| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Andreessen Horowitz LSV Fund I, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz LSV Fund I, L.P., By: AH Equity Partners LSV I, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001772284 |
| Andreessen Horowitz LSV Fund I-B, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz LSV Fund I-B, L.P., By: AH Equity Partners LSV I, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001772420 |
| Andreessen Horowitz LSV Fund I-Q, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz LSV Fund I-Q, L.P., By: AH Equity Partners LSV I, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001772407 |
| AH Equity Partners LSV I, L.L.C. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | AH Equity Partners LSV I, L.L.C., By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001772287 |
| Andreessen Horowitz Fund IV, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz Fund IV, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001603198 |
| Andreessen Horowitz Fund IV-A, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz Fund IV-A, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001604853 |
| Andreessen Horowitz Fund IV-B, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz Fund IV-B, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001604855 |
| Andreessen Horowitz Fund IV-Q, L.P. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | Andreessen Horowitz Fund IV-Q, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001604857 |
| AH Equity Partners IV, L.L.C. | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | AH Equity Partners IV, L.L.C., By: /s/ Phil Hathaway, Chief Operating Officer | 2025-09-08 | 0001603403 |
| HOROWITZ BENJAMIN A | 10%+ Owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK | /s/ Phil Hathaway, Attorney-in-Fact for Benjamin Horowitz | 2025-09-08 | 0001166586 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +1.76M | $0.00 | 1.76M | Sep 8, 2025 | By Andreessen Horowitz LSV Fund I, L.P. | F1, F2 | |
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +10.9M | $0.00 | 10.9M | Sep 8, 2025 | By Andreessen Horowitz Fund IV, L.P. | F3, F4 | |
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +995K | $0.00 | 995K | Sep 8, 2025 | By AH Parallel Fund IV, L.P. | F5, F6, F7 | |
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +2.57M | $0.00 | 2.57M | Sep 8, 2025 | By AH Parallel Fund V, L.P. | F8, F9, F10 | |
| holding | IOT | Class A Common Stock | 3.48M | Sep 8, 2025 | By 1997 Horowitz Family Trust | F11 | |||||
| holding | IOT | Class A Common Stock | 749 | Sep 8, 2025 | By Horowitz 2020 Dynasty Trust | F12 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -1.76M | -100% | $0.00 | 0 | Sep 8, 2025 | Class A Common Stock | 1.76M | By Andreessen Horowitz LSV Fund I, L.P. | F2, F13 | |
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -10.9M | -100% | $0.00 | 0 | Sep 8, 2025 | Class A Common Stock | 10.9M | By Andreessen Horowitz Fund IV, L.P. | F4, F13 | |
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -995K | -100% | $0.00 | 0 | Sep 8, 2025 | Class A Common Stock | 995K | By AH Parallel Fund IV, L.P. | F6, F7, F13 | |
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -2.57M | -100% | $0.00 | 0 | Sep 8, 2025 | Class A Common Stock | 2.57M | By AH Parallel Fund V, L.P. | F9, F10, F13 |
| Id | Content |
|---|---|
| F1 | Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, Andreessen Horowitz LSV Fund I, L.P. ("AH LSV I") plans to sell up to 503,000 shares of Class A Common Stock of the Issuer and distribute in-kind on a pro-rata basis, without consideration, the remaining shares of Class A Common Stock of the Issuer to its general and limited partners. |
| F2 | These shares are held of record by AH LSV I, for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund I Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP LSV I and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund I Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| F3 | Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, Andreessen Horowitz Fund IV, L.P. ("AH IV") plans to distribute in-kind on a pro-rata basis, without consideration, a total of 10,949,014 shares of Class A Common Stock of the Issuer to its general and limited partners. |
| F4 | These shares are held of record by AH IV, for itself and as nominee for Andreessen Horowitz Fund IV-A, L.P., Andreessen Horowitz Fund IV-B, L.P., and Andreessen Horowitz Fund IV-Q, L.P. (collectively, the "AH Fund IV Entities"). AH Equity Partners IV, L.L.C. ("AH EP IV"), the general partner of the AH Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund IV Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP IV and may be deemed to have shared voting and dispositive power over the shares held by the AH Fund IV Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund IV Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| F5 | Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, AH Parallel Fund IV , L.P. ("AH Parallel IV") plans to distribute in-kind on a pro-rata basis, without consideration, a total of 994,899 shares of Class A Common Stock of the Issuer to its general and limited partners. |
| F6 | These shares are held of record by AH Parallel IV, for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively, the "AH Parallel Fund IV Entities"). AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund IV Entities. |
| F7 | (Continued from Footnote 6) Marc Andreessen and Benjamin Horowitz are the managing members of AH EP IV Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund IV Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| F8 | Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, AH Parallel Fund V, L.P. ("AH Parallel V") plans to sell up to 257,000 shares of Class A Common Stock of the Issuer and to distribute in-kind on a pro-rata basis, without consideration, the remaining shares of Class A Common Stock of the Issuer to its general and limited partners. |
| F9 | These shares are held of record by AH Parallel V, for itself and as nominee for AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., and AH Parallel Fund V-Q, L.P. (collectively, the "AH Parallel Fund V Entities"). AH Equity Partners V (Parallel), L.L.C. ("AH EP V Parallel"), the general partner of the AH Parallel Fund V Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund V Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP V Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund V Entities. |
| F10 | (Continued from Footnote 9) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund V Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| F11 | These shares are held of record by the 1997 Horowitz Family Trust, of which Benjamin Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Benjamin Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| F12 | These shares are held of record by the Horowitz 2020 Dynasty Trust. Benjamin Horowitz may be deemed to have shared voting and dispositive power over the shares held by this trust. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| F13 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis, and has no expiration date. |
This Form 4 is the first of three Forms 4 filed relating to the same event. Combined, the three reports report the holdings for the following Reporting Persons: Andreessen Horowitz Fund IV, L.P., Andreessen Horowitz Fund IV-A, L.P., Andreessen Horowitz Fund IV-B, L.P., Andreessen Horowitz Fund IV-Q, L.P., Andreessen Horowitz LSV Fund I, L.P., Andreessen Horowitz LSV Fund I-B, L.P., Andreessen Horowitz LSV Fund I-Q, L.P., AH Parallel Fund IV, L.P., AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., AH Parallel Fund IV-Q, L.P., AH Parallel Fund V, L.P., AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., AH Parallel Fund V-Q, L.P., Andreessen Horowitz LSV Fund III, L.P., Andreessen Horowitz LSV Fund III-B, L.P., AH 2022 Annual Fund, L.P., AH Equity Partners IV, L.L.C., AH Equity Partners LSV I, L.L.C., AH Equity Partners IV (Parallel), L.L.C., AH Equity Partners V (Parallel), L.L.C., AH Equity Partners LSV III, L.L.C., AH Equity Partners 2022 Annual Fund, L.L.C. and Benjamin Horowitz. This Form 4 has been split into three filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.