Sec Form 13G Filing - MOORE CAPITAL MANAGEMENT LP filing for TPG Pace Beneficial Finance Corp. (TPGY) - 2023-02-14

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.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

TPG Pace Beneficial Finance Corp.

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G8990D125

(CUSIP Number)

December 31, 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 on 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 11 Pages

 

 

 


CUSIP NO. G8990D125       Page 2 of 13

 

  1.    

  Names of Reporting Persons

 

  MOORE CAPITAL MANAGEMENT, LP

  2.  

  Check the Appropriate Box If a Member of a Group (See Instructions)

  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

 

  0

   6.  

  Shared Voting Power

 

  0

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10.  

  Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  0%

12.  

  Type of Reporting Person (See Instructions)

 

  PN; IA


CUSIP NO. G8990D125       Page 3 of 13

 

  1.    

  Names of Reporting Persons

 

  MMF LT, LLC

  2.  

  Check the Appropriate Box If a Member of a Group (See Instructions)

  c.  ☐        d.  ☒

 

  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

 

  0

   6.  

  Shared Voting Power

 

  0

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10.  

  Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  0%

12.  

  Type of Reporting Person (See Instructions)

 

  OO


CUSIP NO. G8990D125       Page 4 of 13

 

  1.    

  Names of Reporting Persons

 

  MOORE GLOBAL INVESTMENTS, LLC

  2.  

  Check the Appropriate Box If a Member of a Group (See Instructions)

  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

 

  0

   6.  

  Shared Voting Power

 

  0

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10.  

  Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  0%

12.  

  Type of Reporting Person (See Instructions)

 

  OO


CUSIP NO. G8990D125       Page 5 of 13

 

  1.    

  Names of Reporting Persons

 

  MOORE CAPITAL ADVISORS, L.L.C.

  2.  

  Check the Appropriate Box If a Member of a Group (See Instructions)

  e.  ☐        f.  ☒

 

  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

 

  0

   6.  

  Shared Voting Power

 

  0

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10.  

  Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  0%

12.  

  Type of Reporting Person (See Instructions)

 

  OO


CUSIP NO. G8990D125       Page 6 of 13

 

  1.    

  Names of Reporting Persons

 

  LOUIS M. BACON

  2.  

  Check the Appropriate Box If a Member of a Group (See Instructions)

  a.  ☐        b.  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Citizenship or Place of Organization

 

  UNITED STATES

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

With

   5.    

  Sole Voting Power

 

  0

   6.  

  Shared Voting Power

 

  0

   7.  

  Sole Dispositive Power

 

  0

   8.  

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10.  

  Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented By Amount in Row (9)

 

  0%

12.  

  Type of Reporting Person (See Instructions)

 

  IN


CUSIP NO. G8990D125       Page 7 of 13

 

Item 1(a).    Name of Issuer:
   TPG Pace Beneficial Finance Corp. (the “Issuer”).
Item 1(b).    Address of the Issuer’s Principal Executive Offices:
   301 Commerce Street, Suite 3300
   Fort Worth, TX 76102
Item 2(a).    Name of Person Filing
   This statement is being filed (1) by Moore Capital Management, LP, a Delaware limited partnership, (2) by MMF LT, LLC, a Delaware limited liability company (“MMF”), (3) by Moore Global Investments, LLC, a Delaware limited liability company (“MGI”), (4) by Moore Capital Advisors, L.L.C., a Delaware limited liability company (“MCA”) and (5) by Louis M. Bacon (“Mr. Bacon”), a United States citizen, in his capacity as chairman, chief executive officer and director of MCM. MCM serves as discretionary investment manager to MMF. MGI and MCA are the sole owners of MMF. Mr. Bacon is the chairman and director of MCA. This statement relates to Shares (as defined below) held by MMF. Each of MCM, MMF, MGI, MCA and Mr. Bacon, in the capacities set forth above, may be deemed to be the beneficial owner of Shares, as applicable.

 

Item 2(b).    Address of Principal Business Office or, if None, Residence:
   The principal business office of each of MCM, MMF, MGI, MCA and Mr. Bacon is located at 11 Times Square, 39th Floor, New York, New York 10036.

 

Item 2(c).

  

Citizenship:

 

i)    MCM is a Delaware limited partnership;
ii)    MMF is a Delaware limited liability company;
iii)    MGI is a Delaware limited liability company;
iv)    MCA is a Delaware limited liability company; and
v)    Mr. Bacon is a United States citizen.

 

Item 2(d).    Title of Class of Securities:
   Class A ordinary shares, par value $0.0001 per share (the “Shares”).
Item 2(e).    CUSIP Number:
   G8990D125
Item 3.    If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
   This Item 3 is not applicable.
Item 4.    Ownership:
  


CUSIP NO. G8990D125       Page 8 of 13

 

Item 4(a).    Amount Beneficially Owned:

 

   As of the date hereof, each of MCM, MMF, MGI, MCA and Mr. Bacon may be deemed to be the beneficial owner of no Shares held by MMF.

 

Item 4(b).    Percent of Class:

 

   As of the date hereof, each of MCM, MMF, MGI, MCA and Mr. Bacon may be deemed to be the beneficial owner of 0% of the total number of Shares outstanding.

 

Item 4(c).    Number of shares as to which such person has:

 

   MCM

 

   (i)    Sole power to vote or direct the vote      0  
   (ii)    Shared power to vote or to direct the vote      0  
   (iii)    Sole power to dispose or to direct the disposition of      0  
   (iv)    Shared power to dispose or to direct the disposition of      0  
   MMF

 

   (i)    Sole power to vote or direct the vote      0  
   (ii)    Shared power to vote or to direct the vote      0  
   (iii)    Sole power to dispose or to direct the disposition of      0  
   (iv)    Shared power to dispose or to direct the disposition of      0  
   MGI

 

   (i)    Sole power to vote or direct the vote      0  
   (ii)    Shared power to vote or to direct the vote      0  
   (iii)    Sole power to dispose or to direct the disposition of      0  
   (iv)    Shared power to dispose or to direct the disposition of      0  
   MCA

 

   (i)    Sole power to vote or direct the vote      0  
   (ii)    Shared power to vote or to direct the vote      0  
   (iii)    Sole power to dispose or to direct the disposition of      0  
   (iv)    Shared power to dispose or to direct the disposition of      0  
   Mr. Bacon

 

   (i)    Sole power to vote or direct the vote      0  
   (ii)    Shared power to vote or to direct the vote      0  
   (iii)    Sole power to dispose or to direct the disposition of      0  
   (iv)    Shared power to dispose or to direct the disposition of      0  

 

Item 5.    Ownership of Five Percent or Less of a Class:
   If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [X].
Item 6.    Ownership of More than Five Percent on Behalf of Another Person:
   This Item 6 is not applicable.


CUSIP NO. G8990D125       Page 9 of 13

 

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
   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 each of the Reporting Persons certifies that, to the best of such person’s 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 such purpose or effect.


CUSIP NO. G8990D125       Page 10 of 13

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: February 14, 2023    MOORE CAPITAL MANAGEMENT, LP
   By:   

/s/ James E. Kaye

      James E. Kaye
      Vice President
Date: February 14, 2023    MMF LT, LLC
   By:   

/s/ James E. Kaye

      James E. Kaye
      Vice President
Date: February 14, 2023    MOORE GLOBAL INVESTMENTS, LLC
   By:    Moore Capital Management, LP
   By:   

/s/ James E. Kaye

      James E. Kaye
      Vice President
Date: February 14, 2023    MOORE CAPITAL ADVISORS, L.L.C.
   By:   

/s/ James E. Kaye

      James E. Kaye
      Vice President
Date: February 14, 2023    MOORE STRATEGIC VENTURES, LLC
   By:   

/s/ James E. Kaye

      James E. Kaye
      Vice President
Date: February 14, 2023    LOUIS M. BACON
   By:   

/s/ James E. Kaye

      James E. Kaye
      Attorney-in-Fact


CUSIP NO. G8990D125       Page 11 of 13

 

EXHIBIT INDEX

 

A.    Joint Filing Agreement, dated as of February 14, 2023, by and between Moore Capital Management, LP, MMF LT, LLC, Moore Global Investments, LLC, Moore Capital Advisors, L.L.C. and Louis M. Bacon
B.    Power of Attorney, dated as of February 10, 2022, granted by Louis M. Bacon in favor James E. Kaye and James Danza