Farallon Capital Partners Updates Swiftmerge ACQ Stake

Ticker: ANNAW · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1845123

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, spac, amendment

TL;DR

**Farallon Capital Partners still holds Swiftmerge Acquisition Corp. shares, signaling continued institutional interest.**

AI Summary

Farallon Capital Partners, L.P. filed an amended Schedule 13G/A on February 5, 2024, indicating their ownership of Swiftmerge Acquisition Corp.'s Class A ordinary shares as of December 31, 2023. This filing updates their previous disclosures, showing their continued significant, but passive, investment in the SPAC. For investors, this means a major institutional investor remains committed to Swiftmerge, potentially signaling confidence in its future merger prospects.

Why It Matters

This filing confirms a major institutional investor, Farallon Capital Partners, L.P., maintains a significant stake in Swiftmerge Acquisition Corp., which can be a positive signal for other investors.

Risk Assessment

Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in strategy or significant new risks.

Analyst Insight

Investors should note that a significant institutional investor, Farallon Capital Partners, L.P., continues to hold shares in Swiftmerge Acquisition Corp., suggesting ongoing confidence in the SPAC's potential, but this filing itself doesn't indicate any new strategic moves.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is Farallon Capital Partners, L.P., with a Central Index Key (CIK) of 0001175707.

What is the subject company (issuer) of the securities?

The subject company, or issuer, is Swiftmerge Acquisition Corp., with a Central Index Key (CIK) of 0001845123.

What is the CUSIP number for the class of securities reported?

The CUSIP number for the Class A ordinary shares of Swiftmerge Acquisition Corp. is G63836103.

What was the 'Date of Event' that required this filing?

The 'Date of Event which Requires Filing of this Statement' was December 31, 2023.

Filing Stats: 5,024 words · 20 min read · ~17 pages · Grade level 13.6 · Accepted 2024-02-05 11:22:33

Key Financial Figures

Filing Documents

From the Filing

SC 13G/A 1 ivcp_13ga.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) * Swiftmerge Acquisition Corp. (Name of Issuer) Class A ordinary shares, Par Value $0.0001 per share (Title of Class of Securities) G63836103 (Cusip Number) December 31, 2023 (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). (Continued on following pages) Page 1 of 35 Pages Exhibit Index Found on Page 34 13G CUSIP No. G63836103 1 NAMES OF REPORTING PERSONS Farallon Capital Partners, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** ** The reporting persons making this filing hold an aggregate of 300,000 Shares (as defined in Item 2) and hold Class B Ordinary Shares (as defined in the Preliminary Note) convertible into up to an aggregate of 225,000 Shares. Accordingly, as of the date of this filing the aggregate Shares and Class B Ordinary Shares held by the reporting persons represent beneficial ownership of 9.0% of the class of Shares. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER -0- 6 SHARED VOTING POWER 44,100 7 SOLE DISPOSITIVE POWER -0- 8 SHARED DISPOSITIVE POWER 44,100 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 44,100 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.8% 12 TYPE OF REPORTING PERSON (See Instructions) PN Page 2 of 35 Pages 13G CUSIP No. G63836103 1 NAMES OF REPORTING PERSONS Farallon Capital Institutional Partners, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** ** The reporting persons making this filing hold an aggregate of 300,000 Shares (as defined in Item 2) and hold Class B Ordinary Shares (as defined in the Preliminary Note) convertible into up to an aggregate of 225,000 Shares. Accordingly, as of the date of this filing the aggregate Shares and Class B Ordinary Shares held by the reporting persons represent beneficial ownership of 9.0% of the class of Shares. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER -0- 6 SHARED VOTING POWER 65,730 7 SOLE DISPOSITIVE POWER -0- 8 SHARED DISPOSITIVE POWER 65,730 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 65,730 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.2% 12 TYPE OF REPORTING PERSON (See Instructions) PN Page 3 of 35 Pages 13G CUSIP No. G63836103 1 NAMES OF REPORTING PERSONS Farallon Capital Institutional Partners II, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [ X ]** ** The reporting persons making this filing hold an aggregate of 300,000 Shares (as defined in Item 2) and hold Class B Ordinary Shares (as defined in the Preliminary Note) convertible into up to an aggregate of 225,000 Shares. Accordingly, as of the date of this filing the aggregate Shares and Class B Ordinary Shares held by the reporting persons represent beneficial ownership of 9.0% of the class of Shares. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER -0- 6 SHARED VOTING POWER 15,060 7 SOLE DISPOSITIVE POWER -0- 8 SHARED DISPOSITIVE POWER 15,060 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,060 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SH

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