AQR Capital Management Holdings, LLC - Jun 17, 2024 Form 3 Insider Report for Global Star Acquisition Inc. (GLST)

Role
10%+ Owner
Signature
/s/ AQR CAPITAL MANAGEMENT HOLDINGS, LLC, /s/ Henry Parkin, Authorized Signatory
Stock symbol
GLST
Transactions as of
Jun 17, 2024
Transactions value $
$0
Form type
3
Date filed
6/26/2024, 04:15 PM
Previous filing
Apr 19, 2023
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLST Class A Common Stock 94.7K Jun 17, 2024 AQR Global Alternative Investment Offshore Fund, L.P. F1, F2
holding GLST Class A Common Stock 44.4K Jun 17, 2024 AQR Diversified Arbitrage Fund F1
holding GLST Class A Common Stock 34.4K Jun 17, 2024 AQR Corporate Arbitrage Master Account, L.P. F1, F2
holding GLST Class A Common Stock 23.7K Jun 17, 2024 AQR Tax Advantaged Absolute Return Fund, L.P. F1, F2
holding GLST Class A Common Stock 19.7K Jun 17, 2024 AQR Absolute Return Master Account, L.P. F1, F2
holding GLST Class A Common Stock 15.2K Jun 17, 2024 AQR UCITS Funds - AQR Corporate Arbitrage UCITS Fund F1
holding GLST Class A Common Stock 3.42K Jun 17, 2024 AQR Apex MS Master Account, L.P. F1, F2
holding GLST Class A Common Stock 1.78K Jun 17, 2024 AQR SPAC Opportunities Offshore Fund, L.P. F1, F2
holding GLST Class A Common Stock 1.67K Jun 17, 2024 AQR Tax Aware Legacy Fund, LLC F1, F2
holding GLST Class A Common Stock 670 Jun 17, 2024 AQR DELTA Master Account, L.P. F1, F2
holding GLST Class A Common Stock 454 Jun 17, 2024 AQR Arbitrage MA Offshore Fund, L.P. F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 87.8K $11.50 AQR Global Alternative Investment Offshore Fund, L.P. F1, F2, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 50.1K $11.50 AQR Diversified Arbitrage Fund F1, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 37.2K $11.50 AQR Corporate Arbitrage Master Account, L.P. F1, F2, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 18.9K $11.50 AQR Absolute Return Master Account, L.P. F1, F2, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 5.71K $11.50 AQR Tax Advantaged Absolute Return Fund, L.P. F1, F2, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 2.81K $11.50 AQR UCITS Funds - AQR Corporate Arbitrage UCITS Fund F1, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 1.53K $11.50 AQR SPAC Opportunities Offshore Fund, L.P. F1, F2, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 1.07K $11.50 AQR Tax Aware Legacy Fund, LLC F1, F2, F3, F4
holding GLST Redeemable Warrants Jun 17, 2024 Class A Common Stock 243 $11.50 AQR Arbitrage MA Offshore Fund, L.P. F1, F2, F3, F4
holding GLST Rights Jun 17, 2024 Class A Common Stock 8.78K $0.00 AQR Global Alternative Investment Offshore Fund, L.P. F1, F2, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 5.01K $0.00 AQR Diversified Arbitrage Fund F1, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 3.72K $0.00 AQR Corporate Arbitrage Master Account, L.P. F1, F2, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 1.89K $0.00 AQR Absolute Return Master Account, L.P. F1, F2, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 571 $0.00 AQR Tax Advantaged Absolute Return Fund, L.P. F1, F2, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 281 $0.00 AQR UCITS Funds - AQR Corporate Arbitrage UCITS Fund F1, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 153 $0.00 AQR SPAC Opportunities Offshore Fund, L.P. F1, F2, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 107 $0.00 AQR Tax Aware Legacy Fund, LLC F1, F2, F5
holding GLST Rights Jun 17, 2024 Class A Common Stock 24 $0.00 AQR Arbitrage MA Offshore Fund, L.P. F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC. AQR Arbitrage, LLC is deemed to be controlled by AQR Capital Management, LLC. AQR Capital Management, LLC and AQR Arbitrage, LLC act as investment manager to each of AQR Global Alternative Investment Offshore Fund, L.P., AQR Corporate Arbitrage Master Account, L.P., AQR Tax Advantaged Absolute Return Fund, L.P., AQR Absolute Return Master Account, L.P., AQR Apex MS Master Account, L.P., AQR SPAC Opportunities Offshore Fund, L.P., AQR Tax Aware Legacy Fund, LLC, AQR DELTA Master Account, L.P., AQR Arbitrage MA Offshore Fund, L.P. AQR Capital Management, LLC serves as the investment manager, and AQR Arbitrage, LLC as sub-advisor, to the AQR Diversified Arbitrage Fund, an open-end registered investment company, and to the AQR UCITS Funds - AQR Sustainable Corporate Arbitrage UCITS Fund.
F2 AQR Capital Management GP Ltd. is the general partner of AQR Global Alternative Investment Offshore Fund, L.P. AQR Corporate Arbitrage GP, LLC is the general partner of AQR Corporate Arbitrage Master Account, L.P. AQR Tax Advantaged GP II, LLC is the general partner of AQR Tax Advantaged Absolute Return Fund, L.P. AQR Principal Global Asset Allocation, LLC is the general partner of AQR Absolute Return Master Account, L.P. AQR Apex MS GP, LLC is the general partner of AQR Apex MS Master Account, L.P. AQR SPAC Opportunities GP, LLC is the general partner of AQR SPAC Opportunities Offshore Fund, L.P. AQR Capital Management II, LLC is the general partner of AQR Tax Aware Legacy Fund, LLC. AQR Capital Management III, LLC is the general partner of AQR DELTA Master Account, L.P. CNH Principal Partners I, LLC is the general partner of AQR Arbitrage MA Offshore Fund, L.P.
F3 Each warrant becomes exercisable 30 days after the completion of the issuer's initial business combination.
F4 The warrants expire five years after the completion of the issuer's initial business combination, or earlier upon redemption or liquidation.
F5 The rights will receive one-tenth (1/10) of one share of Class A common stock upon consummation of the issuer's initial business combination.

Remarks:

This Form 3 is being filed due to the redemption of 4,010,928 shares of the issuer's Class A Common Stock by Company stockholders, after which the Reporting Persons' aggregate beneficial ownership was above 10% based on 1,137,006 shares of Class A common stock remaining outstanding, as of June 17, 2024, following such redemption.