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.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Additional SEC filing notes
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.