Sec Form 13G Filing - PM Partners I LP filing for - 2026-02-18

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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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5, 7 and 9: Represents 9,666,666 Class A common shares of the Issuer issuable upon exercise of certain warrant issued to PM Partners I LP by the Issuer on February 11, 2026 (the "Warrant"). Note to Row 11: Percentage calculated based on the sum of (i) an aggregate of 63,479,260 Class A common shares outstanding as of September 9, 2025, as reported in the Issuer's Form 424B5 filed with the U.S. Securities and Exchange Commission on November 4, 2025 and (ii) 9,666,666 Class A common shares issuable upon exercise of the Warrant that PM Partners I LP may be deemed to beneficially own.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5, 7 and 9: Represents 9,666,666 Class A common shares of the Issuer issuable upon exercise of the Warrant. PM Partners GP I Limited serves as the general partner of PM Partners I LP. Therefore, PM Partners GP I Limited may be deemed to have voting, investment and dispositive power with respect to these securities. Note to Row 11: Percentage calculated based on the sum of (i) an aggregate of 63,479,260 Class A common shares outstanding as of September 9, 2025, as reported in the Issuer's Form 424B5 filed with the U.S. Securities and Exchange Commission on November 4, 2025 and (ii) 9,666,666 Class A common shares issuable upon exercise of the Warrant that PM Partners GP I Limited may be deemed to beneficially own.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5, 7 and 9: Represents 9,666,666 Class A common shares of the Issuer issuable upon exercise of the Warrant. PM Partners GP I Limited serves as the general partner of PM Partners I LP. PM Partners GP I Limited is wholly owned by PAG Pegasus LLC. Therefore, PAG Pegasus LLC may be deemed to have voting, investment and dispositive power with respect to these securities. Note to Row 11: Percentage calculated based on the sum of (i) an aggregate of 63,479,260 Class A common shares outstanding as of September 9, 2025, as reported in the Issuer's Form 424B5 filed with the U.S. Securities and Exchange Commission on November 4, 2025 and (ii) 9,666,666 Class A common shares issuable upon exercise of the Warrant that PAG Pegasus LLC may be deemed to beneficially own.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5, 7 and 9: Represents 9,666,666 Class A common shares of the Issuer issuable upon exercise of the Warrant. PM Partners GP I Limited serves as the general partner of PM Partners I LP. PM Partners GP I Limited is wholly owned by PAG Pegasus LLC. PAG Pegasus LLC is controlled by Pacific Alliance Group Limited. Therefore, Pacific Alliance Group Limited may be deemed to have voting, investment and dispositive power with respect to these securities. Note to Row 11: Percentage calculated based on the sum of (i) an aggregate of 63,479,260 Class A common shares outstanding as of September 9, 2025, as reported in the Issuer's Form 424B5 filed with the U.S. Securities and Exchange Commission on November 4, 2025 and (ii) 9,666,666 Class A common shares issuable upon exercise of the Warrant that Pacific Alliance Group Limited may be deemed to beneficially own.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Rows 5, 7 and 9: Represents 9,666,666 Class A common shares of the Issuer issuable upon exercise of the Warrant. PM Partners GP I Limited serves as the general partner of PM Partners I LP. PM Partners GP I Limited is wholly owned by PAG Pegasus LLC. PAG Pegasus LLC is controlled by Pacific Alliance Group Limited. Pacific Alliance Group Limited is wholly owned by PAG. Therefore, PAG may be deemed to have voting, investment and dispositive power with respect to these securities. Note to Row 11: Percentage calculated based on the sum of (i) an aggregate of 63,479,260 Class A common shares outstanding as of September 9, 2025, as reported in the Issuer's Form 424B5 filed with the U.S. Securities and Exchange Commission on November 4, 2025 and (ii) 9,666,666 Class A common shares issuable upon exercise of the Warrant that PAG may be deemed to beneficially own.


SCHEDULE 13G


 
PM Partners I LP
 
Signature:/s/ Jon Robert Lewis
Name/Title:Jon Robert Lewis / Director of PM Partners GP I Limited, the general partner of PM Partners I LP
Date:02/18/2026
 
PM Partners GP I Limited
 
Signature:/s/ Jon Robert Lewis
Name/Title:Jon Robert Lewis / Director
Date:02/18/2026
 
PAG Pegasus LLC
 
Signature:/s/ Jon Robert Lewis
Name/Title:Jon Robert Lewis / Manager
Date:02/18/2026
 
Pacific Alliance Group Limited
 
Signature:/s/ Derek Roy Crane
Name/Title:Derek Roy Crane / Director
Date:02/18/2026
 
PAG
 
Signature:/s/ Derek Roy Crane
Name/Title:Derek Roy Crane / Director
Date:02/18/2026

Comments accompanying signature:  Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Exhibit Information

Exhibit 99.1: Joint Filing Agreement, among the Reporting Persons, dated February 18, 2026. Exhibit 99.2: Warrant to Purchase Common Shares, between the Issuer and PM Partners I LP, dated February 11, 2026 (incorporated by reference to Exhibit 4.1 to the Issuer's Form 6-K filed with the U.S. Securities and Exchange Commission on February 11, 2026).

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