Taconic Capital Advisors LP - May 16, 2023 Form 3 Insider Report for Churchill Capital Corp VI (CCVI)

Role
10%+ Owner
Signature
TACONIC CAPITAL ADVISORS L.P. By: /s/ Frank Brosens
Stock symbol
CCVI
Transactions as of
May 16, 2023
Transactions value $
$0
Form type
3
Date filed
8/17/2023, 02:23 PM
Previous filing
Mar 29, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CCVI Class A Ordinary Shares 3.13M May 16, 2023 See Remarks F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 3 is being filed to solely due to the redemption of 27,690,293 shares of the Company's Class A ordinary shares on May 16, 2023, by Company stockholders other than the Reporting Persons (the "Redemptions"). The Redemptions were effectively reported by the Company in a Form 8-K filed on May 16, 2023 which also noted that there were 27,509,707 Class A ordinary shares, following the Redemption. On August 11, 2023, the Company filed a 10-Q reporting that as of June 30, 2023 there were 27,509,707 Class A ordinary shares, which reflected the Redemption, after which the Reporting Person had knowledge that its aggregate beneficial ownership was above 10%. The Reporting Persons have not acquired shares of the Company's Class A ordinary shares, units or warrants since being pushed over 10% due to the Redemptions.

Remarks:

This Statement relates to Company's Class A ordinary shares held for the accounts of Taconic Opportunity Master Fund L.P. (Taconic Opportunity Fund) and Taconic Master Fund 1.5 L.P. (Taconic Event Fund, and together with Taconic Opportunity Fund, the Taconic Funds). Taconic Capital Advisors L.P. (Taconic Advisors LP) serves as the investment manager to each of the Taconic Funds. Taconic Advisors LP has entered into a sub-advisory agreement with Taconic Capital Advisors UK LLP (Taconic Advisors UK) pursuant to which Taconic Advisors UK serves as a subadvisor to Taconic Advisors LP in respect of each of the Taconic Funds. Taconic Advisors LP is the manager of Taconic Capital Services UK Ltd, the UK parent entity of Taconic Advisors UK. Accordingly, each of Taconic Advisors LP and Taconic Advisors UK may be deemed a beneficial owner of the Shares held for the accounts of the Taconic Funds. Taconic Capital Performance Partners LLC (Taconic Partners) serves as the general partner to Taconic Advisors LP. Taconic Associates LLC (Taconic Associates) serves as the general partner to Taconic Opportunity Fund, and accordingly may be deemed a beneficial owner of the Shares held for the account of Taconic Opportunity Fund. Taconic Capital Partners LLC (Taconic Capital) serves as the general partner to Taconic Event Fund, and accordingly may be deemed a beneficial owner of the Shares held for the account of Taconic Event Fund. Mr. Brosens is a principal of Taconic Advisors LP and a manager of each of Taconic Partners, Taconic Associates and Taconic Capital. In such capacities, Mr. Brosens may be deemed a beneficial owner of the Shares held for the accounts of the Taconic Funds.