Capital V LLC Launches 8.5M Share Secondary Offering of Viant Technology
DSP sits 53% above its 52-week low of $8.11.
Summary
Capital V LLC, the Vanderhook family entity, is selling 8.5 million shares of Viant Technology in an underwritten secondary offering. The company receives no proceeds from the base offering but may receive proceeds if underwriters exercise their option for 1.275 million additional shares.
Key Events · Financing and Capital Events · DSP
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Capital V LLC Sells 8.5M Shares
Capital V LLC, controlled by Tim, Chris, and Russ Vanderhook, is offering 8.5 million shares of Class A common stock in an underwritten secondary offering. The company receives no proceeds from these sales.
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Underwriters' Option for 1.275M Shares
Underwriters have a 30-day option to purchase up to 1,275,000 additional shares directly from the company at the public offering price less underwriting discount. Proceeds would go to the company for working capital and general corporate purposes.
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Economic Interest Shifts to 44.5%
The offering increases Viant Technology Inc.'s economic interest in Viant Technology LLC from 31.7% to approximately 44.5%, reducing the exchangeable Class B unit overhang from 68.3% to 55.5%.
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90-Day Lock-Up Agreements
The company, all directors and officers, and the selling stockholder have agreed to 90-day lock-up restrictions, limiting additional insider selling pressure in the near term.
Analysis · DSP · Technology
Capital V LLC, the entity controlled by the Vanderhook brothers, is selling 8.5 million shares of Viant Technology Class A common stock in an underwritten offering. The company receives no proceeds from the base offering, but the underwriters have a 30-day option to purchase up to 1.275 million additional shares directly from the company. The offering increases Viant Technology Inc.'s economic interest in its operating subsidiary from 31.7% to approximately 44.5%, a structural shift that reduces the overhang of exchangeable Class B units. The last reported sale price was $12.60 on September 15, 2026, versus today's price of $12.37. This is a significant insider distribution event, though the 90-day lock-up agreements temper near-term selling pressure.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 29.6% of the 1716 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.32%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DSP was trading at $12.37 on NASDAQ in the Technology sector, with a market capitalization of approximately $823.1M. The 52-week trading range was $8.11 to $14.80. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.