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. 1)*

 

 

Warburg Pincus Capital Corp I-A

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G9461D107

(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)

 

*

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).

 

 

 


  1.    

  Names of Reporting Persons

 

  Warburg Pincus Capital Corp I-A Sponsor, L.P.

  2.  

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

 

  (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

 

  12,759,501(1)

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  12,759,501(1)

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,759,501(1)

10.  

  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  31.0%(2)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Represents 12,759,501 Class A ordinary shares acquirable in respect of (i) 6,980,544 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible one-for-one into the Issuer’s Class A ordinary shares at the time of the Issuer’s initial business combination or at the option of the holder and (ii) 5,778,957 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

(2)

Calculated based on (i) 28,342,178 Class A ordinary shares outstanding as of November 14, 2022 as reported on the Issuer’s Form 10-Q, filed on November 14, 2022, and (ii) 12,759,501 Class A ordinary shares issuable in connection with the 6,980,544 Class B Shares and 5,778,957 Private Placement Warrants.


  1.    

  Names of Reporting Persons

 

  Warburg Pincus Capital Corp GP LLC

  2.  

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

 

  (a)  ☐        (b)  ☐

  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

 

  12,759,501(1)

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  12,759,501(1)

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,759,501(1)

10.  

  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  31.0%(2)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Represents 12,759,501 Class A ordinary shares acquirable in respect of (i) 6,980,544 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible one-for-one into the Issuer’s Class A ordinary shares at the time of the Issuer’s initial business combination or at the option of the holder and (ii) 5,778,957 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

(2)

Calculated based on (i) 28,342,178 Class A ordinary shares outstanding as of November 14, 2022 as reported on the Issuer’s Form 10-Q, filed on November 14, 2022, and (ii) 12,759,501 Class A ordinary shares issuable in connection with the 6,980,544 Class B Shares and 5,778,957 Private Placement Warrants.


  1.    

  Names of Reporting Persons

 

  Warburg Pincus Partners II (Cayman), L.P.

  2.  

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

 

  (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

 

  12,759,501(1)

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  12,759,501(1)

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,759,501(1)

10.  

  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  31.0%(2)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Represents 12,759,501 Class A ordinary shares acquirable in respect of (i) 6,980,544 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible one-for-one into the Issuer’s Class A ordinary shares at the time of the Issuer’s initial business combination or at the option of the holder and (ii) 5,778,957 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

(2)

Calculated based on (i) 28,342,178 Class A ordinary shares outstanding as of November 14, 2022 as reported on the Issuer’s Form 10-Q, filed on November 14, 2022, and (ii) 12,759,501 Class A ordinary shares issuable in connection with the 6,980,544 Class B Shares and 5,778,957 Private Placement Warrants.


  1.    

  Names of Reporting Persons

 

  Warburg Pincus Partners II Holdings (Cayman), L.P.

  2.  

  Che ck The Appropriate Box if a Member of a Group (See Instructions)

 

  (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

 

  12,759,501(1)

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  12,759,501(1)

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,759,501(1)

10.  

  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  31.0%(2)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Represents 12,759,501 Class A ordinary shares acquirable in respect of (i) 6,980,544 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible one-for-one into the Issuer’s Class A ordinary shares at the time of the Issuer’s initial business combination or at the option of the holder and (ii) 5,778,957 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

(2)

Calculated based on (i) 28,342,178 Class A ordinary shares outstanding as of November 14, 2022 as reported on the Issuer’s Form 10-Q, filed on November 14, 2022, and (ii) 12,759,501 Class A ordinary shares issuable in connection with the 6,980,544 Class B Shares and 5,778,957 Private Placement Warrants.


  1.    

  Names of Reporting Persons

 

  WPP II Administrative (Cayman), LLC

  2.  

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

 

  (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

 

  12,759,501(1)

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  12,759,501(1)

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,759,501(1)

10.  

  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  31.0%(2)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Represents 12,759,501 Class A ordinary shares acquirable in respect of (i) 6,980,544 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible one-for-one into the Issuer’s Class A ordinary shares at the time of the Issuer’s initial business combination or at the option of the holder and (ii) 5,778,957 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

(2)

Calculated based on (i) 28,342,178 Class A ordinary shares outstanding as of November 14, 2022 as reported on the Issuer’s Form 10-Q, filed on November 14, 2022, and (ii) 12,759,501 Class A ordinary shares issuable in connection with the 6,980,544 Class B Shares and 5,778,957 Private Placement Warrants.


  1.    

  Names of Reporting Persons

 

  Warburg Pincus (Bermuda) Private Equity GP Ltd.

  2.  

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

 

  (a)  ☐        (b)  ☐

  3.  

  SEC Use Only

 

  4.  

  Citizenship or Place of Organization

 

  Bermuda

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

With

   5.    

  Sole Voting Power

 

  0

   6.  

  Shared Voting Power

 

  12,759,501(1)

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  12,759,501(1)

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  12,759,501(1)

10.  

  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  31.0%(2)

12.  

  Type of Reporting Person (See Instructions)

 

  PN

 

(1)

Represents 12,759,501 Class A ordinary shares acquirable in respect of (i) 6,980,544 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible one-for-one into the Issuer’s Class A ordinary shares at the time of the Issuer’s initial business combination or at the option of the holder and (ii) 5,778,957 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

(2)

Calculated based on (i) 28,342,178 Class A ordinary shares outstanding as of November 14, 2022 as reported on the Issuer’s Form 10-Q, filed on November 14, 2022, and (ii) 12,759,501 Class A ordinary shares issuable in connection with the 6,980,544 Class B Shares and 5,778,957 Private Placement Warrants.


Item 1(a).  

   Name of Issuer
   Warburg Pincus Capital Corp I-A (the “Issuer”).

Item 1(b). 

   Address of the Issuer’s Principal Executive Offices
  

450 Lexington Avenue

New York, NY 10017

Item 2(a).  

   Names of Persons Filing
  

This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the “Reporting Persons”:

 

(i) Warburg Pincus Capital Corp I-A Sponsor, L.P.

 

(ii) Warburg Pincus Capital Corp GP LLC

 

(iii) Warburg Pincus Partners II (Cayman), L.P.

 

(iv) Warburg Pincus Partners II Holdings (Cayman), L.P.

 

(v) WPP II Administrative (Cayman), LLC

 

(vi) Warburg Pincus (Bermuda) Private Equity GP Ltd.

Item 2(b). 

   Address of the Principal Business Office, or if none, Residence:
  

450 Lexington Avenue

New York, NY 10017

Item 2(c).  

   Citizenship
   See responses to Item 4 on each cover page.

Item 2(d). 

   Title of Class of Securities
   Class A ordinary shares, par value $0.0001 per share.

Item 2(e).  

   CUSIP Number
   G9461D107

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(n):

   Not Applicable.


Item 4.

  

Ownership

 

(a)   Amount beneficially owned:

 

See responses to Item 9 on each cover page.

 

(b)  Percent of Class:

 

See responses to Item 11 on each cover page.

 

(c)   Number of shares as to which the Reporting Person has:

 

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

 

See responses to Item 5 on each cover page.

 

(ii)  Shared power to vote or to direct the vote:

 

See responses to Item 6 on each cover page.

 

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

 

See responses to Item 7 on each cover page.

 

(iv) Shared power to dispose or to direct the disposition of:

 

See responses to Item 8 on each cover page.

 

The reported securities are directly held by Warburg Pincus Capital Corp I-A Sponsor, L.P. (the “Sponsor”). The Sponsor is controlled by Warburg Pincus Capital Corporation GP LLC (“GP”), its general partner. Warburg Pincus Partners II (Cayman), L.P. (“LP”) is the managing member of GP and may be deemed to have or share beneficial ownership of the securities held by our sponsor. Warburg Pincus Partners II Holdings (Cayman), L.P. (“WPP II Holdings”) is a limited partner of LP and may be deemed to have or share beneficial ownership of the securities held by our sponsor. WPP II Administrative (Cayman), LLC (“WPP II Administrative”) is the general partner of WPP II Holdings and may be deemed to have or share beneficial ownership of the securities held by our sponsor. Warburg Pincus (Bermuda) Private Equity GP Ltd. is the general partner of LP and WPP II Administrative and may be deemed to have or share beneficial ownership of the securities held by the Sponsor. This Statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by this Statement.

Item 5.

   Ownership of Five Percent or Less of a Class
   Not Applicable.

Item 6.

   Ownership of More than Five Percent on Behalf of Another Person
   Not Applicable.

Item 7.

   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
   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
   Not Applicable.


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 10, 2023

 

Warburg Pincus Capital Corp I-A Sponsor, L.P.
By:   Warburg Pincus Capital Corporation GP LLC, its general partner
By:   Warburg Pincus Partners II (Cayman), L.P., its managing member
By:   Warburg Pincus Partners II Holdings (Cayman), L.P.
By:   WPP II Administrative (Cayman), LLC
By:   Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
  /s/ Harsha Marti
  Name: Harsha Marti
  Title: Authorised Signatory


EXHIBIT LIST

 

Exhibit 99.1    Joint Filing Agreement, dated as of February 10, 2023