Item 4. Purpose of Transaction.
This Amendment supplements Item 4 of the Schedule 13D by adding the following paragraph:
On December 10, 2024, WPH and Wildcat Capital Management, LLC each entered into a Share Repurchase Agreement with the Issuer (the “Share Repurchase Agreements”). Pursuant to the Share Repurchase Agreements, the Issuer agreed to repurchase 961,532 shares of Class A Common Stock from WPH at a price of $7.00 per share, for total proceeds of $6,730,724.00 and 18,316 shares of Class A Common Stock from Wildcat Capital Management, LLC at a price of $7.00 per share, for total proceeds of $128,212.00. The Share Repurchase Agreements contain customary representations and warranties, and closed on December 10, 2024. The Share Repurchase Agreements are attached hereto as Exhibits 6 and 7.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Original Schedule 13D is amended and restated in its entirety as follows:
The information set forth in Items 2, 3 and 4 is hereby incorporated by reference into this Item 5. The responses set forth on rows 7 through 13 of the cover pages of this Statement are incorporated by reference in this Item 5.
(a) and (b) The Reporting Persons do not beneficially own any shares of Class A Common Stock.
(c) Except as set forth in Item 4, the Reporting Persons have not, and to the knowledge of the Reporting Persons, without independent verification, no person named in Item 2 hereof has, effected any transactions in securities of the Issuer during the past 60 days.
(d) The Reporting Persons do not beneficially own any shares of Class A Common Stock.
(e) December 10, 2024.
Item 7. Materials to be Filed as Exhibits.
This Amendment amends and supplements Item 7 of the Schedule 13D by adding the following:
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Exhibit No. | | Description |
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6. | | Stock Repurchase Agreement between Wildcat Partner Holdings, LP and the Issuer. |
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7. | | Stock Repurchase Agreement between Wildcat Capital Management, LLC and the Issuer. |