Magnetar Financial LLC - Jan 16, 2024 Form 4 Insider Report for Churchill Capital Corp VII (CVII)

Role
10%+ Owner
Signature
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP, which is in turn the Sole Member of Magnetar Financial LLC
Stock symbol
CVII
Transactions as of
Jan 16, 2024
Transactions value $
-$2,118
Form type
4
Date filed
1/18/2024, 04:12 PM
Previous filing
Oct 19, 2023
Next filing
Aug 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVII Class A Common Stock Sale -$548 -52 0% $10.53 4.37M Jan 16, 2024 See Footnotes F1, F2, F3, F4
transaction CVII Class A Common Stock Sale -$84 -8 0% $10.53 668K Jan 16, 2024 See Footnotes F1, F2, F3, F5
transaction CVII Class A Common Stock Sale -$221 -21 0% $10.53 1.75M Jan 16, 2024 See Footnotes F1, F2, F3, F6
transaction CVII Class A Common Stock Sale -$200 -19 0% $10.53 1.52M Jan 16, 2024 See Footnotes F1, F2, F3, F7
transaction CVII Class A Common Stock Sale -$548 -52 0% $10.54 4.37M Jan 17, 2024 See Footnotes F1, F2, F3, F4
transaction CVII Class A Common Stock Sale -$95 -9 0% $10.54 668K Jan 17, 2024 See Footnotes F1, F2, F3, F5, F8
transaction CVII Class A Common Stock Sale -$221 -21 0% $10.54 1.75M Jan 17, 2024 See Footnotes F1, F2, F3, F6
transaction CVII Class A Common Stock Sale -$200 -19 0% $10.54 1.52M Jan 17, 2024 See Footnotes F1, F2, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Magnetar Constellation Master Fund, Ltd, a Cayman Islands exempted company, Magnetar Lake Credit Fund LLC, a Delaware limited liability company, Magnetar Structured Credit Fund, LP, a Delaware limited partnership, and Magnetar Xing He Master Fund Ltd, a Cayman Islands exempted company (collectively, the "Magnetar Funds").
F2 Magnetar Capital Partners LP ("Magnetar Capital Partners"), a Delaware limited partnership, is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management"), a Delaware limited liability company, is the general partner of Magnetar Capital Partners. The manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
F3 Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of the Issuer's Class A Common Stock.
F4 These securities are held directly by Magnetar Constellation Master Fund, Ltd.
F5 These securities are held directly by Magnetar Lake Credit Fund LLC.
F6 These securities are held directly by Magnetar Structured Credit Fund, LP.
F7 These securities are held directly by Magnetar Xing He Master Fund Ltd.
F8 This transaction was executed in multiple trades at prices ranging from $10.54 to $10.55, inclusive. The price reported reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares of Class A Common Stock sold at each separate price within the range set forth in footnote (8) of this Form 4.

Remarks:

A joint filing agreement was filed as Exhibit 99.1 to the Form 3 jointly filed with the SEC by the Reporting Persons on May 26, 2023 and is incorporated by reference herein.