Filing Details

Home > Insider Trading > Latest 13D and 13G Filings > 13G Filing (0001193125-21-041197)

NAMES OF REPORTING PERSONS

Greenspring Opportunities III, L.P.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐ (b) ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

Accession Number:: 0001193125-21-041197
Form Type:: 13G Filing
Publication Date:: 2021-02-12 15:00:53

Filed By:: Greenspring Associates
Company:: Oblong Inc. (NYSE:OBLG)
Filing Date:: 2021-02-12
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	Shared Voting Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
Greenspring Opportunities III	1,554,541	1,554,541	1,554,541	5.8%
Greenspring Global Partners VII-A	945,168	945,168	945,168	3.6%
Greenspring Global Partners VII-C	91,182	91,182	91,182	0.3%
Greenspring Opportunities IV	1,101,770	1,101,770	1,101,770	4.1%
Greenspring Associates	3,692,661	3,692,661	3,692,661	13.9%
Charles Ashton Newhall	3,692,661	3,692,661	3,692,661	13.9%
James Lim	3,692,661	3,692,661	3,692,661	13.9%

Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Oblong, Inc.

(Name of Issuer)

Class A common stock, par value $0.0001 per share

(Title of Class of Securities)

674434 105

(CUSIP Number)

February 2, 2021

(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)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

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

The information required in 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 (however, see the Notes).


CUSIP No. 674434 105		13G		Page 2 of 16


CUSIP No. 674434 105		13G		Page 3 of 16


CUSIP No. 674434 105		13G		Page 4 of 16


CUSIP No. 674434 105		13G		Page 5 of 16


CUSIP No. 674434 105		13G		Page 6 of 16


CUSIP No. 674434 105		13G		Page 7 of 16


CUSIP No. 674434 105		13G		Page 8 of 16


CUSIP No. 674434 105		13G		Page 9 of 16

Item 1(a).

Name of Issuer:

Oblong, Inc. (the Issuer).

Item 1(b).

Address of Issuers Principal Executive Offices:

25587 Conifer Road, Suite 105-231, Conifer, Colorado 80433.

Item 2(a).

Names of Persons Filing:

(i) Greenspring Opportunities III, L.P. (Opportunities III);

(ii) Greenspring Global Partners VII-A, L.P. (Global Partners VII-A);

(iii) Greenspring Global Partners VII-C, L.P. (Global Partners VII-C);

(iv) Greenspring Opportunities IV, L.P. (Opportunities IV, and together with Opportunities III, Global Partners VII-A, and Global Partners VII-C, the Funds);

(v) Greenspring Associates, LLC (Greenspring); and

(vi) Charles Ashton Newhall (Newhall) and James Lim (Lim and, together with Newhall, the Directors, and the Directors, together with Opportunities III, Global Partners VII-A, Global Partners VII-C, Opportunities IV, and Greenspring, the Reporting Persons).

Greenspring Opportunities General Partner III, L.P., is the general partner of Opportunities III, and Greenspring Opportunities GP III, LLC is the general partner of Greenspring Opportunities General Partner III, L.P. Greenspring General Partner VII, L.P. is the general partner of Global Partners VII-A, and Greenspring GP VII, Ltd. is the general Partner of Greenspring General Partner VII, L.P. Greenspring General Partner VII, L.P. is the general partner of Global Partners VII-C, and Greenspring GP VII, Ltd. is the general partner of Greenspring General Partner VII, L.P. Greenspring Opportunities General Partner IV, L.P. is the general partner of Opportunities IV, and Greenspring Opportunities GP IV, LLC is the general partner of Greenspring General Partner IV, L.P.

Greenspring is the sole member of Greenspring Opportunities GP III, LLC, Greenspring GP VII, Ltd. and Greenspring Opportunities GP IV, LLC. Mr. Newhall and Mr. Lim are the directors of Greenspring..

Item 2(b).

Address of Principal Business Office or, if None, Residence:

The business address of each Reporting Person is c/o Greenspring Associates, LLC, 100 Painters Mill Road, Suite 700, Owings Mills, MD 21117.

Item 2(c).

Citizenship:

Each of the Funds are limited partnerships organized under the laws of the State of Delaware. Greenspring is a limited liability company organized under the laws of the State of Delaware. Each of the Directors is a United States Citizen.

Item 2(d).

Title of Class of Securities:

Common stock, par value $0.0001 per share (Common Stock).

Item 2(e).

CUSIP Number:

674434 105


CUSIP No. 674434 105		13G		Page 10 of 16

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.

Item 4.

Ownership.

(a)

Amount Beneficially Owned:

Opportunities III is the record holder of 1,554,541 shares of Common Stock. Global Partners VII-A is the record holder of 945,168 shares of Common Stock. Global Partners VII-C is the record holder of 91,182 shares of Common Stock. Opportunities IV is the record holder of 1,101,770 shares of Common Stock. Greenspring is the sole member of each of the general partners of the general partners of the Funds, and Mr. Newall and Mr. Lim are the directors of Greenspring.

(b)

Percent of Class: See Line 11 of the cover sheets. The percentages presented on the cover sheets of this Schedule 13G are based on 26,618,184 outstanding shares of Common Stock, as disclosed in the Issuers Form 8-K filed on February 2, 2021.

(c)

Number of shares as to which such person has:

(i)

sole power to vote or to direct the vote: see line 5 of cover sheets.

(ii)

shared power to vote or to direct the vote: see line 6 of cover sheets.

(iii)

sole power to dispose or to direct the disposition: see line 7 of cover sheets.

(iv)

shared power to dispose or to direct the disposition: see line 8 of cover sheets.


CUSIP No. 674434 105		13G		Page 11 of 16

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

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 Reporting Persons 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 that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


CUSIP No. 674434 105		13G		Page 12 of 16

SIGNATURE

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

Date: February 12, 2021


GREENSPRING OPPORTUNITIES III, L.P.

By:		Greenspring Opportunities General Partners III, L.P.,
its general partner

By:		Greenspring Opportunities GP III, LLC,
its general partner

By:		Greenspring Associates, LLC,
its sole member


		By:		/s/ Eric Thompson
		Eric Thompson
		Chief Operating Officer


GREENSPRING GLOBAL PARTNERS VII-A, L.P.

By:		Greenspring General Partner VII, L.P.,
its general partner

By:		Greenspring GP VII, Ltd.,
its general partner

By:		Greenspring Associates, LLC,
its sole member


		By:		/s/ Eric Thompson
		Eric Thompson
		Chief Operating Officer


GREENSPRING GLOBAL PARTNERS VII-C, L.P.

By:		Greenspring General Partner VII, L.P.,
its general partner

By:		Greenspring GP VII, Ltd.,
its general partner

By:		Greenspring Associates, LLC,
its sole member


		By:		/s/ Eric Thompson
		Eric Thompson
		Chief Operating Officer


CUSIP No. 674434 105		13G		Page 13 of 16


GREENSPRING OPPORTUNITIES IV, L.P.

By:		Greenspring Opportunities General Partner IV, L.P.,
its general partner

By:		Greenspring Opportunities GP IV, LLC,
its general partner

By:		Greenspring Associates, LLC,
its sole member


		By:		/s/ Eric Thompson
		Eric Thompson
		Chief Operating Officer


GREENSPRING ASSOCIATES, LLC

By:		/s/ Eric Thompson
Eric Thompson
Chief Operating Officer

Charles Ashton Newhall

James Lim


*By:		/s/ Eric Thompson
		Eric Thompson
		As attorney-in-fact

This Schedule 13G was executed by Eric Thompson on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which is attached as Exhibit 2.