SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

Under the Securities Exchange Act of 1934

(Amendment No.        )*

 

 

Decarbonization Plus Acquisition Corporation IV

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

G2773W103

(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 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 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).

 

 

 


CUSIP No. G2773W103

 

  1    

  Name of Reporting Persons

 

  Decarbonization Plus Acquisition Sponsor IV LLC

  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

 

  7,698,495 (1)

   7  

  Sole Dispositive Power

 

  0

   8  

  Shared Dispositive Power

 

  7,698,495 (1)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  7,698,495 (1)

10  

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

 

  ☒ (2)

11  

  Percent of Class Represented by Amount in Row 9

 

  19.47% (3)

12  

  Type of Reporting Person

 

  FI (Cayman Islands limited liability company)

 

(1)

The shares reported above are the Issuer’s Class B ordinary shares that are convertible into the Issuer’s Class A ordinary shares on a one-for-on basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading “Description of Securities—Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-254259).

(2)

Does not include 12,488,255 of the Issuer’s Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable.

(3)

The percentage set forth in Row 11 of this Cover Page is based on the 39,531,250 of the Issuer’s ordinary shares outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 15, 2021.

 

1


CUSIP No. G2773W103

 

  1    

  Name of Reporting Persons

 

  Decarbonization Plus Acquisition Sponsor Holdings IV LLC

  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

 

  7,698,495 (1)

   7  

  Sole Dispositive Power

 

  0

   8  

  Shared Dispositive Power

 

  7,698,495 (1)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  7,698,495 (1)

10  

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

 

  ☒ (2)

11  

  Percent of Class Represented by Amount in Row 9

 

  19.47% (3)

12  

  Type of Reporting Person

 

  OO (Delaware limited liability company)

 

(1)

The shares reported above are the Issuer’s Class B ordinary shares that are convertible into the Issuer’s Class A ordinary shares on a one-for-on basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading “Description of Securities—Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-254259).

(2)

Does not include 12,488,255 of the Issuer’s Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable.

(3)

The percentage set forth in Row 11 of this Cover Page is based on the 39,531,250 of the Issuer’s ordinary shares outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 15, 2021.

 

2


CUSIP No. G2773W103

 

  1    

  Name of Reporting Persons

 

  Riverstone Holdings LLC

  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

 

  7,698,495 (1)

   7  

  Sole Dispositive Power

 

  0

   8  

  Shared Dispositive Power

 

  7,698,495 (1)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  7,698,495 (1)

10  

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

 

  ☒ (2)

11  

  Percent of Class Represented by Amount in Row 9

 

  19.47% (3)

12  

  Type of Reporting Person

 

  OO (Delaware limited liability company)

 

(1)

The shares reported above are the Issuer’s Class B ordinary shares that are convertible into the Issuer’s Class A ordinary shares on a one-for-on basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading “Description of Securities—Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-254259).

(2)

Does not include 12,488,255 of the Issuer’s Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable.

(3)

The percentage set forth in Row 11 of this Cover Page is based on the 39,531,250 of the Issuer’s ordinary shares outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 15, 2021.

 

3


CUSIP No. G2773W103

 

  1    

  Name of Reporting Persons

 

  David M. Leuschen

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  United States

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  0

   6  

  Shared Voting Power

 

  7,698,495 (1)

   7  

  Sole Dispositive Power

 

  0

   8  

  Shared Dispositive Power

 

  7,698,495 (1)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  7,698,495 (1)

10  

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

 

  ☒ (2)

11  

  Percent of Class Represented by Amount in Row 9

 

  19.47% (3)

12  

  Type of Reporting Person

 

  IN

 

(1)

The shares reported above are the Issuer’s Class B ordinary shares that are convertible into the Issuer’s Class A ordinary shares on a one-for-on basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading “Description of Securities—Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-254259).

(2)

Does not include 12,488,255 of the Issuer’s Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable.

(3)

The percentage set forth in Row 11 of this Cover Page is based on the 39,531,250 of the Issuer’s ordinary shares outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 15, 2021.

 

4


CUSIP No. G2773W103

 

  1    

  Name of Reporting Persons

 

  Pierre F. Lapeyre, Jr.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  United States

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  0

   6  

  Shared Voting Power

 

  7,698,495 (1)

   7  

  Sole Dispositive Power

 

  0

   8  

  Shared Dispositive Power

 

  7,698,495 (1)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  7,698,495 (1)

10  

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

 

  ☒ (2)

11  

  Percent of Class Represented by Amount in Row 9

 

  19.47% (3)

12  

  Type of Reporting Person

 

  IN

 

(1)

The shares reported above are the Issuer’s Class B ordinary shares that are convertible into the Issuer’s Class A ordinary shares on a one-for-on basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading “Description of Securities—Founder Shares” in the Issuer’s registration statement on Form S-1 (File No. 333-254259).

(2)

Does not include 12,488,255 of the Issuer’s Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable.

(3)

The percentage set forth in Row 11 of this Cover Page is based on the 39,531,250 of the Issuer’s ordinary shares outstanding as of November 15, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 15, 2021.

 

5


Item 1.

 

  (a)

Name of Issuer:

Decarbonization Plus Acquisition Corporation IV (the “Issuer”)

 

  (b)

Address of Issuer’s Principal Executive Offices:

2744 Sand Hill Road

Menlo Park, CA 94025

 

Item 2.

 

  (a)

Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

Decarbonization Plus Acquisition Sponsor IV LLC (“Sponsor”)

Decarbonization Plus Acquisition Sponsor Holdings IV LLC (“Holdings”)

Riverstone Holdings LLC (“Riverstone”)

David M. Leuschen

Pierre F. Lapeyre, Jr.

 

  (b)

Address or Principal Business Office:

The address of each of the Reporting Persons is c/o Riverstone Holdings LLC, 712 Fifth Avenue, 36th Floor, New York, NY 10019.

 

  (c)

Citizenship of each Reporting Person is:

The Sponsor is organized in the Cayman Islands. Riverstone and Holdings are organized in the State of Delaware. David M. Leuschen and Pierre F. Lapeyre, Jr. are each citizens of the United States.

 

  (d)

Title of Class of Securities:

Class A ordinary shares, par value $0.0001 per share (“Class A Ordinary Shares”).

 

  (e)

CUSIP Number:

G2773W103

 

Item 3.

Not applicable.

 

Item 4.

Ownership.

(a)-(c)

The ownership information presented below represents beneficial ownership of Class A Ordinary Shares of the Issuer as of December 31, 2021, based upon 39,531,250 Class A Ordinary Shares outstanding as of November 15, 2021 and assumes the conversion of the Class B ordinary shares, par value $0.0001 per share (“Class B Ordinary Shares”) of the Issuer held by the Reporting Persons into Class A Ordinary Shares on a one-to-one basis.

 

6


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
of:
     Shared
power to
dispose or
to direct the
disposition
of:
 

Decarbonization Plus Acquisition Sponsors IV LLC

     7,698,495        19.47     0        7,698,495        0        7,698,495  

Decarbonization Plus Acquisition Sponsor Holdings IV LLC

     7,698,495        19.47     0        7,698,495        0        7,698,495  

Riverstone Holdings LLC

     7,698,495        19.47     0        7,698,495        0        7,698,495  

David M. Leuschen

     7,698,495        19.47     0        7,698,495        0        7,698,495  

Pierre F. Lapeyre Jr.

     7,698,495        19.47     0        7,698,495        0        7,698,495  

Sponsor is the record holder of 7,698,495 Class B Ordinary Shares. David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone, which is the managing member of Holdings. Holdings is managing member of the Sponsor. As a result, each of these persons and entities may be deemed to share beneficial ownership of the shares held by Sponsor. Each such person or entity disclaims any such beneficial ownership.

 

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.

 

7


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 14, 2022     DECARBONIZATION PLUS ACQUISITION SPONSOR IV LLC
    By:  

/s/ Peter Haskopoulos

    Name:   Peter Haskopoulos
    Title:   Authorized Person
    DECARBONIZATION PLUS ACQUISITION SPONSOR HOLDINGS IV LLC
    By:  

/s/ Peter Haskopoulos

    Name:   Peter Haskopoulos
    Title:   Authorized Person
    RIVERSTONE HOLDINGS LLC
    By:  

/s/ Peter Haskopoulos

    Name:   Peter Haskopoulos
    Title:   Authorized Person
   

/s/ Peter Haskopoulos, attorney-in-fact

    David M. Leuschen
   

/s/ Peter Haskopoulos, attorney-in-fact

    Pierre F. Lapeyre, Jr.

 

8


LIST OF EXHIBITS

 

Exhibit No.

  

Description

24    Power of Attorney
99    Joint Filing Agreement.

 

9

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