Sec Form 13G Filing - DCM VI L.P. filing for MATTERPORT INC (MTTR) - 2024-01-26

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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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 13d-2 (b)

(Amendment No. 2)*

 

Matterport, Inc.

 

(Name of Issuer)

 

Class A Common Stock, par value $0.0001 per share

 

(Title of Class of Securities)

 

577096100

 

(CUSIP Number)

 

December 31, 2023

 

(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)

xRule 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 (however, see the Notes).

 

(Continued on following pages)

 

Page 1 of 12 Pages

Exhibit Index Contained on Page 10

 

 

 

 

 

 

CUSIP NO.   577096100 13 G Page 2 of 12

 

1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        DCM VI, L.P. (“DCM VI”)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BYEACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER
7,055,077 shares, except that DCM Investment Management VI, L.P. (“GP VI”), the general partner of DCM VI, and DCM International VI, Ltd. (“UGP VI”), the general partner of GP VI, may be deemed to have sole power to vote these shares, F. Hurst Lin (“Lin”) and Matthew C. Bonner (“Bonner”), the directors of UGP VI, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
  7 SOLE DISPOSITIVE POWER
7,055,077 shares, except that GP VI, the general partner of DCM VI, and UGP VI, the general partner of GP VI, may be deemed to have sole power to dispose of these shares, and Lin and Bonner, the directors of UGP VI, may be deemed to have shared power to dispose of these shares.
  8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,055,077
10

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

¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3%
12 TYPE OF REPORTING PERSON* PN

 

 

 

 

CUSIP NO.   577096100 13 G Page 3 of 12

 

1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        DCM Investment Management VI, L.P. (“GP VI”)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER
7,055,077 shares.  GP VI, the general partner of DCM VI, may be deemed to have sole power to vote these shares, except that UGP VI, the general partner of GP VI, may be deemed to have sole power to vote these shares, and Lin and Bonner, the directors of UGP VI, may be deemed to have shared power to vote these shares.
  6 SHARED VOTING POWER
See response to row 5.
  7 SOLE DISPOSITIVE POWER
7,055,077 shares.  GP VI, the general partner of DCM VI, may be deemed to have sole power to dispose of these shares, except that UGP VI, the general partner of GP VI, may be deemed to have sole power to dispose of these shares, and Lin and Bonner, the directors of UGP VI, may be deemed to have shared power to dispose of these shares.
  8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,055,077
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3%
12

TYPE OF REPORTING PERSON* 

PN

 

 

 

 

CUSIP NO.   577096100 13 G Page 4 of 12

 

1 NAME OF REPORTING
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        DCM International VI, Ltd. (“UGP VI”)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER
7,055,077 shares.  UGP VI is the general partner of GP VI, the general partner of DCM VI, and may be deemed to have sole voting power with respect to such shares, except GP VI, the general partner of DCM VI, may be deemed to have sole power to vote these shares, and Lin and Bonner, the directors of UGP VI, may be deemed to have shared power to vote these shares.
  6 SHARED VOTING POWER
See response to row 5.
  7

SOLE DISPOSITIVE POWER 
7,055,077 shares.  UGP VI is the general partner of GP VI, the general partner of DCM VI, and may be deemed to have sole power to dispose of such shares, except GP VI, the general partner of DCM VI, may be deemed to have sole power to dispose of these shares, and Lin and Bonner, the directors of UGP VI, may be deemed to have shared power to dispose of these shares.

  8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,055,077
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3%
12 TYPE OF REPORTING PERSON* OO

 

 

 

  

CUSIP NO.   577096100 13 G Page 5 of 12

 


1

NAME OF REPORTING PERSON

F. Hurst Lin (“Lin”)

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Japanese Citizen

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER
0 shares.
6 SHARED VOTING POWER
7,055,077 shares.  Lin is a director of UGP VI, the general partner of GP VI, the general partner of DCM VI, and may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
0 shares.
8 SHARED DISPOSITIVE POWER
7,055,077 shares.  Lin is a director of UGP VI, the general partner of GP VI, the general partner of DCM VI, and may be deemed to have shared power to dispose of these shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,055,077
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3%
12 TYPE OF REPORTING PERSON* IN

 

 

 

 

CUSIP NO.   577096100 13 G Page 6 of 12

 


1

NAME OF REPORTING PERSON

 

Matthew C. Bonner (“Bonner”)

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER
0 shares.
6 SHARED VOTING POWER
7,055,077 shares.  Bonner is a director of UGP VI, the general partner of GP VI, the general partner of DCM VI, and may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
0 shares.
8 SHARED DISPOSITIVE POWER
7,055,077 shares.  Bonner is a director of UGP VI, the general partner of GP VI, the general partner of DCM VI, and may be deemed to have shared power to dispose of these shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,055,077
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3%
12 TYPE OF REPORTING PERSON* IN

 

 

 

 

CUSIP NO.   577096100 13 G Page 7 of 12

 

ITEM 1(A).NAME OF ISSUER

Matterport, Inc.

 

ITEM 1(B).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

352 East Java Drive

Sunnyvale, CA 94089

 

ITEM 2(A).

NAME OF PERSONS FILING

 

This Schedule 13G is filed by DCM VI, L.P., a Cayman Islands exempted limited partnership (“DCM VI”), DCM Investment Management VI, L.P., a Cayman Islands exempted limited partnership (“GP VI”), and DCM International VI, Ltd., a Cayman Islands limited company (“UGP VI”), F. Hurst Lin (“Lin”) and Matthew C. Bonner (“Bonner”). The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”

 

GP VI, the general partner of DCM VI, may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by DCM VI. UGP VI, the general partner of GP VI, may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by DCM VI. Lin and Bonner are the directors of UGP VI and may be deemed to have shared power to vote and dispose of shares of the issuer directly owned by DCM VI.

 

ITEM 2(B).ADDRESS OF PRINCIPAL OFFICE

 

The address for each of the Reporting Persons is:

 

DCM

2420 Sand Hill Road

Suite 200

Menlo Park, California 94025

 

ITEM 2(C)CITIZENSHIP

 

DCM VI and GP VI are Cayman Islands exempted limited partnerships. UGP VI is a Cayman Islands limited company. Lin and Bonner are citizens of the United States

 

 

ITEM 2(D)
AND (E).
TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER

Class A Common Stock

 

CUSIP # 577096100

 

 

ITEM 3.Not Applicable

 

 

 

 

CUSIP NO.   577096100 13 G Page 8 of 12

 

ITEM 4.

OWNERSHIP

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)Amount beneficially owned:

See Row 9 of cover page for each Reporting Person.

 

(b)Percent of Class:

See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote:

See Row 5 of cover page for each Reporting Person.

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)Shared power to dispose or to direct the disposition of:

See Row 8 of cover page for each Reporting Person.

 

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 person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:
x Yes

 

ITEM 6.OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Under certain circumstances, set forth in the limited partnership agreements of DCM VI and GP VI, and the memorandum and articles of association of UGP VI, the general and limited partners or directors, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a general partner, limited partner, or director.

 

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.

Not applicable

 

 

 

 

CUSIP NO.   577096100 13 G Page 9 of 12

 

SIGNATURES

 

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: January 24, 2024

 

 

DCM VI, L.P.

     
  By: DCM INVESTMENT MANAGEMENT VI, L.P.
 

Its General Partner

     
  By: DCM INTERNATIONAL VI, LTD.
 

Its General Partner

     
  By: /s/ Matthew C. Bonner
    Matthew C. Bonner
    Attorney in Fact
     
 

DCM INVESTMENT MANAGEMENT VI, L.P.

     
  By: DCM INTERNATIONAL VI, LTD.
  Its General Partner
     
  By: /s/ Matthew C. Bonner
    Matthew C. Bonner
    Attorney in Fact
     
  DCM INTERNATIONAL VI, LTD.
     
  By: /s/ Matthew C. Bonner
    Matthew C. Bonner
    Attorney in Fact
     
  /s/ F. Hurst Lin
  Matthew C. Bonner, Attorney -In-Fact*
     
  /s/ Matthew C. Bonner
  Matthew C. Bonner, Attorney-In-Fact*

 

 

 

 

CUSIP NO.   577096100 13 G Page 10 of 12

 

EXHIBIT INDEX

 

  Found on
Sequentially

Exhibit 

Numbered Page
   
Exhibit A:  Agreement of Joint Filing 11
   
Exhibit B: Power of Attorney 12

 

 

 

 

CUSIP NO.   577096100 13 G Page 11 of 12

 

exhibit A

 

Agreement of Joint Filing

 

The Reporting Persons hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of the Issuer shall be filed on behalf of each of the Reporting Persons. Note that copies of the applicable Agreement of Joint Filing are already on file with the appropriate agencies.

 

 

 

 

CUSIP NO.   577096100 13 G Page 12 of 12

 

exhibit B

 

Power of Attorney

 

Matthew C. Bonner has signed this Schedule 13G as Attorney-In-Fact. Note that copies of the applicable Power of Attorney are already on file with the appropriate agencies.