SEC Form 3: New insider Taconic Capital Advisors Lp claimed ownership of 700,000 units of Class A Ordinary Shares
$PIAI
Blank Checks
Finance
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 09/27/2022 |
3. Issuer Name and Ticker or Trading Symbol
Prime Impact Acquisition I [ PIAI ] |
|||||||||||||
|
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||
| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Class A Ordinary Shares | 700,000(1) | I | See Remarks |
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
| Explanation of Responses: |
| 1. This Form 3 is being filed solely due to the redemption of shares of the Company's Class A ordinary shares by Company stockholders other than the Reporting Persons (the "Redemptions"). On September 27, 2022, the Reporting Persons became aware that its aggregated beneficial ownership was above 10% due to communications with the company's agents about the Redemptions. The Reporting Persons have not acquired and have not sold shares of the Company's Class A ordinary shares, units or warrants since being pushed over 10% due to the Redemptions. |
| Remarks: |
| This Statement relates to Company's Class A ordinary shares held for the accounts of Taconic Opportunity Master Fund L.P. (Taconic Opportunity Fund) and Taconic Master Fund 1.5 L.P. (Taconic Event Fund, and together with Taconic Opportunity Fund, the Taconic Funds). Taconic Capital Advisors L.P. (Taconic Advisors LP) serves as the investment manager to each of the Taconic Funds. Taconic Advisors LP has entered into sub-advisory agreements with Taconic Capital Advisors UK LLP (Taconic Advisors UK) and Taconic Capital Advisors (Hong Kong) Limited (Taconic Advisors HK) pursuant to which Taconic Advisors UK and Taconic Advisors HK serve as subadvisors to Taconic Advisors LP in respect of each of the Taconic Funds. Taconic Advisors LP is the manager of Taconic Capital Services UK Ltd, the UK parent entity of Taconic Advisors UK. Accordingly, each of Taconic Advisors LP, Taconic Advisors UK and Taconic Advisors HK may be deemed a beneficial owner of the Shares held for the accounts of the Taconic Funds. Taconic Capital Partners LLC (Taconic Partners) serves as the general partner to Taconic Advisors LP. Taconic Partners is also a director of Taconic Advisors HK. Taconic Associates LLC (Taconic Associates) serves as the general partner to Taconic Opportunity Fund, and accordingly may be deemed a beneficial owner of the Shares held for the account of Taconic Opportunity Fund. Taconic Capital serves as the general partner to Taconic Event Fund, and accordingly may be deemed a beneficial owner of the Shares held for the account of Taconic Event Fund. Mr. Brosens is a principal of Taconic Advisors LP and a manager of each of Taconic Partners, Taconic Associates and Taconic Capital. In such capacities, Mr. Brosens may be deemed a beneficial owner of the Shares held for the accounts of the Taconic Funds. |
| TACONIC CAPITAL ADVISORS L.P. By: /s/ Frank Brosens | 10/07/2022 | |
| TACONIC CAPITAL ADVISORS UK LLP by TACONIC CAPITAL SERVICES UK LTD., its UK parent entity By:_ /s/ Frank Brosens | 10/07/2022 | |
| TACONIC CAPITAL ADVISORS (HONG KONG) LIMITED by TACONIC CAPITAL PERFORMANCE PARTNERS LLC, as director By: /s/ Frank Brosens | 10/07/2022 | |
| Frank Brosens By: /s/ Frank Brosens | 10/07/2022 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||