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    New insider Wc Special Situations Fund, Llc claimed ownership of 800,000 shares (SEC Form 3)

    9/22/25 5:04:18 PM ET
    $STUB
    Services-Misc. Amusement & Recreation
    Consumer Discretionary
    Get the next $STUB alert in real time by email
    SEC FORM 3 SEC Form 3
    FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0104
    Estimated average burden
    hours per response: 0.5
    1. Name and Address of Reporting Person*
    WC Special Situations Fund, LLC

    (Last) (First) (Middle)
    590 PACIFIC AVENUE

    (Street)
    SAN FRANCISCO CA 94133

    (City) (State) (Zip)
    2. Date of Event Requiring Statement (Month/Day/Year)
    09/18/2025
    3. Issuer Name and Ticker or Trading Symbol
    StubHub Holdings, Inc. [ STUB ]
    4. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    Director 10% Owner
    Officer (give title below) X Other (specify below)
    (See Remarks)
    5. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Beneficially Owned
    1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
    Class A Common Stock, par value $0.001 per share 800,000 D
    Table II - Derivative Securities Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
    Date Exercisable Expiration Date Title Amount or Number of Shares
    Explanation of Responses:
    Remarks:
    WC Special Situations Fund, LLC ("WC Special Situations") holds the shares of Class A Common Stock reported herein. WestCap Management, LLC ("WestCap") is the managing member of WC Special Situations. Laurence A. Tosi may be deemed to hold voting and investment control over the shares held by WC Special Situations. Neither WestCap nor Laurence A. Tosi have any pecuniary interest in the shares held by WC Special Situations. WestCap and Laurence A. Tosi are separately filing reports under Section 16 of the Securities Exchange Act of 1934, as amended.
    WC Special Situations Fund, LLC, By: WestCap Management, LLC, its Manager, By: Laurence A. Tosi, its Managing Member /s/ Laurence A. Tosi 09/22/2025
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $STUB alert in real time by email

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