Carronade Capital Management, Lp - Nov 13, 2024 Form 4 Insider Report for Onyx Acquisition Co. I (ONYX)

Role: 10%+ Owner
Signature: Carronade Capital Management, LP /s/ Rinarisa Coronel DeFronze, Chief Compliance Officer & Counsel
Stock symbol: ONYX
Transactions as of: Nov 13, 2024
Transactions value $: -$9,296,572
Form type: 4
Date filed: 11/15/2024, 04:05 PM
Previous filing: Apr 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONYX	Class A Ordinary Shares, par value $0.0001 per share	Other	-$9.3M	-814K	-100%	$11.42	0	Nov 13, 2024	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Carronade Capital Management, Lp is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	In connection with the dissolution and liquidation of the Issuer, the securities directly held by Carronade Capital (as defined below) were deemed cancelled and will represent only the right to receive its prorate share in the Issuer's trust account (after permitted withdrawal of dissolution expenses).
F2	The securities reported herein were directly held by Carronade Capital Master, LP ("Carronade Capital") to which Carronade Capital Management, LP (the "Investment Manager") serves as the investment manager. Mr. Dan Gropper ("Mr. Gropper") is the Managing Member of Carronade Capital Management GP, LLC, the general partner of the Investment Manager. The Investment Manager and Mr. Gropper may be deemed to be the beneficial owners of the securities reported in this Form 4 for purposes of Rule 16a-1(a) of the Securities Exchange Act of 1934. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.

Content

In connection with the dissolution and liquidation of the Issuer, the securities directly held by Carronade Capital (as defined below) were deemed cancelled and will represent only the right to receive its prorate share in the Issuer's trust account (after permitted withdrawal of dissolution expenses).

The securities reported herein were directly held by Carronade Capital Master, LP ("Carronade Capital") to which Carronade Capital Management, LP (the "Investment Manager") serves as the investment manager. Mr. Dan Gropper ("Mr. Gropper") is the Managing Member of Carronade Capital Management GP, LLC, the general partner of the Investment Manager. The Investment Manager and Mr. Gropper may be deemed to be the beneficial owners of the securities reported in this Form 4 for purposes of Rule 16a-1(a) of the Securities Exchange Act of 1934. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.