電� 雼弲 鞚橁舶甓� 霕愲姅 觳橂秳甓岇澊 鞛堧姅 欤检嫕 靾橂ゼ 0欤茧, 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓岇澊 鞛堧姅 欤检嫕 靾橂ゼ 2,651,487欤茧 氤搓碃頃橁碃 鞛堨姷雼堧嫟.
Braze, Inc. Le Schedule 13G/A indique que Cadian Capital Management, LP, Cadian Capital Management GP, LLC et Eric Bannasch peuvent 锚tre r茅put茅s d茅tenir 脿 titre b茅n茅ficiaire 2,651,487 actions ordinaires de Classe A, repr茅sentant environ 2.9% des actions de Classe A en circulation, sur la base de 92,589,236 actions. Les titres 茅taient d茅tenus directement par trois fonds clients conseill茅s et les conseillers d茅clarants affirment exercer le pouvoir exclusif de vote et d'investissement sur ces participations. Le d茅p么t fait 茅tat de 0 action avec pouvoir de vote ou de disposition exclusif et de 2,651,487 actions avec pouvoir de vote et de disposition partag茅.
Braze, Inc. Das Schedule 13G/A weist aus, dass Cadian Capital Management, LP, Cadian Capital Management GP, LLC und Eric Bannasch als wirtschaftliche Eigent眉mer von 2,651,487 Stammaktien der Klasse A angesehen werden k枚nnten, was etwa 2.9% der ausstehenden Klasse-A-Aktien auf Basis von 92,589,236 Aktien entspricht. Die Wertpapiere wurden direkt von drei beratenden Kundenfonds gehalten, und die meldenden Berater geben an, dass sie 眉ber diese Best盲nde die ausschlie脽liche Stimm- und Anlagegewalt aus眉ben. Die Meldung f眉hrt 0 Aktien mit alleiniger Stimm- oder Verf眉gungsbefugnis und 2,651,487 Aktien mit geteilter Stimm- und Verf眉gungsbefugnis an.
FAQ
How many Braze (BRZE) shares does Cadian report owning?
What percentage of Braze (BRZE) Class A stock does that represent?
Who are the reporting persons in the Schedule 13G/A for BRZE?
Who actually holds the securities reported in the filing?
What voting and dispositive powers are reported over the BRZE shares?
