Sec Form 13G Filing - Oaktree Capital Group LLC (OAK) filing for DUET Acquisition Corp. (DUET) - 2022-05-12

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*


DUET Acquisition Corp.
(Name of Issuer)

Units, each consisting of one share of Class A common stock, $0.0001 par value, and one redeemable warrant
 (Title of Class of Securities)
 
26431Q106
 (CUSIP Number)
 
January 20, 2022
 (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).
SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 2 of 17
1
NAMES OF REPORTING PERSONS
 
 
OCM Value SPAC Holdings, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 

 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%(2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

(1)
Represents 500,000 shares of Class A common stock, $0.0001 per share par value of DUET Acquisition Corp. (the “Issuer”) held directly by OCM Value SPAC Holdings, L.P.
(2)
All calculations of percentage ownership herein are based on an aggregate of 9,101,250 shares of Class A common stock, $0.0001 per share par value, as of March 15, 2022 (consisting of 8,625,000 shares of Class A common stock underlying units sold in the Issuer’s initial public offering consummated on January 24, 2022 (the “IPO”), 390,000 shares of Class A common stock underlying units sold in a private placement concurrent with the IPO and 86,250 shares of Class A common stock delivered to the underwriters in connection with the IPO), as reported in the Issuer’s Annual Report on Form 10-K filed by the Issuer on March 30, 2022.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 3 of 17
1
NAMES OF REPORTING PERSONS
 
 
Oaktree Fund GP, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 

 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 
         
(1)
Solely in its capacity as the general partner of OCM Value SPAC Holdings, L.P.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 4 of 17
1
NAMES OF REPORTING PERSONS
 
 
Oaktree Fund GP I, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 

 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 
         
(1)
Solely in its capacity as the managing member of Oaktree Fund GP, LLC.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 5 of 17
1
NAMES OF REPORTING PERSONS
 
 
Oaktree Capital I, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 

(1)
Solely in its capacity as the general partner of Oaktree Fund GP I, L.P.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 6 of 17
1
NAMES OF REPORTING PERSONS
 
 
OCM Holdings I, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 

(1)
Solely in its capacity as the general partner of Oaktree Capital I, L.P.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 7 of 17
1
NAMES OF REPORTING PERSONS
 
 
Oaktree Holdings, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 

(1)
Solely in its capacity as the managing member of OCM Holdings I, LLC.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 8 of 17
1
NAMES OF REPORTING PERSONS
 
 
Oaktree Capital Group, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 

(1)
Solely in its capacity as the managing member of Oaktree Holdings, LLC.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 9 of 17
1
NAMES OF REPORTING PERSONS
 
 
Oaktree Capital Group Holdings GP, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 

(1)
Solely in its capacity as the indirect owner of the class B units of Oaktree Capital Group, LLC.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 10 of 17
1
NAMES OF REPORTING PERSONS
 
 
Brookfield Asset Management Inc.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Ontario, Canada
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
HC
 
 
 
 

(1)
Solely in its capacity as the indirect owner of the class A units of Oaktree Capital Group, LLC.


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 11 of 17
1
NAMES OF REPORTING PERSONS
 
 
BAM Partners Trust
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☐
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Ontario, Canada
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
500,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
 
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
500,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
500,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
HC
 
 
 
 

(1)
Solely in its capacity as the sole owner of the class B Limited Voting Shares of Brookfield Asset Management, Inc.
 
SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 12 of 17
Item 1(a).
Name of Issuer:
 
DUET Acquisition Corp.
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
V03-11-02, Designer Office.
V03, Lingkaran SV, Sunway Velocity,
Kuala Lumpur, Malaysia
 
Item 2(a)-(c).
Name of Person Filing; Address of Principal Business Office; and Citizenship
 
This Schedule 13G is filed jointly by each of the following persons (collectively, the “Reporting Persons”) pursuant to a joint filing agreement attached hereto as Exhibit 1:
 

 i)
OCM Value SPAC Holdings, L.P., a Delaware limited partnership (“OCM Value SPAC”), in its capacity as the direct owner of 500,000 shares of Class A common stock of the Issuer;
 

 ii)
Oaktree Fund GP, LLC, a Delaware limited liability company (“Fund GP”), in its capacity as the general partner of OCM Value SPAC;
 

 iii)
Oaktree Fund GP I, L.P., a Delaware limited partnership (“GP I”), in its capacity as the managing member of Fund GP;
 

 iv)
Oaktree Capital I, L.P., a Delaware limited partnership (“Capital I”), in its capacity as the general partner of GP I;
 

 v)
OCM Holdings I, LLC, a Delaware limited liability company (“Holdings I”), in its capacity as the general partner of Capital I;
 

 vi)
Oaktree Holdings, LLC, a Delaware limited liability company (“Holdings”), in its capacity as the managing member of Holdings I;
 

 vii)
Oaktree Capital Group, LLC, a Delaware limited liability company (“OCG”), in its capacity as the managing member of Holdings;
 

 viii)
Oaktree Capital Group Holdings GP, LLC, a Delaware limited liability company (“OCGH GP”), in its capacity as the indirect owner of the class B units of OCG;
 

 ix)
Brookfield Asset Management Inc., an Ontario corporation (“BAM”), in its capacity as the indirect owner of the class A units of OCG; and
 

 x)
BAM Partners Trust, a trust established under the laws of Ontario (the “BAM Partnership”), in its capacity as the sole owner of Class B Limited Voting Shares of BAM.
 
The address of the principal business office of BAM and of the BAM Partnership is Brookfield Place, Suite 300, 181 Bay Street, P.O. Box 762, Toronto, Ontario, Canada M5J 2T3.  The address of the principal business office of other Reporting Persons is 333 S. Grand Avenue, 28th Floor, Los Angeles, CA 90071.
 
Item 2(d).
Title of Class of Securities:
 
Units, each consisting of one share of Class A common stock, $0.0001 par value, and one redeemable warrant
 
Item 2(e).
CUSIP Number:
 
26431Q206
 
SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 13 of 17
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.
 
Item 4.
Ownership:
 
The responses of the Reporting Persons to Rows 5-9 and 11 in each of their respective cover pages to this Schedule 13G are incorporated herein by reference.

OCM Value SPAC directly holds 500,000 shares of Class A common stock, $0.0001 par value, constituting approximately 5.5% of the total outstanding units and has the sole power to vote and dispose of such shares.

Fund GP, in its capacity as the general partner of OCM Value SPAC, has the ability to direct the management of OCM Value SPAC’s business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, Fund GP may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

GP I, in its capacity as the managing member of Fund GP, has the ability to direct the management of Fund GP’s business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, GP I may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

Capital I, in its capacity as the general partner of GP I, has the ability to direct the management of GP I’s business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, Capital I may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

Holdings I, in its capacity as the general partner of Capital I, has the ability to direct the management of Capital I’s business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, Holdings I may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

Holdings, in its capacity as the managing member of Holdings I, has the ability to direct the management of Holdings I’s business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, Holdings may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

OCG, in its capacity as the managing member of Holdings, has the ability to direct the management of Holdings’ business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, OCG may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

OCGH GP, in its capacity as the managing member of OCG, has the ability to direct the management of Holdings’ business regarding the vote and disposition of securities held by OCM Value SPAC; therefore, OCGH GP may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

BAM, in its capacity as the indirect owner of the class A units of OCG, has the ability to appoint and remove certain directors of OCG, and, as such, may indirectly control the decisions of OCG regarding the vote and disposition of securities held by OCM Value SPAC; therefore BAM may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.

The BAM Partnership, which is the sole owner of Class B Limited Voting Shares of BAM, has the ability to appoint one half of the board of directors of BAM and, as such, may indirectly control the decisions of BAM regarding the vote and disposition of securities held by OCM Value SPAC; therefore the BAM Partnership may be deemed to have indirect beneficial ownership of the shares held by OCM Value SPAC.
SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 14 of 17
Pursuant to Rule 13d-4 of the Exchange Act, the Reporting Persons declare that filing this Statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement except to the extent of such person’s pecuniary interest in the units, and except to the extent of its pecuniary interest, such beneficial ownership is expressly disclaimed by each Reporting Person.  All calculations of percentage ownership herein are based on an aggregate of 9,101,250 shares of Class A common stock, $0.0001 per share par value, as of March 15, 2022 (consisting of 8,625,000 shares of Class A common stock underlying units sold in the Issuer’s initial public offering consummated on January 24, 2022 (the “IPO”), 390,000 shares of Class A common stock underlying units sold in a private placement concurrent with the IPO and 86,250 shares of Class A common stock delivered to the underwriters in connection with the IPO), as reported in the Issuer’s Annual Report on Form 10-K filed by the Issuer on March 30, 2022.
 
Item 5.
Ownership of Five Percent or Less of a Class:
 
This Item 5 is not applicable.
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
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:
 
This Item 7 is not applicable.
 
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.
SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 15 of 17
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Date: May 13, 2022
 
 
OCM VALUE SPAC HOLDINGS, L.P.
  
       
 
By:
Oaktree Fund GP I, L.P.
  
 
Its:
General Partner
  
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Authorized Signatory
  
     
 
OAKTREE FUND GP, LLC
  
     
 
By:
Oaktree Fund GP I, L.P.
  
 
Its:
Managing Member
  
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Authorized Signatory
  
     
 
OAKTREE FUND GP I, L.P.
  
     
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Authorized Signatory
  
     
 
OAKTREE CAPITAL I, L.P.
  
     
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Senior Vice President
  

 
OCM HOLDINGS I, LLC
  
     
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Senior Vice President
  
 
OAKTREE HOLDINGS, LLC
  
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Senior Vice President
  
       
 
OAKTREE CAPITAL GROUP, LLC
  
     
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Senior Vice President
  
     
 
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
  
     
 
By:
/s/ Henry Orren
  
 
Name:
Henry Orren
  
 
Title:
Senior Vice President
  
     
 
BROOKFIELD ASSET MANAGEMENT INC.
  
     
 
By:
/s/ Kathy Sarpash
  
 
Name:
 Kathy Sarpash
  
 
Title:
 Senior Vice President Legal & Regulatory
  


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 16 of 17
 
BAM PARTNERS TRUST
  
 
By:
BAM Class B Partners Inc.
  
 
Its:
Trustee
  
       
 
By:
/s/ Kathy Sarpash
  
 
Name:
 Kathy Sarpash
  
 
Title:
Secretary
  


SCHEDULE 13G
 
CUSIP No. 26431Q106
Page 17 of 17
Exhibit 1.