Jaguar Global Growth Partners I Discloses Captivision Stake

TL;DR

**A new investor group just revealed a big stake in Captivision, watch for potential changes!**

AI Summary

Jaguar Global Growth Partners I LLC, along with a group including Gary R. Garrabrant and M. Joseph Beck, filed an SC 13D on January 2, 2024, disclosing their collective beneficial ownership of Captivision Inc.'s Ordinary Shares. This filing indicates that this group now holds a significant stake in Captivision Inc., triggering the requirement to disclose their intentions and any potential influence over the company. This matters to investors because a large, coordinated ownership group could signal future strategic changes, a potential activist role, or a vote of confidence in the company's direction, which could impact stock performance.

Why It Matters

This filing reveals a new significant ownership group in Captivision Inc., which could lead to strategic shifts or increased oversight, potentially affecting the company's future performance and stock value.

Risk Assessment

Risk Level: medium — The risk is medium because a new significant shareholder group could push for changes that may or may not benefit all existing shareholders.

Analyst Insight

A smart investor would monitor Captivision Inc. for further filings or announcements from Jaguar Global Growth Partners I LLC and its group members to understand their intentions and potential impact on the company's strategy and stock price.

Key Players & Entities

• Jaguar Global Growth Partners I LLC (company) — filing person and group member
• Captivision Inc. (company) — subject company (issuer)
• Gary R. Garrabrant (person) — group member
• M. Joseph Beck (person) — group member
• HC JAGUAR PARTNERS I LLC (company) — group member
• JGG SPAC HOLDINGS LLC (company) — group member
• Thomas D. Hennessy (person) — group member
• Thomas J. McDonald (person) — group member
• Will Burns (person) — person authorized to receive notices for the filing group
• $0.0001 (dollar_amount) — par value per share of Captivision Inc. Ordinary Shares

FAQ

Key Financial Figures

• $0.0001 — . (Name of Issuer) Ordinary Shares, $0.0001 par value per share (Title of Class o
• $25,000 — . On April 21, 2021, the Sponsor paid $25,000, or approximately $0.004 per share, to
• $0.004 — Sponsor paid $25,000, or approximately $0.004 per share, to cover certain expenses on
• $1.00 — 450,000 warrants at a purchase price of $1.00 per warrant to the Sponsor. - 9 - I
• $12.50 — for Common Stock Shares being at least $12.50 for 20 trading days within any 30-day c

Filing Documents

• d574687dsc13d.htm (SC 13D) — 154KB
• d574687dex991.htm (EX-99.1) — 7KB
• 0001193125-24-000765.txt ( ) — 163KB

From the Filing

SC 13D 1 d574687dsc13d.htm SC 13D SC 13D UNITED STATES SECURITIES & EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* Captivision Inc. (Name of Issuer) Ordinary Shares, $0.0001 par value per share (Title of Class of Securities) G18932106 (CUSIP Number) Will Burns Paul Hastings LLP 600 Travis St. Suite 5800 Houston, TX 77002 (713) 860-7352 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 15, 2023 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 13d-7(b) for other parties to whom copies are to be sent. * 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 the 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 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.: G18932106 1. NAME OF REPORTING PERSON Jaguar Global Growth Partners I, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 19,416,667 (1) 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 19,416,667 (1) 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,416,667 (1) 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.6% (2) 14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO (1) The aggregate amount of ordinary shares, $0.0001 par value per share of the Issuer (the Common Stock ) beneficially owned by the Reporting Persons is comprised of the following: (i) 7,466,667 shares of Common Stock that Jaguar Global Growth Partners I, LLC (the Sponsor ) acquired from the Issuer on November 15, 2023 in connection with the transactions contemplated by that certain Business Combination Agreement, dated as of March 2, 2023 (as the same has been amended as of June 16, 2023, July 7, 2023, July 18, 2023 and September 7, 2023) among the Issuer and the other parties thereto, as more fully described in the Issuers Registration Statement on Form F-4 that was declared effective on September 13, 2023 (the Business Combination ); and (ii) 11,950,000 shares of Common Stock underlying warrants that the Sponsor acquired from the Issuer on November 15, 2023 in connection with the Business Combination. JGG SPAC Holdings LLC ( JGG ) and HC Jaguar Partners I LLC ( HC ) are the managing members of the Sponsor and have voting and investment discretion with respect to the securities held of record by the Sponsor. Gary R. Garrabrant and Thomas J. McDonald are the managing members of JGG. JGG is owned by Gary R. Garrabrant and Thomas J. McDonald. HC is owned by Thomas D. Hennessy and M. Joseph Beck. Mr. Garrabrant, Mr. McDonald, Mr. Hennessy and Mr. Beck share equally in the voting and investment discretion with respect to the securities held of record by the Sponsor and may be deemed to have shared beneficial ownership of the securities held directly by the Sponsor. (2) Percent of class calculated based on an aggregate of 28,817,810 shares of Common Stock issued and outstanding as of November 15, 2023, plus 11,950,000 shares of Common Stock underlying the warrants held by the Sponsor. - 2 - CUSIP No.: G18932106 1. NAME OF REPORTING PERSON JGG SPAC Holdings LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 19,416,667 (1) 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 19,416,667 (1) 11. AGGREGATE AM

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View this SC 13D filing on SEC EDGAR