GrowthWorks Canadian Fund Ltd. 3
3 · Global Clean Energy Holdings, Inc. · Filed Feb 28, 2019
Insider Transaction Report
Form 3
GrowthWorks Canadian Fund Ltd.
10% Owner
Holdings
- 40,000,000
Common Stock
Footnotes (2)
- [F1]GrowthWorks Commercialization Fund Ltd. ("GW Comm") is also a reporting person for purposes of this Form 3. GW Comm's address is: 66 Wellington Street West, Suite 5300, Toronto, Ontario, Canada M5K 1E6. Each of the reporting persons disclaims beneficial ownership of the reported shares except to the extent of its respective pecuniary interest therein.
- [F2]The shares were assigned to Pacific Sequoia Holdings LLC, AllianceBernstein Venture Fund I, L.P. and GrowthWorks Canadian Fund Ltd. (collectively, the "Collateral Agent") pursuant to an assignment agreement. The Collateral Agent was designated as collateral agent pursuant to a guarantee and security agreement by and between the Collateral Agent and other parties thereto (the "Security Agreement"). The shares were assigned to the Collateral Agent in partial satisfaction of the obligations owed under the Security Agreement. Each of the reporting persons is entitled to the benefit of the Security Agreement in its capacity as a creditor of the debtor party to the Security Agreement, Targeted Growth, Inc.