# EDGAR Filing Document

**Accession Number:** 0001845919
**File Stem:** 0001845919-23-000002
**Filing Date:** 2023-2
**Character Count:** 13934
**Document Hash:** 17b9eb79aa0cbfb1afc314ab2f80cb6a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001845919-23-000002.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001845919-23-000002

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

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lightspeed Commerce Inc.
- **CENTRAL INDEX KEY:** 0001823306
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 981137623
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92093
- **FILM NUMBER:** 23608668

**BUSINESS ADDRESS:**
- **STREET 1:** 700 SAINT-ANTOINE STREET EAST, SUITE 300
- **CITY:** MONTREAL
- **STATE:** Z4
- **ZIP:** H2Y 1A6
- **BUSINESS PHONE:** (514) 907-1801

**MAIL ADDRESS:**
- **STREET 1:** 700 SAINT-ANTOINE STREET EAST, SUITE 300
- **CITY:** MONTREAL
- **STATE:** Z4
- **ZIP:** H2Y 1A6

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lightspeed POS Inc.
- **DATE OF NAME CHANGE:** 20200901
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dasilva Dax
- **CENTRAL INDEX KEY:** 0001845919

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

**MAIL ADDRESS:**
- **STREET 1:** 700 ST-ANTOINE EST
- **STREET 2:** SUITE 300
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Y1A6

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G/A**

**Under the Securities Exchange Act of 1934 (Amendment No. 2)\***

---

| |
|:---|
| **LIGHTSPEED COMMERCE INC.** |
| (Name of Issuer) |
| **SUBORDINATE VOTING SHARES** |
| (Title of Class of Securities) |
| **53229C107** |
| (CUSIP Number) |
| **December 31, 2022** |
| (Date of Event which Requires Filing of this Statement) |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;[ ] Rule 13d-1(b)

&nbsp;&nbsp;&nbsp;&nbsp;[ ] Rule 13d-1(c)

&nbsp;&nbsp;&nbsp;&nbsp;[x] Rule 13d-1(d)

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

CUSIP No. 53229C107 Schedule 13G/A

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.NAME OF REPORTING PERSON |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dax Dasilva |
| &nbsp;&nbsp;&nbsp;&nbsp; 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) [ ] |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) [ ] |
| &nbsp;&nbsp;&nbsp;&nbsp;3. SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp; 4. CITIZENSHIP OR PLACE OF ORGANIZATION |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada |

---

---

| | |
|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. SOLE VOTING POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | &nbsp;&nbsp;&nbsp;&nbsp;14261831(1) |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. SHARED VOTING POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | **&nbsp;&nbsp;&nbsp;&nbsp;** 0 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. SOLE DISPOSITIVE POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | &nbsp;&nbsp;&nbsp;&nbsp;14261831(1) |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. SHARED DISPOSITIVE POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | &nbsp;&nbsp;&nbsp;&nbsp; 0 |

---

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14261831(1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.44%(2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12. TYPE OF REPORTING PERSON |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IN |

---

(1)Consists of 13,961,695 Subordinate Voting Shares beneficially owned by Dax Dasilva, 265,023 Subordinate Voting Shares which Dax Dasilva has the right to acquire within 60 days after December 31, 2022 upon the exercise of stock options, 20,983 Subordinate Voting Shares which Dax Dasilva has the right to acquire within 60 days after December 31, 2022 upon the settlement of restricted share units and 14,130 Subordinate Voting Shares which Dax Dasilva has the right to acquire within 60 days after December 31, 2022 upon the settlement of deferred share units.

(2)Based on 150,718,664 Subordinate Voting Shares outstanding as of December 31, 2022 and the aggregate number of Subordinate Voting Shares that Dax Dasilva may acquire within 60 days of December 31, 2022 through the settlement of restricted share units and deferred share units into Subordinate Voting Shares or the exercise of stock options exercisable into Subordinate Voting Shares.

------

CUSIP No. 53229C107 Schedule 13G/A

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.NAME OF REPORTING PERSON |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DHIDasilva Holdings Inc.  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
| &nbsp;&nbsp;&nbsp;&nbsp; (a) [ ] |
| &nbsp;&nbsp;&nbsp;&nbsp; (b) [ ] |
| &nbsp;&nbsp;&nbsp;&nbsp;3. SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp; 4. CITIZENSHIP OR PLACE OF ORGANIZATION |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada |

---

---

| | |
|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. SOLE VOTING POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | &nbsp;&nbsp;&nbsp;&nbsp;14261831(1) |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. SHARED VOTING POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | **&nbsp;&nbsp;&nbsp;&nbsp;** 0 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. SOLE DISPOSITIVE POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | &nbsp;&nbsp;&nbsp;&nbsp;14261831(1) |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. SHARED DISPOSITIVE POWER |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | &nbsp;&nbsp;&nbsp;&nbsp; 0 |

---

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp; 14261831(1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.44%(2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12. TYPE OF REPORTING PERSON |
| **&nbsp;&nbsp;&nbsp;&nbsp;** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CO |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Dax Dasilva owns all equity interests in DHIDasilva Holdings Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)Based on 150,718,664 Subordinate Voting Shares outstanding as of December 31, 2022 and the aggregate number of Subordinate Voting Shares that Dax Dasilva may acquire within 60 days of December 31, 2022 through the settlement of restricted share units and deferred share units into Subordinate Voting Shares or the exercise of stock options exercisable into Subordinate Voting Shares.

------

CUSIP No. 53229C107 Schedule 13G/A

**Item 1.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp; Name of Issuer:

Lightspeed Commerce Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;Address of Issuer's Principal Executive Offices:

700 Saint-Antoine Street East,

Suite 300

Montréal, Québec, Canada

H2Y 1A6

**Item 2.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)The names of the persons (collectively, the "Reporting Persons") filing this Schedule 13G/A (this "Statement") are:

Dax Dasilva

DHIDasilva Holdings Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)The principal business office for each of the Reporting Persons is:

700 Saint-Antoine Street East,

Suite 300

Montréal, Québec, Canada

H2Y 1A6

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Citizenship

Canada

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Title of Class of Securities

Subordinate Voting Shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)CUSIP Number

53229C107

**Item 3. Filing Category.**

&nbsp;&nbsp;&nbsp;&nbsp;Not applicable

&nbsp;&nbsp;&nbsp;&nbsp;**Item 4. Ownership.**

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)Amount beneficially owned: See Item 9 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Percent of class: See Item 11 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Number of shares as to which the person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)Sole power to vote or to direct the vote: See Item 5 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)Shared power to vote or to direct the vote: See Item 6 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)Sole power to dispose or to direct the disposition of: See Item 7 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)Shared power to dispose or to direct the disposition of: See Item 8 of each cover page.

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

------

CUSIP No. 53229C107 Schedule 13G/A

Not Applicable.

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

Not Applicable.

**Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.**

Not Applicable.

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

Not Applicable.

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

Not Applicable.

**Item 10. Certification.**

Not Applicable.

------

CUSIP No. 53229C107 Schedule 13G/A

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.

Dated: February 10, 2023

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| | |
|:---|:---|
| **Dax Dasilva** | **Dax Dasilva** |
|  | */s/ Dax Dasilva* |
| | Signature |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**DHIDasilva Holdings Inc.** | &nbsp;&nbsp;**DHIDasilva Holdings Inc.** | &nbsp;&nbsp;**DHIDasilva Holdings Inc.** |
|  | &nbsp;&nbsp; */s/ Dax Dasilva* | &nbsp;&nbsp; */s/ Dax Dasilva* |
| | &nbsp;&nbsp;Signature | &nbsp;&nbsp;Signature |
| | &nbsp;&nbsp;Title: | President and Secretary |

---

------

CUSIP No. 53229C107 Schedule 13G/A

Exhibit Index to Schedule 13G/A

Exhibit 1&nbsp;&nbsp;&nbsp;&nbsp;Joint Filing Agreement, dated February 10, 2023, by and among Dax Dasilva and DHIDasilva Holdings Inc.

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**Exhibit 1**

**<u>Joint Filing Agreement</u>**

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree that only one statement containing the information required by Schedule 13G and any further amendments thereto need to be filed with respect to the beneficial ownership by each of the undersigned of shares of Subordinate Voting Shares of Lightspeed Commerce Inc., and further agree that this Joint Filing Agreement be included as an exhibit to the Schedule 13G provided that, as contemplated by Section 13d-1(k)(1)(ii), no person shall be responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

Dated: February 10, 2023

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| | |
|:---|:---|
| **Dax Dasilva** | **Dax Dasilva** |
|  | */s/ Dax Dasilva* |
| | Signature |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**DHIDasilva Holdings Inc.** | &nbsp;&nbsp;**DHIDasilva Holdings Inc.** | &nbsp;&nbsp;**DHIDasilva Holdings Inc.** |
|  | &nbsp;&nbsp; */s/ Dax Dasilva* | &nbsp;&nbsp; */s/ Dax Dasilva* |
| | &nbsp;&nbsp;Signature | &nbsp;&nbsp;Signature |
| | &nbsp;&nbsp;Title: | President and Secretary |

---

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