Sec Form 13G Filing - Sculptor Acquisition Sponsor I LLC filing for SCULPTOR ACQUISITION CORP I CL (SCUA) - 2022-02-08

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. )*



Sculptor Acquisition Corp I
 (Name of Issuer)


 
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
 
G7T983 103
(CUSIP Number)
 
December 31, 2021

(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 persons 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).



1
NAMES OF REPORTING PERSONS
 
 
Sculptor Acquisition Sponsor I
 
 
 
 
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
 
 
5,650,000(1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
5,650,000(1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
5,650,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
19.65%(2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 


1
Represents 5,650,000 shares of Class A ordinary shares of Sculptor Acquisition Corp I (the “Issuer”), par value $0.0001 per share (“Class A Ordinary Shares”), issuable upon conversion of 5,650,000 Class B ordinary shares of the Issuer, par value $0.0001 per share (“Class B Ordinary Shares”), owned by Sculptor Acquisition Sponsor I (the “Sponsor”).  The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer’s initial business combination, or earlier at the option of the holder, as described under the heading “Description of Securities” in the Issuer’s registration statement on Form S-1 (File No. 333-260302).   The Sponsor is the record holder of the shares reported. The Sponsor is controlled by Sculptor Capital LP. Sculptor Capital Holding Corporation is the general partner of Sculp tor Capital LP and controls Sculptor Capital LP. Sculptor Capital Holding Corporation is a wholly owned subsidiary of Sculptor Capital Management, Inc. (“Sculptor”) and is controlled by Sculptor. As such, Sculptor Capital LP, Sculptor Capital Holding Corporation, and Sculptor may be deemed to be the beneficial owners of the Class B Ordinary Shares held directly by the Sponsor.
2
The calculation assumes that there is a total of 28,750,000 Class A Ordinary Shares outstanding, which is the sum of (i) 23,000,000 shares of Class A Ordinary Shares outstanding upon completion of the Issuer’s initial public offering and exercise of the underwriter’s over-allotment option, as reported in the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2021 and (ii) 5,750,000 shares of Class A Ordinary Shares issuable upon the conversion of 5,750,000 shares of Class B Ordinary Shares.


1
NAMES OF REPORTING PERSONS
 
 
Sculptor Capital LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
5,650,000(1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
5,650,000(1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
5,650,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
19.65%(2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IA
 
 
 
 


1
Represents 5,650,000 shares of Class A Ordinary Shares of the Issuer issuable upon conversion of 5,650,000 Class B Ordinary Shares of the Issuer owned by the Sponsor.  The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer’s initial business combination, or earlier at the option of the holder, as described under the heading “Description of Securities” in the Issuer’s registration statement on Form S-1 (File No. 333-260302).   The Sponsor is the record holder of the shares reported. The Sponsor is controlled by Sculptor Capital LP. Sculptor Capital Holding Corporation is the general partner of Sculptor Capital LP and controls Sculptor Capital LP. Sculptor Capital Holding Corporation is a wholly owned subsidiary of Sculptor and is controlled by Sculptor. As such, Sculptor Capital LP, Sculptor Capital Holding Corporation, and Sculptor may be deemed to be the beneficial owners of the Class B Ordinary Shares held directly by the Sponsor.
2
The calculation assumes that there is a total of 28,750,000 Class A Ordinary Shares outstanding, which is the sum of (i) 23,000,000 shares of Class A Ordinary Shares outstanding upon completion of the Issuer’s initial public offering and exercise of the underwriter’s over-allotment option, as reported in the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2021 and (ii) 5,750,000 shares of Class A Ordinary Shares issuable upon the conversion of 5,750,000 shares of Class B Ordinary Shares.


1
NAMES OF REPORTING PERSONS
 
 
Sculptor Capital Holding Corporation
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(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
 
 
5,650,000(1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
5,650,000(1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
5,650,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
19.65%(2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 


1
Represents 5,650,000 shares of Class A Ordinary Shares of the Issuer issuable upon conversion of 5,650,000 Class B Ordinary Shares of the Issuer owned by the Sponsor.  The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer’s initial business combination, or earlier at the option of the holder, as described under the heading “Description of Securities” in the Issuer’s registration statement on Form S-1 (File No. 333-260302).   The Sponsor is the record holder of the shares reported. The Sponsor is controlled by Sculptor Capital LP. Sculptor Capital Holding Corporation is the general partner of Sculptor Capital LP and controls Sculptor Capital LP. Sculptor Capital Holding Corporation is a wholly owned subsidiary of Sculptor and is controlled by Sculptor. As such, Sculptor Capital LP, Sculptor Capital Holding Corporation, and Sculptor may be deemed to be the beneficial owners of the Class B Ordinary Shares held directly by the Sponsor.
2
The calculation assumes that there is a total of 28,750,000 Class A Ordinary Shares outstanding, which is the sum of (i) 23,000,000 shares of Class A Ordinary Shares outstanding upon completion of the Issuer’s initial public offering and exercise of the underwriter’s over-allotment option, as reported in the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2021 and (ii) 5,750,000 shares of Class A Ordinary Shares issuable upon the conversion of 5,750,000 shares of Class B Ordinary Shares.


1
NAMES OF REPORTING PERSONS
 
 
Sculptor Capital 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
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
5,650,000(1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
5,650,000(1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
5,650,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
19.65%(2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 


1
Represents 5,650,000 shares of Class A Ordinary Shares of the Issuer issuable upon conversion of 5,650,000 Class B Ordinary Shares of the Issuer owned by the Sponsor.  The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer’s initial business combination, or earlier at the option of the holder, as described under the heading “Description of Securities” in the Issuer’s registration statement on Form S-1 (File No. 333-260302).   The Sponsor is the record holder of the shares reported. The Sponsor is controlled by Sculptor Capital LP. Sculptor Capital Holding Corporation is the general partner of Sculptor Capital LP and controls Sculptor Capital LP. Sculptor Capital Holding Corporation is a wholly owned subsidiary of Sculptor and is controlled by Sculptor. As such, Sculptor Capital LP, Sculptor Capital Holding Corporation, and Sculptor may be deemed to be the beneficial owners of the Class B Ordinary Shares held directly by the Sponsor.
2
The calculation assumes that there is a total of 28,750,000 Class A Ordinary Shares outstanding, which is the sum of (i) 23,000,000 shares of Class A Ordinary Shares outstanding upon completion of the Issuer’s initial public offering and exercise of the underwriter’s over-allotment option, as reported in the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2021 and (ii) 5,750,000 shares of Class A Ordinary Shares issuable upon the conversion of 5,750,000 shares of Class B Ordinary Shares.



SCHEDULE 13G
Item 1.

 
(a)
Name of Issuer
 
Sculptor Acquisition Corp I, a Cayman Islands exempted company (the “Issuer”)

 
(b)
Address of Issuer’s Principal Executive Offices
 
9 West 57th Street, 39th Floor, New York, NY 10019
 
Item 2.

 
(a)
Name of Person Filing
 
This Schedule 13G (the “Schedule 13G”) is being filed on behalf of each of the following persons (collectively, the “Reporting Persons”):


Sculptor Acquisition Sponsor I (the “Sponsor”);
 

Sculptor Capital LP;
 

Sculptor Capital Holding Corporation; and
 

Sculptor Capital Management, Inc. (“Sculptor”).
 
 
(b)
Address of Principal Business Office or, if none, Residence
 
The address of the principal business office of each Reporting Person is 9 West 57th Street, 39th Floor, New York, NY 10019.
 
 
(c)
Citizenship
 
The citizenship or place of organization of each Reporting Person is set forth on each Reporting Person’s cover page.

 
(d)
Title of Class of Securities
 
Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”)

 
(e)
CUSIP Number
 
G7T983 103
 
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:

This Item 3 is not applicable.
 
Item 4.
Ownership

The responses to Items 5 to 9 and 11 in each of the cover pages of this Schedule 13G are incorporated herein by reference.

As of December 31, 2021, the Sponsor directly held 5,650,000 Class B Ordinary Shares, representing 19.65% of the Issuer’s Ordinary Shares issued and outstanding, based on 23,000,000 Class A Ordinary Shares and 5,750,000 Class B Ordinary Shares outstanding as of December 13, 2021, as reported by the Issuer in its Form 8-K filed with the U.S. Securities and Exchange Commission on December 20, 2021.  The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer’s initial business combination, or earlier at the option of the holder, as described under the heading “Description of Securities” in the Issuer’s registration statement on Form S-1 (File No. 333-260302).


The Sponsor is controlled by Sculptor Capital LP. Sculptor Capital Holding Corporation is the general partner of Sculptor Capital LP and controls Sculptor Capital LP by virtue of its holdings and written agreements. Sculptor Capital Holding Corporation is a wholly owned subsidiary of Sculptor and is controlled by Sculptor. As such, Sculptor Capital LP, Sculptor Capital Holding Corporation, and Sculptor may be deemed to be the beneficial owners of the Ordinary Shares reported in this Schedule 13G.

Item 5.
Ownership of Five Percent or Less of a Class
 
This Item 5 is not applicable.
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person
 
None.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
 
This Item 7 is not applicable.
 
Item 8.
Identification and Classification of Members of the Group
 
This Item 8 is not applicable.
 
Item 9.
Notice of Dissolution of Group
 
This Item 9 is not applicable.
 
Item 10.
Certification
 
This Item 10 is 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.
 
Date: February 8, 2022

 
SCULPTOR ACQUISITION SPONSOR I
     
 
By:
/s/ Wayne Cohen
   
Name: Wayne Cohen
Title: Authorized Signatory

 
SCULPTOR CAPITAL LP
     
 
By:
/s/ Wayne Cohen
   
Name: Wayne Cohen
Title: President and Chief Operating Officer
 
 
SCULPTOR CAPITAL HOLDING CORPORATION
     
 
By:
/s/ Wayne Cohen
   
Name: Wayne Cohen
Title: President and Chief Operating Officer

 
SCULPTOR CAPITAL MANAGEMENT, INC.
     
 
By:
/s/ Wayne Cohen
   
Name: Wayne Cohen
Title: President and Chief Operating Officer