Sec Form 13G Filing - Raine Associates II LP filing for Olo Inc. (OLO) - 2022-02-09

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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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.            )*

 

 

OLO INC.

(Name of Issuer)

Shares of Class A Common Stock, par value $0.001 per share

(Title of Class of Securities)

68134L109

(CUSIP Number)

December 31, 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 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 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. 68134L109    Schedule 13G    Page 1 of 9

 

  1.    

  Names of Reporting Persons

 

  RPII Order LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  32,220,439 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,220,439 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,220,439 shares of Class A Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.1%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  OO

 

(1)

Calculations of the percentage of the shares of Class A Common Stock beneficially owned assumes 57,078,716 shares of Class A Common Stock outstanding based on information included in the Issuer’s quarterly report on Form 10-Q filed on November 9, 2021 and that the 32,220,439 shares of Class B Common Stock directly held by RPII Order LLC are converted into shares of Class A Common Stock.


CUSIP No. 68134L109    Schedule 13G    Page 2 of 9

 

  1.    

  Names of Reporting Persons

 

  Raine Partners II LP

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  32,220,439 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,220,439 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,220,439 shares of Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.1%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  PN


CUSIP No. 68134L109    Schedule 13G    Page 3 of 9

 

  1.    

  Names of Reporting Persons

 

  Raine Associates II LP

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  32,629,865 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,629,865 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,629,865 shares of Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.5%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 


CUSIP No. 68134L109    Schedule 13G    Page 4 of 9

 

  1.    

  Names of Reporting Persons

 

  Raine Capital LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use O nly

 

  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

 

  32,220,439 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,220,439 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,220,439 shares of Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.1%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  IA

 


CUSIP No. 68134L109    Schedule 13G    Page 5 of 9

 

  1.    

  Names of Reporting Persons

 

  Raine Management LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  32,629,865 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,629,865 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,629,865 shares of Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.5%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  OO

 


CUSIP No. 68134L109    Schedule 13G    Page 6 of 9

 

  1.    

  Names of Reporting Persons

 

  The Raine Group LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  32,629,865 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,629,865 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,629,865 shares of Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.5%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  OO

 


CUSIP No. 68134L109    Schedule 13G    Page 7 of 9

 

  1.    

  Names of Reporting Persons

 

  Raine Holdings LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  32,629,865 shares of Class A Common Stock

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  32,629,865 shares of Class A Common Stock

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  32,629,865 shares of Common Stock

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)

 

  36.5%(1)

12.  

  Type of Reporting Person (See Instructions)

 

  OO

 


CUSIP No. 68134L109    Schedule 13G    Page 8 of 9

 

Item 1.

& #xA0;

(a)

Name of Issuer:

Olo Inc. (the “Issuer”).

 

(b)

Address of the Issuer’s Principal Executive Offices:

285 Fulton Street, One World Trade Center, 82nd Floor, New York, NY 10007

 

Item 2.

 

(a)

Name of Person Filing:

RPII Order LLC

Raine Partners II LP

Raine Associates II LP

Raine Capital LLC

Raine Management LLC

The Raine Group LLC

Raine Holdings LLC

 

(b)

Address of Principal Business Office:

65 East 55th Street, 24th Floor, New York, NY 10022

 

(c)

Citizenship:

RPII Order LLC – Delaware

Raine Partners II LP – Delaware

Raine Associates II LP – Delaware

Raine Capital LLC – Delaware

Raine Management LLC – Delaware

The Raine Group LLC – Delaware

Raine Holdings LLC – Delaware

 

(d)

Title of Class of Securities:

Class A Common Stock

 

(e)

CUSIP Number:

68134L109

 

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:

N/A.

 

Item 4.

Ownership:

 

(a).

Amount beneficially owned:

32,629,865

 

(b).

Percent of class:

36.5%(1)


CUSIP No. 68134L109    Schedule 13G    Page 9 of 9

 

(c).

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote: 0

 

  (ii)

Shared power to vote or to direct the vote: 32,629,865

 

  (iii)

Sole power to dispose or to direct the disposition of: 0

 

  (iv)

Shared power to dispose or to direct the disposition of: 32,629,865

 

Item 5.

Ownership of Five Percent or Less of a Class:

N/A.

 

Item 6.

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

N/A.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

N/A.

 

Item 8.

Identification and Classification of Members of the Group:

N/A.

 

Item 9.

Notice of Dissolution of Group:

N/A.

 

Item 10.

Certification:

N/A.


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.

February 9, 2022

 

RPII Order LLC
By:  

/s/ Alfred Chianese

Name: Alfred Chianese
Title: Vice President
Raine Partners II LP
By:  

/s/ Alfred Chianese

Name: Alfred Chianese
Title: Vice President
Raine Associates II LP
By:  

/s/ Alfred Chianese

Name: Alfred Chianese
Title: Vice President
Raine Capital LLC
By:  

/s/ Alfred Chianese

Name: Alfred Chianese
Title: Vice President
Raine Management LLC
By:  

/s/ Alfred Chianese

Name: Alfred Chianese
Title: Vice President
The Raine Group LLC
By:  

/s/ Alfred Chianese

Name: Alfred Chianese
Title: Vice President
Raine Holdings LLC
By:  

/s/ Brandon W. Gardner

Name: Brandon W. Gardner
Title: President

[Signature Page to Schedule 13G]


EXHIBIT LIST

 

Exhibit 99.1    Joint Filing Agreement, by and among the Reporting Persons, dated as of February 9, 2022.
Exhibit 99.2    Power of Attorney (incorporated by reference to Exhibit 24 to RPII Order LLC’s Form 3/A filed on October 8, 2021).