Sec Form 13G Filing - Abdiel Capital Advisors LP filing for - 2025-10-31

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:   Row 6, 8 and 9. Comprised of (i) 14,791,440 shares of Common Stock (consisting of 4,656,007 held by Abdiel Investments LP and 10,135,433 held by Investment Group of Abdiel LP) and (ii) 11,586,822 shares of Common Stock issuable upon exercise of warrants (consisting of 3,647,267 held by Abdiel Investments LP and 7,939,555 held by Investment Group of Abdiel LP) with an exercise price of US$0.45 per share. The warrants (consisting of 4,656,007 held by Abdiel Investments LP and 10,135,433 held by Investment Group of Abdiel LP) are for the purchase of a total of up to 14,791,440 shares of Common Stock. The Reporting Person is prohibited from exercising the warrants if, as a result of such exercise, the Reporting Person (collectively with certain other parties, the "Attribution Parties") would beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to the exercise (the "Beneficial Ownership Blocker"). As such, the warrants can currently only be exercised for 11,586,822 shares of Common Stock (consisting of 3,647,267 exercisable by Abdiel Investments LP and 7,939,555 exercisable by Investment Group of Abdiel LP). Row 10. Excludes 3,204,618 shares of Common Stock underlying warrants (consisting of 1,008,740 held by Abdiel Investments LP and 2,195,878 held by Investment Group of Abdiel LP) that are not currently exercisable because their exercise would result in exceeding the Beneficial Ownership Blocker described above.


SCHEDULE 13G



Comment for Type of Reporting Person:   Row 6, 8 and 9. Comprised of (i) 4,656,007 shares of Common Stock and (ii) 3,647,267 shares of Common Stock issuable upon exercise of a warrant with an exercise price of US$0.45 per share. The warrant is for the purchase of a total of up to 4,656,007 shares of Common Stock. The Reporting Person is prohibited from exercising the warrant if, as a result of such exercise, the Reporting Person (collectively with certain other parties, the "Attribution Parties") would beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to the exercise (the "Beneficial Ownership Blocker"). As such, the warrant can currently only be exercised for 3,647,267 shares of Common Stock. Row 10. Excludes 1,008,740 shares of Common Stock underlying warrants that are not currently exercisable because their exercise would result in exceeding the Beneficial Ownership Blocker described above.


SCHEDULE 13G



Comment for Type of Reporting Person:   Row 6, 8 and 9. Comprised of (i) 4,656,007 shares of Common Stock and (ii) 3,647,267 shares of Common Stock issuable upon exercise of a warrant with an exercise price of US$0.45 per share. The warrant is for the purchase of a total of up to 4,656,007 shares of Common Stock. The Reporting Person is prohibited from exercising the warrant if, as a result of such exercise, the Reporting Person (collectively with certain other parties, the "Attribution Parties") would beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to the exercise (the "Beneficial Ownership Blocker"). As such, the warrant can currently only be exercised for 3,647,267 shares of Common Stock. Row 10. Excludes 1,008,740 shares of Common Stock underlying warrants that are not currently exercisable because their exercise would result in exceeding the Beneficial Ownership Blocker described above.


SCHEDULE 13G



Comment for Type of Reporting Person:   Row 6, 8 and 9. Comprised of (i) 10,135,433 shares of Common Stock and (ii) 7,939,555 shares of Common Stock issuable upon exercise of a warrant with an exercise price of US$0.45 per share. The warrant is for the purchase of a total of up to 10,135,433 shares of Common Stock. The Reporting Person is prohibited from exercising the warrant if, as a result of such exercise, the Reporting Person (collectively with certain other parties, the "Attribution Parties") would beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to the exercise (the "Beneficial Ownership Blocker"). As such, the warrant can currently only be exercised for 7,939,555 shares of Common Stock. Row 10. Excludes 2,195,878 shares of Common Stock underlying warrants that are not currently exercisable because their exercise would result in exceeding the Beneficial Ownership Blocker described above.


SCHEDULE 13G



Comment for Type of Reporting Person:   Row 6, 8 and 9. Comprised of (i) 10,135,433 shares of Common Stock and (ii) 7,939,555 shares of Common Stock issuable upon exercise of a warrant with an exercise price of US$0.45 per share. The warrant is for the purchase of a total of up to 10,135,433 shares of Common Stock. The Reporting Person is prohibited from exercising the warrant if, as a result of such exercise, the Reporting Person (collectively with certain other parties, the "Attribution Parties") would beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to the exercise (the "Beneficial Ownership Blocker"). As such, the warrant can currently only be exercised for 7,939,555 shares of Common Stock. Row 10. Excludes 2,195,878 shares of Common Stock underlying warrants that are not currently exercisable because their exercise would result in exceeding the Beneficial Ownership Blocker described above.


SCHEDULE 13G



Comment for Type of Reporting Person:   Row 6, 8 and 9. Comprised of (i) 14,791,440 shares of Common Stock (consisting of 4,656,007 held by Abdiel Investments LP and 10,135,433 held by Investment Group of Abdiel LP) and (ii) 11,586,822 shares of Common Stock issuable upon exercise of warrants (consisting of 3,647,267 held by Abdiel Investments LP and 7,939,555 held by Investment Group of Abdiel LP) with an exercise price of US$0.45 per share. The warrants (consisting of 4,656,007 held by Abdiel Investments LP and 10,135,433 held by Investment Group of Abdiel LP) are for the purchase of a total of up to 14,791,440 shares of Common Stock. The Reporting Person is prohibited from exercising the warrants if, as a result of such exercise, the Reporting Person (collectively with certain other parties, the "Attribution Parties") would beneficially own more than 19.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to the exercise (the "Beneficial Ownership Blocker"). As such, the warrants can currently only be exercised for 11,586,822 shares of Common Stock (consisting of 3,647,267 exercisable by Abdiel Investments LP and 7,939,555 exercisable by Investment Group of Abdiel LP). Row 10. Excludes 3,204,618 shares of Common Stock underlying warrants (consisting of 1,008,740 held by Abdiel Investments LP and 2,195,878 held by Investment Group of Abdiel LP) that are not currently exercisable because their exercise would result in exceeding the Beneficial Ownership Blocker described above.


SCHEDULE 13G


 
Abdiel Capital Advisors, LP
 
Signature:/s/ Colin T. Moran
Name/Title:Colin T. Moran/Managing Member of Abdiel Capital Partners, LLC, its General Partner
Date:10/31/2025
 
Abdiel Investments LP
 
Signature:/s/ Colin T. Moran
Name/Title:Colin T. Moran/Managing Member of Abdiel Investments GP LLC, its General Partner
Date:10/31/2025
 
Abdiel Investments GP LLC
 
Signature:/s/ Colin T. Moran
Name/Title:Colin T. Moran/Managing Member
Date:10/31/2025
 
Investment Group of Abdiel LP
 
Signature:/s/ Colin T. Moran
Name/Title:Colin T. Moran/Managing Member of Investment Group of Abdiel GP LLC, its General Partner
Date:10/31/2025
 
Investment Group of Abdiel GP LLC
 
Signature:/s/ Colin T. Moran
Name/Title:Colin T. Moran/Managing Member
Date:10/31/2025
 
Colin T. Moran
 
Signature:/s/ Colin T. Moran
Name/Title:Colin T. Moran/individually
Date:10/31/2025

Comments accompanying signature:   Exhibit A - Joint Filing Agreement
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