Item 4.
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Purpose of Transaction
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The Reporting Person acquired the securities of the Issuer for investment purposes. The Reporting Person may purchase additional securities or
dispose of securities in varying amounts and at varying times depending upon the Reporting Persons continuing assessments of pertinent factors, including the availability of shares of Class A Common Stock or other securities for purchase
at particular price levels, the business prospects of the Issuer, other business investment opportunities, economic conditions, stock market conditions, money market conditions, the attitudes and actions of the board of directors (the
Board) and management of the Issuer, the availability and nature of opportunities to dispose of shares of the Issuer and other plans and requirements of the particular entities. The Reporting Person may discuss items of mutual interest
with the Issuer, which could include items in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Depending upon assessments of
the above factors, the Reporting Person may change their present intentions as stated above and they may assess whether to make suggestions to the management of the Issuer regarding financing, and whether to acquire additional securities of the
Issuer, including shares of Class A Common Stock (by means of open market purchases, privately negotiated purchases, or otherwise) or to dispose of some or all of the securities of the Issuer, including shares of Class A Common Stock,
under their control. The Reporting Person may seek to acquire other securities of the Issuer, including other equity, debt, notes or other financial instruments related to the Issuer or the Class A Common Stock (which may include rights or
securities exercisable or convertible into securities of the Issuer), and/or sell or otherwise dispose of some or all of such Issuer securities or financial instruments (which may include distributing some or all of such securities to such Reporting
Persons respective partners or beneficiaries, as applicable) from time to time, in each case, in open market or private transactions, block sales or otherwise. Any transaction that the Reporting Person may pursue may be made at any time and
from time to time without prior notice and will depend on a variety of factors, including, without limitation, the price and availability of the Issuers securities or other financial instruments, the Reporting Persons trading and
investment strategies, subsequent developments affecting the Issuer, the Issuers business and the Issuers prospects, other investment and business opportunities available to such Reporting Person, general industry and economic
conditions, the securities markets in general, tax considerations and other factors deemed relevant by such Reporting Person.
The
Reporting Person intends to review his investment in the Issuer on an ongoing basis and, in the course of their review, may take actions with respect to his investment or the Issuer, including communicating from time to time with the Board, members
of management, other securityholders of the Issuer, or other third parties, advisors, such as legal, financial, regulatory, or other advisors, to assist in the review and evaluation of strategic alternatives. Such discussions and other actions may
relate to various alternative courses of action, including, without limitation, those related to an extraordinary corporate transaction (including, but not limited to a merger, reorganization or liquidation) involving the Issuer or any of its
subsidiaries; a sale or transfer of a material portion of the assets of the Issuer or any of its subsidiaries or the acquisition of material assets; the formation of joint ventures or other strategic alliances with the Issuer or any of its
subsidiaries; changes in the present business, operations, strategy, future plans or prospects of the Issuer, financial or governance matters; changes to the Board or management of the Issuer; changes to the capitalization, ownership structure,
dividend policy, business or corporate structure or governance documents of the Issuer; de-listing or de-registration of the Issuers securities; or any action
similar to the foregoing. Such discussions and actions may be exploratory in nature, and not rise to the level of a plan or proposal.
Except as described in this Schedule 13D, the Reporting Person does not have any present plans or proposals that relate to or would result in
any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D, although, subject to the agreements described herein, the Reporting Person, at any time and from time to time, may review, reconsider and change their
position and/or change his purpose and/or develop such plans and may seek to influence management of the Issuer or the Board with respect to the business and affairs of the Issuer and may from time to time consider pursuing or proposing such matters
with advisors, the Issuer or other persons.
Item 5.
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Interest in Securities of the Issuer
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(a) The Trust beneficially owns 17,376,629 shares of the Class A Common Stock, or approximately 10.6% of the
outstanding Class A Common Stock. This percentage is based on 163,175,632 shares of Class A Common Stock outstanding after the Business Combination. Of those shares, Mr. Congdon, as Trustee, beneficially owns 17,376,629 shares of the
Common Stock, or approximately 10.6% of the outstanding Class A Common Stock.
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