Sec Form 13G Filing - SKOLL JEFFREY S filing for Lafayette Square USA Inc.Lafayette Square USA Inc. - 2024-02-09

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

Lafayette Square USA, Inc.

(Name of Issuer)

 

common stock, par value $0.001 per share

(Title of Class of Securities)

 

none

(CUSIP Number)

 

December 31, 2023 

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨

x

¨

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP No.   none
1.

Names of Reporting Persons

Sequoia Holdings, LLC

2. Check the Appropriate Box if a Member of a Group (See Instructions)
 

(a)

(b)

¨

x (1)

3. SEC Use Only
4.

Citizenship or Place of Organization

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

5.

Sole Voting Power

0

6.

Shared Voting Power

1,202,868 shares of Common Stock (2)

7.

Sole Dispositive Power

0

8.

Shared Dispositive Power

1,202,868 shares of Common Stock (2)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

1,202,868 shares of Common Stock (2)

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨
11.

Percent of Class Represented by Amount in Row (9)

5.6% (3)

12.

Type of Reporting Person (See Instructions)

OO

         

(1)This Schedule 13G is filed by Sequoia Holdings, LLC (“Sequoia”) and Jeffrey S. Skoll (“Skoll” and, with Sequoia, collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

(2)These shares are held by Sequoia. Skoll is the indirect sole member of Sequoia and has sole voting and investment authority over the shares held by Sequoia.

(3)This calculation is based on 21,542,772.94 shares of Common Stock outstanding as of December 15, 2023 as reported by the Issuer to the Reporting Persons on December 18, 2023.

 

2

 

 

CUSIP No.   none
1.

Names of Reporting Persons

Jeffrey S. Skoll

2. Check the Appropriate Box if a Member of a Group (See Instructions)
 

(a)

(b)

¨

x (1)

3. SEC Use Only
4.

Citizenship or Place of Organization

United States of America

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

5.

Sole Voting Power

0

6.

Shared Voting Power

1,202,868 shares of Common Stock (2)

7.

Sole Dispositive Power

0

8.

Shared Dispositive Power

1,202,868 shares of Common Stock (2)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

1,202,868 shares of Common Stock (2)

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨
11.

Percent of Class Represented by Amount in Row (9)

5.6% (3)

12.

Type of Reporting Person (See Instructions)

IN

         

(1)This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

(2)These shares are held by Sequoia. Skoll is the indirect sole member of Sequoia and has sole voting and investment authority over the shares held by Sequoia.

(3)This calculation is based on 21,542,772.94 shares of Common Stock outstanding as of December 15, 2023 as reported by the Issuer to the Reporting Persons on December 18, 2023.

 

3

 

 

Item 1.
 
  (a)

Name of Issuer

Lafayette Square USA, Inc.

  (b)

Address of Issuer’s Principal Executive Offices

175 SW 7th St, Unit 1911

Miami, FL 33130-2992

 
Item 2.
 
  (a)

Name of Person Filing

Sequoia Holdings, LLC (“Sequoia”)

Jeffrey S. Skoll (“Skoll”)

  (b)

Address of Principal Business Office or, if none, Residence

250 University Avenue, Suite 300

Palo Alto, CA 94301

  (c)

Citizenship

Entities:            Sequoia     -           Delaware

Individuals:     Skoll           -           United States of America

  (d)

Title of Class of Securities

common stock, par value $0.001 per share (“Common Stock”)

  (e)

CUSIP Number

none

 
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
   
  Not applicable
 
Item 4. Ownership
   
The following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1 is provided as of December 31, 2023:

 

Reporting
Persons
 

Shares Held

Directly

  

Sole

Voting

Power

  

Shared

Voting

Power

  

Sole

Dispositive

Power

  

Shared

Dispositive

Power

  

Beneficial

Ownership

  

Percentage

of Class (2)

 
Sequoia (1)   1,202,868    0    1,202,868    0    1,202,868    1,202,868    5.6%
Skoll (1)   0    0    1,202,868    0    1,202,868    1,202,868    5.6%

 

(1)   These shares are held by Sequoia. Skoll is the indirect sole member of Sequoia and has sole voting and investment authority over the shares held by Sequoia.

(2)   This calculation is based on 21,542,772.94 shares of Common Stock outstanding as of December 15, 2023 as reported by the Issuer to the Reporting Persons on December 18, 2023.

 

Item 5. Ownership of Five Percent or Less of a Class
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   ¨
 
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
  Not applicable

 

4

 

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
   
  Not applicable
 
Item 8. Identification and Classification of Members of the Group
   
  Not applicable
 
Item 9. Notice of Dissolution of Group
   
  Not applicable
 
Item 10. Certification
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

 

5

 

 

Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 9, 2024  
   
Sequoia Holdings, LLC  
   
By: /s/ Eric Techel  
Name: Eric Techel  
Title: Manager  
     
By: /s/ James G.B. DeMartini,III  
Name: James G.B. DeMartini,III  
Title: Manager  
     
Jeffrey S. Skoll  
     
By: /s/ Eric Techel  
Name: Eric Techel  
Title: Attorney-in-Fact  

 

  ATTENTION  
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

6

 

 

Exhibit(s):

 

AJoint Filing Agreement, dated July 5, 2022 (incorporated by reference to the Schedule 13G, filed on July 5, 2022).

 

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