# EDGAR Filing Document

**Accession Number:** 0001841408
**File Stem:** 0000919574-25-004710
**Filing Date:** 2025-8
**Character Count:** 18200
**Document Hash:** ee196024ba1c633befcbffe060787fd1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-004710.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0000919574-25-004710

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dave Inc./DE
- **CENTRAL INDEX KEY:** 0001841408
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92609
- **FILM NUMBER:** 251213591

**BUSINESS ADDRESS:**
- **STREET 1:** 1265 SOUTH COCHRAN AVENUE
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90019
- **BUSINESS PHONE:** 8448573283

**MAIL ADDRESS:**
- **STREET 1:** 1265 SOUTH COCHRAN AVENUE
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VPC Impact Acquisition Holdings III, Inc.
- **DATE OF NAME CHANGE:** 20210120
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Divisadero Street Capital Management, LP
- **CENTRAL INDEX KEY:** 0001901865

**ORGANIZATION NAME:**
- **EIN:** 872846246
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 3480 MAIN HIGHWAY
- **STREET 2:** SUITE 204
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33133
- **BUSINESS PHONE:** 415-378-0636

**MAIL ADDRESS:**
- **STREET 1:** 3480 MAIN HIGHWAY
- **STREET 2:** SUITE 204
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33133

## Ex-99

<u>Exhibit A</u>

<u>JOINT FILING AGREEMENT</u>

The undersigned agree that this Amendment No. 2 to Schedule 13G dated August 13, 2025 relating to the Class A common stock, par value $0.0001, of Dave Inc. shall be filed on behalf of the undersigned.

---

| |
|:---|
| &nbsp;&nbsp; DIVISADERO STREET CAPITAL MANAGEMENT, LP<br>By: Divisadero Street Capital, LLC, its general partner<br>By: /s/ William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Manager |

---

---

| |
|:---|
| &nbsp;&nbsp; DIVISADERO STREET CAPITAL, LLC<br>By: /s/ William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Manager |

---

&nbsp;&nbsp; WILLIAM ZOLEZZI<br>By: /s/ William Zolezzi<br>

---

| |
|:---|
| &nbsp;&nbsp; DIVISADERO STREET PARTNERS, L.P.<br>By: Divisadero Street Partners GP, LLC, its general partner<br>By: /s/ William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Manager |

---

---

| |
|:---|
| &nbsp;&nbsp; DIVISADERO STREET PARTNERS GP, LLC<br>By: /s/ William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: William Zolezzi |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Manager |

---

## Ex-99

<u>Exhibit B</u>

<u>CONTROL PERSON IDENTIFICATION</u>

Divisadero Street Capital Management, LP is the relevant entity for which each of William Zolezzi and Divisadero Street Capital, LLC may be considered a control person.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Issuer:** Dave Inc.

**Title of Class of Securities:** Class A common stock, par value $0.0001

**CUSIP Number:** 23834J201

**Date of Event Which Requires Filing of this Statement:** 06/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Divisadero Street Capital Management, LP | Names of Reporting Persons<br>Divisadero Street Capital Management, LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>534590.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>534590.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>534590.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>534590.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.5% | Percent of Class Represented by Amount in Row (9)<br>4.5% |
| 12. | Type of Reporting Person (See Instructions)<br>IA, PN | Type of Reporting Person (See Instructions)<br>IA, PN |

---

| 1. | Names of Reporting Persons<br>William Zolezzi | Names of Reporting Persons<br>William Zolezzi |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>534590.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>534590.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>534590.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>534590.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.5% | Percent of Class Represented by Amount in Row (9)<br>4.5% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, IN | Type of Reporting Person (See Instructions)<br>HC, IN |

---

| 1. | Names of Reporting Persons<br>Divisadero Street Partners, L.P. | Names of Reporting Persons<br>Divisadero Street Partners, L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>439590.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>439590.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>439590.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>439590.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3.7% | Percent of Class Represented by Amount in Row (9)<br>3.7% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Divisadero Street Partners GP, LLC | Names of Reporting Persons<br>Divisadero Street Partners GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>439590.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>439590.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>439590.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>439590.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3.7% | Percent of Class Represented by Amount in Row (9)<br>3.7% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, OO | Type of Reporting Person (See Instructions)<br>HC, OO |

---

| 1. | Names of Reporting Persons<br>Divisadero Street Capital, LLC | Names of Reporting Persons<br>Divisadero Street Capital, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>534590.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>534590.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>534590.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>534590.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.5% | Percent of Class Represented by Amount in Row (9)<br>4.5% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, OO | Type of Reporting Person (See Instructions)<br>HC, OO |

---

**Item 1(a). Name of Issuer:**
Dave Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
1265 South Cochran Ave, Los Angeles, California 90019

**Item 2(a). Name of Person Filing:**
Divisadero Street Capital Management, LP
William Zolezzi
Divisadero Street Partners, L.P.
Divisadero Street Partners GP, LLC
Divisadero Street Capital, LLC

**Item 2(b). Address of Principal Business Office:**
Divisadero Street Capital Management, LP
3480 Main Highway, Suite 204
Miami, FL 33133

William Zolezzic/o Divisadero Street Capital Management, LP
3480 Main Highway, Suite 204
Miami, FL 33133

Divisadero Street Partners, L.P.
3480 Main Highway, Suite 204
Miami, FL 33133

Divisadero Street Partners GP, LLC
3480 Main Highway, Suite 204
Miami, FL 33133

Divisadero Street Capital, LLC
3480 Main Highway, Suite 204
Miami, FL 33133

**Item 2(c). Citizenship:**
Divisadero Street Capital Management, LP - Delaware
William Zolezzi - United States
Divisadero Street Partners, L.P. - Delaware
Divisadero Street Partners GP, LLC - Delaware
Divisadero Street Capital, LLC - Delaware

**Item 2(d). Title of Class of Securities:**
Class A common stock, par value $0.0001

**Item 2(e). CUSIP Number:**
23834J201

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Divisadero Street Capital Management, LP -  534,590
William Zolezzi -  534,590
Divisadero Street Partners, L.P. - 439,590
Divisadero Street Partners GP, LLC - 439,590
Divisadero Street Capital, LLC -  534,590

**(b) Percent of class:**

Divisadero Street Capital Management, LP - 4.5%
William Zolezzi - 4.5%
Divisadero Street Partners, L.P. - 3.7%
Divisadero Street Partners GP, LLC - 3.7%
Divisadero Street Capital, LLC - 4.5%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

Divisadero Street Capital Management, LP - 0
William Zolezzi - 0
Divisadero Street Partners, L.P. - 0
Divisadero Street Partners GP, LLC - 0
Divisadero Street Capital, LLC - 0

**(ii) Shared power to vote or to direct the vote:**

Divisadero Street Capital Management, LP -  534,590
William Zolezzi -  534,590
Divisadero Street Partners, L.P. - 439,590
Divisadero Street Partners GP, LLC - 439,590
Divisadero Street Capital, LLC -  534,590

**(iii) Sole power to dispose or to direct the disposition of:**

Divisadero Street Capital Management, LP - 0
William Zolezzi - 0
Divisadero Street Partners, L.P. - 0
Divisadero Street Partners GP, LLC - 0
Divisadero Street Capital, LLC - 0

**(iv) Shared power to dispose or to direct the disposition of:**

Divisadero Street Capital Management, LP -  534,590
William Zolezzi -  534,590
Divisadero Street Partners, L.P. - 439,590
Divisadero Street Partners GP, LLC - 439,590
Divisadero Street Capital, LLC -  534,590

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

All of the securities reported in this Schedule 13G are directly owned by advisory clients of Divisadero Street Capital Management, LP. None of those advisory clients may be deemed to beneficially own more than 5% of the Class A common stock, $0.0001 par value.

**Item 7. Identification and Classification of the Subsidiary**

Please see Exhibit B attached hereto.

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Divisadero Street Capital Management, LP**

**Date:** 08/13/2025

**By:** By: Divisadero Street Capital LLC, its general partner, By: /s/ William Zolezzi

**Name & Title:** William Zolezzi/Manager

**William Zolezzi**

**Date:** 08/13/2025

**By:** /s/ William Zolezzi

**Name & Title:** William Zolezzi

**Divisadero Street Partners, L.P.**

**Date:** 08/13/2025

**By:** By: Divisadero Street Partners GP, LLC, its general partner, By: /s/ William Zolezzi

**Name & Title:** William Zolezzi/Manager

**Divisadero Street Partners GP, LLC**

**Date:** 08/13/2025

**By:** /s/ William Zolezzi

**Name & Title:** William Zolezzi/Manager

**Divisadero Street Capital, LLC**

**Date:** 08/13/2025

**By:** /s/ William Zolezzi

**Name & Title:** William Zolezzi/Manager