4//SEC Filing
Electrum Strategic Opportunities Fund II L.P. 4
Accession 0000950170-25-007129
CIK 0001517006other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 2:33 PM ET
Size
23.3 KB
Accession
0000950170-25-007129
Insider Transaction Report
Form 4
Electrum Silver US II LLC
10% Owner
Transactions
- Other
Common Stock
2025-01-16−4,109,704→ 0 total - Other
Common Stock
2025-01-16−17,894,672→ 0 total
Electrum Silver US LLC
10% Owner
Transactions
- Other
Common Stock
2025-01-16−17,894,672→ 0 total - Other
Common Stock
2025-01-16−4,109,704→ 0 total
ESOF II GP Ltd.
10% Owner
Transactions
- Other
Common Stock
2025-01-16−4,109,704→ 0 total - Other
Common Stock
2025-01-16−17,894,672→ 0 total
Electrum Group LLC
10% Owner
Transactions
- Other
Common Stock
2025-01-16−4,109,704→ 0 total - Other
Common Stock
2025-01-16−17,894,672→ 0 total
Electrum Strategic Management LLC
10% Owner
Transactions
- Other
Common Stock
2025-01-16−17,894,672→ 0 total - Other
Common Stock
2025-01-16−4,109,704→ 0 total
ELECTRUM GLOBAL HOLDINGS L.P.
10% Owner
Transactions
- Other
Common Stock
2025-01-16−4,109,704→ 0 total - Other
Common Stock
2025-01-16−17,894,672→ 0 total
Transactions
- Other
Common Stock
2025-01-16−17,894,672→ 0 total - Other
Common Stock
2025-01-16−4,109,704→ 0 total
TEG Global GP Ltd.
10% Owner
Transactions
- Other
Common Stock
2025-01-16−4,109,704→ 0 total - Other
Common Stock
2025-01-16−17,894,672→ 0 total
Transactions
- Other
Common Stock
2025-01-16−17,894,672→ 0 total - Other
Common Stock
2025-01-16−4,109,704→ 0 total
Footnotes (4)
- [F1]Represents shares of common stock of Gatos Silver, Inc. (the "Company"), disposed of as a result of the merger (the "Merger") contemplated by the Agreement and Plan of Merger, dated as of September 5, 2024 (the "Merger Agreement"), by and among the Company, Ocelot Transaction Corporation and First Majestic Silver Corp. ("First Majestic"). Pursuant to the Merger Agreement, the reporting persons have the right to exchange each share of the Company's common stock owned immediately prior to the effective time of the Merger for 2.55 First Majestic common shares, with any fractional shares to be paid in cash, without interest. On January 15, 2025, the day prior to the Merger, the closing price of First Majestic common shares was $5.64 per share.
- [F2]These securities were owned directly by Electrum Silver US LLC ("ESUS"). Electrum Strategic Management LLC ("ESM") is the manager of ESUS. ESM is wholly owned by Electrum Global Holdings L.P. ("Global Holdco"), and TEG Global GP Ltd. ("TEG Global") is the general partner of Global Holdco. The Electrum Group LLC ("TEG") acts as an investment advisor to Global Holdco. As a result, ESM, Global Holdco, TEG Global and TEG may be deemed to have beneficially owned shares of the Company's common stock held by ESUS.
- [F3]These securities were owned directly by Electrum Silver US II LLC ("ESUS II"). Electrum Strategic Opportunities Fund II L.P. ("ESOF II") owns 99% of ESUS II, and ESM is the manager of ESUS II. ESM is wholly owned by Global Holdco, and TEG Global is the general partner of Global Holdco. The general partner of ESOF II is Electrum Strategic Opportunities Fund II GP L.P. ("ESOF II GP L.P."), and the general partner of ESOF II GP L.P. is ESOF II GP Ltd. ("ESOF II GP"). ESOF II GP is wholly owned by Global Holdco. TEG acts as an investment advisor to ESOF II. As a result, ESOF II, ESM, Global Holdco, TEG Global, ESOF II GP L.P. and ESOF II GP may be deemed to have beneficially owned shares of the Company's common stock held by ESUS II.
- [F4]For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Gatos Silver, Inc.
CIK 0001517006
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001699437
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 2:33 PM ET
- Size
- 23.3 KB