GEM Global Yield LLC SCS 3
3 · Nxu, Inc. · Filed Oct 4, 2023
Insider Transaction Report
Form 3
Nxu, Inc.NXU
GEM Global Yield LLC SCS
10% Owner
Holdings
- 34,000,000
Class A common stock, $0.0001 par value per share
Warrant (right to buy)
Exercise: $82.12Exp: 2025-09-27→ Common Stock (340,374 underlying)
Footnotes (2)
- [F1]Consists of shares of Common Stock held directly by GEM Global Yield LLC SCS ("GEM Investor"). GEM Global Yield Fund LLC ("GEM GP") is the general partner of GEM Investor and Christopher F. Brown is the sole beneficial owner of GEM GP. In such capacities, GEM GP and Mr. Brown may be deemed to have indirect voting and dispositive power over the shares held by GEM Investor. GEM GP and Mr. Brown each disclaim beneficial ownership of the shares held by GEM Investor, except to the extent, if any, that they have a pecuniary interest in such shares.
- [F2]Consists of a warrant held by GEM Yield Bahamas Limited ("GEM Bahamas"). Mr. Brown is the manager and sole beneficial owner of GEM Bahamas. In such capacity, Mr. Brown may be deemed to have indirect voting and dispositive power over the securities held by GEM Bahamas. Mr. Brown disclaims beneficial ownership of the securities held by GEM Bahamas, except to the extent, if any, that he has a pecuniary interest in such securities.