Filing Details

Accession Number:
0001193125-21-342358
Form Type:
13G Filing
Publication Date:
2021-11-28 19:00:00
Filed By:
Arena Holdings Management Llc
Company:
Braze Inc.
Filing Date:
2021-11-29
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
AHM Investment Holdings 784,929 0 784,929 0 784,929 8.19%
AHM Investment Holdings 444,345 0 444,345 0 444,345 4.81%
Arena Holdings Group 500,000 0 500,000 0 500,000 5.68%
Arena Holdings Management 1,729,274 0 1,729,274 0 1,729,274 9.99%
Feroz Dewan 1,729,274 0 1,729,274 0 1,729,274 9.99%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. __)*

 

 

Braze, Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

10576N102

(CUSIP Number)

November 19, 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. 10576N102    SCHEDULE 13G    Page 2 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  AHM Investment Holdings LLC Series M

  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

 

  784,929

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  784,929

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  784,929

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  8.19%

12.  

  TYPE OF REPORTING PERSON

 

  OO


CUSIP No. 10576N102    SCHEDULE 13G    Page 3 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  AHM Investment Holdings LLC Series T

  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

 

  444,345

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  444,345

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  444,345

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.81%

12.  

  TYPE OF REPORTING PERSON

 

  OO

 


CUSIP No. 10576N102    SCHEDULE 13G    Page 4 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Arena Holdings Group LP

  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

 

  500,000

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  500,000

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  500,000

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  5.68%

12.  

  TYPE OF REPORTING PERSON

 

  PN


CUSIP No. 10576N102    SCHEDULE 13G    Page 5 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Arena Holdings Management 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

 

  1,729,274*

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,729,274*

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,729,274*

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  9.99%*

12.  

  TYPE OF REPORTING PERSON

 

  OO

 

(1)

Includes 1,229,274 shares of Class A Common Stock underlying 1,229,274 shares of Class B Common Stock. The conversion of the shares of Class B Common Stock reported herein is subject to a 9.99% beneficial ownership blocker (the Blocker) and the percentage set forth in row (11) gives effect to the Blocker. However, rows (6), (8) and (9) show the number of shares of Class A Common Stock that would be issuable upon the conversion of the shares of Class B Common Stock in full and does not give effect to the Blocker. Therefore, the actual number of shares of Class A Common Stock beneficially owned by such Reporting Person, after giving effect to the Blocker, is less than the number of securities reported in rows (6), (8) and (9).


CUSIP No. 10576N102    SCHEDULE 13G    Page 6 of 9 Pages

 

  1.    

  NAMES OF REPORTING PERSONS

 

  Feroz Dewan

  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 of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.     

  SOLE VOTING POWER

 

  1,729,274*

   6.   

  SHARED VOTING POWER

 

  0

   7.   

  SOLE DISPOSITIVE POWER

 

  1,729,274*

   8.   

  SHARED DISPOSITIVE POWER

 

  0

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,729,274*

10.  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  9.99%*

12.  

  TYPE OF REPORTING PERSON

 

  IN

 

(1)

Includes 1,229,274 shares of Class A Common Stock underlying 1,229,274 shares of Class B Common Stock. the conversion of the shares of Class B Common Stock reported herein is subject to the Blocker and the percentage set forth in row (11) gives effect to the Blocker. However, rows (6), (8) and (9) show the number of shares of Class A Common Stock that would be issuable upon the conversion of the shares of Class B Common Stock in full and does not give effect to the Blocker. Therefore, the actual number of shares of Class A Common Stock beneficially owned by such Reporting Person, after giving effect to the Blocker, is less than the number of securities reported in rows (6), (8) and (9).


CUSIP No. 10576N102    SCHEDULE 13G    Page 7 of 9 Pages

 

Item 1.       Issuer
   (a)    Name of Issuer:
      Braze, Inc. (the Issuer).
   (b)    Address of Issuers Principal Executive Offices:
     

330 West 34th Street, Floor 18

New York, NY 10001

Item 2.       Filing Person
   (a)  (c)    Name of Persons Filing; Address; Citizenship:
     

(i) AHM Investment Holdings LLC Series T, a Delaware limited liability company (AHM Series T).

 

(ii)  AHM Investment Holdings LLC Series M, a Delaware limited liability company (AHM Series M).

 

(iii)  Arena Holdings Group LP, a Delaware limited partnership (Arena Holdings LP).

 

(iv) Arena Holdings Management LLC, a Delaware limited liability company (Arena Holdings Management). Arena Holdings Management is the Administrative Manager of each of AHM Series T, AHM Series M and Arena Holdings LP.

 

(v)   Feroz Dewan, a citizen of India. Mr. Dewan serves as Chief Executive Officer of Arena Holdings Management and as Managing Director of Arena Holdings LP.

 

The address of the principal business office of each of the reporting persons is 119 Fifth Avenue, 8th Floor, New York, NY 10003.

   (d)    Title of Class of Securities:
      Class A Common Stock, $0.0001 par value per share
   (e)   

CUSIP Number:

 

10576N102

Item 3.    If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
   (a)       Broker or dealer registered under Section 15 of the Act;
   (b)       Bank as defined in Section 3(a)(6) of the Act;
   (c)       Insurance company as defined in Section 3(a)(19) of the Act;
   (d)       Investment company registered under Section 8 of the Investment Company Act of 1940;
   (e)       An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
   (f)       An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
   (g)       A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
   (h)       A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
   (i)       A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
   (j)       A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
   (k)       Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:                 

CUSIP No. 10576N102    SCHEDULE 13G    Page 8 of 9 Pages

 

Item 4.   

Ownership.

 

The information required by Items 4(a)(c) is set forth in Rows 511 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.

   The percent of class was calculated based on 8,800,000 shares of Class A Common Stock outstanding as set forth in the Issuers Form 424(b)(4) prospectus filed with the Securities and Exchange Commission on November 18, 2021, which gives effect to the additional 800,000 shares of Class A Common Stock issued and sold by the Issuer to the underwriters pursuant to the underwriters overallotment option and the Blocker.
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 five 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 or Control Person.

 

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.

 

Not applicable.


CUSIP No. 10576N102    SCHEDULE 13G    Page 9 of 9 Pages

 

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: November 29, 2021

 

AHM INVESTMENT HOLDINGS LLC SERIES T
By: Arena Holdings Management LLC
Its: Administrative Manager
By:  

/s/ Feroz Dewan

  Name: Feroz Dewan
  Title:   Chief Executive Officer
AHM INVESTMENT HOLDINGS LLC SERIES M
By: Arena Holdings Management LLC
Its: Administrative Manager
By:  

/s/ Feroz Dewan

  Name: Feroz Dewan
  Title:   Chief Executive Officer
ARENA HOLDINGS GROUP LP
By:  

/s/ Feroz Dewan

  Name: Feroz Dewan
  Title:   Managing Director
ARENA HOLDINGS MANAGEMENT LLC
By:  

/s/ Feroz Dewan

  Name: Feroz Dewan
  Title:   Chief Executive Officer

/s/ Feroz Dewan

FEROZ DEWAN