Harraden Circle Investments Takes 5.0% Stake in Semper Paratus SPAC

TL;DR

**Harraden Circle Investments just disclosed a 5.0% stake in Semper Paratus SPAC.**

AI Summary

Harraden Circle Investments, LLC, a Delaware-based investment firm, reported on January 22, 2024, that it beneficially owns 5.0% of Semper Paratus Acquisition Corp. (SPAC) as of January 10, 2024. This filing indicates Harraden Circle Investments, LLC has taken a significant, though not controlling, stake in the SPAC, which could influence future merger decisions or provide a vote of confidence in the SPAC's management. For investors, this matters because a substantial institutional holding can signal professional interest and potentially stabilize the stock price, but it also means a large block of shares is concentrated, which could impact liquidity.

Why It Matters

This filing reveals a new significant institutional investor in Semper Paratus Acquisition Corp., potentially signaling increased confidence or future strategic involvement in the SPAC's direction.

Risk Assessment

Risk Level: low — This filing indicates a new institutional investor, which generally adds stability and professional oversight, reducing immediate risk.

Analyst Insight

Investors should monitor future filings from Harraden Circle Investments, LLC for any changes in their stake, as well as any news regarding Semper Paratus Acquisition Corp.'s merger plans, as this new institutional ownership could influence future strategic decisions.

Key Numbers

• 5.0% — Beneficial Ownership (Percentage of Semper Paratus Acquisition Corp. shares owned by Harraden Circle Investments, LLC)
• January 10, 2024 — Date of Event (The date when the ownership threshold requiring this filing was met)
• January 22, 2024 — Filing Date (The date the SC 13G filing was submitted to the SEC)

Key Players & Entities

• Harraden Circle Investments, LLC (company) — the reporting person and beneficial owner
• Semper Paratus Acquisition Corp. (company) — the subject company of the filing
• FREDERICK V. FORTMILLER, JR. (person) — a group member associated with Harraden Circle
• HARRADEN CIRCLE INVESTORS GP, LLC (company) — a group member associated with Harraden Circle
• Delaware (company) — place of organization for Harraden Circle Investments, LLC

Forward-Looking Statements

• Harraden Circle Investments, LLC will maintain its stake in Semper Paratus Acquisition Corp. for the near term. (Harraden Circle Investments, LLC) — medium confidence, target: Q2 2024
• The presence of a new institutional investor may lead to increased scrutiny of Semper Paratus Acquisition Corp.'s merger target selection. (Semper Paratus Acquisition Corp.) — low confidence, target: Q3 2024

FAQ

Key Financial Figures

• $0.0001 — ities Class A Common Stock, par value $0.0001 per share (Shares) Item 2(e). CUSIP

Filing Documents

• d721647dsc13g.htm (SC 13G) — 105KB
• d721647dex991.htm (EX-99.1) — 7KB
• 0001193125-24-011610.txt ( ) — 113KB

(a)

Item 1(a). Name of Issuer Semper Paratus Acquisition Corp. (the issuer)

(b)

Item 1(b). Address of Issuers Principal Executive Offices 767 Third Avenue, 38 th Floor,New York, NY 10017

(a)

Item 2(a). Names of Persons Filing This Statement is filed on behalf of the following persons (collectively, the Reporting Persons): i) Harraden Circle Investors, LP (Harraden Fund), ii) Harraden Circle Special Opportunities, LP (Harraden Special Op Fund) iii) Harraden Circle Investors GP, LP (Harraden GP); iv) Harraden Circle Investors GP, LLC (Harraden LLC); v) Harraden Circle Investments, LLC (Harraden Adviser); and vi) Frederick V. Fortmiller, Jr. (Mr. Fortmiller); This Statement relates to Shares (as defined herein) directly beneficially owned by Harraden Fund and Harraden Special Op Fund, Harraden GP is the general partner to Harraden Fund and Harraden Special Op Fund, and Harraden LLC is the general partner of Harraden GP. Harraden Adviser serves as investment manager to Harraden Fund, Harraden Special Op Fund and other high net worth individuals. Mr. Fortmiller is the managing member of each of Harraden LLC and Harraden Adviser. In such capacities, each of Harraden GP, Harraden LLC, Harraden Adviser and Mr. Fortmiller may be deemed to indirectly beneficially own the Shares reported herein directly beneficially owned by Harraden Fund and Harraden Special Op Fund.

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence The address of the principal business office of each Reporting Person is 299 Park Avenue, 21st Floor, New York, NY 10171.

(c)

Item 2(c). Citizenship Each of Harraden Fund, Harraden Special Op Fund and Harraden GP is a Delaware limited partnership. Each of Harraden LLC and Harraden Adviser is a Delaware limited liability company. Mr. Fortmiller is a citizen of the United States of America.

(d)

Item 2(d). Title of Class of Securities Class A Common Stock, par value $0.0001 per share (Shares)

(e)

Item 2(e). CUSIP No. G8028L107

If this statement is filed pursuant to 240.13d-1(b) or

Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: This Item 3 is not applicable. CUSIP No. G8028L107 Page 9 of 11 Pages Item 4.

(a)

Item 4(a) Amount Beneficially Owned As of January 10, 2024, each of the Reporting Persons may be deemed the beneficial owner of 838,971 Shares underlying Units held directly by Harraden Fund, Harraden Special Op Fund and Harraden Adviser.

(b)

Item 4(b) Percent of Class Fund and Harraden Adviser. As of January 10, 2024, each of the Reporting Persons may be deemed the beneficial owner of approximately 5.62% of Shares outstanding. This percentage is based on a total of 14,935,513 Shares outstanding, based on information in the Form 424B4 filed by the Company on January 10, 2024.

(c)

Item 4(c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 838,971 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 838,971 Item 5. This Item 5 is not applicable. Item 6. This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person See disclosure in Item 2 hereof. Item 8. Identification and Classification of Members of the Group This Item 8 is not applicable. Item 9. Notice of Dissolution of Group This Item 9 is not applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. CUSIP No. G8028L107 Page 10 of 11 Pages SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: January 22, 2024 HARRADEN CIRCLE INVESTORS, LP HARRADEN CIRCLE SPECIAL OPPORTUNITIES, LP By: HARRADEN CIRCLE INVESTORS GP, LP, its general partner By: HARRADEN CIRCLE INVESTORS GP, LLC, its general partner By: /s/ Frederick V. Fortmiller, Jr. Title: Managing Member HARRADEN CIRCLE INVESTORS GP, LP By: HARRADEN CIRCLE INVESTORS GP, LLC, its general partner By: /s/ Frederick

View Full Filing

View this SC 13G filing on SEC EDGAR