Indaba Capital Management, L.P. - 08 Nov 2023 Form 3 Insider Report for ON24 INC. (ONTF)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
18 Jan 2024, 16:35:06 UTC
Prior SEC filing
14 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Indaba Capital Management, L.P.; By: IC GP, LLC; By: /s/ Derek C. Schrier, Managing Member

Key filing fact

Indaba Capital Management, L.P. filed Form 3 for ON24 INC. (ONTF) on 18 Jan 2024.

Key facts

  • This page summarizes Indaba Capital Management, L.P.'s Form 3 filing for ON24 INC. (ONTF).
  • 0 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Jan 2024, 16:35.

Change

  • Previous filing in this sequence was filed on 14 Nov 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ONTF holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,240,256
Date
08 Nov 2023
Ownership
See Footnotes
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

This Form 3 is filed jointly by Indaba Capital Management, L.P. (the "Investment Manager"), IC GP, LLC ("IC GP"), and Derek C. Schrier (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock (the "Shares") reported herein except to the extent of his or its pecuniary interest therein.

Footnote F2

The securities of ON24, Inc. (the "Issuer") reported herein are held directly by Indaba Capital Fund, L.P. (the "Fund"). Pursuant to an Investment Management Agreement, the Fund and its general partner have delegated all voting and investment power over the Shares directly held by the Fund to the Investment Manager. As a result, each of the Investment Manager, IC GP, as the general partner of Investment Manager, and Mr. Schrier, as Managing Member of IC GP, may be deemed to exercise voting and investment power over such Shares. The Fund specifically disclaims beneficial ownership of such Shares by virtue of its inability to vote or dispose of such Shares as a result of such delegation to the Investment Manager.

SEC remarks

This Form 3 is being filed solely due to a decrease in the number of Shares outstanding and not as a result of any acquisition of Shares by the Reporting Persons.

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