Role
10%+ Owner
Signature
Ascend Global Investment Fund SPC for and on behalf of Strategic SP /s/ Mulyadi Tjandra By: Mulyadi Tjandra Title: Director
Stock symbol
FEAM
Transactions as of
Jan 18, 2024
Transactions value $
$0
Form type
3
Date filed
1/29/2024, 05:07 PM
Next filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FEAM Common Stock 5.37M Jan 18, 2024 See footnotes F1, F3

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 FEAM Convertible Notes Jan 18, 2024 Common Stock 33.1M See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock, par value $0.01 per share (the "Common Stock") of 5E Advanced Materials, Inc., a Delaware corporation (the "Issuer") are held of record by Ascend Global Investment Fund SPC for and on behalf of Strategic SP ("Ascend Global").
F2 Ascend Global and Meridian Investments Corporation ("Meridian") each purchased $15,890,325 aggregate principal amount of the Issuer's 4.50% senior secured convertible notes (the "Convertible Notes") from BEP Special Situations IV LLC ("BEP") pursuant to the Amended and Restated Note Purchase Agreement (the "Amended and Restated Note Purchase Agreement"), dated of January 18, 2024, by and among the Issuer, BEP, Ascend Global and Meridian. All or any portion of the Convertible Notes may be converted at Ascend's and Meridian's election at any time prior to the close of business on the business day immediately preceding the maturity date. Each of Ascend Global and Meridian is the record holder of Convertible Notes that are currently convertible into 16,565,405.25 shares of Common Stock, issuable upon conversion of the outstanding principal of and paid-in-kind interest accrued on the Convertible Notes, and assuming all interest is paid-in-kind until the maturity date.
F3 Ascend Global is the sole shareholder of Meridian, and as a result may be deemed to share beneficial ownership of the securities held of record by Meridian. Ascend Financial Holdings Limited is the sole shareholder of Ascend Capital Advisors (S) Pte. Ltd., which is the sole partner of Ascend Global. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the securities beneficially owned by Ascend Global. By virtue of his control of Ascend Financial, Mr. Susanto may also be deemed to share beneficial ownership of the securities beneficially owned by Ascend Global under Section 13(d) of the Securities Exchange Act of 1934 (as amended) and the rules promulgated by the U.S. Securities and Exchange Commission thereunder. Mr. Susanto disclaims beneficial ownership of the securities beneficially owned by Ascend Global.