8 unchanged sentences
Dividend Policy
−Removed: We currently intend to retain all available funds and any future earnings for use in the operation and growth of our business and do not anticipate paying any dividends on our capital stock in the foreseeable future.
+Added: We currently intend to retain all available funds and any future earnings for use in the operation and growth of our business and other corporate purposes, which may include share repurchases, and do not anticipate paying any dividends on our capital stock in the foreseeable future.
Any future determination to declare dividends will be made at the discretion of our board of directors, subject to applicable laws, and will depend on our financial condition, results of operations, capital requirements, general business conditions, and other factors that our board of directors may deem relevant.
4 unchanged sentences
Use of Proceeds from Initial Public Offering of Common Stock and Concurrent Private Placement
+Added: Issuer Purchases of Equity Securities
+Added: The following table summarizes the share repurchase activity for the three months ended January 31, 2026:
+Added: Total Number of Shares Purchased Average Price Paid Per Share (1)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Program Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program (2)
+Added: (in thousands)
+Added: November 1, 2025 to November 30, 2025 1,369,276 $ 15.74 1,369,276 $ 76,504
+Added: December 1, 2025 to December 31, 2025 5,109,875 $ 14.97 5,109,875 $ —
+Added: January 1, 2026 to January 31, 2026 — $ — — $ —
+Added: Total 6,479,151 6,479,151
+Added: (1) Average price paid per share excludes broker commissions and fees.
+Added: (2) In May 2025, our board of directors authorized the repurchase of up to $200.0 million in shares of our outstanding Class A common stock.
+Added: For additional information, refer to Note 8, Stockholders' Equity, to our consolidated financial statements included in Part II, Item 8, Financial Statements and Supplementary Data.
Stock Performance Graph
1 unchanged sentence
under the Securities Act or Exchange Act generally.
−Removed: We have presented below the cumulative total return to our holders of our Class A common stock between June 30, 2021 (the date our Class A common stock commenced trading on the NYSE) through January 31, 2025 in comparison to the Standard & Poor’s 500 Index and Standard & Poor Information Technology Index.
−Removed: All values assume a $100 initial investment and data for the Standard & Poor’s 500 Index and Standard & Poor Information Technology Index assume reinvestment of dividends.
+Added: We have presented below the cumulative total return to our holders of our Class A common stock between June 30, 2021 (the date our Class A common stock commenced trading on the NYSE) through January 31, 2026 in comparison to the Standard & Poor’s 500 Index and iShares Expanded-Tech Software Sector ETF (IGV).
+Added: All values assume a $100 initial investment and data for the Standard & Poor’s 500 Index and iShares Expanded-Tech Software Sector ETF (IGV) assume reinvestment of dividends.
Such returns are based on historical data and are not indicative of, nor intended to forecast, the future performance of our Class A common stock.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.