3//SEC Filing
Corsair Partnering Sponsor LP 3
Accession 0000950103-21-004665
CIK 0001842659other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:56 PM ET
Size
9.3 KB
Accession
0000950103-21-004665
Insider Transaction Report
Form 3
Corsair Partnering CorpCORS.U
Corsair Partnering Sponsor LP
10% Owner
Holdings
Class F ordinary shares
→ Class A common stock (2,012,500 underlying)Class B ordinary shares
→ Class A common stock (250,000 underlying)
Footnotes (6)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-254003) under the heading "Description of Securities-Founder Shares", the Class F ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial partnering transaction on a one-for-one basis, subject to adjustment for share splits, share dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]The Class F ordinary shares owned by the reporting person include up to 262,500 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
- [F3]As described in the issuer's registration statement on Form S-1 (File No. 333-254003) under the heading "Description of Securities-Performance Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer on the last day of each fiscal year following consummation of the partnering transaction, depending on a number of factors including, but not limited to, the per price share of the issuer's Class A ordinary shares.
- [F4]This Form 3 is being filed by Corsair Partnering Sponsor LP, an exempted limited partnership organized under the laws of the Cayman Islands and sponsor of the issuer ("Sponsor"). Corsair Capital Partners Group Ltd., an exempted company organized under the laws of the Cayman Islands ("Corsair Capital Partners"), owns 100% of the equity interest in Corsair Sponsor GP, an exempted general partnership organized under the laws of the Cayman Islands ("Corsair Sponsor GP"). Corsair Sponsor GP is the general partner of Corsair Partnering Sponsor Aggregator LP, an exempted limited partnership organized under the laws of the Cayman Islands, which owns a 50% equity interest in Sponsor. Corsair Sponsor GP is the general partner of Sponsor. Continued in footnote (5) below.
- [F5]Continued from footnote (4): Corsair Capital Partners is the managing Member of Corsair V Management, L.L.C, a limited liability company organized under the laws of the Cayman Islands, which is the general partner of Corsair V Management, L.P. an exempted general partnership organized under the laws of the Cayman Islands, which is the general partner of Corsair V Financial Services Capital Partners, L.P. Corsair V Financial Services Capital Partners L.P. owns a 50% equity interest in Sponsor. In turn, prior to the initial public offering, Sponsor owns 100% of the equity interest of Corsair Partnering Corporation. Sponsor, Corsair Capital Partners Group Ltd., Corsair Sponsor GP, Corsair Partnering Aggregator LP, Corsair V Management L.L.C., Corsair V Management L.P. and Corsair V Financial Services Capital Partners L.P. are collectively referred to as the ("Corsair Entities"). Continued in footnote (6) below.
- [F6]Continued from footnote (5): As such, each of the Corsair Entities may be deemed to have beneficial ownership of the securities held by Sponsor, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose.
Documents
Issuer
Corsair Partnering Corp
CIK 0001842659
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001847465
Filing Metadata
- Form type
- 3
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:56 PM ET
- Size
- 9.3 KB