Filing Details

Accession Number:
0000904454-20-000383
Form Type:
13G Filing
Publication Date:
2020-05-26 17:27:55
Filed By:
Highsage Ventures Llc
Company:
Angi Inc. (NASDAQ:ANGI)
Filing Date:
2020-05-26
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
HighSage Ventures 0 5,050,976 0 5,050,976 6.9%
Jennifer Stier 0 5,050,976 0 5,050,976 6.9%
Filing

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2
(Amendment No.   ) *


ANGI Homeservices Inc.
(Name of Issuer)
 
Class A Common Stock, $0.001 par value
(Title of Class of Securities)
 
00183L102
(CUSIP Number)
 
 
March 4, 2020
(Date of Event Which Requires Filing of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[  ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[  ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.






CUSIP No. 00183L102



 1.
 NAME OF REPORTING PERSON
 
HighSage Ventures LLC

 2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) [  ]
(b) [  ]

 3.
 SEC USE ONLY


 4.
 CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware

 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 5.
 SOLE VOTING POWER

0

6.
 SHARED VOTING POWER

5,050,976 *

7.
 SOLE DISPOSITIVE POWER

0

8.
 SHARED DISPOSITIVE POWER

5,050,976 *

 9.
 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON

5,050,976 *

10.
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [  ]


 11.
 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

6.9% **

 12.
 TYPE OF REPORTING PERSON

OO


* As of May 26, 2020.
** Based on 73,414,282 shares of Class A Common Stock outstanding as of May 1, 2020, as reported in the Issuer’s Report on Form 10-Q for the period ended March 31, 2020 filed with the Securities and Exchange Commission on May 8, 2020.




CUSIP No. 00183L102

 1.
 NAME OF REPORTING PERSON
 
Jennifer Stier

 2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) [  ]
(b) [  ]

 3.
 SEC USE ONLY


 4.
 CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States

 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 5.
 SOLE VOTING POWER

0

6.
SHARED VOTING POWER

5,050,976 *

7.
 SOLE DISPOSITIVE POWER

0

8.
 SHARED DISPOSITIVE POWER

5,050,976 *

 9.
 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON

5,050,976 *

10.
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [  ]

 
 11.
 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

6.9% **

 12.
 TYPE OF REPORTING PERSON

HC


* As of May 26, 2020
** Based on 73,414,282 shares of Class A Common Stock outstanding as of May 1, 2020, as reported in the Issuer’s Report on Form 10-Q for the period ended March 31, 2020 filed with the Securities and Exchange Commission on May 8, 2020.




CUSIP No. 00183L102

SCHEDULE 13G
Item 1(a)
Name of Issuer

 
ANGI Homeservices Inc.

Item 1(b)
Address of Issuer’s Principal Executive Offices

 
3601 Walnut Street, Denver, CO 80205

Item 2(a)
Name of Persons Filing

 
This statement is filed on behalf of HighSage Ventures LLC and Jennifer Stier (together, the “Reporting Persons”). The shares of Common Stock reported herein are directly held by Kaleidoscope Investments LLC, Highline Investments LLC and Kwidnet Holdings LLC, for each of which HighSage Ventures serves as the manager and has voting and dispositive power over such shares.  Jennifer Stier is the Manager of HighSage Ventures LLC. The Joint Filing Agreement between the Reporting Persons is attached hereto as Exhibit 1.

Item 2(b)
Address of Principal Business Office or, if none, Residence

 
For each Reporting Person: 200 Clarendon Street, 59th Floor, Boston, MA  02116

Item 2(c)
Citizenship or Place of Organization

 
HighSage Ventures LLC:  Delaware

Jennifer Stier:  United States

Item 2(d)
Title of Class of Securities

 
Class A Common Stock, par value $0.001 per share (“Common Stock”)

Item 2(e)
CUSIP Number

 
00183L102

Item 3
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 
Not Applicable.








CUSIP No. 00183L102


Item 4
Ownership

 
The information requested in this item is incorporated herein by reference to the cover pages to this Schedule 13G.

Item 5
Ownership of Five Percent or Less of a Class

 
Not Applicable.

Item 6
Ownership of More than Five Percent on Behalf of Another Person

 
The shares of Common Stock reported herein are directly held by certain limited liability companies, each of which has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Common Stock that it directly owns.

Item 7
Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company

 
Not Applicable.

Item 8
Identification and Classification of Members of the Group

 
Not Applicable.

Item 9
Notice of Dissolution of Group

 
Not Applicable.

Item 10
Certification

 
By signing below the undersigned certify that, to the best of their knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.







CUSIP No. 00183L102

SIGNATURES

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated:  May 26, 2020

 
HIGHSAGE VENTURES LLC
 
 
 
By:
/s/ Joshua Stayn
 
 
Name:
Joshua Stayn
 
 
Title:
Chief Compliance Officer
 
 
JENNIFER STIER
 
 
 
By:
/s/ Jennifer Stier
 
   
Jennifer Stier
 










CUSIP No. 00183L102
EXHIBIT 1

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G to which this Agreement is annexed as Exhibit 1, and any amendments thereto, is and will be filed on behalf of each of them in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Dated:  May 26, 2020

 
HIGHSAGE VENTURES LLC
 
 
 
By:
/s/ Joshua Stayn
 
 
Name:
Joshua Stayn
 
 
Title:
Chief Compliance Officer


 
 
JENNIFER STIER
 
 
 
By:
/s/ Jennifer Stier
 
   
Jennifer Stier