Amended Statement of Ownership (sc 13g/a)
11 February 2023 - 8:55AM
Edgar (US Regulatory)
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 persons 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).
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1. |
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Names of Reporting Persons
Warburg Pincus Capital Corp I-A Sponsor, L.P. |
2. |
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Check The Appropriate Box
if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ |
3. |
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SEC Use Only
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4. |
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Citizenship or Place of
Organization Cayman
Islands |
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Number of
Shares Beneficially
Owned By Each
Reporting Person
With |
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5. |
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Sole Voting Power
0 |
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6. |
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Shared Voting Power
12,759,501(1) |
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7. |
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Sole Dispositive Power
0 |
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8. |
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Shared Dispositive Power
12,759,501(1) |
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9. |
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Aggregate Amount Beneficially Owned by Each Reporting Person
12,759,501(1) |
10. |
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Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares ☐ |
11. |
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Percent of Class
Represented By Amount in Row (9) 31.0%(2) |
12. |
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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 Issuers Class A ordinary shares at the time of the
Issuers 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 Issuers 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 Issuers 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. |
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1. |
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Names of Reporting Persons
Warburg Pincus Capital Corp GP LLC |
2. |
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Check The Appropriate Box
if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ |
3. |
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SEC Use Only
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4. |
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Citizenship or Place of
Organization
Delaware |
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Number of
Shares Beneficially
Owned By Each
Reporting Person
With |
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5. |
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Sole Voting Power
0 |
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6. |
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Shared Voting Power
12,759,501(1) |
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7. |
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Sole Dispositive Power
0 |
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8. |
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Shared Dispositive Power
12,759,501(1) |
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9. |
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Aggregate Amount Beneficially Owned by Each Reporting Person
12,759,501(1) |
10. |
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Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares ☐ |
11. |
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Percent of Class
Represented By Amount in Row (9) 31.0%(2) |
12. |
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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 Issuers Class A ordinary shares at the time of the
Issuers 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 Issuers 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 Issuers 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. |
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1. |
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Names of Reporting Persons
Warburg Pincus Partners II (Cayman), L.P. |
2. |
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Check The Appropriate Box
if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ |
3. |
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SEC Use Only
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4. |
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Citizenship or Place of
Organization Cayman
Islands |
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Number of
Shares Beneficially
Owned By Each
Reporting Person
With |
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5. |
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Sole Voting Power
0 |
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6. |
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Shared Voting Power
12,759,501(1) |
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7. |
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Sole Dispositive Power
0 |
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8. |
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Shared Dispositive Power
12,759,501(1) |
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9. |
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Aggregate Amount Beneficially Owned by Each Reporting Person
12,759,501(1) |
10. |
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Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares ☐ |
11. |
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Percent of Class
Represented By Amount in Row (9) 31.0%(2) |
12. |
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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 Issuers Class A ordinary shares at the time of the
Issuers 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 Issuers 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 Issuers 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. |
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1. |
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Names of Reporting Persons
Warburg Pincus Partners II Holdings (Cayman), L.P. |
2. |
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Check The Appropriate Box
if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ |
3. |
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SEC Use Only
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4. |
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Citizenship or Place of
Organization Cayman
Islands |
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Number of
Shares Beneficially
Owned By Each
Reporting Person
With |
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5. |
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Sole Voting Power
0 |
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6. |
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Shared Voting Power
12,759,501(1) |
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7. |
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Sole Dispositive Power
0 |
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8. |
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Shared Dispositive Power
12,759,501(1) |
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9. |
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Aggregate Amount Beneficially Owned by Each Reporting Person
12,759,501(1) |
10. |
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Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares ☐ |
11. |
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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 Issuers Class A ordinary shares at the time of the
Issuers 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 Issuers 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 Issuers 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. |
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1. |
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Names of Reporting Persons
WPP II Administrative (Cayman), LLC |
2. |
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Check The Appropriate Box
if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ |
3. |
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SEC Use Only
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4. |
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Citizenship or Place of
Organization Cayman
Islands |
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Number of
Shares Beneficially
Owned By Each
Reporting Person
With |
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5. |
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Sole Voting Power
0 |
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6. |
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Shared Voting Power
12,759,501(1) |
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7. |
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Sole Dispositive Power
0 |
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8. |
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Shared Dispositive Power
12,759,501(1) |
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9. |
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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 Issuers Class A ordinary shares at the time of the
Issuers 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 Issuers 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 Issuers 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. |
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1. |
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Names of Reporting Persons
Warburg Pincus (Bermuda) Private Equity GP Ltd. |
2. |
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Check The Appropriate Box
if a Member of a Group (See Instructions)
(a) ☐ (b) ☐ |
3. |
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SEC Use Only
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4. |
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Citizenship or Place of
Organization
Bermuda |
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Number of
Shares Beneficially
Owned By Each
Reporting Person
With |
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5. |
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Sole Voting Power
0 |
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6. |
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Shared Voting Power
12,759,501(1) |
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7. |
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Sole Dispositive Power
0 |
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8. |
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Shared Dispositive Power
12,759,501(1) |
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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 Issuers Class A ordinary shares at the time of the
Issuers 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 Issuers 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 Issuers 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. |
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Item 1(a). |
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Name of Issuer |
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Warburg Pincus Capital Corp I-A (the Issuer). |
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Item 1(b). |
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Address of the Issuers Principal Executive Offices |
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450 Lexington Avenue New York, NY
10017 |
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Item 2(a). |
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Names of Persons Filing |
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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. |
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Item 2(b). |
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Address of the Principal Business Office, or if none, Residence: |
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450 Lexington Avenue New York, NY
10017 |
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Item 2(c). |
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Citizenship |
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See responses to Item 4 on each cover page. |
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Item 2(d). |
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Title of Class of Securities |
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Class A ordinary shares, par value $0.0001 per share. |
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Item 2(e). |
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CUSIP Number |
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G9461D107 |
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Item 3. |
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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): |
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Not Applicable. |
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Item 4. |
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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. |
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Item 5. |
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Ownership of Five Percent or Less of a Class |
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Not Applicable. |
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Item 6. |
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Ownership of More than Five Percent on Behalf of Another Person |
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Not Applicable. |
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Item 7. |
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company |
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Not Applicable. |
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Item 8. |
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Identification and Classification of Members of the Group |
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Not Applicable. |
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Item 9. |
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Notice of Dissolution of Group |
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Not Applicable. |
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Item 10. |
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Certification |
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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
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Warburg Pincus Capital Corp I-A Sponsor, L.P. |
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By: |
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Warburg Pincus Capital Corporation GP LLC, its general partner |
By: |
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Warburg Pincus Partners II (Cayman), L.P., its managing member |
By: |
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Warburg Pincus Partners II Holdings (Cayman), L.P. |
By: |
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WPP II Administrative (Cayman), LLC |
By: |
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Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner |
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/s/ Harsha Marti |
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Name: Harsha Marti |
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Title: Authorised Signatory |
EXHIBIT LIST
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Exhibit 99.1 |
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Joint Filing Agreement, dated as of February 10, 2023 |
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