Lynrock Lake LP Reports 18.4% Stake in Yext, Inc. Following Issuer Share Repurchase

Lynrock Lake LP, along with Lynrock Lake Partners LLC and Cynthia Paul, has filed an amended Schedule 13G (Amendment No. 6) disclosing a significant ownership stake in Yext, Inc. as of March 31, 2026. The reporting persons collectively beneficially own 18,188,607 shares of Common Stock, representing 18.4% of the class. This ownership percentage is calculated based on 123,345,128 shares outstanding as of February 23, 2026, adjusted downward by 24,347,826 shares repurchased by the issuer in a recent tender offer. The shares are held directly by Lynrock Lake Master Fund LP, with Lynrock Lake LP acting as the investment manager. Cynthia Paul, as the Chief Investment Officer of the Investment Manager and Sole Member of the general partner, holds shared power to vote and dispose of the securities. The filing indicates the shares were acquired in the ordinary course of business without the intent to change or influence control of the issuer. This filing represents a substantial increase in reported ownership percentage compared to previous filings, largely driven by the issuer's share repurchase activity.