Velocity Financial, Inc.
36.60%
13,353,103
1692376
92262D101
Mar 26, 2025
Mar 31, 2025, 05:30 PM
Reporting Persons (7)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| SPG GP, LLC | Other | 36.60% | 13,353,103 | 0 | 13,353,103 |
| Ian K. Snow | Individual | 36.60% | 13,353,103 | 0 | 13,353,103 |
| Snow Phipps Group AIV, L.P. | Partnership | 33.80% | 12,339,174 | 0 | 12,339,174 |
| Snow Phipps Group (RPV), L.P. | Partnership | 1.80% | 642,654 | 0 | 642,654 |
| Snow Phipps Group AIV (Offshore), L.P. | Partnership | 0.70% | 260,705 | 0 | 260,705 |
| Snow Phipps Group (B), L.P. | Partnership | 0.20% | 61,719 | 0 | 61,719 |
| SPG Co-Investment, L.P. | Partnership | 0.10% | 48,851 | 0 | 48,851 |
Disclosure Items (3)
Common Stock, $0.01 per value
Velocity Financial, Inc.
2945 Townsgate Road, Suite 110, Westlake Village, CA, 91361
Item 5(a) of Schedule 13D is supplemented as follows: The responses of the Reporting Persons to Rows 11 and 13 (including any related Comment) on the cover pages of this Amendment No. 3, as of March 31, 2025, are incorporated herein by reference. After giving effect to the exercise of the Warrants, as of March 31, 2025, the Reporting Persons beneficially owned 13,353,103 shares of Common Stock in the aggregate, which represents 36.6% of the shares of the Common Stock outstanding, calculated pursuant to Rule 13d-3 under the Exchange Act, based on 36,465,085 shares of Common Stock outstanding as of March 27, 2025, as disclosed by the Issuer to the Reporting Persons (and which gives effect to the exercise of the Warrants by the Reporting Persons).
Item 5(b) of Schedule 13D is supplemented as follows: The responses of the Reporting Persons to Rows 7, 8, 9, and 10 (including any related Comment) on the cover pages of this Amendment No. 3, as of March 31, 2025, are incorporated herein by reference.
Item 5(c) of Schedule 13D is supplemented as follows: Except as set forth in this Amendment No. 3, none of the Reporting Persons, or, to the knowledge of the Reporting Persons, any other person named in Item 2 of the Schedule 13D, effected any transaction in the Common Stock since the filing of Amendment No. 2 on March 10, 2025.