4//SEC Filing
Arrouet Paul 4
Accession 0000950170-25-056449
CIK 0001965052other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 9:39 PM ET
Size
13.1 KB
Accession
0000950170-25-056449
Insider Transaction Report
Form 4
Arrouet Paul
President10% Owner
Transactions
- Award
Common Stock
2025-04-17+3,878,216→ 13,556,794 total(indirect: See footnotes) - Award
Warrants (right to buy)
2025-04-17+165,463→ 165,463 total(indirect: See footnotes)Exercise: $11.50From: 2025-05-07Exp: 2030-04-07→ Common Stock (165,463 underlying) - Disposition to Issuer
Common Stock
2025-04-17−5,289,072→ 0 total(indirect: See footnotes) - Award
Common Stock
2025-04-17+843,947→ 10,424,568 total(indirect: See footnotes)
Footnotes (4)
- [F1]Represents shares of the Company's common stock distributed by Marblegate Acquisition LLC (the "Sponsor") on April 17, 2024 to certain individuals and entities who were members of the Sponsor (the "Distribution."). The Sponsor was the record holder of such shares. Marblegate Asset Management, LLC is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to beneficially own such shares.
- [F2](Continued from footnote 2) Andrew Milgram and Paul Arrouet, as Managing Partners of Marblegate IM Holdings, LLC, the managing member of Marblegate Asset Management, LLC, may be deemed to exercise voting and investment power over the securities held by the Sponsor and therefore may be deemed to beneficially own such securities. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
- [F3]Represents shares of the Company's common stock and warrants received in the Distribution. Marblegate Special Opportunities Master Fund, L.P ("MSOMF") is the record holder of such shares. Marblegate Special Opportunities GP, LLC ("Marblegate GP") is the General Partner of MSOMF. Marblegate Holdings, LLC ("Marblegate Holdings") is the Managing Member of Marblegate GP. Andrew Milgram and Paul Arrouet, as the Managing Partners of Marblegate Holdings and Marblegate Asset Management. LLC ("MAM"), the investment manager of MSOMF, may be deemed to exercise voting and investment power over the securities held by MSOMF and therefore may be deemed to beneficially own such securities. Each of Mr. Milgram and Mr. Arrouet disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest each may have therein, directly or indirectly.
- [F4]Represents shares of the Company's common stock received in the Distribution. Marblegate Cobblestone Master Fund I, L.P. is the record holder of such shares. Marblegate GP is the General Partner of Marblegate Cobblestone Master Fund I, L.P. Marblegate Holdings is the Managing Member of Marblegate GP. Andrew Milgram and Paul Arrouet, as the Managing Partners of Marblegate Holdings and MAM, the investment manager of Marblegate Cobblestone Master Fund I, L.P. may be deemed to exercise voting and investment power over the securities held by Marblegate Cobblestone Master Fund I, L.P. and therefore may be deemed to beneficially own such securities. Each of Mr. Milgram and Mr. Arrouet disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest each may have therein, directly or indirectly.
Documents
Issuer
Marblegate Capital Corp
CIK 0001965052
Entity typeother
Related Parties
1- filerCIK 0001492337
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 9:39 PM ET
- Size
- 13.1 KB