Sec Form 13D Filing - CCP III Cayman GP Ltd. filing for GoHealth Inc. (GOCO) - 2022-12-02

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 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

GoHealth, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

38046W105

(CUSIP Number)

Susanne V. Clark

c/o Centerbridge Partners, L.P.

375 Park Avenue, 11th Floor

New York, NY 10152

(212) 672-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

November 30, 2022

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box.  ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

 

 

 

*

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 disclosures provided in a prior cover page.

The information required on 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. 38046W105    13D    Page 1 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CCP III Cayman GP Ltd.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  9,213,506

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  9,213,506

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,213,506

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  64.5%

14  

  Type of Reporting Person

 

  CO


CUSIP No. 38046W105    13D    Page 2 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CB Blizzard Holdings C, L.P.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  1,115,131

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  1,115,131

11    

  Aggregate Amount Beneficially Owned by Each Repo rting Person

 

  1,115,131

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  12.5%

14  

  Type of Reporting Person

 

  PN


CUSIP No. 38046W105    13D    Page 3 of 16 pages

 

  1    

  Names of Reporting Persons

 

  Centerbridge Associates III, L.P.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  2,712,197

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  2,712,197

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  2,712,197

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  30.5%

14  

  Type of Reporting Person

 

  PN


CUSIP No. 38046W105    13D    Page 4 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CCP III AIV VII Holdings, L.P.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  2,712,197

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  2,712,197

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  2,712,197

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  30.5%

14  

  Type of Reporting Person

 

  PN


CUSIP No. 38046W105    13D    Page 5 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CB Blizzard Co-Invest Holdings, L.P.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  2,712,197

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  2,712,197

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  2,712,197

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  30.5%

14  

  Type of Reporting Person

 

  PN


CUSIP No. 38046W105    13D    Page 6 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CB Blizzard Lower Holdings GP A, LLC

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  2,712,197

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  2,712,197

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  2,712,197

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  30.5%

14  

  Type of Reporting Person

 

  OO (Limited Liability Company)


CUSIP No. 38046W105    13D    Page 7 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CB Blizzard Lower Holdings A, L.P.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  2,712,197

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  2,712,197

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  2,712,197

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  30.5%

14  

  Type of Reporting Person

 

  PN


CUSIP No. 38046W105    13D    Page 8 of 16 pages

 

  1    

  Names of Reporting Persons

 

  Blizzard Aggregator, LLC

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  5,386,178

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  5,386,178

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,386,178

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  37.7%

14  

  Type of Reporting Person

 

  OO (Limited Liability Company)


CUSIP No. 38046W105    13D    Page 9 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CB Blizzard Lower Holdings GP B, LLC

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  5,386,178

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  5,386,178

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,386,178

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  37.7%

14  

  Type of Reporting Person

 

  OO (Limited Liability Company)

 


CUSIP No. 38046W105    13D    Page 10 of 16 pages

 

  1    

  Names of Reporting Persons

 

  CB Blizzard Lower Holdings B, L.P.

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  5,386,178

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  5,386,178

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,386,178

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  37.7%

14  

  Type of Reporting Person

 

  PN


CUSIP No. 38046W105    13D    Page 11 of 16 pages

 

  1    

  Names of Reporting Persons

 

  Jeffrey H. Aronson

  2  

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

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Source of Funds (See Instructions)

 

  OO

  5  

  Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  0

     8   

  Shared Voting Power

 

  9,213,506

     9   

  Sole Dispositive Power

 

  0

   10   

  Shared Dispositive Power

 

  9,213,506

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,213,506

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  64.5%

14  

  Type of Reporting Person

 

  IN


CUSIP No. 38046W105    13D    Page 12 of 16 pages

 

Explanatory Note

This Amendment No. 1 to Schedule 13D (“Amendment No. 1”) amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission on November 25, 2022 (as amended to date, the “Schedule 13D”), relating to the shares of Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), of GoHealth, Inc., a Delaware corporation (the “Issuer”). Capitalized terms used herein without definition shall have the meanings set forth in the Schedule 13D.

 

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended and supplemented by inserting the following information at the end of Item 3:

From November 25, 2022 to November 30, 2022, CB Blizzard C purchased 315,559 shares of Class A Common Stock for aggregate consideration of approximately $4.0 million in a series of open-market transactions.

The Reporting Persons obtained the funds used to acquire their interests in the Issuer’s securities through capital contributions from their partners and members.


CUSIP No. 38046W105    13D    Page 13 of 16 pages

 

Item 5.

Interest in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:

(a) – (b)

The following sets forth, as of the date of this Schedule 13D, the aggregate number of shares of Class A Common Stock and percentage of Class A Common Stock beneficially owned by each of the Reporting Persons, as well as the number of shares of Class A Common Stock as to which each Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition of, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 8,890,469 shares of Class A Common Stock outstanding as of November 18, 2022 following the Stock Split, as provided by the Issuer, plus, as applicable, 5,386,178 shares of Class A Common Stock underlying the LLC Interests held of record by CB Blizzard B:

 

Reporting Person

   Amount
beneficially
owned
     Percent
of class
    Sole power
to vote or
to direct
the vote
   Shared
power to
vote or to
direct the
vote
     Sole power
to dispose
or to direct
the
disposition
   Shared
power to
dispose or to
direct the
disposition
 

CCP III Cayman GP Ltd.

     9,213,506        64.5   0      9,213,506      0      9,213,506  

CB Blizzard Holdings C, L.P.

     1,115,131        12.5   0      1,115,131      0      1,115,131  

Centerbridge Associates III, L.P.

     2,712,197        30.5   0      2,712,197      0      2,712,197  

CCP III AIV VII Holdings, L.P.

     2,712,197        30.5   0      2,712,197      0      2,712,197  

CB Blizzard Co-Invest Holdings, L.P.

     2,712,197        30.5   0      2,712,197      0      2,712,197  

CB Blizzard Lower Holdings GP A, LLC

     2,712,197        30.5   0      2,712,197      0      2,712,197  

CB Blizzard Lower Holdings A, L.P.

     2,712,197        30.5   0      2,712,197      0      2,712,197  

Blizzard Aggregator, LLC

     5,386,178        37.7   0      5,386,178      0      5,386,178  

CB Blizzard Lower Holdings GP B, LLC

     5,386,178        37.7   0      5,386,178      0      5,386,178  

CB Blizzard Lower Holdings B, L.P.

     5,386,178        37.7   0      5,386,178      0      5,386,178  

Jeffrey H. Aronson

     9,213,506        64.5   0      9,213,506      0      9,213,506  

CB Blizzard A is the record holder of 2,712,197 shares of Class A Common Stock. CB Blizzard C is the record holder of 1,115,131 shares of Class A Common Stock. CB Blizzard B is the record holder of 5,386,178 LLC Interests. Each of these figures are presented on a post-split basis.


CUSIP No. 38046W105    13D    Page 14 of 16 pages

 

CCP GP is the general partner of CB Blizzard C and may be deemed to share beneficial ownership of the securities held of record by CB Blizzard C. CCP GP is also the general partner of Centerbridge Associates III, L.P., which is the general partner of each of CCP III AIV VII Holdings, L.P. and CB Blizzard Co-Invest Holdings, L.P., which are the owners of CB Blizzard Lower Holdings GP A, LLC, which is the general partner of CB Blizzard A. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the securities held of record by CB Blizzard A. CCP GP is also the sole manager of Blizzard Aggregator, LLC, which is the owner of CB Blizzard Lower Holdings GP B, LLC, which is the general partner of CB Blizzard B. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the LLC Interests held of record by CB Blizzard B.

Jeffrey H. Aronson is the sole director of CCP GP and, as a result, may be deemed to share beneficial ownership of the securities held of record by each of CB Blizzard A, CB Blizzard C and CB Blizzard B. However, none of the foregoing should be construed in and of itself as an admission by Mr. Aronson or by any Reporting Person as to beneficial ownership of securities owned by another Reporting Person. In addition, Mr. Aronson expressly disclaims beneficial ownership of the securities held of record by each of CB Blizzard A, CB Blizzard C and CB Blizzard B.

In addition, as discussed in Item 2 of the Schedule 13D, by virtue of the agreements made pursuant to the Stockholders Agreement, the Stockholders may be deemed to be acting as a group for purposes of Rule 13d-3 under the Exchange Act. Shares beneficially owned by NVX are not the subject of this Schedule 13D and accordingly, NVX is not included as a reporting person herein.

(c) Except as described in Item 3 of the Schedule 13D, during the past 60 days, the Reporting Persons have not effected any transactions with respect to the Class A Common Stock.

(d) None.

(e) Not applicable.


CUSIP No. 38046W105    13D    Page 15 of 16 pages

 

SIGNATURES

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.

Date: December 2, 2022

 

CCP III Cayman GP Ltd.
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
CB Blizzard Holdings C, L.P.
By: CCP III Cayman GP Ltd., its general partner
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
Centerbridge Associates III, L.P.
By: CCP III Cayman GP Ltd., its general partner
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
CCP III AIV VII Holdings, L.P.
By: Centerbridge Associates III, L.P., its general partner
By: CCP III Cayman GP Ltd., its general partner
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
CB Blizzard Co-Invest Holdings, L.P.
By: Centerbridge Associates III, L.P., its general partner
By: CCP III Cayman GP Lt d., its general partner
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory


CUSIP No. 38046W105    13D    Page 16 of 16 pages

 

CB Blizzard Lower Holdings GP A, LLC
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
CB Blizzard Lower Holdings A, L.P.
By: CB Blizzard Lower Holdings GP A, LLC,
its general partner
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
Blizzard Aggregator, LLC
By: CCP III Cayman GP Ltd., its sole manager
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
CB Blizzard Lower Holdings GP B, LLC
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
CB Blizzard Lower Holdings B, L.P.
By: CB Blizzard Lower Holdings GP B, LLC, its general partner
By:  

/s/ Susanne V. Clark

Name:   Susanne V. Clark
Title:   Authorized Signatory
Jeffrey H. Aronson

/s/ Jeffrey H. Aronson