VR Global Partners, L.P. - 21 Jul 2023 Form 4 Insider Report for Onyx Acquisition Co. I

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Jul 2023, 20:00:12 UTC
Prior SEC filing
13 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
VR GLOBAL PARTNERS, L.P., By: VR Advisory Services Ltd, its general partner, Name: /s/ Richard Deitz, Title: Authorized Person

Key filing fact

VR Global Partners, L.P. filed Form 4 for Onyx Acquisition Co. I on 25 Jul 2023.

Key facts

  • This page summarizes VR Global Partners, L.P.'s Form 4 filing for Onyx Acquisition Co. I.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 25 Jul 2023, 20:00.

Change

  • Previous filing in this sequence was filed on 13 Apr 2023.
  • Current net transaction value: -$16,275,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ONYX transaction

Common Stock

Other

Transaction value
$16,275,000
Shares
-1,500,000
Change %
-100%
Price
$10.85
Shares after
0
Date
21 Jul 2023
Ownership
See Footnotes
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

VR Global Partners, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On July 21, 2023, the Reporting Persons (as defined below) exercised their right to redeem their shares. Onyx Acquisition Co. I (the "Issuer") disclosed that the redemption price was approximately $10.85 in its Current Report on Form 8-K filed with the Securities and Exchange Commission on July 24, 2023. It is possible that the final price redemption proceeds may be adjusted before final payout.

Footnote F2

This Form 4 is being filed by (i) VR Global Partners, L.P. (the "Fund"), (ii) VR Advisory Services Ltd ("VR"), (iii) VR Capital Participation Ltd. ("VRCP"), (iv) VR Capital Group Ltd. ("VRCG"), (v) VR Capital Holdings Ltd. ("VRCH"), and (vi) Richard Deitz (collectively with the Fund, VR, VRCP, VRCG and VRCH, the "Reporting Persons"). VR is the general partner and investment adviser of the Fund. VRCP is the sole shareholder of VR. VRCG is the sole shareholder of VRCP. VRCH is the sole shareholder of VRCG. Mr. Deitz is the principal of VR, VRCP, VRCG and VRCH. This statement relates to shares of Class A Ordinary Shares, $0.0001 par value per share, of the Issuer previously held by the Fund.

Footnote F3

The filing of this statement shall not be deemed an admission that any of the Reporting Persons was the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. For purposes of this filing, each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

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