This statement is filed on behalf of each of the following person (collectively, the “Reporting Persons”):
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i)
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Magnetar Financial LLC (“Magnetar Financial”);
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ii)
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Magnetar Capital Partners LP (Magnetar Capital Partners”);
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iii)
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Supernova Management LLC (“Supernova Management”); and
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iv)
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David J. Snyderman (“Mr. Snyderman”).
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This statement relates to the Shares (as defined herein) held for Magnetar Constellation Master Fund, Ltd (“Constellation Master Fund”), a Cayman Islands exempted company, Magnetar Lake Credit Fund LLC (“Lake Credit
Fund”), a Delaware limited liability company, Magnetar Structured Credit Fund, LP (“Structured Credit Fund”), a Delaware limited partnership, and Magnetar Xing He Master Fund Ltd (“Xing He Master Fund”), a Cayman Islands exempted company;
collectively (the “Magnetar Funds”). Magnetar Financial serves as the investment adviser to the Magnetar Funds, and as such, Magnetar Financial exercises voting and investment power over the Shares held for the Magnetar Funds’ accounts. Magnetar
Capital Partners serves as the sole member and parent holding company of Magnetar Financial. Supernova Management is the general partner of Magnetar Capital Partners. The manager of Supernova Management is Mr. Snyderman.
Item 2(b) |
Address of Principal Business Office.
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The address of the principal business office of each of the Reporting Persons is 1603 Orrington Avenue, 13th Floor, Evanston, Illinois 60201.
Item 2(c) |
Place of Organization.
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i) |
Magnetar Financial is a Delaware limited liability company;
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ii) |
Magnetar Capital Partners is a Delaware limited partnership;
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iii) |
Supernova Management is a Delaware limited liability company; and
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iv) |
Mr. Snyderman is a citizen of the United States of America.
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Item 2(d) |
Title of Class of Securities.
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Class A common stock, par value $0.0001 (“Shares”)
17144M102
(e) ⌧ An investment adviser in accordance with §240.13d–1(b)(1)(ii)(E)
(g) ⌧ A parent holding company or control person in accordance with §240.13d–1(b)(1)(ii)(G)
Item 4(a) |
Amount Beneficially Owned:
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As of May 31, 2023, each of Magnetar Financial, Magnetar Capital Partners, Supernova Management and Mr. Snyderman held 8,306,206 Shares. The amount consists of (A) 4,370,571 Shares held for the account of
Constellation Master Fund; (B) 668,318 Shares held for the account of Lake Credit Fund; (C) 1,750,348 Shares held for the account of Structured Credit Fund; and (D) 1,516,969 Shares held for the account of Xing He Master Fund. The Shares held by
the Magnetar Funds represent approximately 14.32% of the total number of Shares outstanding (calculated pursuant to Rule 13d-3(d)(1)(i) of the outstanding shares of the Issuer).
Item 4(b) |
Percent of Class:
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(i) As of May 31, 2023, each of the Reporting Persons were deemed to be the beneficial owner constituting approximately 14.32% of the total number of Shares outstanding (based upon the information provided by the
Issuer in its current report on Form 8-K filed with the SEC on May 16, 2023, there were 58,016,071 Shares outstanding as of May 16, 2023).
Item 4(c) |
Number of Shares of which such person has:
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Magnetar Financial, Magnetar Capital Partners, Supernova Management, and Mr. Snyderman:
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i)
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Sole power to vote or to direct the vote: 0
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ii)
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Shared power to vote or to direct the vote: 8,306,206
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iii)
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Sole power to dispose or to direct the disposition of: 0
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iv)
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Shared power to dispose or to direct the disposition of: 8,306,206
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Item 5 |
Ownership of Five Percent or Less of a Class.
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.
Item 6 |
Ownership of More Than Five Percent on Behalf of Another Person.
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The Magnetar Funds are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this Statement that may be deemed to be
beneficially owned by the Reporting Persons. Such interest of Constellation Master Fund relates to more than 5% of the Shares.
Item 7 |
Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
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Magnetar Financial is an investment adviser registered under Section 203 of the Investment Advisors Act of 1940 and serves as the investment adviser to the Magnetar Funds. As such, Magnetar Financial exercises voting
and investment power over the Magnetar Funds.
Magnetar Capital Partners is the sole member and parent holding company of Magnetar Financial.
Supernova Management is the general partner of Magnetar Capital Partners.
The Manager of Supernova Management is Mr. Snyderman.
Item 8 |
Identification and Classification of Members of the Group.
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This Item 8 is not applicable.
Item 9 |
Notice of Dissolution of Group.
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This Item 9 is not applicable.
By signing below the Reporting Persons certify that, to the best of their knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or
effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: June 12, 2023
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MAGNETAR FINANCIAL LLC
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By:
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Magnetar Capital Partners LP, its Sole Member
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By:
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Supernova Management LLC, its General Partner
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By:
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/s/ Hayley A. Stein
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Name:
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Hayley A. Stein
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Title:
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Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC
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Date: June 12, 2023
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MAGNETAR CAPITAL PARTNERS LP
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By:
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Supernova Management LLC, its General Partner
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By:
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/s/ Hayley A. Stein
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Name
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Hayley A. Stein
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Title:
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Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC
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Date: June 12, 2023
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SUPERNOVA MANAGEMENT LLC
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By:
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/s/ Hayley A. Stein
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Name
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Hayley A. Stein
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Title:
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Attorney-in-fact for David J. Snyderman, Manager
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Date: June 12, 2023
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DAVID J. SNYDERMAN
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By:
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/s/ Hayley A. Stein
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Name
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Hayley A. Stein
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Title:
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Attorney-in-fact for David J. Snyderman
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EXHIBIT INDEX
Exhibit No.
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Description
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Joint Filing Agreement, dated as of June 12, 2023, among the Reporting Persons.
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99.2
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Power of Attorney, dated as of December 22, 2022 (incorporated by reference to Exhibit 99.2 to the Schedule 13G filed by the Reporting Persons on February 2, 2023).
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