SCHEDULE: Iron Gate Management Reduces Urgent.ly Stake Below 5%

Iron Gate Management LLC and its affiliates have reported a reduction in their beneficial ownership of Urgent.ly Inc. common stock to below 5% following a pro rata distribution of shares.

Summary

• Iron Gate Management LLC, Ryan Pollock, and Doug Fahoury (the "Reporting Persons") filed an Amendment No. 1 to their Schedule 13G for Urgent.ly Inc.
• The amendment reports a pro rata distribution of 76,735 shares of Common Stock by Iron Gate Urgently to its members on August 29, 2025.
• Following this distribution, the Reporting Persons collectively ceased to beneficially own more than five percent of Urgent.ly Inc.'s Common Stock.
• As of November 17, 2025, Iron Gate Management LLC beneficially owns 0 shares, Doug Fahoury owns 235 shares (0.01%), and Ryan Pollock owns 7,885 shares (0.36%).
• The percentage ownership is based on 2,190,945 shares of Common Stock outstanding as of November 10, 2025, as reported by Urgent.ly Inc. in its Quarterly Report on Form 10-Q.

Sentiment

Score: 5

Explanation: The filing is an administrative update regarding a change in beneficial ownership, not containing performance or strategic information that would typically influence sentiment positively or negatively.

Future Outlook

NA

Industry Context

This administrative filing primarily concerns a change in beneficial ownership reporting thresholds and does not provide information directly related to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The distribution of shares by Iron Gate Urgently to its members results in a broader distribution of ownership, potentially increasing liquidity for those specific shares.

Key Dates

Keywords

Urgent.ly Inc., Schedule 13G/A, beneficial ownership, share distribution, Iron Gate Management LLC, common stock, SEC filing