325 Capital Llc - Jun 5, 2023 Form 3 Insider Report for biote Corp. (BTMD)

Role
10%+ Owner
Signature
325 Capital LLC, By /s/ Michael D. Braner, Name: Michael D. Braner, Title: Managing Member
Stock symbol
BTMD
Transactions as of
Jun 5, 2023
Transactions value $
$0
Form type
3
Date filed
6/15/2023, 04:00 PM
Previous filing
May 8, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BTMD Class A common stock, par value $0.0001 per share 658K Jun 5, 2023 By: 325 Capital Master Fund LP F1, F2
holding BTMD Class A common stock, par value $0.0001 per share 3.11M Jun 5, 2023 By: 325 Capital LLC F1, F3
* 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 jointly by 325 Capital Master Fund LP, a Cayman Islands exempted limited partnership ("325 Master Fund"), 325 Capital GP, LLC, a Delaware limited liability company registered as a foreign partnership in the Cayman Islands ("325 Capital GP"), 325 Capital LLC, a Delaware limited liability company ("325"), Michael Braner, a United States citizen, Daniel Friedberg, a United States citizen, and Anil Shrivastava, a United States citizen (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section16 or for any other purpose.
F2 Securities owned directly by 325 Master Fund. 325 Capital GP is the general partner of 325 Master fund, 325 is the investment manager to 325 Master Fund, and each of Messrs. Braner, Friedberg and Shrivastava are Managing Members of 325. As a result of these relationships, all of the Reporting Persons may be deemed to beneficially own the securities owned directly by 325 Master Fund.
F3 Securities owned directly by certain separately managed accounts ("SMA") that are deemed beneficially owned by 325 as a result of 325 serving as the investment manager to such SMA. Each of Messrs. Braner, Friedberg and Shrivastava are Managing Members of 325. As a result of these relationships, all of the Reporting Persons may be deemed to beneficially own the securities beneficially owned by 325.