Thrive Capital 13F Update, Oscar Health

Rhea-AI Summary

Thrive Capital confirmed that its ownership of Oscar Health, Inc. (NYSE: OSCR) remains unchanged, as disclosed in its Schedule 13D filed on February 4, 2022. The firm holds 4,755,222 shares of Class A Common Stock, a number corrected due to a clerical error in prior filings that included shares of Class B Common Stock erroneously. Class B Common Stock is not classified as a Section 13(f) security. Thrive Capital plans to amend previous 13F filings to rectify this issue.

Positive

• Thrive Capital's ownership of Oscar Health remains stable.
• The correction of share classification clarifies ownership structure.

Negative

• Clerical errors in previous filings may raise concerns about reporting accuracy.

NEW YORK--(BUSINESS WIRE)-- Thrive Capital confirmed today that there have been no changes to its ownership of Oscar Health, Inc. (the "Company") (NYSE: OSCR). Its ownership remains as was disclosed in its Schedule 13D filed with the Securities and Exchange Commission on February 4, 2022 (https://www.sec.gov/Archives/edgar/data/1568651/000119312522028503/d288826dsc13da.htm).

Thrive Capital filed a Form 13F on November 14, 2022 disclosing 4,755,222 shares of Class A Common Stock of the Company. There was a clerical error in previous 13F filings, which inadvertently included shares representing as-converted Class B Common Stock in the number of shares of Class A Common Stock. Class B Common Stock is not a Section 13(f) security.

Thrive Capital intends to amend prior 13F filings to reflect this correction.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221114006168/en/

Kelly Sims

kelly@thrivecap.com

Source: Thrive Capital

FAQ

What is Thrive Capital's ownership status in Oscar Health (OSCR)?

Thrive Capital confirmed that there have been no changes to its ownership of Oscar Health, as per recent disclosures.

How many shares does Thrive Capital hold in Oscar Health?

Thrive Capital holds 4,755,222 shares of Class A Common Stock in Oscar Health.

What was the clerical error in Thrive Capital's previous 13F filings?

The clerical error mistakenly included shares of Class B Common Stock in the count of Class A Common Stock.

When did Thrive Capital file its Schedule 13D for Oscar Health?

Thrive Capital filed its Schedule 13D on February 4, 2022.

What actions is Thrive Capital taking regarding the clerical error?

Thrive Capital intends to amend prior 13F filings to correct the clerical error.