0001104659-24-056374.txt : 20240502 0001104659-24-056374.hdr.sgml : 20240502 20240502160546 ACCESSION NUMBER: 0001104659-24-056374 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20240502 DATE AS OF CHANGE: 20240502 GROUP MEMBERS: D. E. SHAW & CO., L.L.C. GROUP MEMBERS: D. E. SHAW VALENCE PORTFOLIOS, L.L.C. GROUP MEMBERS: DAVID E. SHAW SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ibotta, Inc. CENTRAL INDEX KEY: 0001538379 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 352426358 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94501 FILM NUMBER: 24908131 BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA STREET, SUITE 400 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-593-1633 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA STREET, SUITE 400 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Zing Enterprises, Inc. DATE OF NAME CHANGE: 20111228 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: D. E. SHAW & CO, L.P. CENTRAL INDEX KEY: 0001009268 ORGANIZATION NAME: IRS NUMBER: 133695715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS STREET 2: NINTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2124780000 MAIL ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS STREET 2: NINTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: SHAW D E & CO L P /NY/ DATE OF NAME CHANGE: 19990421 SC 13G 1 tm2413344d1_sc13g.htm SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Amendment No. )*

 

Under the Securities Exchange Act of 1934

 

 

Ibotta, Inc.

(Name of Issuer)

 

 

Class A common stock, par value $0.00001 per share

(Title of Class of Securities)

 

 

451051106

(CUSIP Number)

 

 

April 22, 2024

(Date of Event Which Requires Filing of this Statement)

 

Check the following box to designate the rule pursuant to which the Schedule is filed:

 

¨Rule 13d-1(b)
xRule 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. 451051106 SCHEDULE 13G Page 2 of 9

 

1

NAMES OF REPORTING PERSONS

D. E. Shaw Valence Portfolios, L.L.C.

 

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

1,912,500

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

1,912,500

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,912,500

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

7.1%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

 

         

 

 

CUSIP No. 451051106 SCHEDULE 13G Page 3 of 9

  

1

NAMES OF REPORTING PERSONS

D. E. Shaw & Co., L.L.C.

 

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

2,550,000

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

2,608,842

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,608,842

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.6%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

 

         

 

 

CUSIP No. 451051106 SCHEDULE 13G Page 4 of 9

 

1

NAMES OF REPORTING PERSONS

D. E. Shaw & Co., L.P.

 

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

2,550,000

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

2,608,842

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,608,842

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.6%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IA, PN

 

         
 
 

CUSIP No. 451051106 SCHEDULE 13G Page 5 of 9

 

1

NAMES OF REPORTING PERSONS

David E. Shaw

 

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

United States

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

 

6

SHARED VOTING POWER

2,550,000

 

7

SOLE DISPOSITIVE POWER

-0-

 

8

SHARED DISPOSITIVE POWER

2,608,842

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,608,842

 

10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.6%

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

 

         

 

 

CUSIP No. 451051106 SCHEDULE 13G Page 6 of 9

 

Item 1.
  (a) Name of Issuer
      Ibotta, Inc.
     
  (b) Address of Issuer's Principal Executive Offices
   

  1801 California Street, Suite 400

  Denver, CO 80202

     
Item 2.
  (a) Name of Person Filing
   

  D. E. Shaw Valence Portfolios, L.L.C.

  D. E. Shaw & Co., L.L.C.

  D. E. Shaw & Co., L.P.

  David E. Shaw 

     
  (b) Address of Principal Business Office or, if none, Residence
      The business address for each reporting person is:
  1166 Avenue of the Americas, 9th Floor
  New York, NY 10036
     
  (c) Citizenship
   

  D. E. Shaw Valence Portfolios, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

  D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware.

  D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware.

  David E. Shaw is a citizen of the United States of America.

     
  (d) Title of Class of Securities
      Class A common stock, par value $0.00001 per share
     
  (e) CUSIP Number
      451051106

 

Item 3.   If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
Not Applicable
 
Item 4. Ownership

 

As of April 22, 2024:

 

  (a)  Amount beneficially owned:
     

  D. E. Shaw Valence Portfolios, L.L.C.:

 

1,912,500 shares

This is composed of 1,912,500 shares in the name of D. E. Shaw Valence Portfolios, L.L.C.

       

 

        D. E. Shaw & Co., L.L.C.:

2,608,842 shares

This is composed of (i) 1,912,500 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 637,500 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iii) 58,842 shares beneficially owned by a member of the Executive Committee of D. E. Shaw & Co., L.P. and D. E. Shaw & Co., L.L.C.

 

 

 

CUSIP No. 451051106 SCHEDULE 13G Page 7 of 9

 

        D. E. Shaw & Co., L.P.:

2,608,842 shares

This is composed of (i) 1,912,500 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 637,500 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iii) 58,842 shares beneficially owned by a member of the Executive Committee of D. E. Shaw & Co., L.P. and D. E. Shaw & Co., L.L.C.

         
        David E. Shaw:

2,608,842 shares

This is composed of (i) 1,912,500 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 637,500 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iii) 58,842 shares beneficially owned by a member of the Executive Committee of D. E. Shaw & Co., L.P. and D. E. Shaw & Co., L.L.C.

 

  (b)   Percent of class:
        D. E. Shaw Valence Portfolios, L.L.C. 7.1%
        D. E. Shaw & Co., L.L.C. 9.6%
        D. E. Shaw & Co., L.P. 9.6%
        David E. Shaw: 9.6%

 

  (c)   Number of shares to which the person has:
    (i) Sole power to vote or to direct the vote:  
        D. E. Shaw Valence Portfolios, L.L.C. -0- shares
        D. E. Shaw & Co., L.L.C. -0- shares
        D. E. Shaw & Co., L.P. -0- shares
        David E. Shaw: -0- shares

 

    (ii) Shared power to vote or to direct the vote:
        D. E. Shaw Valence Portfolios, L.L.C. 1,912,500 shares
        D. E. Shaw & Co., L.L.C. 2,550,000 shares
        D. E. Shaw & Co., L.P. 2,550,000 shares
        David E. Shaw: 2,550,000 shares

 

    (iii) Sole power to dispose or to direct the disposition of:
        D. E. Shaw Valence Portfolios, L.L.C. -0- shares
        D. E. Shaw & Co., L.L.C. -0- shares
        D. E. Shaw & Co., L.P. -0- shares
        David E. Shaw: -0- shares

 

    (iv) Shared power to dispose or to direct the disposition of:
        D. E. Shaw Valence Portfolios, L.L.C. 1,912,500 shares
        D. E. Shaw & Co., L.L.C. 2,608,842 shares
        D. E. Shaw & Co., L.P. 2,608,842 shares
        David E. Shaw: 2,608,842 shares

 

David E. Shaw does not own any shares directly. A member of the Executive Committee of D. E. Shaw & Co., L.P. and D. E. Shaw & Co., L.L.C. beneficially owns 58,842 shares (“EC Member Shares”). By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw Valence Portfolios, L.L.C. and D. E. Shaw Oculus Portfolios, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Valence Portfolios, L.L.C. and D. E. Shaw Oculus Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of 2,550,000 shares (“Voting Shares”), and the shared power to dispose or direct the disposition of 2,608,842 shares (consisting of Voting Shares and EC Member Shares), constituting 9.6% of the outstanding shares and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 2,608,842 shares.

 

 

 

 

CUSIP No. 451051106 SCHEDULE 13G Page 8 of 9

 

 

Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
 
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

By signing below, each of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw & Co., L.L.C., D. E. Shaw & Co., L.P., and David E. Shaw certify that, to the best of such reporting person’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

 

 

CUSIP No. 451051106 SCHEDULE 13G Page 9 of 9

 

 

SIGNATURE

 

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct. Powers of Attorney, dated March 1, 2017, granted by David E. Shaw in favor of Nathan Thomas, are attached hereto.

 

Dated: May 2, 2024

 

 

  D. E. Shaw Valence Portfolios, L.L.C.
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory

 

 

  D. E. Shaw & Co., L.L.C.
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory

 

 

  D. E. Shaw & Co., L.P.
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Chief Compliance Officer

 

 

  David E. Shaw
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Attorney-in-Fact for David E. Shaw

 

 

EX-99.1 2 tm2413344d1_ex-1.htm EXHIBIT 1

  

Exhibit 1

 

POWER OF ATTORNEY

FOR CERTAIN REGULATORY FILINGS

INCLUDING CERTAIN FILINGS

UNDER THE SECURITIES EXCHANGE ACT OF 1934

AND THE INVESTMENT ADVISERS ACT OF 1940

 

 

I, David E. Shaw, hereby make, constitute, and appoint each of:

 

Edward Fishman,

 

Julius Gaudio,

 

Martin Lebwohl,

 

Maximilian Stone,

 

David Sweet,

 

Nathan Thomas, and

 

Eric Wepsic,

 

acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, (i) executing in my name and/or my capacity as President of D. E. Shaw & Co., Inc. (acting for itself or as the general partner of D. E. Shaw & Co., L.P. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with any registration or regulatory disclosure requirements and/or ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Form ADV, Forms 3, 4, 5, and 13F, and Schedules 13D and 13G required to be filed with the United States Securities and Exchange Commission, and (ii) delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority.  Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.

 

This power of attorney shall be valid from the date hereof and replaces the power granted on January 1, 2017, which is hereby cancelled.

 

IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.

 

Date:  March 1, 2017

 

DAVID E. SHAW, as President of

D. E. Shaw & Co., Inc.

/s/ David E. Shaw

New York, New York 

 

 

 

 

EX-99.2 3 tm2413344d1_ex-2.htm EXHIBIT 2

 

Exhibit 2

 

POWER OF ATTORNEY

FOR CERTAIN REGULATORY FILINGS

INCLUDING CERTAIN FILINGS

UNDER THE SECURITIES EXCHANGE ACT OF 1934

AND THE INVESTMENT ADVISERS ACT OF 1940

 

 

I, David E. Shaw, hereby make, constitute, and appoint each of:

 

Edward Fishman,

 

Julius Gaudio,

 

Martin Lebwohl,

 

Maximilian Stone,

 

David Sweet,

 

Nathan Thomas, and

 

Eric Wepsic,

 

acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, (i) executing in my name and/or my capacity as President of D. E. Shaw & Co. II, Inc. (acting for itself or as the managing member of D. E. Shaw & Co., L.L.C. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with any registration or regulatory disclosure requirements and/or ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Form ADV, Forms 3, 4, 5, and 13F, and Schedules 13D and 13G required to be filed with the United States Securities and Exchange Commission, and (ii) delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority.  Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.

 

This power of attorney shall be valid from the date hereof and replaces the power granted on January 1, 2017, which is hereby cancelled.

 

IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.

 

Date:  March 1, 2017

 

DAVID E. SHAW, as President of

D. E. Shaw & Co. II, Inc.

/s/ David E. Shaw

New York, New York

 

 

 

 

EX-99.3 4 tm2413344d1_ex-3.htm EXHIBIT 3

  

Exhibit 3

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned Reporting Persons hereby agrees to the joint filing, along with all other such Reporting Persons, on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A common stock, par value $0.00001 per share, of Ibotta, Inc., and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of this 2nd day of May, 2024.

  

 

  D. E. Shaw Valence Portfolios, L.L.C.
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory

 

 

  D. E. Shaw & Co., L.L.C.
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory

 

 

  D. E. Shaw & Co., L.P.
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Chief Compliance Officer

 

 

  David E. Shaw
   
  By: /s/ Nathan Thomas
    Nathan Thomas
    Attorney-in-Fact for David E. Shaw