Sec Form 13G Filing - MMCAP International Inc. SPC filing for ABPRO HOLDINGS, INC (ABP) - 2023-02-14

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, DC 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)

Atlantic Coastal Acquisition Corp. II

(Name of Issuer)


Series A Common Stock, par value $0.0001

(Title of Class of Securities)


04845A108

(CUSIP Number)


December 31, 2022

(Date of Event Which Requires Filing of This Statement)

Check the Appropriate box to designate the rule pursuant to which this schedule is filed:

 Rule 13d-1(b)

 Rule 13d-1(c)

 Rule 13d-1(d)


CUSIP No. 04845A108

 

Page 2 of 7 Pages


1

NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

 

MMCAP International Inc. SPC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) 
(b) 

 


3

SEC USE ONLY

 


   

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

750,000*

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

750,000*

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

750,000*

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 


11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.50%**

12

TYPE OF REPORTING PERSON

 

CO


FOOTNOTES

* Consist of 750,000 shares of the Issuer’s Series A common stock.

** The percentages used herein are calculated based on 30,000,000 shares outstanding of the Issuer as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on November 10, 2022.


CUSIP No. 04845A108

 

Page 3 of 7 Pages


1

NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

 

MM Asset Management Inc.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) 
(b) 

 


3

SEC USE ONLY

 


   

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Ontario, Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

750,000*

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

750,000*

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

750,000*

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 


11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.50%**

12

TYPE OF REPORTING PERSON

 

CO


FOOTNOTES

* Consist of 750,000 shares of the Issuer’s Series A common stock.

** The percentages used herein are calculated based on 30,000,000 shares outstanding of the Issuer as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on November 10, 2022.


CUSIP No. 04845A108

 

Page 4 of 7 Pages

Item 1 (a). Name of Issuer:

Atlantic Coastal Acquisition Corp. II

Item 1 (b). Address of Issuer's Principal Executive Offices:

6 St. Johns Lane, Floor 5, New York, New York 10013

Item 2 (a). Name of Person Filing:

i) MMCAP International Inc. SPC

ii) MM Asset Management Inc.

Item 2 (b). Address of Principal Business Office or, if None, Residence:

i) c/o Mourant Governance Services (Cayman) Limited

94 Solaris Avenue
Camana Bay, P.O. Box 1348
Grand Cayman, KY1-1108, Cayman Islands

ii) 161 Bay Street

TD Canada Trust Tower Suite 2240
Toronto, ON M5J 2S1 Canada

Item 2 (c). Citizenship:

i) Cayman Islands
ii) Ontario, Canada

Item 2 (d). Title of Class of Securities:

Series A Common Stock, par value $0.0001

Item 2 (e). CUSIP Number:

04845A108

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 (a)  Broker or dealer registered under Section 15 of the Act;

 (b)  Bank as defined in Section 3(a)(6) of the Act;

 (c)  Insurance Company as defined in Section 3(a)(19) of the Act;

 (d)  Investment Company registered under Section 8 of the Investment Company Act;

 (e)  Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 (f)  Employee benefit plan or endowment plan in accordance with Rule 13d-1(b)(1)(ii)(F);

 (g)  Parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G);

 (h)  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;


CUSIP No. 04845A108

 

Page 5 of 7 Pages

 (i)  A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment
   Company Act of 1940:

 (j)  Group, in accordance with Rule 13d-1(b)(1)(ii)(j).

  If this statement is filed pursuant to Rule 13d-1(c), check this box.

Item 4. Ownership.

 Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1.

 (a) Amount beneficially owned: 0

 (b) Percent of class:  2.50%**

 (c) Number of shares as to which such person has:

 (i) Sole power to vote or to direct the vote:  0

 (ii) Shared power to vote or to direct the vote:  750,000*

 (iii) Sole power to dispose or to direct the disposition of:  0

 (iv) Shared power to dispose or to direct the disposition of: 750,000*

* Consist of 750,000 shares of the Issuer's Series A common stock.

** The percentages used herein are calculated based on 30,000,000 shares outstanding of the Issuer as reported in the Issuer's Form 8-K filed with the Securities and Exchange Commission on November 10, 2022.

Instruction.  For computations regarding securities which represent a right to acquire an underlying security, see Rule 13d-3(d)(1).

Item 5. Ownership of Five Percent or Less of a Class.

 If the 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 [ X ].

Item 6. Ownership of More than Fiv e Percent on Behalf of Another Person.

 N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

 N/A

Item 8. Identification and Classification of Members of the Group.

 N/A

Item 9. Notice of Dissolution of Group.

 N/A


CUSIP No. 04845A108

 

Page 6 of 7 Pages

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 that purpose or effect.

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.

 

MMCAP International Inc. SPC

 

 

Date: February 14, 2023

By: /s/ Ulla Vestergaard ____________

 

      Name: Ulla Vestergaard

      Title: Director

 

 

 

 

 

 

 

MM Asset Management Inc.

 

 

Date: February 14, 2023

By: /s/ Hillel Meltz___________________

 

      Name: Hillel Meltz

      Title: President



CUSIP No. 04845A108

 

Page 7 of 7 Pages

EXHIBIT 1

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Dated: February 14, 2023

 

MMCAP International Inc. SPC

 

 

 

By: /s/ Ulla Vestergaard ____________

 

      Name: Ulla Vestergaard

      Title: Director

 

 

 

 

 

 

 

MM Asset Management Inc.

 

 

 

By: /s/ Hillel Meltz___________________

 

      Name: Hillel Meltz

      Title: President