4//SEC Filing
BERTRAM GROWTH CAPITAL III ANNEX FUND, L.P. 4
Accession 0001209191-23-030145
CIK 0001870600other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 4:10 PM ET
Size
8.6 KB
Accession
0001209191-23-030145
Insider Transaction Report
Form 4
Transactions
- Sale
Class A Common Stock
2023-05-16$5.00/sh−2,408,671$12,043,355→ 1,555,694 total(indirect: See footnote) - Sale
Class A Common Stock
2023-05-16$5.00/sh−1,194,393$5,971,965→ 361,301 total(indirect: See footnote)
Footnotes (3)
- [F1]On May 16, 2023, Bertram Growth Capital III Annex Fund, L.P. ("BGC III Annex") sold 2,408,671 shares of Class A common stock (the "Class A common stock") of Solo Brands, Inc. (the "Issuer") in a registered underwritten public offering (the "Offering"), pursuant to that certain Underwriting Agreement, dated as of May 11, 2023, by and among the Issuer, Solo Stove Holdings, LLC, BGC III Annex, the other selling stockholders named therein, and BofA Securities, Inc. and Jefferies LLC, as representatives of the other underwriters named therein. The price to the public in the Offering was $5.25 per share. The per share sale price reported in this Form 4 reflects underwriting discounts and commissions.
- [F2]BGC III Annex is the direct owner of the shares of Class A common stock. Bertram Growth Capital III Annex Fund (GP), L.P. ("BGC III Annex GP") is the general partner of BGC III Annex. Bertram Growth Capital III (GPLLC), L.L.C. ("BGC III (GPLLC)") is the general partner of BGC III Annex GP. Jeffrey M. Drazan is the manager of BGC III (GPLLC). As such, each of these entities and Mr. Drazan may be deemed to share beneficial ownership of the shares of Class A common stock held of record by BGC III Annex. Each of BGC III Annex GP, BGC III (GPLLC) and Mr. Drazan disclaims beneficial ownership of the shares of Class A common stock held of record by BGC III Annex.
- [F3]On May 16, 2023, in connection with the closing of the Offering, BGC III Annex sold 1,194,393 shares of Class A common stock to the Issuer, pursuant to that certain Stock Purchase Agreement, dated May 10, 2023, by and among the Issuer, BGC III Annex and the other selling stockholders named therein, at a price of $5.00 per share.
Documents
Issuer
Solo Brands, Inc.
CIK 0001870600
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001774628
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 4:10 PM ET
- Size
- 8.6 KB