Item 1. | |
(a) | Name of issuer:
ALKAMI TECHNOLOGY, INC. |
(b) | Address of issuer's principal executive
offices:
5601 Granite Parkway, Suite 120, Plano, Texas 75024 |
Item 2. | |
(a) | Name of person filing:
This Statement is being filed on behalf of each of the following persons (collectively, the "Reporting Persons"):
(i) General Atlantic, L.P. ("GA LP");
(ii) General Atlantic (SPV) GP, LLC ("GA SPV");
(iii) General Atlantic Partners 100, L.P. ("GAP 100");
(iv) General Atlantic (AL), L.P. ("GA AL");
(v) General Atlantic Partners (Bermuda) EU, L.P. ("GAP Bermuda EU");
(vi) General Atlantic Partners (Lux) SCSp ("GAP Lux");
(vii) General Atlantic GenPar, L.P. ("GA GenPar");
(viii) GAP Coinvestments III, LLC ("GAPCO III");
(ix) GAP Coinvestments IV, LLC ("GAPCO IV");
(x) GAP Coinvestments V, LLC ("GAPCO V");
(xi) GAP Coinvestments CDA, L.P. ("GAPCO CDA");
(xii) General Atlantic GenPar (Lux) SCSp ("GA GenPar Lux");
(xiii) General Atlantic (Lux) S.a r.l. ("GA Lux");
(xiv) General Atlantic GenPar (Bermuda), L.P. ("GenPar Bermuda"); and
(xv) GAP (Bermuda) L.P. ("GAP Bermuda").
GAP 100, GAP Bermuda EU, GAP Lux are collectively referred to as the "GA Funds." GAPCO III, GAPCO IV, GAPCO V and GAPCO CDA are collectively referred to as the "Sponsor Coinvestment Funds." |
(b) | Address or principal business office or, if
none, residence:
The address of GAP Bermuda EU, GenPar Bermuda, and GAP (Bermuda) is Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. The address of GAP Lux, GA GenPar Lux and GA Lux is 412F, Route d'Esch, L-1471 Luxembourg. The address of GAP 100, GA SPV, GA AL, GA GenPar, and GA LP and each of the Sponsor Coinvestment Funds is c/o General Atlantic Service Company, L.P., 55 East 52nd Street, 33rd Floor, New York, NY 10055. |
(c) | Citizenship:
See Row (4) of each Reporting Person's cover page. |
(d) | Title of class of securities:
Common stock, par value $0.001 per share |
(e) | CUSIP No.:
01644J108 |
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: |
(a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-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 (15 U.S.C. 80a-3); |
(j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
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Item 4. | Ownership |
(a) | Amount beneficially owned:
As of December 31, 2024, the Reporting Persons owned the following number of shares of the common stock, par value $0.001 per share (the "common shares"), of Alkami Technology, Inc. (the "Company"):
(i) GA LP owned of record no common shares or 0.0% of the issued and outstanding common shares
(ii) GA SPV owned of record no common shares or 0.0% of the issued and outstanding common shares
(iii) GAP 100 owned of record no common shares or 0.0% of the issued and outstanding common shares
(iv) GAP AL owned of record 9,645,318 common shares or 9.6% of the issued and outstanding common shares
(v) GAP Bermuda EU owned of record no common shares or 0.0% of the issued and outstanding common shares
(vi) GAP Lux owned of record no common shares or 0.0% of the issued and outstanding common shares
(vii) GA GenPar owned of record no common shares or 0.0% of the issued and outstanding common shares
(viii) GAPCO III owned of record no common shares or 0.0% of the issued and outstanding common shares
(ix) GAPCO IV owned of record no common shares or 0.0% of the issued and outstanding common shares
(x) GAPCO V owned of record no common shares or 0.0% of the issued and outstanding common shares
(xi) GAPCO CDA owned of record no common shares or 0.0% of the issued and outstanding common shares
(xii) GA GenPar Lux owned of record no common shares or 0.0% of the issued and outstanding common shares
(xiii) GA Lux owned of record no common shares or 0.0% of the issued and outstanding common shares
(xiv) GenPar Bermuda owned of record no common shares or 0.0% of the issued and outstanding common shares
(xv) GAP (Bermuda) owned of record no common shares or 0.0% of the issued and outstanding common shares
The GA Funds and the Sponsor Coinvestment Funds share beneficial ownership of the common shares held of record by GA AL. The general partner of GA AL is GA SPV. The general partner of GAP Lux is GA GenPar Lux, and the general partner of GA GenPar Lux is GA Lux. The general partner of GAP Bermuda EU and the sole shareholder of GA Lux is GenPar Bermuda. GA LP, which is controlled by the Partnership Committee of GASC MGP, LLC (the "Partnership Committee"), is the managing member of GAPCO III, GAPCO IV, and GAPCO V, the general partner of GAPCO CDA, and is the sole member of GA SPV. GAP (Bermuda), which is also controlled by the Partnership Committee, is the general partner of GenPar Bermuda. The general partner of GAP 100 is GA GenPar, and the general partner of GA GenPar is GA LP. By virtue of the foregoing, the Reporting Persons may be deemed to share voting power and the power to direct the disposition of the shares that each owns of record. As of the date hereof, there are five members of the Partnership Committee. Each of the members of the Partnership Committee disclaims ownership of the common shares reported herein except to the extent that he has a pecuniary interest therein. The name, the address and the citizenship of each of the members of the Partnership Committee as of the date hereof is attached hereto as Schedule A and is hereby incorporated by reference.
Raphael Osnoss, an employee of GASC and director of the Company, holds 27,878 common shares solely for the benefit of GASC, which is controlled by the Partnership Committee.
Amount Beneficially Owned:
By virtue of the relationships described above, each of the Reporting Persons may be deemed to beneficially own the common shares indicated on Row (9) of such Reporting Person's cover page. |
(b) | Percent of class:
See Row (11) of each Reporting Person's cover page.
All calculations of percentage ownership herein are based on an aggregate of 100,496,654 common shares reported by the Company to be outstanding following the closing of a secondary public offering as reflected in the Company's prospectus supplement on Form 424B7, filed with the U.S. Securities and Exchange Commission on November 8, 2024.
9.6% % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
See Row (5) of each Reporting Person's cover page.
|
| (ii) Shared power to vote or to direct the
vote:
See Row (6) of each Reporting Person's cover page.
|
| (iii) Sole power to dispose or to direct the
disposition of:
See Row (7) of each Reporting Person's cover page.
|
| (iv) Shared power to dispose or to direct the
disposition of:
See Row (8) of each Reporting Person's cover page.
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
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Item 6. | Ownership of more than 5 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. |
|
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of
each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or
§240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Item 2, which states the identity of the members of the group filing this Schedule 13G. |
Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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