Company: BLND
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001855747-25-000024
Chunk: 51

Company: Blend Labs, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 51
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,123,242 shares of Class A common stock held of record by Haveli Brooks Aggregator, L.P. ("Haveli Aggregator"), (ii) 130,000 shares of Class A common stock held of record through a family trust of which Mr. Sheth’s spouse is the trustee, (iii) 46,153,845 shares of Class A common stock issuable upon conversion of 150,000 shares of Series A Convertible Preferred Stock, par value $0.00001 per share (“Series A Preferred Stock”) held of record by Haveli Aggregator and (ii) 11,111,112 shares of Class A common stock issuable upon conversion of warrants with an exercise price of $4.50 per share held by Haveli Aggregator. Haveli Investments Software Fund I GP, LLC ("Haveli Investments Software GP"), is the general partner of Haveli Aggregator. Whanau Interests LLC ("Whanau") is the sole member of Haveli Investments Software GP. Haveli Software Management LLC ("Haveli Software Management") is the investment adviser to Haveli Investments Software GP. Haveli Investment Management LLC ("Haveli Investment Management"), a Delaware limited liability company, is the sole member of Haveli Software Management. Haveli Investments, L.P. ("Haveli Investments") is the sole member of Haveli Investment Management. Whanau is the general partner of Haveli Investments. Mr. Brian N. Sheth is managing member of Whanau. As a result, Haveli Investments Software GP, Whanau, Haveli Software Management, Haveli Investments, Haveli Investment Management and Mr. Sheth may each be deemed to share voting and dispositive power with respect to the securities held by Haveli Aggregator. Haveli Investments Software GP, Whanau, Haveli Software Management, Haveli Investments, Haveli Investment Management and Mr. Sheth each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.

(7) Consists of (i) 78,797,509 shares of Class A common stock beneficially owned by our current executive officers and directors, of which 46,153,845 shares of Class A common stock are issuable upon conversion of 150,000 shares of Series A Preferred Stock and 11,111,112 shares of Class A common stock are issuable upon