| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | JUGG | Class B ordinary shares | Disposed to Issuer | $0 | -6.9M | -100% | $0.00 | 1 | Jun 23, 2023 | Class A Ordinary Shares | 6.9M | Direct | F1, F2, F3, F4 |
Juggernaut Sponsor LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | As described in the JAWS Juggernaut Acquistion Corporation's (the "Issuer") registration statement on Form S-1 (File No. 333-253076) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share (the "Class B ordinary shares"), would have automatically converted into Class A ordinary shares, par value $0.0001 per share (the "Class A ordinary shares"), of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, the reporting persons surrendered to the Issuer, for no consideration 6,899,999 Class B ordinary shares. |
| F2 | This form is being filed by the following Reporting Persons: Juggernaut Sponsor LLC ("Juggernaut Sponsor"), Jaws Equity Owner 148, L.L.C. ("Jaws Equity Owner"), PDM Juggernaut Investor, LLC ("PDM Investor"), Barry S. Sternlicht, Paul E. Jacobs, Ph.D. and Derek K. Aberle. |
| F3 | Juggernaut Sponsor is jointly controlled by PDM Investor and Jaws Equity Owner, which share voting and investment discretion with respect to the securities held by Juggernaut Sponsor. PDM Investor is jointly controlled by Paul E. Jacobs, Ph.D. and Derek K. Aberle. Jaws Equity Owner is controlled by Barry S. Sternlicht. Accordingly, each of Dr. Jacobs and Mr. Sternlicht (who also serve on the issuer's board of directors) and Mr. Aberle may be deemed to share dispositive power over the securities held by Juggernaut Sponsor. Because of the relationship among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of any securities reported herein except to the extent of such entity's or such person's pecuniary interest therein. |
| F4 | Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests. |
After giving effect to the Issuer's delisting and deregistration, the Reporting Persons will no longer be subject to Section 16 reporting obligations.