Pale Fire Capital SE

Position in CMRC — Commerce.com, Inc.

CIK 1922318 Prague, 2N

Position in CMRC

as of Mar 31, 2026 · filed May 14, 2026 Compact

Position Value

$7,882,090

+$4,796,519 QoQ

Shares Held

2,952,094

+294.2% QoQ

Ownership

3.58%

of shares outstanding

% of Portfolio

0.69%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Sep 2025

3 quarters on record

Voting authority Sole 0% Shared 100% None 0%

Technology · as of Mar 31, 2026

Pale Fire Capital SE holds $59,760,832 across 4 Software - Application names. CMRC ranks #2 (13.2% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	LSPD	Lightspeed Commerce Inc.	5,524,591	$49,500,335
2	CMRC	Commerce.com, Inc. This page	2,952,094	$7,882,090
3	SPT	Sprout Social, Inc.	343,841	$1,959,893
4	EXFY	Expensify, Inc.	481,051	$418,514

3 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$7,882,090	2,952,094	+294.2%	Shares	Defined	2026-05-14
2025-12-31	$3,085,571	748,925	+150.8%	Shares	Defined	2026-02-13
2025-09-30	$1,490,168	298,631	—	Shares	Defined	2025-11-13
No filing history on record for this holder in this stock.