AI assistant
MNTN, Inc. — Director's Dealing 2025
May 22, 2025
32004_dirs_2025-05-22_ceb07ee0-0ea8-4c7b-8f7d-ea737d2bfd9c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MNTN, Inc. (MNTN)
CIK: 0001891027
Period of Report: 2025-05-22
Reporting Person: Mercato Partners Growth III GP, LLC (10% Owner)
Reporting Person: Mercato Partners Growth III, L.P. (10% Owner)
Reporting Person: Mercato Partners Growth AI III, L.P. (10% Owner)
Reporting Person: Mercato Partners Traverse IIIe, L.P. (10% Owner)
Reporting Person: Mercato Traverse MNTN Series D Coinvest, LLC (10% Owner)
Reporting Person: WARNOCK GREG (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 6303215 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Convertible Notes | $ | Class A Common Stock (164807) | Indirect |
Footnotes
F1: Consists of (i) 5,902,196 shares of Class A common stock held by Mercato Partners Growth III, L.P. ("MPG III"); (ii) 164,831 shares of Class A common stock held by Mercato Partners Growth AI III L.P. ("MPG AI III"); (iii) 25,000 shares of Class A common stock held by Mercato Partners Traverse IIIe, L.P. ("MPG IIIe"); and (iv) 211,188 shares of Class A common stock held by Fund 00103, a Series of MERCATO TRAVERSE MNTN SERIES D COINVEST, LLC ("Fund 00103").
F2: Mercato Partners Growth III GP, LLC ("MPG III GP") is the sole general partner of MPG III, MPG AI III and MPG IIIe, and the sole manager of Fund 01003. Greg Warnock is the manager of MPG III GP and as such, MPG III GP and Mr. Warnock may be deemed to share beneficial ownership of the securities held of record by MPG III, MPG AI III, MPG IIIe and Fund 01003. Each of MPG III GP and Mr. Warnock disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein.
F3: Upon the closing of the Issuer's initial public offering, the convertible notes will automatically convert into shares of Class A Common Stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471).
F4: Consists of convertible notes convertible into 158,862 shares of Class A common stock held by MPG III and convertible notes convertible into 5,945 shares of Class A common stock held by MPG AI III.