M&A: Pantheon Ventures (US) LP
Form Type: SCHEDULE 13D
Filing Date: 2024-12-27
Corporate Action: Merger
Type: New
Accession Number: 000095017024140905
Comments: On December 17, 2024, a merger transaction was completed between the Issuer, Pantheon Silver Holdings LLC, and Silver Merger Sub LLC, leading to Silver Holdings acquiring 6,365,614 Common Units for $140,778,278.39, approximately $22.12 per Common Unit. Additionally, Silver Holdings exchanged a subsidiary, Pantheon Silver LLC, for 8,670,430 Common Units valued at $208,532,515.52, or $24.05 per Common Unit. These transactions are exempt from registration under Section 4(2) of the Securities Act. Following the merger, the beneficial ownership of the Reporting Persons represents 99.997% of the Issuer's Common Units. The Reporting Persons, which include Pantheon Ventures (US) LP, intend to review their investment and may take action regarding their ownership at any time, discussing potential future corporate transactions including further acquisitions or changes to the Issuer's corporate structure.
Document Link: View Document
Additional details:
Reporting Persons: Pantheon Ventures (US) LP
Merger Date: 2024-12-17
Common Units Acquired: 6,365,614
Purchase Price Per Common Unit: 22.12
Subsidiary Contribution: Pantheon Silver LLC
Common Units Received For Subsidiary: 8,670,430
Purchase Price Per Subsidiary Unit: 24.05
Additional Units Sold: 124,735
Total Purchase Price Additional Units: 3,000,000
Effective Time Merger: 2024-12-17