UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 1)

 

The Vita Coco Company, Inc.

 

(Name of Issuer)

 

Common Stock, par value of $0.01 per share

 

(Title of Class of Securities)

 

92846Q107

 

(CUSIP Number)

 

Michael Kirban, Co-Chief Executive Officer and Chairman

The Vita Coco Company, Inc.

250 Park Avenue South, 7th Floor

New York, NY 10003

(212) 208-0763

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

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:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

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. 92846Q10713G Page 2 of 5 Pages

 

1.

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Verlinvest Beverages SA

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) ☐

(b) ☐

3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Belgium

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

 

20,602,363

6.

SHARED VOTING POWER

 

0

7.

SOLE DISPOSITIVE POWER

 

20,602,363

8.

SHARED DISPOSITIVE POWER

 

0

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,602,363

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(see instructions) ☐

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

36.84% (1)

12.

TYPE OF REPORTING PERSON (see instructions)

 

CO

 

(1) Based on 55,924,292 shares of common stock outstanding as of November 7, 2022 as stated in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022 filed with the SEC on November 10, 2022.

 

 
CUSIP No. 92846Q10713G Page 3 of 5 Pages

  

Item 1.

 

  (a)

Name of Issuer

The Vita Coco Company, Inc.

     
  (b)

Address of Issuer’s Principal Executive Offices

250 Park Avenue South

Seventh Floor

New York, NY 10003

 

Item 2.

 

  (a)

Name of Person Filing

This Schedule 13G/A is being filed on behalf of the following reporting persons: (i) Verlinvest Beverages SA, a company incorporated in Belgium.

     
  (b)

Address of the Principal Office or, if none, residence

Place Eugène Flagey 18

1050 Ixelles, Belgium

     
  (c)

Citizenship

Belgium

     
  (d)

Title of Class of Securities

Common stock, par value $0.01 per share.

     
  (e)

CUSIP Number

CUSIP number 92846Q107 has been assigned to the shares of common stock of the Issuer, which are quoted on the Nasdaq Global Select Market under the symbol “COCO.”

 

Item 3.

 

Not applicable.

 

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.

 

  (a) Amount beneficially owned:
      20,602,363
       
  (b) Percent of class:
      36.84% (1)

 

 
CUSIP No. 92846Q10713G Page 4 of 5 Pages

 

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

Sole power to vote or to direct the vote

20,602,363

       
    (ii) Shared power to vote or to direct the vote
      0
       
    (iii) Sole power to dispose or to direct the disposition of
      20,602,363
       
    (iv)

Shared power to dispose or to direct the disposition of

0

 

(1) Based on 55,924,292 shares of common stock outstanding as of November 7, 2022 as stated in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022 filed with the SEC on November 10, 2022.

 

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 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. 92846Q10713G Page 5 of 5 Pages

 

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.

 

 

2/13/2023

  Date
   
  Verlinvest Beverages SA
       
    /s/ Rafael Hulpiau     /s/ Axelle Henry
  Name: Rafael Hulpiau   Name: Axelle Henry
  Title: Joint Proxy-Holder   Title: Joint Proxy-Holder