<SEC-DOCUMENT>0001104659-23-089830.txt : 20230810
<SEC-HEADER>0001104659-23-089830.hdr.sgml : 20230810
<ACCEPTANCE-DATETIME>20230810163015
ACCESSION NUMBER:		0001104659-23-089830
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230808
FILED AS OF DATE:		20230810
DATE AS OF CHANGE:		20230810

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Section 32 Fund 1, LP
		CENTRAL INDEX KEY:			0001691436
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40161
		FILM NUMBER:		231160017

	BUSINESS ADDRESS:	
		STREET 1:		169 UNIVERSITY AVE.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301
		BUSINESS PHONE:		(650) 297-0722

	MAIL ADDRESS:	
		STREET 1:		169 UNIVERSITY AVE.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Section 32 GP 1, LLC
		CENTRAL INDEX KEY:			0001691437
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40161
		FILM NUMBER:		231160016

	BUSINESS ADDRESS:	
		STREET 1:		169 UNIVERSITY AVE.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301
		BUSINESS PHONE:		(650) 297-0722

	MAIL ADDRESS:	
		STREET 1:		169 UNIVERSITY AVE.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Maris William J
		CENTRAL INDEX KEY:			0001722210

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40161
		FILM NUMBER:		231160015

	MAIL ADDRESS:	
		STREET 1:		2033 SAN ELIJO AVE., #565
		CITY:			CARDIFF-BY-THE-SEA
		STATE:			CA
		ZIP:			92007

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Dave Inc./DE
		CENTRAL INDEX KEY:			0001841408
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2323383-1_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-08-08</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001841408</issuerCik>
        <issuerName>Dave Inc./DE</issuerName>
        <issuerTradingSymbol>DAVE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001691436</rptOwnerCik>
            <rptOwnerName>Section 32 Fund 1, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>169 UNIVERSITY AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PALO ALTO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001691437</rptOwnerCik>
            <rptOwnerName>Section 32 GP 1, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>169 UNIVERSITY AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PALO ALTO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001722210</rptOwnerCik>
            <rptOwnerName>Maris William J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>169 UNIVERSITY AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PALO ALTO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-08-08</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>297771</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>5.7348</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2588232</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On January 5, 2023, the Issuer effected a 1-for-32 reverse stock split of its Class A Common Stock (the &quot;Reverse Stock Split&quot;). As a result of the Reverse Stock Split, every 32 shares of Class A Common Stock issued or outstanding were automatically reclassified into one validly issued, fully-paid and nonassessable new share of Class A Common Stock, with no fractional shares issued.</footnote>
        <footnote id="F2">The reported securities are held of record by Section 32 Fund 1, LP (&quot;Fund 1&quot;). Section 32 GP 1, LLC (the &quot;GP&quot;), the general partner of Fund 1, and William J. Maris, the managing member of the GP, may be deemed to share voting and dispositive power over the shares held by Fund 1. Such persons and entities disclaim the existence of a &quot;group&quot; and beneficial ownership of shares held by Fund 1 except to the extent of any pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Nina Labatt, officer of Section 32 GP 1, L.L.C. on behalf of Section 32 Fund 1, L.P.</signatureName>
        <signatureDate>2023-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Nina Labatt, officer of Section 32 GP 1, L.L.C.</signatureName>
        <signatureDate>2023-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Nina Labatt, as Attorney-in-Fact for William J. Marris</signatureName>
        <signatureDate>2023-08-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
